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Wipro's Rs 11,000 cr share buyback to begin from Nov 29
Mon, Nov 20, 2017
The company has announced to buyback over 34.37 crore fully paid-up equity shares of face value Rs 2 each of the firm, representing up to 7.06 per cent of the total paid-up equity share capital, from all the fully paid-up equity shareholders/ beneficial owners of the shares as on the record date of September 15, 2017, on a proportionate basis, it said in a regulatory filing.
Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18
Fri, Nov 03, 2017
This is the first time it has fallen to record low employment levels since the IT industry had put India on the global map for software services.
Wipro's Q2 net profit rises 6%
Tue, Oct 17, 2017
Wipro posted consolidated net profit of Rs 2,191.8 crore in Q2, rising by 5.86% compared to Rs 2,070.4 crore in the corresponding period of the previous year.
Share Buybacks: Everything you need to know as an investor
Tue, Aug 29, 2017
Two IT firms namely Infosys and Wipro will soon hit the buyback market with spending totaling up to Rs 24,000 crore. In last fiscal year, this market has reached to an 18-year high.
Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap
Fri, Aug 18, 2017
Friday turned out be a dramatic day for Infosys Vishal Sikka resigned from his post of MD and CEO with immediate effect. This was not taken well by investors. Share price of Infosys touched a four-year low of Rs 884.40 per piece – a level which was last seen on August 21, 2014.
No change in share buyback plan after Sikka's resignation, Infosys says
Fri, Aug 18, 2017
On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its meeting to be held on August 19, 2017.
10 Indian CEOs who took home salaries up to Rs 60 crore in FY17
Mon, Jul 24, 2017
Zeebiz collates and lists salaries of CEO's in India after a report revealed that higher management earned up to 1200 times more than other employees.
Wipro has invested heavily in data: CEO Neemuchwala
Sun, Jul 23, 2017
Data is going to be the currency of the future and the company has invested heavily in it, Wipro CEO Abidali Neemuchwala has said.
Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates
Fri, Jul 21, 2017
According to analysts, Tata Consultancy, Wipro and Infosys were expected to report muted financial performance for the April- June quarter, with margins coming under pressure on account of rupee appreciation and wage revision.
Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints
Fri, Jul 21, 2017
Wipro Ltd, India`s third-largest software services exporter, announced an up to 110 billion rupee ($1.71 billion) share buyback on Thursday, overshadowing a tepid revenue forecast that fell short of market expectations.
Wipro reports muted Q1FY18, sees revenue at $2 billion in Q2FY18
Thu, Jul 20, 2017
On consolidated basis, Wipro reported a net profit of Rs 2082.6 crore as against Rs 2059 crore in Q1FY17.
What will Wipro's Q1FY18 be like? Analysts ponder
Wed, Jul 19, 2017
Wipro's peers TCS and Infosys Q1FY18 performance was hampered by strong rupee and wage hike. It would be interesting to see how Wipro performs this Q1.
Expect Q1 performance of IT cos to be muted, say experts
Sun, Jul 09, 2017
Indian tech majors will announce their financial results this week, starting with Tata Consultancy Services on July 13.
Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns
Mon, Jun 26, 2017
The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.
H1-B Visa: Can PM Modi change President Trump's mind?
Sat, Jun 24, 2017
Indian IT not H-1B dependent, says Infosys CEO
Thu, Jun 22, 2017
Sikka also believes that the Indian IT companies need to grab the opportunities provided by new technologies like artificial intelligence in a big way to retain its global leadership edge in this fast changing infotech environment.
Infosys appoints Inderpreet Sawhney from Wipro as group general counsel
Fri, Jun 16, 2017
Infosys has announced key appointments on Friday. It has appointed former Wipro executive Inderpreet Sawhney as its group general counse. Besides, the company has appointed Karmesh Vaswani as the global head for retail, CPG and logistics (RCL) while Nitesh Banga as head for manufacturing.
Wipro stock falls over 1% in early trade after co says date for ADR bonus issue not decided
Tue, Jun 13, 2017
The stock of Wipro was trading low at 1.15% to Rs 258.80 in the early morning trade on Tuesday a day after it said that it was yet determine the payable date and ex-dividend date for its ADR bonus issue.
US Prez Donald Trump's administration, regulations may have adverse impact on its growth, says Wipro
Fri, Jun 09, 2017
India's homegrown IT major Wipro in its filing to the US Securities and Exchange Commission said the US president Donald Trump's administration and regulations could be a potential threat to its growth.
Wipro calls Trump policies' dangerous in its annual filing; IDRA rejects merger of HDFC, Max Life
Fri, Jun 09, 2017
This segment of Share Bazaar brings to you the updates about Wipro calling Donald Trump and his policies dangerous, selling of promoters' stakes in Infosys and rejection of merger of HDFC Life and Max Life by IRDA Watch video to get complete information.