Wipro chairman Rishad Premji's compensation down 50% as profits fall

Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm’s profit. Photograph: PTI Photo......

'I don't want to think of challenges, but tasks before us'

'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven......

Weak guidance, muted sentiment to weigh on near term IT outlook

The two IT majors -- Infosys and TCS -- delivered disappointing results for the fourth quarter of the 2022-23 financial year (Q4FY23). Poor macro conditions and weak sentiment in the banking,......

'Once we make an offer to a person, we honour it'

'Even during the pandemic we did it.''We think it's our responsibility to make sure that we manage the uncertainty.' IMAGE: Rajesh Gopinathan, CEO and managing director, Tata Consultancy Services,......