services business

Wipro battles to grow in volatile market (Lead)


July 24th, 2012 - 2:01 pm ICT by IANS
Bangalore, July 24 (IANS) As India's third largest IT bellwether, Wipro Ltd. too is battling to grow in a volatile currency market with uncertainty writ large due to global slowdown ... Read more...

Posted in Business |

Wipro projects flat IT growth in second quarter


July 24th, 2012 - 11:18 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd Tuesday projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth ... Read more...

Posted in Sci-Tech |

Reliance Mediaworks get Rs.605 crore private equity funding


July 18th, 2012 - 6:05 pm ICT by IANS
Mumbai, July 18 (IANS) Reliance MediaWorks Limited Wednesday announced the signing of a term sheet to get an investment of Rs.605 crore from an international private equity fund.In return, the ... Read more...

Posted in Entertainment |

Dell planning to slash more than $2 billion in costs


June 14th, 2012 - 6:34 pm ICT by Aishwarya Bhatt
Texas, June 14 (THAINDIAN NEWS) The company Dell Inc has announced its plans to cut more than $2 billion costs over the next three years, mainly from the supply chain and sales ... Read more...

Posted in Technology Industry News |

RIL finalising plans for pan-India BWA services


June 7th, 2012 - 9:14 pm ICT by IANS
Mumbai, June 7 (IANS) Reliance Industries Ltd (RIL) Thursday said it is finalising plans to roll out broadband services across the country in key domains like financial services, education ... Read more...

Posted in Business |

Wipro outlook cautious on flat growth (Lead)


April 25th, 2012 - 2:05 pm ICT by IANS
Bangalore, April 25 (IANS) India's third largest IT bellwether Wipro Ltd Wednesday hoped revenue from its flagship services business would improve in ensuing quarters despite uncertainty in the macro-environment that ... Read more...

Posted in Business |

BRIC revenues help push IBM profits


April 18th, 2012 - 12:43 pm ICT by IANS
Washington, April 18 (IANS) International Business Machines Corp's (IBM) profit jumped 7 percent to $3.1 billion in the first quarter earnings as the tech giant reported ten percent higher revenue ... Read more...

Posted in Business |

Wipro will hire 50 percent staff globally by 2015


January 20th, 2012 - 11:16 pm ICT by IANS
Bangalore, Jan 20 (IANS) Wipro would hire 50 percent of employees for its global IT services outside India by 2015 to leverage local talent and optimally utilise its delivery centres ... Read more...

Posted in Business |

India lacks product development for software: Sabeer Bhatia


December 20th, 2011 - 3:14 pm ICT by IANS
Kolkata, Dec 20 (IANS) India has done a great job of developing the IT services business, but it has failed in world class product development for the software industry, says ... Read more...

Posted in Sci-Tech |

Microsoft opens global delivery centre in Bangalore


December 8th, 2011 - 6:21 pm ICT by IANS
Bangalore, Dec 8 (IANS) Software major Microsoft Thursday opened a global delivery centre in this Indian tech hub for providing consulting and enterprise services to its clients worldwide.The Bangalore centre, ... Read more...

Posted in Business |

No impact of uncertainty on IT business: Premji (Lead)


July 20th, 2011 - 9:02 pm ICT by IANS
Bangalore, July 20 (IANS) Global IT services business continued to remain strong despite uncertainty and a volatile macro-economic environment, Wipro chairman Azim Premji said Wednesday."There is some uncertainty as macro-economic ... Read more...

Posted in Business |

Wage hike dips Wipro net, projects flat growth


July 20th, 2011 - 3:20 pm ICT by IANS
Bangalore, July 20 (IANS) Wage hikes and a higher tax rate impacted IT bellwether Wipro Ltd's net profit in the first quarter (April-June) of this fiscal (2011-12), resulting in 2.9 ... Read more...

Posted in Sci-Tech |

Wipro projects marginal growth in second quarter


July 20th, 2011 - 11:25 am ICT by IANS
Bangalore, July 20 (IANS) Global software major Wipro Ltd Wednesday projected an average revenue of $1.5 billion for the second quarter (July-September) of this fiscal (2011-12).It is sequentially marginal to ... Read more...

Posted in Business |

Wipro net up by one percent in first quarter


July 20th, 2011 - 11:05 am ICT by IANS
Bangalore, July 20 (IANS) Wipro Ltd posted net profit of Rs.13.35 billion (Rs.1,335 crore) for the first quarter (April-June) of this fiscal (2011-12), registering a marginal year-on-year-growth (YoY) of one ... Read more...

Posted in Business |

Headley looked for a safe landing site for LeT (Third Lead)


May 27th, 2011 - 2:49 am ICT by IANS
Chicago, May 27 (IANS) Self-confessed Pakistani-American terrorist David Headley told a Chicago court Thursday that he helped identify a safe landing site for Pakistan-based terror group Lashkar-e-Taiba (LeT) terrorists arriving ... Read more...

Posted in South Asia |

Wipro net up for quarter, fiscal; sees flat IT growth (Lead)


April 27th, 2011 - 1:50 pm ICT by IANS
Bangalore, April 27 (IANS) Like its peers, Indian software major Wipro posted double- digit growth in net profit and revenue in the fourth quarter and fiscal 2010-11 but projected flat ... Read more...

Posted in Sci-Tech |

Wipro net up 14 percent in fourth quarter


April 27th, 2011 - 11:34 am ICT by IANS
Bangalore, April 27 (IANS) Wipro Wednesday reported net profit of Rs.1,375 crore (Rs.13.8 billion) for the fourth quarter (January-March) of fiscal 2010-11, registering 14 percent year-on-year (YoY) growth.In a regulatory ... Read more...

Posted in Business |

Wipro forecasts $1.4 billion IT revenue in Q4 (Lead)


January 21st, 2011 - 1:49 pm ICT by IANS
Bangalore, Jan 21 (IANS) Software major Wipro Ltd Friday said revenue from its global IT business for the Jan-March fourth quarter of this fiscal would be $1.4 billion, projecting a sequential growth ... Read more...

Posted in Sci-Tech |

MindTree net dips 40 percent yearly, recovers sequentially (Lead)


January 18th, 2011 - 10:06 pm ICT by IANS
Bangalore, Jan 18 (IANS) Leading IT and product engineering services firm MindTree Ltd posted net profit of Rs.305 million (Rs.30.5 crore) for third quarter (October-December) of this fiscal (2010-11), a decline of ... Read more...

Posted in Business |

MindTree net dips 43 percent yearly, recovers sequentially


January 18th, 2011 - 9:39 pm ICT by IANS
Bangalore, Jan 18 (IANS) Leading IT and product engineering services firm MindTree Ltd posted net profit of Rs.305 million (Rs.30.5 crore) for the third quarter (October-December) of this fiscal (2010-11), a decline ... Read more...

Posted in Business |

Recovery in IT industry is solid, sustainable: Premji


October 22nd, 2010 - 10:19 pm ICT by IANS
Bangalore, Oct 22 (IANS) Recovery in the IT industry is solid and sustainable, as growth during the last two-three quarters has been exceptional, Wipro chairman Azim Premji asserted Friday."Recovery in growth has ... Read more...

Posted in Business |

Wipro net up 10 percent in second quarter


October 22nd, 2010 - 10:56 am ICT by IANS
Bangalore, Oct 22 (IANS) Wipro Ltd Friday posted a net profit of Rs.1,285 crore (Rs.12.85 billion) for second quarter (July-Sep) of this fiscal 2010-11, registering an increase of 10 percent year-on-year (YoY).In ... Read more...

Posted in Business |

Wipro attrition zooms to 16 percent in first quarter


July 23rd, 2010 - 3:50 pm ICT by IANS
Bangalore, July 23 (IANS) As in case of Infosys Technologies, the attrition rate of India's third largest IT bellwether Wipro too jumped to 15.8 percent during the first quarter (April-June) of this ... Read more...

Posted in Business |

Wipro net up 31 percent in first quarter (Lead, correcting figure in para 2)


July 23rd, 2010 - 11:59 am ICT by IANS
Bangalore, July 23 (IANS) Wipro Ltd posted net profit of Rs.13.19 billion (Rs.1,319 crore) for the first quarter (April-June) of this fiscal (2010-11), registering 31 percent year-on-year (YoY) growth. In a regulatory filing ... Read more...

Posted in Business |

Wipro net up 31 percent in first quarter


July 23rd, 2010 - 11:04 am ICT by IANS
Bangalore, July 23 (IANS) Wipro Ltd posted net profit of Rs.13.19 billion (Rs.1,319 crore) for the first quarter (April-June) of this fiscal (2010-11), registering 31 percent year-on-year (YoY) growth. In a regulatory filing ... Read more...

Posted in Business |

Oz mum who forced daughter, 12, into prostitution jailed for 10 years


May 14th, 2010 - 3:11 pm ICT by ANI
Melbourne, May 14 (ANI): An Australian mother has been sentenced to 10 years in prison for forcing her 12-year-old daughter into prostitution with over 100 men in just four weeks.Magistrate Peter Evans, ... Read more...

Posted in World |

Woman admits to using 12-year-old daughter as sex worker


May 10th, 2010 - 3:15 pm ICT by IANS
Melbourne, May 10 (IANS) An Australian woman Monday pleaded guilty to using her 12-year-old daughter as a sex worker. The 41-year-old woman, who was herself sexually abused when she was a child, has ... Read more...

Posted in World |

Premji bets on large deals from US, Europe and India


April 23rd, 2010 - 7:37 pm ICT by IANS
By Fakir Balaji Bangalore, April 23 (IANS) With tech spend reviving on signs of global economic recovery, Indian IT bellwethers like Wipro see large deals coming back to the table for aggressive business ... Read more...

Posted in Sci-Tech |

Wipro unveils global delivery centre in Brazil


March 25th, 2010 - 6:45 pm ICT by IANS
Bangalore, March 25 (IANS) Wipro unveiled a global delivery centre at Curitiba in Brazil to serve its global and near-shore clients, the Indian software major said Thursday. Though Wipro's global IT services business ... Read more...

Posted in Sci-Tech |

Oz man who pimped 12-year-old girl jailed for 10 years


March 25th, 2010 - 2:22 pm ICT by ANI
Melbourne, Mar 25 (ANI): An Australian man, who admitted to pimping a 12-year-old girl to have sex with 100 men, has been sentenced to jail for 10 years.Gary John Devine, 51, of ... Read more...

Posted in World |

Wipro net profit up 21 percent, projects higher IT revenue (Lead)


January 20th, 2010 - 1:02 pm ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd beat market expectations Wednesday by registering 21 percent year-on-year (YoY) increase in net profit at Rs.1,217 crore (Rs.12.17 billion/$265 million) for the third quarter (October-December) and ... Read more...

Posted in Sci-Tech |

Wipro projects $1.11 billion earning from IT services in third quarter (Lead)


October 27th, 2009 - 12:45 pm ICT by IANS
Bangalore, Oct 27 (IANS) Wipro Ltd Tuesday projected an earning of $1.11 billion from IT services for third quarter (October-December) of this fiscal (2009-10), as revenue for second quarter (July-September) at $1.06 ... Read more...

Posted in Business |

Bloomberg buys Business Week magazine


October 14th, 2009 - 9:17 am ICT by IANS
New York, Oct 14 (DPA) Financial information provider Bloomberg is to buy Business Week magazine, three months after the publication was put up for sale due to plummeting ad sales. Terms of the ... Read more...

Posted in Business |

Dell to buy Perot Systems for $3.9 bn


September 22nd, 2009 - 12:45 am ICT by IANS
San Francisco, Sep 21 (DPA) Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information ... Read more...

Posted in Business |

Rajeev Suri to head Nokia Siemens joint venture


September 1st, 2009 - 8:39 pm ICT by IANS
Helsinki, Sep 1 (DPA) Indian national Rajeev Suri is to be new chief executive of Nokia Siemens Networks, the 50-50 joint venture launched in 2007 between Finland's Nokia and Germany's Siemens, the ... Read more...

Posted in Business |

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