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Wipro

Wipro Bonus Issue: IT major's board recommend issuance of 1:1 bonus share - Check Details

Wipro Bonus Issue: IT major's board recommend issuance of 1:1 bonus share - Check Details

Thu, Oct 17, 2024

Meanwhile, the company has reported a 21 per cent rise in the net profit for Q2FY25. Net profit of the company increased from Rs 2646 crore to Rs 3209 crore for the September quarter (YoY).

Wipro to mull bonus share issuance after 5 years; stock gains 3%

Wipro to mull bonus share issuance after 5 years; stock gains 3%

Mon, Oct 14, 2024

Wipro shares gained substantially as the company announced that it may mull bonus share issuance in its upcoming board meet.

Wipro to consider issuing bonus shares ahead of Q2 earnings

Wipro to consider issuing bonus shares ahead of Q2 earnings

Mon, Oct 14, 2024

IT firm Wipro on Sunday said its board of directors will consider the issue of bonus shares at a meeting scheduled to be held on October 16-17, 2024. Wipro is set to announce its Q2 FY25 results on October 17, 2024.

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Wipro bags 12-year contract from NHS Scotland; to build next-generation Enterprise Master Patient Index solution in partnership with NextGate

Wipro bags 12-year contract from NHS Scotland; to build next-generation Enterprise Master Patient Index solution in partnership with NextGate

Tue, Mar 14, 2017

Wipro will leverage NextGate's MatchMetrix platform to enable the eMPI solution in Scotland to link and manage data from patients, partner institutions and third party organisations.

Can Tech Mahindra solve its H1-B visa issue with HCI Group buy?

Can Tech Mahindra solve its H1-B visa issue with HCI Group buy?

Tue, Mar 07, 2017

Tech Mahindra on Tuesday said that the company has acquired US-based healthcare services provider CJS Solutions Group LLC of HCI Group.

H1-B visa delay to affect Indian IT firms: Nasscom

H1-B visa delay to affect Indian IT firms: Nasscom

Mon, Mar 06, 2017

The US market contributes about 60% of the export revenue for the Indian software sector, led by TCS, Infosys, Wipro, HCL and others.

IIM Calcutta 2017 batch registers 100% placement in 3 days; Finance sector leads the offers made at 29%

IIM Calcutta 2017 batch registers 100% placement in 3 days; Finance sector leads the offers made at 29%

Fri, Mar 03, 2017

IIM Calcutta's Post Graduate Diploma in Management program students of 2017 batch have registered 100% placement within three days with the highest international package amounting to 90,000 euros (Rs 63 lakh) per annum.

India steps up lobbying efforts against curbs on H-1B visas

India steps up lobbying efforts against curbs on H-1B visas

Fri, Feb 24, 2017

India's trade minister Nirmala Sitharaman said New Delhi had reached out to the administration of President Donald Trump to stress the importance of India`s $150-billion IT services industry to US citizens.

TCS share buyback will not affect rating: S&P

TCS share buyback will not affect rating: S&P

Wed, Feb 22, 2017

Abhishek Dangra and Ashutosh Sharma, analysts at S&P said, "TCS' operations continue to perform in line with our expectations and support the rating. We believe TCS will maintain its net cash positive financial position, even if its offer for share repurchase were to be fully subscribed."

Implementation of smart city project not smart: Premji

Implementation of smart city project not smart: Premji

Sun, Feb 05, 2017

"It is unfortunate that the smart city project got lot of attention from Prime Minister Narendra Modi but its implementation has been shallow," said Premji at a function to celebrate the company`s 2016 earthian programme awards here.

Can Tech Mahindra overcome its Q2 decline this Q3?

Can Tech Mahindra overcome its Q2 decline this Q3?

Mon, Jan 30, 2017

Analysts at Kotak Institutional Equities said, “We expect cross currency (c/c) revenue growth of 3.8% and cross currency headwind of 120 basis points. Acquisitions (Target Group) will contribute incremental $6 million for the quarter; organic revenue growth stands at 3.2% in c/c.”

Wipro's vice chairman T K Kurien to head Premji Invest

Wipro's vice chairman T K Kurien to head Premji Invest

Thu, Jan 26, 2017

Wipro's vice chairman T K Kurien will join the private equity firm Premji Invest on February 1.

Wipro buying Brazilian IT firm InfoServer for $8.7 million

Wipro buying Brazilian IT firm InfoServer for $8.7 million

Wed, Jan 25, 2017

Wipro is planning to buy Brazilian IT services provider InfoServer for $8.7 million.

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wed, Jan 25, 2017

Giving the guidance the company said that they expect revenues from our IT Services business to be in the range of $ 1,922 million to $ 1,941 million.

Will Wipro follow rivals' path in beating Q3 estimates?

Will Wipro follow rivals' path in beating Q3 estimates?

Wed, Jan 25, 2017

Wipro rivals, Infosys and Tata Consultancy Services has already announced its financial result in the beginning of earning season.

T K Kurien, Wipro's executive vice chairman to retire on Jan 31

T K Kurien, Wipro's executive vice chairman to retire on Jan 31

Tue, Jan 24, 2017

IT major Wipro Limited today announced that T K Kurien, Executive Vice Chairman and Member of the Board will retire on January 31, 2017.

Tata Consultancy Services to announce third quarter results today; here's what to expect

Tata Consultancy Services to announce third quarter results today; here's what to expect

Thu, Jan 12, 2017

Sandip Agarwal and Pranav Kshatriya analysts of Edelweiss Financial Services said, “TCS’ execution capability, client relationships and leadership are impeccable. We believe, few niggling issues like LATAM, Diligenta and Japan, which have taken a toll on the company’s overall growth rate in past few quarters, are probably in the last leg and be largely over by FY18."

US H1-B Bill, if passed, will erode margins of Indian IT companies

US H1-B Bill, if passed, will erode margins of Indian IT companies

Tue, Jan 10, 2017

The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

Wipro to pay $5 million to US SEC to settle 6-yr-old case

Wipro to pay $5 million to US SEC to settle 6-yr-old case

Sat, Dec 24, 2016

Country's third largest software services firm Wipro on Friday said it has reached an agreement with US Securities and Exchange Commission (SEC) to formally resolve a six-year old investigation and will pay $5 million (nearly Rs 33.3 crore) in civil money penalty.

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Mon, Nov 28, 2016

Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.

Wipro likely to disappoint again in coming quarters, analysts says

Wipro likely to disappoint again in coming quarters, analysts says

Wed, Oct 26, 2016

On Friday, the company had announced a decline of nearly 8% in its consolidated net profit for Q2FY17.

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Mon, Oct 24, 2016

Till last week, these companies contributed nearly Rs 18,191.29 crore market value on BSE.

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