Indiaโs role key in shaping AI rules as itโs a producer market: Wipro's Ivana Bartoletti
In the wake of concerns over misinformation and deep fakes, Ivana Bartoletti, global chief privacy officer, Wipro believes that collaboration between businesses and government will be required on how to govern, regulate and where the investments go in technologies.
The Economic Times
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โข Ivana Bartoletti, global chief privacy officer at Wipro, believes that collaboration between businesses and government will be required to govern and regulate AI and where investments go in technology.
โข India, as the largest country in the world, will p......read more
Wipro sets ups new IT infrastructure for Stockholm Exergi AB
Stockholm Exergi plays a key role in providing dependable heating, electricity, cooling, and waste management services in the expanding Stockholm region.
Moneycontrol
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โข Wipro Limited has aided Stockholm Exergi AB in establishing a new IT infrastructure, representing a substantial stride towards attaining the climate transformation goals of both the company and the city of Stockholm.
โข Wipro actively partnered with Stock......read more
Sensex drops 48 points weighed down by IT stocks; Nifty below 19,800
From the Sensex pack, TCS, HCL Tech, and Wipro were the top laggards, falling 1-1.5%. Tata Motors, Tech Mahindra, Nestle, and Infosys also ended in the red. On the flip side, Axis Bank, ICICI Bank, HDFC Bank, JSW Steel, M&M, and Kotak Bank closed in the green.
The Economic Times
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โข Indian equity indices closed marginally lower in a volatile market on Friday, weighed down by a drop in IT stocks after a recent rally.
โข The Sensex declined 48 points, while the Nifty dropped 7 points.
โข TCS, HCL Tech, and Wipro were the top laggards, w......read more
Stock market holiday: BSE, NSE to remain shut on Monday on account of Gurunanak Jayanti
In the entire calendar year, the market has 15 annual holidays in 2023, two more than last year. This year four market holidays fell on Saturdays and Sundays which are non-trading days in a week. Mahashivratri, Id-Ul-Fitr (Ramzan Id) and Muharram were observed on Saturdays and Diwali on Sunday
The Economic Times
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โข Indian stock markets NSE and BSE will be closed for trading on Monday, November 27 on account of Gurunanak Jayanti.
โข The market has 15 annual holidays in 2023, two more than last year, with four falling on weekends.
โข The Nifty is expected to end the we......read more
Rao was the companys chief human resources officer before he took up the chief delivery officer role in October 2022. Ramachandran Sundararajan had succeeded him as chief HR officer at the time.
The Economic Times
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โข HCLTech's chief delivery officer for nearshore & new vistas locations, Appa Rao VV, has resigned.
โข India's top IT services companies are facing a steep churn in senior leadership, with many top-level exits and CEO appointments.
Bank, auto stocks drive Sensex 100 points higher; Nifty near 19,850
From Sensex stocks, Asian Paints, Nestle, Power Grid, JSW Steel, and Wipro opened with gains, while HUL, UltraTech Cement, Bharti Airtel, and TCS opened with cuts.
The Economic Times
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โข The Sensex and Nifty opened higher for the third consecutive day, led by gains in banking, auto, and IT stocks.
โข From Sensex stocks, Asian Paints, Nestle, Power Grid, JSW Steel, and Wipro opened with gains, while HUL, UltraTech Cement, Bharti Airtel, an......read more
OpenAI spat highlights perils of leaning on a single GenAI tool
The dependence on OpenAI explains why founders hugely invested in businesses dependent on OpenAIs tech were extremely concerned.
The Economic Times
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โข OpenAI's recent turmoil has sparked concerns among founders and executives about the risks of relying on a single Generative Artificial Intelligence (GenAI) tool.
โข MapmyIndia CEO Rohan Verma suggests that companies should have multiple options for LLMs,......read more
Wipro gains on strategic partnership with NVIDIA for AI in healthcare
The Wipro stock has given a return of 3.02 percent over the last one year. The benchmark Nifty50 index has given a return of 8.44 percent over the same duration.
Moneycontrol
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โข Wipro is collaborating with NVIDIA to accelerate the adoption of generative artificial intelligence in healthcare.
โข Brokerage firms have lowered their target prices for the Wipro stock due to its muted Q2 performance and disappointing Q3 guidance.
After LLTS, Wipro ties up with Nvidia to power generative AI to healthcare firms
Through an AI Center of Excellence with Nvidia, Wipro engineers will receive large-scale ongoing training on Nvidias application frameworks in areas like generative AI, the metaverse, conversational AI, and data analytics to accelerate the development of custom solutions.
The Economic Times
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โข Wipro is collaborating with Nvidia to develop AI-enabled, software-defined architectures for medical devices, with a focus on endoscopy.
โข Wipro will leverage Nvidia AI Enterprise software for its healthcare solutions, leading to increased productivity a......read more
Wipro to sell office assets in Hyderabad, Bengaluru
The country's fourth-largest IT firm recently implemented a compulsory hybrid work policy requiring employees to report to work from the office at least three days a week.
The Economic Times
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โข Wipro is selling two office assets in Bengaluru and Hyderabad to streamline operations and consolidate its presence in these cities.
โข The company has recently implemented a compulsory hybrid work policy requiring employees to report to the office at lea......read more
Gender pay gap widens as women go up the tech ladder
Aons latest estimates shared exclusively with ET showed that the unadjusted gender pay gap in the technology sector in 2023 is in the range of 28-30%, while for junior management, it is 8-10%.
The Economic Times
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โข Aon estimates that the unadjusted gender pay gap in the technology sector in 2023 is in the range of 28-30%, while for junior management, it is 8-10%.
โข Efforts are being made by companies like Mphasis, Wipro, Capgemini, and Hexaware Technologies to crea......read more
#Wipro ready for breakout. Wait for the confirmation if the high is broken and held than a positive cycle is started. The nasdaq looks positive so beating on that the stock will see upside. Long consolidation.
Campus placements take a hit as IT majors cut back, posing challenges for engineering graduates
Tech majors, once hiring mainstays at engineering campuses, are skipping the exercise this year. ET finds out what this means for the scores of engineers graduating from Indian colleges this year.
The Economic Times
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โข Tech majors are skipping campus placements this year, leading to a quieter placement season and fewer job opportunities for engineering graduates.
โข The top four IT majors have shed their headcount by 37,299 over the past two quarters, leading to a 40% d......read more