Wipro, LTIMindtree Stocks Crash Amid IT Slump
Wipro and LTIMindtree shares lose 90% and 25% of CEO-era gains in two sessions. AI automation and weak demand hit India's IT sector hard.
Wipro and LTIMindtree shares lose 90% and 25% of CEO-era gains in two sessions. AI automation and weak demand hit India's IT sector hard.
Wipro shares fell sharply after weak quarterly results, while Reliance Industries and ICICI Bank also declined, pulling the Nifty50 index down 0.5% on Monday.
Indian stock markets faced pressure on January 19 with Nifty down 0.40%. Trump's tariff proposals and weak performances from Reliance, ICICI Bank impacted sentiment.
An IT union files complaint with Labour Ministry against Wipro for delaying onboarding of 250 freshers. Company revises hiring target downward in Q3 earnings.
Wipro shares fell 7% after Q3 results showed weak deal wins and margin concerns. Revenue growth met guidance but large deal delays and margin pressures cloud the outlook.
Wipro shares plummeted 10% to 248.75 rupees after the company projected weak Q4 revenue growth and reported disappointing deal bookings, marking its steepest fall since July 2024.
Wipro shares plunged 10% following disappointing Q3 results. Investors are now debating whether to buy, hold, or sell the stock as the IT giant faces challenges.
Indian IT majors TCS, Infosys, Wipro, and HCL Technologies have released Q3 FY26 results. Experts analyze which stock offers the best value for long-term investors.
Wipro reported December quarter revenue of $2.6 billion with sequential growth, while Tech Mahindra posted $1.6 billion. Both IT giants show cautious optimism for Q4 amid muted demand.
India's top five IT companies recorded only 17 net hires in the first nine months of FY2025-26, a sharp drop from 17,764 last year, as AI and automation reshape hiring models.
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, with revenue at Rs 22,205 crore. The IT giant faces market headwinds and a slowdown in key sectors.
Wipro and Tech Mahindra posted stronger revenue growth and profitability than larger rivals TCS and Infosys during a challenging third quarter for India's IT sector.
Wipro has announced a 5.5% year-on-year increase in gross revenue for the third quarter of FY26, reflecting steady growth in its business operations amid market challenges.
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, reflecting ongoing market pressures and strategic adjustments in the IT sector.
Wipro reports a 7% decline in net profit to ₹3,119 crore for Q3 FY26. The IT giant's board approves an interim dividend of ₹6 per share for shareholders.
Over 30 companies, including Reliance Industries and Wipro, will announce their Q3 FY26 results today. Analysts watch for GST impact and global uncertainty effects on earnings.
FlexJobs 2025 analysis shows remote work remains dominant, with healthcare, aerospace, and banking leading flexible hiring trends for 2026. Discover top companies and industry shifts.
Colebrook Bosson Saunders introduces Lana, an adaptable laptop stand engineered for hybrid work. Discover its features, pricing, and availability in India. Upgrade your workspace today!
India's IT giants TCS and HCLTech kick off Q3 earnings on Jan 12. Analysts forecast modest 0.3-2.3% CC growth. Get the full schedule and brokerage insights here.
An Indian professional's viral Reddit post dismantles Narayana Murthy's call for a 72-hour work week, showing how a shorter, flexible schedule boosted productivity and well-being. Read the full story.
A Delhi marketing professional's LinkedIn post on work-from-home guilt, longer hours, and the pressure to 'be seen' has ignited a major online discussion. Read insights and solutions.
Corporate forensic teams uncover location spoofing by hybrid and gig workers using travel routers. Learn how companies detect fraud and the consequences employees face.
From Mumbai locals to Gurgaon offices, comfortable shoes are rewriting fashion rules. Discover why flats now dominate and what this shift means for Indian professionals in 2026. Read more.
HP unveils groundbreaking AI PCs and smart printers at CES 2026, aiming to transform productivity and hybrid work models. Discover the future of work tech now!
A new survey shows 88% of Baby Boomers feel valued by after-hours contact, but 79% of all employees fear repercussions for not responding. Explore India's 'always-on' work culture clash and the push for a Right to Disconnect.
India's top IT firms like TCS, Infosys, and Wipro are set for another quarter of weak growth due to sluggish US client spending and delayed deals. Read the full analysis of Q4 FY25 expectations.
TCS has paused final anniversary appraisals for staff not meeting work-from-office rules. The move impacts eligibility for performance bands and future cycles. Learn the details and policy implications.
A viral social media post reveals a Dutch company apologised to an employee for a 6 AM email, highlighting stark contrasts in global work-life balance expectations, especially between Europe and the US.
An Indian professional's first day at an Italian IT office, featuring no 'Sir' culture & flexible hours, sparks global envy. Her viral video has over 1.2 million views. Discover why this is a wake-up call for workplaces everywhere.
Wipro has updated its hybrid work policy, requiring employees to be in the office for 6 hours a day, three days a week. This follows similar moves by Infosys and TCS. Read the full details and industry implications here.