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The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

TCS, HCL Tech, Infosys, Tech Mahindra and Wipro were among the top losers on NSE in today's trade.

The Economic Times

Buy Wipro, target price Rs 620: JM Financial

Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 280075.29 Crore) operating in IT Software sector.

CNBC TV18

Fed meet outcome today: Nifty IT index falls nearly 3% led by Mphasis, Infosys, TCS

The top five losers on the Nifty are IT stocks like Tech Mahindra, Infosys, Wipro, LTIMindtree, and TCS, trading with losses of up to 3%.

The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE

Tech Mahindra, Wipro, Infosys, LTIMindtree and TCS were among the top losers on NSE.

Business Standard

Wipro announces 8% salary hikes for top performing employees in 2024

Wipro's salary this year improves upon the average 6% hike given to top performers at the IT firm last year

Mint

Wipro share are up by 0.15%, Nifty up by 0.12%

Wipro Share Price Today : On the last trading day, Wipro's stock opened at ₹548.35 and closed at ₹552.30. The stock reached a high of ₹553.70 and a low of ₹547.25 during the day.

Mint

Wipro to hand out an average 8% salary hike to its top performers this year

Wipro spent ₹54,900 crore ($6.6 billion) as employee costs for the year ended March 2024, which made up 61% of the company’s full-year revenue of $10.8 billion. Wipro’s median remuneration to employees excluding whole-time directors increased 9.43% in the year ended March 2024.

The Economic Times

Infosys, Wipro to start fintech hubs in GIFT City’s IFSC under Techfin framework

Both companies have taken large office spaces within the International Financial Services Centre (IFSC) to set up their operations under the TechFin framework, through which they will focus on services aligned with financial technology catering to their global clients.

Mint

Wipro share are up by 0.66%, Nifty up by 0.18%

Wipro Share Price Today : On the last trading day, Wipro's stock opened at ₹553 and closed at ₹554.3. The stock reached a high of ₹556.75 and a low of ₹548.65 during the day.

The Economic Times

Wipro Share Price Today Live Updates: Wipro Closes at Rs 550.60 with Surge in Trading Volume

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Mint

Shares to buy: Axis Bank, Wipro, Jio Financial among 11 stocks that may rise 7-23% in the next 3-4 weeks, say analysts

Shares to buy: Amid a 2% rise in the Nifty 50, analysts advise investors to focus on quality stocks. They recommend 11 stocks, which are expected to increase by 7-23% in the next few weeks, with caution advised in stock selection.

Mint

Adani Group, HCL Tech, Infosys, among top Indian firms in TIME's world's best companies of 2024; Check full list

TIME's world's best companies of 2024: HCL Tech, Infosys, Wipro, Adani Group, among others are the top Indian firms that have made it to the list this year

CNBC TV18

Wipro shares surge despite Kotak's bearish call citing turnaround progress

Kotak Institutional Equities is awaiting progress on the company's turnaround journey. The turnaround, as per the brokerage, needs to get multiple elements right and is challenging.

Business Standard

Wipro tightens work-from-home policy, links office attendance to leaves

Wipro is enforcing a new policy requiring employees to work from the office at least three days a week. Those found violating the rules will be at risk of losing a day's leave

The Economic Times

Wipro, National Aluminium among 5 stocks with long buildup

A long buildup indicates a bullish trend with rising open interest and volumes. On Friday, five stocks saw new long positions.

Mint

Wipro follows LTIMindtree, links office attendance to leaves

In an internal email, Bengaluru-based Wipro Ltd directed employees to attend office at least thrice a week or risk losing the day's leave, joining a pack of IT services companies enforcing work-from-office rules.

CNBC TV18

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty give up gains; Samvardhana Motherson declines on bearish outlook

Sensex Today | Stock Market LIVE Updates: As many as 33 Nifty 50 stocks are trading in the red, while 17 stocks advance. Asian Paints (-1.45%), Divi's Labs (-1.21%) and SBI Life (-0.98%) are the top index losers at this hour. On the other hand, Tata Steel (1.48%), Wipro (1.29%) and JSW Steel (1.17%) are the top gainers.

Mint

Wipro share are up by 1.36%, Nifty up by 0.28%

Wipro Share Price Today : On the last trading day, Wipro opened at ₹520 and closed at ₹521.55. The stock reached a high of ₹522.6 and a low of ₹518 during the day.

The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Tata Motors, ONGC, Wipro, SBI and Hindalco were among the top losers on NSE in today's trade.

Mint

Wipro share are down by -0.76%, Nifty up by 0.14%

Wipro Share Price Today : On the last trading day, Wipro opened at ₹525 and closed slightly lower at ₹521.6. The stock reached a high of ₹525.5 during the day and touched a low of ₹520.25.

CNBC TV18

Heads of Nifty50 companies see 26% rise in their annual remuneration

The annual remuneration of top Nifty50 executives rose by 26.5% in FY24, with the heads of Wipro, Bajaj Finance, and Hero MotoCorp earning over ₹100 crore. Overall, Nifty50 CEOs drew ₹1,347 crore in total compensation during the year.

Mint

Wipro share are down by -0.27%, Nifty down by -0.95%

Wipro Share Price Today : On the last trading day, Wipro's stock opened at ₹524 and closed slightly lower at ₹523.5. During the day, it reached a high of ₹529.85 and a low of ₹520.45.

CNBC TV18

Trade Setup for September 6: Nifty on the edge ahead of all important jobs report

The losses in Reliance were offset by some buying interest seen in IT majors Infosys and Wipro, along with other heavyweights like HDFC Bank and ITC.

Business Standard

Wipro enlisted by JFK International Air Terminal to meet net zero targets

Wipro Consulting's sustainability practice was selected by JFKIAT to assess the Terminal's greenhouse gas emissions, develop a carbon reduction roadmap, and create its 2023 sustainability report aligned with JFKIAT's sustainability targets. JFKIAT's target is to reduce their Scope 1 and 2 emissions by 50% prior to 2030 and by 100% prior to 2050.

Mint

Wipro share are up by 0.49%, Nifty down by -0.11%

Wipro Share Price Today : On the last trading day, Wipro's stock opened at ₹521 and closed slightly higher at ₹521.7. The stock reached a high of ₹524.45 during the day, while the lowest price recorded was ₹519.6. Overall, the stock showed a modest increase, closing just 0.7% above its opening price.

The Economic Times

EQT set to acquire BPO GeBBS from ChrysCapital

Swedish private equity fund EQT is set to acquire Los Angeles-based healthcare BPO company GeBBS Healthcare Solutions for about $870 million. The deal, which outbid Hillhouse Investment, is expected to be signed soon. GeBBS, founded in 2005, employs 14,000 workers globally and competes with major firms like Wipro and IBM.

CNBC TV18

Nifty 50 ends longest-ever gaining streak dragged by IT stocks; Sensex slumps

Indian IT stocks declined in line with global cues, down 0.9% to 42,450.50 points. Wipro topped losses on the Nifty 50 index, ending 3% lower.

Business Line

Sensex, Nifty plunge amid global market weakness; IT stocks lead decline

The market breadth remained negative, with IT stocks leading the decline, particularly Wipro

Mint

PFC, Wipro and Welspun Living: StoxBox’s top 3 investment picks for high returns

StoxBox highlights three investment picks—Power Finance Corporation, Wipro, and Welspun Living—that offer strong potential for returns, backed by solid fundamentals and technical setups.

Mint

Stock market today: Trade setup for Nifty 50 to global markets, five stocks to buy or sell on Tuesday — Sept 3

Stocks to buy today: Exeprts have recommended five shares to buy today —Thangamayil Jewellery, Patanjali Foods, Balkrishna Industries, ONGC, and Wipro

The Economic Times

HCLTech, Wipro see discretionary spends uptick in BFSI sector

In a pleasant surprise for the industry, two of the top four Indian IT companies, HCLTech and Wipro, are ramping up discretionary spends in the banking, financial services, and insurance (BFSI) segment. Experts, anticipating a rate cut in September, are hoping the revival of discretionary spending will be widespread in the next two quarters.

Mint

Why Infosys and HCLTech have the longest running CEOs

HCLTech’s C. Vijayakumar and Infosys’s Salil Parekh have maintained long tenures, contrasting with recent CEO changes at TCS, Wipro, and Tech Mahindra. They have driven significant growth, stability, and shareholder value, although both face challenges with declining profitability.

The Economic Times

Honouring previously made offers priority; plan to hire 12,000 staff in FY25: Wipro

Wipro foresees an overall intake of 10,000-12,000 NGAs and, will hire in the areas of GenAI, cybersecurity and cloud, it said.

CNBC TV18

Wipro appoints Srikumar Rao as global head of engineering edge business line

Shares of Wipro Ltd ended at ₹538.20, down by ₹0.40, or 0.074% on the BSE.

The Economic Times

Wipro appoints Srikumar Rao as global head of engineering business line

Srikumar has been with Wipro for 26 years and will report to chief executive Srini Pallia in his new role. Before this, he was the chief operating officer (COO) of Wipro engineering edge (WEE) and global practice head of embedded systems.

Business Standard

Wipro appoints Srikumar Rao as global head of Engineering Edge biz line

Rao has been with Wipro for 26 years and has grown with the organisation, serving in various leadership roles. He was most recently the chief operating officer (COO) of Wipro Engineering Edge

Business Standard

Wipro appoints Srikumar Rao as Global Head of Engineering Edge Business Line

Srikumar has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and Global Practice Head of Embedded Systems.

CNBC TV18

Most bonus shares — These Nifty companies have issued free stock the most times; do you own any?

From Wipro to Reliance Industries, these Nifty 50 constituents have issued bonus shares the most number of times to their shareholders.

Business Standard

Wipro to resume campus hiring, aims for 22,000 freshers, excludes IITs/NITs

Wipro's recruitment efforts will focus on the lowest tier of its three-band hiring structure, with starting salaries of Rs 3.5 lakh per year for freshers from non-IIT and non-NIT engineering colleges

Mint

Wipro is returning to campuses. But there's a catch

Hiring is likely to happen only at the lowest tier of the company’s three-tiered hiring structure at starting salaries of ₹3.5 lakh per year, and that too from non-IIT and non-NIT engineering colleges