Thomson Reuters | Friday July 24, 2015
Wipro Ltd, India's third biggest software services exporter, expects less volatile global oil prices to revive spending on IT outsourcing by its energy and utility clients.
Thomson Reuters | Wednesday July 8, 2015
The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.
Thomson Reuters | Thursday March 26, 2015
Wipro, India's third-largest IT services exporter, is setting up a "commando force" unit next month that will target clients seeking to speed up automation and do more business online, an executive told Reuters.
Thomson Reuters | Friday February 20, 2015
Companies from Tata Consultancy Services Ltd to Wipro Ltd are all joining Infosys Ltd in investing in new, high-end technology, industry watchers say. Earlier this week Infosys bought US automation specialist Panaya Inc for $200 million.
Monday January 26, 2015
Wipro Ltd has won a multi-year strategic infrastructure management contract from Allied Irish Banks Plc (AIB).
Sunday January 11, 2015
Third quarter earnings from blue-chips like Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL) and Wipro and key macro-economic data - IIP and inflation - would dictate the trend on the bourses in the week starting January 12, say analysts.
Wednesday October 22, 2014
Wipro Ltd, India's third-biggest software services firm, narrowly missed market expectations with an 8 per cent rise in second quarter profit, but said it saw a rosier end to the year as more confident US clients increase spending.
Friday August 29, 2014
The Competition Commission of India (CCI) has approved medical equipment firm Wipro GE Healthcare's proposed deal to acquire GE group's bio-technology and life sciences-related assets.
Monday August 4, 2014
Infosys shares rose 3.72 per cent, marking their biggest single-day gain since June 11. Wipro Ltd gained 2.4 per cent, Tech Mahindra Ltd added 1.9 per cent and HCL Technologies Ltd ended 2.6 per cent higher.
Friday July 11, 2014
The BSE Sensex fell 1.4 per cent on Friday and posted its biggest weekly loss since December 2011 as blue chips such as Reliance Industries were hit by a range of factors including profit-taking and disappointment over the budget's lack of specifics.
Wednesday June 25, 2014
The Competition Commission has rejected allegations that Wipro GE Healthcare had abused its dominant market position with respect to sale and repair of medical equipment.
Tuesday June 17, 2014
Investors took profits in some heavyweights including Housing Development Finance Corp and Mahindra and Mahindra Ltd. HDFC was down 1.58 per cent while Mahindra and Mahindra Ltd fell 1.06 per cent.
Tuesday June 10, 2014
In software stocks, Tech Mahindra gained 2.1 per cent while Wipro rose 1.6 per cent.
Thursday May 29, 2014
Foreign investors sold Indian shares worth Rs 287 crore on Wednesday, as per provisional exchange data, extending their selling streak to a third consecutive day, marking a cumulative sales of Rs 534 crore in that period.
Wednesday April 23, 2014
Analysts expect gains to be limited in the near-term as companies post their financial results and India continues its five-week-long election process.
Sunday April 13, 2014
Fourth quarter earnings from blue-chips such as Infosys, Tata Consultancy Services (TCS), Wipro, Reliance Industries Ltd (RIL) and inflation data for March will dictate the trend on the bourses in a holiday- shortened week ahead, according to experts.
Sunday March 16, 2014
Dragged down by IT majors Tata Consultancy Services (TCS) and Infosys, the combined market valuation of top four Sensex companies declined by Rs 41,564 crore last week.
Wednesday January 29, 2014
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 labour for which it is known.
Thursday January 16, 2014
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
Sunday January 12, 2014
Third quarter earnings from blue-chips such as Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL), Wipro, and inflation data for the month of December will dictate the near-term trend on the bourses, according to experts.
Tuesday December 31, 2013
The BSE Sensex edged higher on Tuesday, sending the index to an 8.9 per cent annual gain and a record high this year, as foreign investor flows offset widespread concerns about a domestic economy suffering from low growth but high inflation.
Monday December 2, 2013
Wipro Ltd, India's No. 3 IT services provider, has agreed to purchase US-based mortgage services provider Opus Capital Markets Consultants LLC for $75 million to boost its offerings for financial services clients.
Thursday November 14, 2013
Close on the heels of releasing its second edition of Hurun India Rich List, China-based magazine Hurun Report launched the inaugural Hurun India Philanthropy List 2013, with IT tycoon Azim Hashim Premji, the chairman of Wipro Ltd, emerging as the most generous Indian with a donation of Rs 8,000 crore in the past year.
Wednesday October 23, 2013
The BSE Sensex fell on Wednesday, on profit-taking after rising to its highest since November 2010 earlier in the week.