Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The deal pipeline remains robust, focusing on cost optimization and transformation investments. Attrition levels have marginally increased, but a positive outlook for AI, data, and cloud services sustains demand.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at