Wipro ADR drops 3% on NYSE after IT major forecasts weak Q1 revenue amid global uncertainty on Trump tariffs

Wipro on Wednesday forecast a sequential decline in first-quarter revenue, joining bigger rival TCS in flagging demand uncertainties across India’s $283 billion IT sector as shifting tariffs upend global industries and client decision-making. Wipro ADR last dropped 3.19 per cent to $2.73 on the American stock exchange U.S.-listed shares of India’s fourth-largest IT services firm…

Read More
Enable Notifications OK No thanks