News tagged with outsourcing services

India's Wipro shares dive after business split

Shares in India's third-biggest software firm Wipro tumbled more than 11 percent on Tuesday, its first day of trading as a standalone IT company since it hived off other businesses into a separate unit.

dateApr 09, 2013 in Business
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India tech tycoon donates $2.3 bn to charity

Indian software tycoon Azim Premji said Saturday he has given $2.3 billion to an education charity that he controls, reportedly the biggest charitable donation in the country's recent history.

dateFeb 23, 2013 in Business
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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.

dateJan 18, 2013 in Business
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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.

dateNov 01, 2012 in Business
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India's TCS shares surge on upbeat earnings

Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.

dateApr 24, 2012 in Business
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India's TCS quarterly profit leaps 23%

India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.

dateApr 23, 2012 in Business
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