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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Trump’s policy shift has hit the IT major’s healthcare business hard. Investors would do well to understand how that is playing out for Wipro’s overall business.
These are tough times for India’s top IT services players. AI-led deflation, shrinking labour arbitrage, US visa curbs and geopolitical tensions in the Middle East—it seems these companies can’t catch a break. But Bengaluru-based Wipro, India’s fourth-largest IT firm, has an additional challenge to overcome: healthcare.
In the September quarter of the ongoing fiscal, Wipro’s healthcare business brought in $353 million, down from $378 million in the year-ago period. In most cases, a $25 million drop in a vertical that makes up 13.5% of revenue would be manageable. At Wipro, however, that small number was bigger than the company’s entire …
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
Uday Kotak says heirs are choosing to manage family money rather than run real businesses. This lament doesn’t stand scrutiny.
