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Union Budget 2018
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Wipro, Tata Steel among 135 most ethical companies
Tue, Feb 13, 2018
The 135 companies dedicated to "defining and advancing the standards of ethical business practices" were selected from 23 countries across 57 industries, Ethisphere said in a statement late on Monday.
Wipro's Q3FY18 consolidated net profit down 8% yoy; misses estimates
Fri, Jan 19, 2018
A Bloomberg poll of experts predicted Wipro's revenue and net profit during Q3FY18 to come in at Rs 13,686 crore and Rs 2,146 crore respectively.
Sensex up 100 points, Nifty above 10,700; Infosys top gainer
Wed, Jan 17, 2018
Among individual stocks, Infosys, Axis Bank and Adani Ports were the leading gainers on the BSE, while Wipro, Tata Motors and Hero MotoCorp shed the most
Sensex zooms 195 points on strong global cues
Mon, Dec 11, 2017
Benchmark BSE Sensex advanced by 195 points in early session today on continuous buying by domestic institutional investors amid strong global leads. The NSE Nifty also went past the 10,300-mark.
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.