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Buybacks vs business: Wipro's Rs.15,000 cr payout leaves investors cold as revenue declines for third straight year

New Delhi, April 17 -- Wipro Ltd's share repurchase worth Rs.15,000 crore - its largest - failed to cheer investors a day after its announcement as underlying weakness in its business clouded optimism... Read More


Wipro announces Rs.15,000 crore buyback amid revenue decline, weak outlook

Bengaluru, April 16 -- Wipro Ltd on Thursday announced its largest-ever share buyback of Rs.15,000 crore, even as India's fourth-largest information technology (IT) services company capped a third str... Read More


Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services

New Delhi, April 15 -- Wipro Ltd will acquire certain contracts from an IT company in California for $71 million, bringing its total acquisition spending in the first month of the fiscal year to almos... Read More


TCS logs first annual revenue decline since listing despite Q4 recovery

Bengaluru, April 9 -- Tata Consultancy Services (TCS) closed FY26 with a modest recovery in quarterly growth, but not enough to offset a broader slowdown that pushed it into its first full-year revenu... Read More


AI roles surge across India's top IT firms as automation reshapes growth

Bengaluru, April 8 -- As artificial intelligence (AI) reshapes global tech spending, India's IT services majors are responding with a leadership reset. New chief AI roles, dedicated business units, an... Read More


Wipro gets $1 bn contract from Singapore's Olam Group

Bengaluru, April 7 -- Wipro Ltd has bagged a $1 billion, eight-year contract from Singapore-based food processing major Olam Group, marking its first mega deal in nearly six years. As part of a broade... Read More


Wipro gets $1 bn contract from Olam Group

Bengaluru, April 7 -- Wipro Ltd has bagged a $1 billion, eight-year contract from Singapore-based food processing major Olam Group, marking its first mega deal in nearly six years. As part of a broade... Read More


Wipro bags $1 billion contract from Singapore's Olam Group, to acquire arm Mindsprint

Bengaluru, April 6 -- Wipro Ltd has bagged a contract worth $1 billion over eight years from Singapore-based food processing company Olam Group, ending a nearly six-year drought of mega deals for the ... Read More


Exodus, revenue strain cloud Birlasoft CEO's Angan Guha's turnaround plan

New Delhi, April 3 -- Half a dozen senior-level exits and the possibility of a second straight full-year revenue decline have put the spotlight on the efficacy of a turnaround at Birlasoft Ltd under i... Read More


Oracle's massive layoff signals AI-led threat for software firms; 12-15,000 lose jobs in India

India, April 2 -- American technology major Oracle Corporation's decision to part ways with 30,000 employees globally-almost 19% of its total workforce-has sent shockwaves through the organization. It... Read More