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India's Wipro shares tumble as revenue lags

Shares in India's third largest IT outsourcer Wipro slumped more than eight percent on Wednesday, a day after it announced modest revenue growth that lagged rivals, analysts said.

Oct 23, 2013
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India's Wipro Q2 profit up 29%, beats forecasts

India's third-largest software firm Wipro on Tuesday reported quarterly net profit climbed 29 percent year-on-year, led by a jump in outsourcing orders as global business conditions improved.

Oct 22, 2013
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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.

Apr 09, 2013
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India IT exports picking up steam

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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India takes US visa fee hike to WTO

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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India's Wipro shares sale gets lukewarm response

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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Indian IT chief launches salvo at gov't: report

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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