Indian IT giants have struggled to keep pace with start-ups and now find themselves seeking more flexible structures.» Read More
BENGALURU, April 21- Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot. Rishad Premji, eldest son and a Harvard Business School graduate, was already Wipro's chief strategy officer.
MUMBAI, March 25- India's third-largest IT services exporter Wipro is setting up a "commando force" unit next month that will target clients seeking to speed up automation and do more business online, an executive told Reuters. "We believe there is a lot of opportunity and a lot of money that our clients can save and that we can make," Kohli, the former head of Wipro's...
Feb 4- IT services provider Cognizant Technology Solutions Corp's fourth-quarter revenue rose a higher-than-expected 16.4 percent, helped by increased spending by healthcare and financial services customers in North America. Cognizant's Indian rivals, Tata Consultancy Services and Wipro Ltd have also forecast accelerating growth this year as...
Computing giant Hewlett-Packard is close to breaking itself into two companies, following a months-long process during which it explored the sale of several business units, Re/code reports.
Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
Ahead of quarterly earnings, Rumit Dugar, Analyst, IT, Telecom & Media, Religare Capital Markets, says wage hikes and currency appreciation may hurt Wipro's results.
Sparked a revolution in business-process services for Western multinationals and showed Indian IT companies could compete with the best in the world.
We got an earnings report from IBM, and the picture they paint isn't pretty. The technology bellwether had a rough quarter.
TK Kurien, CEO of Wipro, says the company has been "over-reliant" on developed markets, but has seen opportunities in the emerging markets.
Suresh Senapaty, CFO of Wipro, says the group had a "very good quarter" as it added new customers but highlights it needs to accelerate its client hunting to catch up with competitors.
Ankur Rudra, Vice-President of Ambit Capital tells CNBC's Cash Flow that Wipro's rally is short-lived and advises investors to short the stock.
Chinese manufacturing activity this month is expected to be on the radar for Asian markets this week, alongside the latest Japanese inflation numbers.
Stocks have had a run of bad days as investors worry about the effects of Fed tapering, which could start as soon as September. But some experts say the markets have it all wrong.
This earnings season IT outsourcing firms have posted surprisingly upbeat earnings, a sign tech spending by U.S. corporations is slowly coming back, said analysts.
Vish Iyer, President of TCS Asia Pacific says the company is looking to expand footprint in China and is keeping an eye out for acquisitions that boost growth.
Nitin Padmanabhan, Analyst, IT & Telecom, India at Espirito Santo Securities tells us how to play Wipro and Tech Mahindra, as well as the Indian tech market
Suresh Senapaty, CFO of Wipro, discusses earnings and expectations and says the company will continue to grow as it has a lot of head space and its penetration is still fairly low at the moment.
India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the entry-level computer coders they normally hire.
Suresh Senapty, executive director at Wipro, tells CNBC why the company's lower than expected growth is down to political risk in the US and India rather than reduced demand for their products.
India's No.3 software services provider Wipro posted an 18 percent gain in quarterly profit, joining bigger rivals Tata Consultancy Services and Infosys in reporting better-than-expected earnings.