TCS, Wipro gain; Infosys falls on profit booking
IT stocks ended on a mixed note in an overall sluggish market Tuesday, a day after the US-based Cognizant reported better-than-expected quarterly results as well as upped its revenue guidance for the year.
May 05, 2015, 19:28 PM ISTIT stocks gain as Cognizant ups revenue guidance
Led by TCS, IT stocks were in demand Tuesday, a day after Cognizant reported a 9.7 percent growth in net profit for the March quarter and also upped its revenue guidance for the year.
May 05, 2015, 13:10 PM ISTAutomation can reduce headcount by 47,000: Wipro
India's third-largest IT services firm Wipro expects its headcount to come down by about 47,000 in the next three years as it stresses on automation, artificial intelligence and digital services.
Apr 29, 2015, 00:03 AM ISTWipro staff to get shares worth over Rs 1 crore
IT major Wipro on Wednesday announced allotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees.
Apr 22, 2015, 11:59 AM ISTRishad premji's appointment represents shareholder interest: Wipro
Rishad for long has been talked about as the natural choice for taking over the company's operations and the move will bring him closer to the top spot at the country's third largest IT services firm.
Apr 21, 2015, 20:45 PM ISTAzim Premji's son Rishad Premji joins Wipro Board
Rishad has for long been speculated to be a natural choice for taking over the company's operations.
Apr 21, 2015, 18:36 PM ISTWipro Q4 net profit up 2.1% to Rs 2,286.5 crore
“We see strong growth in health care, manufacturing and RCTG verticals,” said Azim Premji, Wipro Chairman.
Apr 21, 2015, 17:13 PM ISTWipro expands core strategy think tank
IT services major Wipro on Friday said it has inducted four new members in its Group Executive Council, a forum of top leaders in the firm that strategises the company's long-term goals.
Apr 03, 2015, 19:09 PM ISTWipro Chief Business Officer Satishchandra Doreswamy quits
Satishchandra Doreswamy, the Chief Business Operations Officer at Wipro, has resigned.
Apr 01, 2015, 17:10 PM ISTWipro ready to grab bigger share of $8 trn IT spend: Senapaty
As he retired from India's third largest IT services firm today, Wipro CFO Suresh Senapaty said the company is ready to grab a larger share of USD 8 trillion global IT spending that will rise further.
Mar 31, 2015, 22:52 PM ISTWipro, HCL in race for Sebi's fraud detection system upgrade
As markets watchdog Sebi plans a capacity augmentation of its fraud detection system, IT majors, including Wipro, HCL, Tech Mahindra and L&T Infotech, have evinced interest in bagging the contract.
Mar 19, 2015, 13:13 PM ISTWipro invests $5 million in cloud solutions firm
IT bellwether Wipro has invested $5 million (Rs.31 crore) to pick a minority stake in Drivestream Inc., a US-based leading Oracle cloud applications systems integrator, with development centre in Chennai.
Mar 18, 2015, 14:21 PM ISTWipro picks up stake in cloud app systems company
IT services major Wipro on Tuesday said it has acquired a minority stake in cloud applications systems integrator Drivestream for USD 5 million.
Mar 17, 2015, 20:52 PM ISTWipro hires former TCS veteran Neemuchwala as Group Prez & COO
In his role, Neemuchwala will head the service lines of global infrastructure services, business application services, business process services, and advanced technology solutions.
Mar 16, 2015, 11:02 AM ISTWipro partners WEF for quantifying cyber risk
Country's third largest software services firm Wipro has partnered with the World Economic Forum (WEF) to develop a cyber value-at-risk (VAR) framework that will allow organisations to assess threat landscape, the nature of assets needed protection and quality of defenses.
Mar 02, 2015, 14:19 PM ISTIndian IT firms eye robotics, driverless cars for next round of growth
After decades of low-margin work like server maintenance, India`s information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients` needs.
Feb 20, 2015, 14:23 PM ISTWipro bullish on business from US, domestic markets
Talking about the clients' budgets, he said the trends in the budget, so far, has been mixed. "Some clients' budgets are good, some flattish and some not so good," Senapaty said.
Feb 10, 2015, 19:21 PM ISTSensex up 140 points on fund inflows; wipro, bank stocks gain
The NSE Nifty index rose 36.90 points, or 0.43 percent, to end at 8,550.70 after moving between 8,570.95 and 8,531.50.
Jan 19, 2015, 17:24 PM ISTWipro Q3 Net up 8% at Rs 2,192.8 crore; CFO Senapaty to retire
IT services major Wipro Friday reported a 8 percent growth in its consolidated net profit at Rs 2,192.8 crore for the quarter ended December 31, 2014 led by growth in healthcare and infrastructure services.
Jan 16, 2015, 21:17 PM ISTWipro's profit rises 9% to Rs 2,192 crore in Q3
The company's revenue is up 7 percent at Rs 12,085 crore for the same quarter.
Jan 16, 2015, 17:33 PM IST