Shankar Lakhotia wins Stock Mkt Hero contest
Dec 23, 2011
Wipro to buy Yardley personal care biz for Rs 214 cr
Nov 5, 2009
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.
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.
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.
Wipro outlook points to uneven recovery for IT outsourcers
Friday April 19, 2013
"If Wipro had been able to make a recovery, then it would have told you that there is a rising demand tide that is lifting most of the boats," said Kuldeep Koul, an analyst at ICICI Securities in Mumbai.
Wipro forecasts weaker-than-expected Q1 revenue
Friday April 19, 2013
The IT firm projected first-quarter revenue for its IT services business to be in a range of $1.58 billion to $1.61 billion, a decline of 0.6 per cent to a rise of 1.6 per cent over the previous quarter.
Nifty at one-month high, Sensex ends above 19,000
Thursday April 18, 2013
The markets surged over 1.5 per cent in the second half of the trading session, with the Sensex ending the week above 19,000 levels and the Nifty closing at a one-month high, after encouraging trade data for March stoked rate cut hopes. The stock mar...
Sensex drops for second week; Infosys slumps most in a decade
Friday April 12, 2013
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.
HCL Tech may beat Jan-March forecast: StarMine
Wednesday April 10, 2013
StarMine's SmartEstimates shows HCL Tech would report an earnings-per-share (EPS) of Rs 13.34 for the quarter compared with mean consensus estimates of Rs 12.48. SmartEstimates measures the forecasts of only top-ranked analysts.
Sensex at lowest closing level since Sept 13, 2012
Tuesday April 9, 2013
The BSE Sensex extended losses for a fifth session on Tuesday with blue-chips such as Infosys continuing to reel on concerns that foreign investors are paring their holdings ahead of what are expected to be lacklustre earnings reports this month.
Wipro falls 12% on demerger of IT business
Tuesday April 9, 2013
Wipro shares fell as much as 11 per cent in early trade on Tuesday on account of the demerger of non-IT business into a separate company called Wipro Enterprises. Wipro, India's third largest IT outsourcer had announced the demerger in November, 2012...
Wipro, Siemens to exit Nifty from Monday
Sunday March 31, 2013
IT major Wipro and diversified group Siemens will exit the National Stock Exchange's benchmark index Nifty from tomorrow.
Karnataka High Court approves Wipro's demerger plan
Thursday March 21, 2013
IT major Wipro today said the Karnataka High Court has approved its demerger scheme through which the firm plans to hive off non-IT business.
Wipro's promoter entity sells shares worth Rs 3,269 crore
Friday March 15, 2013
A promoter entity of Wipro Ltd today offloaded over seven crore shares of the IT company to two other promoters in transactions worth Rs 3269.57 crore.
Sensex bounces as Budget losses seen overdone
Friday March 1, 2013
The Sensex rose on Friday, bouncing from three-month lows as Budget day losses were seen as overdone, led by gains in blue chips such as HDFC Ltd after the finance ministry clarified it would not question the validity of tax residency certificates (T...
