India's Wipro quarterly profits, revenue outlook up

Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.

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.

Nokia in map deal with Oracle

(AP)—Nokia says it will make its maps and location services available to customers of Oracle Corp. with a built-in link created by the U.S software maker.

India's TCS records 3.6% decline in quarterly profits

India's biggest IT sourcing firm Tata Consultancy Services (TCS) on Thursday reported a 3.6 percent fall in quarterly earnings due to falling demand for its banking and financial services.

Intuit sells financial services unit for $1.03B

Intuit is selling a division that provides software to financial institutions in a deal worth about $1.03 billion as it focuses on products for consumers and small businesses.

ISPs need to do more to tackle major cyber-attack

Warnings about the impending cyber-attack have gone unheeded and more must be done to tackle the threat of an infection, according to the Institution of Engineering and Technology (IET).

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