Wipro profits up 18 pct on strong demand
Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.
Business
Jan 18, 2013
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News tagged with outsourcer
India's Infosys denies reports of 5,000 job cuts (Update)
Indian software outsourcing giant Infosys said Friday it was weeding out under-performing staff and would be asking some to leave, but denied a media report saying 5,000 workers were to be sacked.
Business
Jan 4, 2013
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Nasscom: India's IT industry to grow 11% in fiscal year
Sales by India's flagship outsourcing industry are likely to grow by 11 percent this fiscal year to at least $75 billion in the face of a challenging business environment, an industry lobby group said Monday.
Business
Nov 12, 2012
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Wipro profit up better than expected 24 percent
Wipro reported September quarter profit of 16.1 billion rupees ($300.6 million) Friday, an increase of 24 percent in rupee terms, as customers in Europe turned to outsourcing to cut costs and growth begins to return to the ...
Business
Nov 2, 2012
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Wipro hives off non-IT businesses, stock gains
(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.
Business
Nov 1, 2012
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Indian outsourcer HCL reports 67% jump in quarterly profit
India's fourth-biggest outsourcing company, HCL Technologies, reported on Wednesday a 67 percent jump in quarterly net profit from a year earlier as client orders surged.
Business
Jul 25, 2012
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India's TCS profits rise 38%, rival Infosys disappoints
India's biggest outsourcing firm, TCS, on Thursday posted a 38 percent rise in quarterly profit, beating analysts' estimates, while earnings of rival Infosys disappointed investors.
Business
Jul 12, 2012
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Fujitsu develops new solution for smooth datacenter migration to IPv6 networks
Fujitsu today announced that it has developed the SA46T/SA46T-AS Datacenter Solutions, a technology enabling datacenters to migrate smoothly from IPv4 to IPv6. This technology is based on SA46T, which makes it possible to ...
Hardware
Jun 12, 2012
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Bangladesh Internet down after submarine cable cut
Millions of Bangladeshis have been unable to use the Internet or suffered slow connections after a submarine cable was cut off the coast of Singapore, an official said Thursday.
Telecom
Jun 7, 2012
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India's Wipro Q4 profit up 7.7% but forecast muted
India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.
Business
Apr 25, 2012
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