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Tag: Wipro

Wipro Appoints Satwalekar to its Board for Five Yrs

(Bengaluru) Wipro Appoints Satwalekar to its Board for Five Yrs
IT service major Wipro Limited on Friday announced the appointment of financial services professional Deepak M Satwalekar to its Board of Directors for five years effective July 1, subject to the approval of the shareholders.
Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd.
He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT)
Rishad Premji, Chairman, Wipro Limited said: With his deep repository of knowledge spanning across the financial services sector, sharp business acumen, understanding of technology and as a strong votary of the highest standards of corporate governance, his invaluable experience will immensely benefit Wipro.
Satwalekar is a recipient of the Distinguished Alumnus Award from the Indian Institute of Technology (IIT), Bombay and currently the Chairman, Board of Governors of the Indian Institute of Management, Indore

Trump’s HI -B Visa Overhauling Tumbles IT Stock

[New Delhi]Trump’s HI -B Visa Overhauling Tumbles IT Stock
Shares of IT companies plunged as much as 9 per cent today amid concerns that the new bill in the US that aims to rework the H1-B visa programme will adversely impact the hiring plans of Indian technology firms.
Shares of
TCS plunged by 5.46 per cent to touch an intra-day low of Rs 2,206.55 on BSE.
Infosys lost 4.57 per cent to Rs 905 and
Wipro went down by 4.11 per cent to Rs 445.55.
Tech Mahindra tumbled as much as 9.68 per cent to Rs 426 and
HCL Technologies declined by 6.25 per cent to Rs 787.20.
The BSE IT index fell by 4.83 per cent to touch an intra-day low of 9401.85.
It is currently trading at 9547.53.
According to market experts, US President Donald J Trump plans to overhaul work-visa programmes that dampened investors’ sentiment.
Trump is set to sign a new executive order aimed at overhauling work visa programmes like the H-1B and L1, a move that will adversely hit the lifeline of Indian tech firms and professionals in the US.
A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H-1B visa holders to USD 130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.
The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. The technology companies depend on it to hire tens of thousands of employees each year

विप्रो ने बी सी ऐ के १७ छात्रों को केम्पस प्लेसमेंट के लिए चुना

विप्रो ने बी सी ऐ के १७ छात्रों को केम्पस प्लेसमेंट के लिए चुना

विप्रो ने बी सी ऐ के १७ छात्रों को केम्पस प्लेसमेंट के लिए चुना

विप्रो ने आई आई एम् टी से बी सी ऐ के १७ छात्रों का केम्पस प्लेसमेंट के लिए चयन किया | ज़ी डी+आन लाइन टेस्ट+पर्सनल इंटरव्यू के चरण पार करते हुए मेरठ के सात और मुज्जफरनगर के तीन कालेजों के ३०० छात्रों में से १७ छात्रों को सलेक्ट किया गया|
समीक्षा गुप्ता+प्रशंसा +चाहत+कनिका+श्रुति+प्रियंका+शिवानी+गिन्नी आदि भाग्यशाली रहे|ग्रुप के चेयरमैन [रोटेरियन] योगेश मोहन गुप्ता ने सबको बधाई दी|ओवेश+हितेश और डा. राजू त्यागी ने सहयोग दिया|