Wipro

  • Wipro's Q4 profit rises 28.8 pc to Rs 2,226.5 crore 17-04-2014 07:43 PM

    Bangalore: The country's third-largest software services firm Wipro on Thursday posted a 28.8 per cent increase in profit to Rs 2,226.5 crore in the quarter ended March 31 on the back of improving global economic sentiment and cost optimisation. The Bangalore-based firm had registered a profit of Rs 1,728.7 crore...
  • Sensex at fresh record high as RBI keeps rates unchanged 01-04-2014 09:26 AM

    Mumbai: Beginning the new fiscal year on a high note, the BSE benchmark Sensex on Tuesday rose by 60.17 points to all-time closing high of 22,446.44 in a volatile session after the RBI kept key policy rates unchanged. The 30-share index continued its record setting spree for the seventh session...
  • Top 10: The world's richest tech billionaires in 2014 04-03-2014 12:06 PM

    Microsoft co-founder Bill Gates has regained the title of the world's richest man in the Forbes magazine's annual billionaire list that includes 56 India-based billionaires. Apart from the richest people on the planet, the list also details the world's richest billionaires in the world of tech. Google's Larry Page has...
  • Veer: Visually impaired Ankit Jindal is the marketing manager at Wipro 17-02-2014 09:40 AM

    Bangalore: According to some estimates India has almost 70 million people living with some form of disability, but hardly 1 per cent of them are employed. Ankit Rajiv Jindal, marketing manager at Wipro in Bangalore, shrugs off his impairment as easily as he carries off his skills. Jindal can rattle...
  • Once the preserve of youth, Indian IT staffing enters middle age 29-01-2014 12:43 PM

    Mumbai: The executive suite is not the only place that is greying in India's 40-year-old information technology sector. As the $108-billion industry enters middle age and its growth slows, the three-million-strong workforce is also getting older, making it harder to extract some of the cost advantages of the young, cheap...
  • Sour start to 2014: Sensex plunges 30 points, logs first day-1 drop since 2006 01-01-2014 09:57 AM

    Mumbai: The benchmark Sensex gave up initial gains in a lacklustre session today following the absence of global triggers and ended with a 30-point loss, logging a drop on the opening trading day of the year for the first time since 2006. Most global stock markets, including those in Asia,...
  • Azim Premji tops India philanthropist list 13-11-2013 09:14 PM

    New Delhi: Wipro chief and IT tycoon Azim Premji tops the list of Indian philanthropists with donations amounting to Rs 8,000 crore in the past year, followed by HCL chairman Shiv Nadar, a report said. Premji, 68, who owns 57 per cent of Wipro, has donated 10 per cent stake...
  • Sensex falls 265 points as bulls pause for breather 05-11-2013 09:45 AM

    Mumbai: The Sensex and Nifty snapped a five-day winning streak Tuesday, even as an increasing number of players are turning positive on India. The Sensex shed 264.57 points or 1.25 percent to close at 20974.79, and the Nifty fell 64.20 points or 1.02 percent to end at 6253.15. While the...
  • Wipro falls nearly 6 per cent as revenue growth lags peers 23-10-2013 12:45 PM

    Shares of Wipro Ltd fell as much as 6.3 per cent after its July-September revenue in dollar terms grew 2.7 per cent sequentially, lagging other major IT services exporters, dealers said. HCL Technologies Ltd's dollar revenue grew 3.6 per cent in July-September from April-June, while it was 3.8 per cent...
  • Wipro to replace Reliance Infra in Nifty 28-08-2013 12:11 PM

    Indian software services exporter Wipro Ltd(WIPR.NS) will replace Reliance Infrastructure Ltd(RLIN.NS) in the National Stock Exchange's 50-stock Nifty effective September 27, the NSE said in a statement on Tuesday. Wipro had been excluded from the NSE index from April 1. "A corporate action like our demerger of a listed company...
  • Premji sees double-digit growth for Wipro in coming years 26-07-2013 12:18 AM

    Bangalore: Wipro is poised for double-digit growth in the coming years as the US market is recovering and consumer spending improving, Chairman Azim Premji said on today. Wipro can achieve growth levels in double-digits of at least 15 per cent in US dollar terms in the coming years as the...
  • Has the government acted too late on FDI? 16-07-2013 09:31 PM

    New Delhi: With stocks falling, rupee sliding, rising inflation and factory output at its lowest in 11 years, has the government acted too late to revive the Indian economy? Industry leaders feel it will take some time for these steps to bring about any positive change for the Indian economy....
  • US senator accuses TCS, Infosys, Wipro of abusing H-1B visas 23-04-2013 01:32 PM

    Washington: Amidst Congressional debate on the comprehensive immigration reform, a top US Senator has accused big Indian IT companies - TCS, Infosys and Wipro - of abusing the H-1B visa system. "There are some specific abuses of H-1B," Senator Richard Durbin, said during a Congressional hearing on immigration reform by...
  • Wipro slumps after projecting weak forecast 22-04-2013 09:58 AM

    Mumbai: Shares in Wipro Ltd, India's third-largest software services provider, fell as much as 8.8 per cent in opening trade after it gave weaker-than-expected quarterly sales forecast on Friday. Wipro joined No. 2 player Infosys Ltd in delivering tepid revenue outlook, citing a delay in the closure of deals. Wipro...
  • Wipro Q4 profit up 16.73 per cent at Rs 1,728.7 crore 19-04-2013 10:44 AM

    Mumbai: IT major Wipro Ltd on Friday reported 16.73 per cent increase in net profit to Rs 1,728.7 crore for the fourth quarter ended March 31, 2013. The country's third largest software services firm's net profit stood at Rs 1,480.9 crore in the year-ago period. The consolidated total income of...
  • Sensex hits seven-month closing low; Infosys slumps 12-04-2013 09:47 AM

    Mumbai: The BSE Sensex fell to its lowest close in seven months on Friday after Infosys' lower-than-expected revenue guidance raised concerns about the outlook for the software services exporting sector. The Sensex provisionally fell 1.7 per cent to its lowest close since September 13, 2012. The Nifty fell 1.2 per...
  • Wipro shares slump on first trading session after split 09-04-2013 10:00 AM

    Mumbai: Shares in Wipro Ltd, India's No.3 software services provider, fell as much as 11.3 per cent on Tuesday, which marked the first trading session as a standalone IT stock after splitting its other businesses into a separate unit. Wipro's split-off announced in November 2012 legally took effect on March...
  • Wipro results temper IT sector euphoria 19-01-2013 02:58 PM

    ...
  • Media, Kejriwal jump from issue to issue: Azim Premji 02-11-2012 05:35 PM

    Bangalore: IT czar Azim Premji on Friday had a dig at the media and India Against Corruption leader Arvind Kejriwal saying they "flip" from one issue to another without following through. "I think the media also, like Kejriwal, flips from topic to topic," the Wipro chairman told reporters here in...
  • Wipro Q2 net profit at Rs 1610 crore 02-11-2012 09:05 AM

    Bangalore: Wipro, the country's third largest software services exporter has come out with second quarter numbers. The company's Q2 consolidated net profits was at Rs 1610 crore. Its consolidated revenue was at Rs 10620 crore versus Rs 1,580 crore, QoQ. Its IT services revenue was at Rs 1541 crore versus...
  • Wipro backtracks on J&K UID deal 02-01-2012 07:49 AM

    Srinagar: The Unique Identification (UID) project in Jammu and Kashmir has entered a limbo after one of the vendors, Wipro, refused to carry out the project. CM Omar Abdullah meanwhile has pleaded ignorance of the issue. Wipro Technologies, apparently in a letter to the Omar Abdullah government, said that it...
  • 'India lacks product development for software' 20-12-2011 03:54 PM

    Kolkata: India has done a great job of developing the IT services business, but it has failed in world class product development for the software industry, says Sabeer Bhatia, the founder of Hotmail.com. "While India has done a great job of developing the services business, in reality we have completely...