US remains key market: Wipro
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Stock tips and picks: Wipro, Crompton Greaves, Tata Motors
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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.
5 reasons why the Wipro stock fell over 10%
Monday April 22, 2013
Shares in IT services company Wipro fell as much as 11.25 per cent today after the company announced weaker-than-expected guidance for the first quarter of the financial year 2013-14 on Friday. The stock closed at 339.35, down 7.95 per cent, on the...
Wipro Technologies slumps after projecting weak forecast
Reuters | Monday April 22, 2013
Shares in Wipro, fell as much as 11.25 percent after it gave weaker-than-expected quarterly sales forecast.
Wipro's Q1 guidance wipes off Rs 7,712 crore from market cap
Monday April 22, 2013
Wipro, whose customers include Citigroup and Apple, 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.
5 reasons why Wipro stock may continue to underperform
Monday April 22, 2013
Shares in IT services company Wipro fell as much as 11.25 per cent today after the company announced flat sequential growth for the fourth quarter ended March 31, 2013, and weaker-than-expected guidance for the first quarter of the financial year 201...
Sensex flat in choppy trade; tech stocks, Reliance Industries fall
Wednesday April 17, 2013
The markets stayed in the green in flat to choppy trade, while tech shares fell tracking the rupee's appreciation and on worries that a proposed US Senate immigration bill may lead to outsourcing firms paying higher fees and wages to H-1B visa worker...
Wipro promoters to sell shares through offer for sale route
Monday April 15, 2013
India's third biggest IT services firm Wipro today said its promoters will soon sell shares in the company through the offer for sale (OFS) route.
Infosys Q4: 10 reasons why shares fell 22%
Saturday April 13, 2013
Infosys shares plunged as much as 22 per cent on Friday after India's second biggest IT outsourcer reported fourth quarter earnings and sales outlook for fiscal 2013-14. The sharp selloff in Infosys shares sent the 30-share BSE Sensex down by over 30...
TCS shares gain on French company acquisition
Tuesday April 9, 2013
Bucking the overall weak trend, shares of IT major Tata Consultancy Services today settled with over one per cent gain, after the company said it will acquire France-based enterprise solutions provider Alti SA for 75 million Euro (about Rs 533 crore)...
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...
IndusInd Bank debuts on Nifty; stock soars 3 per cent
Monday April 1, 2013
IndusInd Bank debuted on the stock market barometer index Nifty on Monday, amid strong buying interest among investors that pushed its share price higher by about 3 per cent in an otherwise lacklustre market.
Sensex, Nifty hold on to gains; Tata Motors up 2%, L&T falls
Tuesday March 26, 2013
The stock markets held on to their gains in choppy to lackluster trade marked by the absence of any obvious cue ahead of a trading holiday on Wednesday and the F&O expiry scheduled for Thursday.
India's richest not too keen to share
Wednesday March 20, 2013
India now has 55 dollar billionaires, the fifth-biggest number in the world, according to a Forbes ranking this month. But like other emerging economies such as China, Indias charitable giving still lags markedly behind that in the West where the tra...
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.