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INSANE: 3 | Rare Historical Photos

‘Thrown on the road’: Terminated Infosys employees describe forced resignations

In a shocking and controversial move, multinational tech giant Infosys laid off an estimated 400 trainee employees from their Mysuru training facility on Friday, February 7. It is said that more terminations are imminent. While the company claims that employees ‘voluntarily’ signed their release agreements, those affected tell a different…

Newslaundry

Wipro Ltd. (WIT) vs. Cognizant Technology (CTSH): Which IT Services Giant Offers Better Growth Prospects?

As businesses race to adopt cutting-edge technology, IT service providers like Cognizant Technology Solutions Corp. (CTSH) and Wipro Ltd. (WIT) are in high demand. With cloud computing, AI, and cybersecurity fueling industry growth, which of these tech giants holds the potential for long-term growth? Read on to find out….

StockNews.com

The AI revolution is here but it's still 'pretty nascent' and 'a little clumsy', private equity firm managing partner says

“When we have job applicants sending us a writing sample, we can tell pretty quickly when it’s AI,” Isabelle Freidheim, founder of Athena Capital, said.

Fortune

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Industry leaders say companies are adopting AI, but cost and reliability remain key challenges

Leaders from Adobe, Wayfair, Wipro, Freshworks and Medtronic, who gathered at Fortune‘s Brainstorm Tech conference, shared first-hand experience and insights on where it makes sense to implement GenAI within the organization and where it doesn't.

Fortune

After Wipro, more companies show interest in purchasing zero-bacterial water

BWSSB supplies zero bacterial treated water to Wipro and other IT parks in Bengaluru using advanced technology.

The Hindu

TCS introduces 60% work from office attendance policy for variable pay allocation; Here's how it works

Tata Consultancy Services (TCS) has introduced a revised variable pay policy that integrates employees' office attendance as a key factor. The policy, effective post the company's quarterly results, establishes four attendance slabs dictating the variable pay for employees. Employees working from the office for less than 60% of the time…

The Economic Times

GM, Magna, And Wipro Collaborate On Automotive Software Marketplace

GM, Magna, and Wipro collaborate to establish an automotive software marketplace driving innovation in vehicle technology.

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3 Cutting-Edge Tech Stocks to Own

Amid increasing digitization initiatives and the widespread adoption of cutting-edge technologies, the tech industry looks well-positioned for robust growth. Therefore, one can consider buying fundamentally strong tech stocks: International Business Machines (IBM), NetApp (NTAP), and Logitech International (LOGI). Keep reading.

StockNews.com

Wipro awards schools for best practices in sustainability

Wipro Earthian Awards recognize schools and colleges for sustainability practices, fostering integrated education for sustainable action.

The Hindu

IT hub wears deserted look, public transport hard to come by, gig workers’ earnings hit

Tech companies in Hyderabad declared Thursday a holiday to facilitate voting; TCS, Wipro, new age firms cited govt. order; HYSEA encouraged employees to vote; IT employees had work-from-home option; Gig workers lost day's earnings

The Hindu

Betting big on Bengaluru

My introduction to Bengaluru (then Bangalore) happened in 1983. I joined Wipro fresh from business school and stayed at the Gautam Hotel. It was ₹70 for a double room. We’d hang out at the Coffee House, The Only Place, The Rice Bowl, and a Chinese rooftop restaurant at Ashoka –…

The Hindu

How companies can strengthen their workforces in an uncertain labor market

While tech layoffs make splashy headlines, other industries like health care, financial services, and education are eager to scoop up tech workers.

Fortune

Wipro cuts salary offers to freshers awaiting onboarding; IT union NITES slams move as 'unfair'

NEW DELHI: Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES, which demanded that the IT company should reconsider its decision.

The Times of India

Bosses ‘contact staff on Instagram as Gen Z employees don’t check emails’

Some company bosses say they have turned to social media as way of contacting staff

Evening Standard

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The Times of India

Sensex, Nifty decline as metal, financials shares retreat amid FII outflows

MUMBAI: Benchmark equity indices sensex and Nifty gave up early gains to close lower on Monday due to selling in metal, oil and gas and financial stocks as FII outflows dampened the investor sentiment.

The Times of India

Wipro Q3 results: Net profit rises 2.8% to Rs 3,053 crore; revenue up 14%

NEW DELHI: IT major Wipro on Friday posted 2.8% jump in its consolidated net profit for the third quarter ended December 2022.

The Times of India

Sensex jumps nearly 850 points; Nifty settles at 18,101: Top reasons for market rally

NEW DELHI: Equity indices jumped on Monday after declining for previous 3 sessions with the benchmark BSE sensex gaining nearly 850 points amid positive trends in global markets.

The Times of India

Sensex, Nifty scale fresh lifetime highs as Reliance, Wipro advance

MUMBAI: Benchmark sensex and Nifty advanced further to settle at record highs for the second day in a row on Friday, helped by intense buying in index majors Reliance Industries, Wipro and Maruti.

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Bangkok Post

A bigger role for the disabled

Ten years ago, the Asia-Pacific region came together and designed the world's first set of disability-specific development goals: the Incheon Strategy to "Make the Right Real" for Persons with Disabilities.

The Times of India

'Moonlighting is 'cheating', cannot be encouraged: Karnataka IT Minister Ashwath Narayan

NEW DELHI: Throwing weight behind IT heavyweights such as Infosys and Wipro who are opposing the concept of moonlighting, C N Ashwath Narayan – Karnataka’s minister for IT, Electronics Skills Development -- has said that paid freelancing beyond office work hours is "literally cheating” and professionals wanting to do that…

The Times of India

Infosys does not support dual employment; have fired violators in last 12 months: Salil Parekh

NEW DELHI: India's second largest IT services company Infosys on Thursday made it clear that the company does not support moonlighting and said it has fired employees who were into dual employment over the last 12 months.

The Times of India

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

The Times of India

Wipro Q2 net drops 9.6% to Rs 2,649.1 crore

BENGALURU: Wipro Ltd on Wednesday reported a weaker-than-expected second quarter profit hit by higher employee-related expenses.

The Times of India

TCS says moonlighting 'ethical issue'; no action taken against any staff

MUMBAI: The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff.

The Times of India

Wipro faces discrimination case in US court

BENGALURU: Five former employees of Wipro had taken the company to a US court in 2020, alleging that it engaged in an intentional pattern and practice of employment discrimination against individuals who are not South Asian or of Indian national origin, including hiring, promotion, evaluation, and termination decisions.

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