Related topics: net profit

India's Wipro positive despite global uncertainty

Indian IT outsourcing giant Wipro on Monday projected a positive outlook for the industry, despite gathering clouds over the global economy, as it announced a rise in quarterly profits.

India's IT leader Wipro revamps leadership

Indian software major Wipro announced Friday a change in leadership to bolster its profit performance after releasing quarterly earnings that lagged its IT peers.

India software giant TCS profits up 30%

India's largest software exporter Tata Consultancy Services on Monday said profits rose nearly 30 percent in the third quarter, beating forecasts, as outsourcing orders strengthened.

India's Infosys profits up 14.1%, lag forecasts

Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.

US-based iGate in $1.2-bn Indian outsourcing deal

US-based iGate and a British private equity firm announced a 1.2-billion-dollar deal on Monday to buy one of India's oldest software firms in a major move into the outsourcing business.

India's Wipro says profit up 31 percent, outlook strong

India's third-biggest software exporter Wipro said Thursday quarterly net profit jumped a forecast-beating 31 percent and was upbeat about revenue prospects, citing better outsourcing demand.

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