Wipro Reports Weak Outlook Amid IT Hiring Shift; Private Equity Sees Fewer, Larger Deals in 2025

Wipro's shares fell sharply following mixed Q3 results and a weak Q4 outlook, reflecting challenges like fewer working days and delayed deal ramp-ups. Meanwhile, India's top IT firms are cautiously returning to net hiring in 2025, focusing on niche skills amid AI-driven operational changes. Separately, India's private equity market saw a 21% decline in deal volumes in 2025 but a 14% rise in deal value, indicating a shift toward fewer, larger investments and more disciplined capital deployment.