{"id":897857,"date":"2025-01-21T07:49:36","date_gmt":"2025-01-21T02:19:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=897857"},"modified":"2025-01-21T07:54:35","modified_gmt":"2025-01-21T02:24:35","slug":"wipro-eyes-best-day-in-4-yrs-on-echoing-hopes-of-it-peers-demand-revival","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/21\/wipro-eyes-best-day-in-4-yrs-on-echoing-hopes-of-it-peers-demand-revival\/","title":{"rendered":"Wipro eyes best day in 4 yrs on echoing hopes of IT peers&#8217; demand revival"},"content":{"rendered":"<p>Wipro&#8217;s shares surged about 8 per cent on Monday, set for their best day in nearly four years, after India&#8217;s No 4 IT services company joined its peers in signaling a revival in demand. <\/p>\n<p>The company beat third-quarter profit estimates on Friday and forecast revenue in the current quarter could increase sequentially by up to 1 per cent, compared with no growth last quarter, with CEO Srinivas Pallia saying, &#8220;We see discretionary spending slowly coming back&#8221; after macroeconomic challenges in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wipro&#8217;s shares surged about 8 per cent on Monday, set for their best day in nearly four years, after India&#8217;s No 4 IT services company joined its peers in signaling a revival in demand. The company beat third-quarter profit estimates on Friday and forecast revenue in the current quarter could increase sequentially by up to 1 per cent, compared with no growth last quarter, with CEO Srinivas Pallia saying, &#8220;We see discretionary spending slowly coming back&#8221; after macroeconomic challenges in 2024.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-897857","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=897857"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897857\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=897857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=897857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=897857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}