Special bonus pool comes at a time when the Bengaluru-headquartered IT company said it was looking to return upto Rs 13,000 crores to shareholders in FY19.
Genpact CEO NV ‘Tiger’ Tyagarajan earned a 10% increase in total compensation in 2017, taking the total amount he received to $3.15 million.
Without naming the client, Wipro said it had signed a multi-year outsourcing services agreement with a telecom services provider.
The company said it would work with L&T Group firm LTI, previously known as L&T Infotech, on the project. The company did not specify the duration of the contract.
While some of the mid-cap IT firms have registered strong growth in the past couple of quarters, analysts have said they would continue to see higher revenue growth fuelled by digital deals.
Investors will also look at uptick in digital spending and allocation of budgets to projects. Saluja added that he expects companies to start off “on a conservative note for FY19 revenue growth guidance”.
US retailers Sears Holdings separately announced that its customer data might have been affected in the hack.
If users want to opt out, they can go to the Truecaller website and edit, delete their information without downloading app.
Cognizant, TCS and Infosys have all said demand from banking and financial services (BFSI) customers has slowed, hampering overall growth.
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