Q1 guidance in line with historical weakness: Wipro
Apr 19, 2013
Wipro Technologies wins award for Inclusion and Diversity
Apr 11, 2013
Prefer Tech Mahindra, Wipro: IDFC Securities
Mar 12, 2013
Positive on IT sector: Angel Broking
Mar 6, 2013
Cognizant CEO gets pay package of over $10 million
Monday May 13, 2013
Offshore-centric IT services major Cognizant has paid its India-origin CEO Francisco D'Souza a pay package of $10.61 million in cash, stocks and other benefits.
Wipro gets Sebi nod to meet public holding rules by share transfer
Thursday May 9, 2013
Wipro Ltd, India's third-largest software services provider, said on Thursday that the Securities and Exchange Board of India (Sebi) has approved its proposal to meet minimum public shareholding rules through a transfer of shares by its founder group...
Cognizant shares surge 6% as Q2 sales seen above estimates
Thursday May 9, 2013
Cognizant Technology Solutions forecast current-quarter revenue above market expectations after an 18 per cent rise in the first quarter, helped by strong demand from Europe.
Wipro picks up $30 million stake in Opera Solutions LLC
Indo-Asian News Service | Wednesday May 8, 2013
Wipro invested $30 million (Rs.162 crore) for a strategic equity stake in Opera Solutions LLC.
IT stocks turn choppy after Canada suspends Accelerated Visa Program
Tuesday May 7, 2013
IT stocks were choppy on Tuesday despite gains in broader markets. The BSE IT index, which comprises 12 tech stocks, including frontliners such as Tata Consultancy Services and Infosys, traded 0.1 per cent higher as compared to over 0.6 per cent gain...
Companies to seek extension of June deadline, easing norms from Sebi
Sunday May 5, 2013
With less than two months left for lowering their promoter holding to 75 per cent, many private sector companies are planning to petition Sebi to relax the norms -- either by way of a deadline extension or relaxation in the compliance procedures.
Sensex gains close to 200 points as HUL offer fires up FMCG stocks
Tuesday April 30, 2013
The Sensex and Nifty soared on Tuesday on positive global cues after the S&P 500 jumped to an all-time high overnight.
Sensex holds above 19,000 as auto, IT stocks gain
Monday April 29, 2013
Avinnash Gorakssakar from Miintdirect.com, said the markets will stay volatile with the Nifty likely to trade in a small range and see levels of 5,850. The rupee will also be in focus, he added.
The Week Ahead: Sell in May and go away
Sanjeev Bhasin | Sunday April 28, 2013
The main gainer of the weakness in gold and oil would definitely be the government, as by default, the current account deficit gets reduced. However, with politics again raising its ugly head, governance and policy paralysis could again grip the ruli...
Sensex, Nifty end at six-week highs, Jet Airways up 10%
Thursday April 25, 2013
A sudden spurt of buying in the last 30 minutes of trade sent the markets to a six-week high. The 30-share BSE index ended at 19,397.67, up 218 points, or 1.1 per cent, a level last seen on March 15. The 50-share NSE Nifty gained 79.4 points to close...
Infosys' missed guidance frustrates market
Thursday April 25, 2013
For years, Infosys was an industry bellwether for not just giving revenue and earnings guidance but usually exceeding it, making it an outlier in a country where very few companies offer guidance and corporate transparency is often lacking.
Sensex gains over 100 points on positive global cues, airline stocks rally
Thursday April 25, 2013
Market analyst Saumil Trivedi said, "If the Nifty holds above 5,800, it can surprise many on the upside. The immediate resistance for the Nifty is 5,950. The last five to six days data for the Nifty indicate a further upmove."
Sensex, Nifty recoup losses to end higher, tech stocks gain
Tuesday April 23, 2013
It was a good day for tech stocks which have witnessed huge selloffs on muted or weak guidance or disappointing results. Wipro, which fell more than 11 per cent yesterday, traded in the green all day to close at Rs 341, up 0.49 per cent. Infosys gain...
Why India's IT industry is worried over US' draft immigration policy
Tuesday April 23, 2013
Under the proposed legislation, the official quota of "H-1B" visas would increase by 69 per cent. However, the proposed overhaul has raised concerns in the Indian IT services sector as well as the government on certain clauses it deems as "discrimina...
US Senator accuses Infosys, Wipro, TCS of abusing H-1B visas
Wednesday April 24, 2013
Brad Smith, general counsel and executive vice president, legal and corporate affairs, Microsoft, too supported the Senator on the issue.
