IT Services

Wipro flags trade war threats as risk factors to business

Wipro flags trade war threats as risk factors to business

India's fourth largest IT services firm Wipro has flagged "increased protectionism" and risk of a "global trade war" among factors that c...Read More

Wipro Q2 profit dips 14% on higher costs

Wipro Q2 profit dips 14% on higher costs

New Delhi/ Bengaluru: Software services major Wipro on Wednesday posted a 13.8 per cent decline in consolidated net profit for the July-S...Read More

Wipro shares jump over 8% as company bags biggest order till date 

Wipro shares jump over 8% as company bags biggest order till date 

New Delhi: Shares of Wipro Monday surged more than 8 per cent in morning trade on bourses after the IT services major said it had bagged ...Read More

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Tech Mahindra looks to hire 4,000 freshers

New Delhi : Tech Mahindra indicated at hiring around 4,000 freshers over the next three quarters as the IT services major focuses more on...Read More

Indian government’s IT spending to hit USD 8.5 billion in 2018

Indian government’s IT spending to hit USD 8.5 billion in 2018

New Delhi: Picking up the pace after demonetisation and a drop in industrial production, IT spending in the Indian government sector is p...Read More

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Wipro Q1 net up 1.2%; announces Rs 11,000-cr share buyback offer

Bengaluru : India’s third largest IT firm Wipro on Thursday reported a 1.2 per cent rise in its consolidated net profit at Rs 2,076.7 cro...Read More

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British Parliament hit by cyber attack

London : The British Parliament has been hit by a cyber-attack, officials at Westminster said. The “sustained” hack began on Friday night...Read More

Wipro shares tank 7% on disappointing earnings

Wipro shares tank 7% on disappointing earnings

Mumbai: Shares of Wipro tumbled almost 7 per cent today after the company missed street expectations with over 6 per cent fall in net pro...Read More

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Cognizant Q1 profit up 15%, sees slowest revenue growth in 14 yrs

New York : US-based IT services major Cognizant posted a 15.2% jump in net profit for March quarter at $441.2 million from $ 382.9 millio...Read More

HCL Tech Q3 net profit grows 14.4 pc to Rs 1,926 crore

HCL Tech Q3 net profit grows 14.4 pc to Rs 1,926 crore

New Delhi: IT services firm HCL Technologies today reported a 14.4 per cent increase in net profit at Rs 1,926 crore for the quarter ende...Read More

Wipro to acquire Viteos Group for $130 mn in outsourcing push

Wipro to acquire Viteos Group for $130 mn in outsourcing push

New Delhi: Wipro today said it will acquire the US-based Viteos Group for USD 130 million (nearly Rs 861 crore), a move that will help th...Read More

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BFSI sector to spend around Rs 50K crore on IT in 2015:Gartner

Mumbai: Information technology spends by financial institutions is expected to increase by 9.8 per cent to around Rs 50,000 crore in 2015...Read More

Strong digital biz drives TCS profit

Strong digital biz drives TCS profit

Net profit jumps 16% to Rs 6,085 crore 

Cognizant Q1 net profit grows 9.7%, raises revenue guidance

Cognizant Q1 net profit grows 9.7%, raises revenue guidance

Chennai :  Led by strong growth in healthcare business, IT services major Cognizant notched up a 9.7 per cent increase in net profit at U...Read More

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