India's third-largest software firm Wipro on Friday said net profit in January-March rose nearly 17 percent, beating forecasts, but projected weak revenue growth due to global uncertainty.
Apr 19, 2013
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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.
Apr 09, 2013
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Exports by India's flagship IT outsourcing industry are set to grow by 12 to 14 percent in the next financial year, an industry group said on Tuesday, suggesting signs of recovery.
Feb 12, 2013
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Indian IT outsourcer Infosys on Friday reported a stronger-than-expected quarterly profit and gave an improved outlook for annual revenues, sending its shares soaring.
Jan 11, 2013
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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.
Jan 04, 2013
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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.
Jul 25, 2012
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India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.
Jul 24, 2012
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India's biggest outsourcer Tata Consultancy Services warned Friday of "weakness" in global markets, marking the latest downbeat comment to emerge from the country's flagship software industry.
Jun 29, 2012
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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.
Apr 25, 2012
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India is challenging the United States at the World Trade Organisation over increased visa fees for skilled workers that have hit the country's flagship outsourcing firms, an official said Tuesday.
Apr 10, 2012
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An auction of India's Wipro shares by a trust controlled by its founder and chairman Azim Premji received bids for just under two-thirds of its offer size, stock exchange data showed late Wednesday.
Mar 14, 2012
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Shares in India's leading IT outsourcer Wipro fell 2.2 percent at one point Tuesday after its chairman, Azim Premji, said he will sell a 1.4 percent stake in the firm to fund charitable causes.
Mar 13, 2012
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One of India's most respected businessmen slammed the government in remarks printed Tuesday, saying officials have failed to provide leadership as confidence in the country's economy wavers.
Nov 01, 2011
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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.
Oct 31, 2011
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The first metro in India's IT hub of Bangalore rolls into service Thursday, a long-delayed and over-budget project to help the city's army of commuting software engineers and call centre staff.
Oct 20, 2011
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