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Wipro Ltd

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  • BANGALORE, July 24- Wipro Ltd, India's third-biggest software services exporter, forecast strong revenue growth on the back of higher outsourcing spending by overseas clients and said it was focussing on winning more deals in Europe.

  • BANGALORE/ MUMBAI, July 24- Wipro Ltd, India's third-biggest IT services exporter, posted a 29.6 percent rise in fiscal first-quarter profit and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.

  • MUMBAI, June 13- Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd will need to turn around a company that was once the poster child of India's $108 billion IT services industry.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, has for the first time picked an outsider as chief executive officer, as it seeks to boost sales of high-margin services like cloud computing and stem a staff exodus.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, named former SAP AG executive board member Vishal Sikka as Chief Executive Officer, the first time the company has not chosen one of its founders for the role. Infosys also said Executive Chairman N.R. Narayana Murthy and Executive Vice Chairman S. Gopalakrishnan would step down on June 14.

  • Leaving the dream: Infosys battles worker exodus Saturday, 10 May 2014 | 10:00 PM ET

    MUMBAI, May 11- Infosys Ltd, once a bellwether for India's $100 billion- plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore- based company struggles to regain ground lost to rivals.

  • *Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.

  • *Infosys Q4 net profit at 29.9 bln rupees vs 28.1 bln estimates. *Infosys sees FY15 revenue growing 7-9 pct.

  • IBM's road to transformation hits a rough patch Wednesday, 22 Jan 2014 | 9:50 AM ET
    IBM's Watson

    We got an earnings report from IBM, and the picture they paint isn't pretty. The technology bellwether had a rough quarter.

  • There are opportunities in the EMs: Wipro CEO     Wednesday, 22 Jan 2014 | 2:15 AM ET

    TK Kurien, CEO of Wipro, says the company has been "over-reliant" on developed markets, but has seen opportunities in the emerging markets.

  • Wipro working on client hunting: CFO     Wednesday, 23 Oct 2013 | 4:15 AM ET

    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.

  • Short Wipro, do it today: Ambit Capital     Tuesday, 22 Oct 2013 | 11:31 PM ET

    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.

  • Think you figured out the Fed? Spare us Wednesday, 7 Aug 2013 | 4:03 PM ET

    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.

  • Outsourcing is back—and that's good for business Wednesday, 7 Aug 2013 | 11:13 AM ET
    Gordon Coburn, president of Cognizant at the company's corporate headquarters in Teaneck, N.J.

    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.

  • TCS: Open to strategic acquisitions     Sunday, 28 Jul 2013 | 8:46 PM ET

    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.

  • India IT Stock Opportunities     Monday, 20 May 2013 | 11:40 PM ET

    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

  • Wipro Will Continue to Grow: CFO     Friday, 19 Apr 2013 | 4:15 AM ET

    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.

  • The End of Indian IT Staffing as We Know It Sunday, 24 Mar 2013 | 7:56 PM ET

    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.

  • Wipro: Uncertainty Cause of Stunted Growth     Friday, 18 Jan 2013 | 4:35 AM ET

    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.