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IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
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Wipro To Sell Hosted Data Centre Services Business For $405 Million
Wipro said it will make a strategic investment of $55 million in Ensono's combined entity.
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Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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Wipro Posts Surprise Fall In Q3 Profit On Higher Costs
Bengaluru-headquartered Wipro said it expected revenue from the IT services business to be in the range of $2.03 billion - $2.07 billion in the quarter ending March 31.
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
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Trading Calls: Buy Aban Offshore, Capital First, NIIT Tech, Wipro, Say Experts
The stock markets are likely to start Thursday's session on a weak note.
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Sensex, Nifty Hit Record Highs; RIL, Wipro Extend Gains
Among Nifty stocks, Yes Bank was the top gainer, up 2.2 per cent, followed by Bank of Baroda, Wipro, Reliance Industries and Hero MotoCorp.
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Wipro Beats Estimates In June Quarter, Makes Rs 11,000-Crore Buyback Announcement
Morgan Stanley had estimated Wipro's net profit at Rs 1,992 crore on revenues of Rs 13,459 crore for the June quarter.
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Wipro Reports 2 Percent Jump in Q3 Profit
Wipro said it hopes for a better fourth quarter results after failing to meet its revenue target from the IT services business in the Q3.
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Wipro Posts Jump in Q2 Profit, Says Furloughs Will Impact Q3
Net sales of the country's third largest software services firm rose by 6.3 percent to Rs. 12,566.8 crores.
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Wipro Posts 4 Percent Jump in Q1 Net Profit; Adds New Clients
"On the Run side, deals are getting increasingly competitive and we are focused on increasing the levels of automation," Wipro CEO T K Kurien said.
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Wipro Posts 2.1 Percent Jump in Q4 Profit, Appoints Rishad Premji to Board
For the year ended March 31, 2015, Wipro's net profit increased 11.03 percent to Rs. 8,705.9 crores.
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Wipro Posts Better-Than-Expected Quarterly Net Profit
There were widespread expectations that Wipro would post weak earnings after rival TCS' December-quarter revenue saw a drop.
-
Wipro Posts 8 Percent Rise in Quarterly Profit
Consolidated net profit for the quarter ended September 30 came in at Rs. 2,085 crores ($340.4 million), up from the Rs. 1,932 crores it made last year.
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Wipro reports 29 percent jump in Q4 net profit on increased IT spending
Wipro said it earned Rs. 2,227 crores in Q4, compared with Rs. 1,729 crores from the same period the previous fiscal.
-
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
Wipro To Sell Hosted Data Centre Services Business For $405 Million
Wipro said it will make a strategic investment of $55 million in Ensono's combined entity.
-
Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
-
Wipro Posts Surprise Fall In Q3 Profit On Higher Costs
Bengaluru-headquartered Wipro said it expected revenue from the IT services business to be in the range of $2.03 billion - $2.07 billion in the quarter ending March 31.
-
TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
-
Trading Calls: Buy Aban Offshore, Capital First, NIIT Tech, Wipro, Say Experts
The stock markets are likely to start Thursday's session on a weak note.
-
Sensex, Nifty Hit Record Highs; RIL, Wipro Extend Gains
Among Nifty stocks, Yes Bank was the top gainer, up 2.2 per cent, followed by Bank of Baroda, Wipro, Reliance Industries and Hero MotoCorp.
-
Wipro Beats Estimates In June Quarter, Makes Rs 11,000-Crore Buyback Announcement
Morgan Stanley had estimated Wipro's net profit at Rs 1,992 crore on revenues of Rs 13,459 crore for the June quarter.
-
Wipro Reports 2 Percent Jump in Q3 Profit
Wipro said it hopes for a better fourth quarter results after failing to meet its revenue target from the IT services business in the Q3.
-
Wipro Posts Jump in Q2 Profit, Says Furloughs Will Impact Q3
Net sales of the country's third largest software services firm rose by 6.3 percent to Rs. 12,566.8 crores.
-
Wipro Posts 4 Percent Jump in Q1 Net Profit; Adds New Clients
"On the Run side, deals are getting increasingly competitive and we are focused on increasing the levels of automation," Wipro CEO T K Kurien said.
-
Wipro Posts 2.1 Percent Jump in Q4 Profit, Appoints Rishad Premji to Board
For the year ended March 31, 2015, Wipro's net profit increased 11.03 percent to Rs. 8,705.9 crores.
-
Wipro Posts Better-Than-Expected Quarterly Net Profit
There were widespread expectations that Wipro would post weak earnings after rival TCS' December-quarter revenue saw a drop.
-
Wipro Posts 8 Percent Rise in Quarterly Profit
Consolidated net profit for the quarter ended September 30 came in at Rs. 2,085 crores ($340.4 million), up from the Rs. 1,932 crores it made last year.
-
Wipro reports 29 percent jump in Q4 net profit on increased IT spending
Wipro said it earned Rs. 2,227 crores in Q4, compared with Rs. 1,729 crores from the same period the previous fiscal.
