India's Wipro posts 19 percent rise in profits
India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.
View ArticleIndia's Wipro says third-quarter profits up 21 percent
Indian software exporter Wipro Ltd said Wednesday its consolidated third quarter net profit beat forecasts to rise 21 percent, lending further evidence to the sector's strong recovery.
View ArticleGlobal IT spending to rise nearly 5 pct in 2010: Gartner
Spending on information technology worldwide will grow nearly five percent in 2010 as an upturn in the global economy prompts companies to spend more, a consultancy said Thursday.
View ArticleIndia's Wipro reports profit rise as IT sector hots up
India's third-biggest software company Wipro on Friday said fourth-quarter net profit rose more than a fifth as the firm bagged several large deals amid a broad uptick for the sector.
View ArticleIndia's Wipro says profit up 31 percent, outlook strong
India's third-biggest software exporter Wipro said Thursday quarterly net profit jumped a forecast-beating 31 percent and was upbeat about revenue prospects, citing better outsourcing demand.
View ArticleWipro posts 9.7 percent profit rise, below forecast
India's third-biggest software firm Wipro reported Friday a lower-than-forecast 9.7 percent rise in quarterly net profit, blaming a higher rupee and wage costs for the disappointing earnings.
View ArticleIndia's IT leader Wipro revamps leadership
Indian software major Wipro announced Friday a change in leadership to bolster its profit performance after releasing quarterly earnings that lagged its IT peers.
View ArticleIndia's Wipro points to weak revenue growth
Indian software giant Wipro on Wednesday forecast sluggish growth for the coming quarter in its flagship IT services division due to rising costs, as it showed slower-than-expected earnings data.
View ArticleIndia's Wipro profit edges up, shares dip on weak outlook
India's third-largest software firm Wipro posted a better-than-expected rise in first-quarter net profit on Wednesday but gave a muted revenue outlook due to global economic uncertainty.
View ArticleIndia's HCL profit soars, outlook upbeat
India's fourth-largest software firm HCL on Wednesday posted a leap of 52 percent in quarterly net profit, beating expectations and giving an upbeat outlook despite global economic uncertainty.
View ArticleMetro belatedly opens in India's IT hub Bangalore
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.
View ArticleIndia's Wipro positive despite global uncertainty
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.
View ArticleIndian 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.
View ArticleIndia's Wipro shares fall on share sale to fund charity
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.
View ArticleIndia'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.
View ArticleIndia 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.
View ArticleIndia'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.
View ArticleIndia software giant TCS warns of market weakness
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.
View ArticleIndia's Wipro Q1 net profit up 18%, sees weak outlook
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.
View ArticleIndian 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.
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