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Law Tribunal Dismisses Insolvency Plea Against Wipro
The National Company Law Appellate Tribunal has dismissed an operational creditor's petition to initiate insolvency proceedings against Wipro Ltd.
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FabIndia Seeking $500 Million In IPO, Valuation Of $2 Billion: Report
The Delhi-based company, whose backers include PremjiInvest, the family office of Wipro Ltd. founder Azim Premji, aims to submit its so-called draft red herring prospectus as soon as early next year
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Azim Premji Gives Shares Worth $7.5 Billion to Charity
Azim Premji, the billionaire chairman of Indian conglomerate Wipro Ltd., will give a further 34 percent of shares in the company worth $7.5 billion to support philanthropic activities, the most generous donation in Indian history.
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Wipro Shares Surge Nearly 5% On Going Ex-Bonus
Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held.
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TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
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Wipro And Genesys International Sign MoU To Develop Autonomous Vehicles
Genesys International Corporation Ltd. has signed a Memorandum of Understanding with Wipro Limited jointly tap the opportunity in the autonomous car sector. As per the MoU, Genesys will develop HD Maps and Content while Wipro will develop the navigational and control technology for autonomous system and smart mobility companies.
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Azim Premji's Younger Son Tariq Joins Wipro Enterprises Board
Azim Premji's elder son Rishad is also on the boards of Wipro Enterprises and Wipro Ltd.
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Delhi Government Signs Deal With Wipro for Free Ambulance Service
The AAP government today signed an MoU with tech giant Wipro for procuring and maintaining 110 modern ambulances, besides setting up and operating a modern control room, under its "Home to Hospital Care" Scheme.
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Indian IT Outsourcing Firms Seek Booster Shot From Obamacare
The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.
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Sensex Little Changed Amid Profit-Taking
Investors took profits in some heavyweights including Housing Development Finance Corp and Mahindra and Mahindra Ltd. HDFC was down 1.58 per cent while Mahindra and Mahindra Ltd fell 1.06 per cent.
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Sensex up over 350 points, hits record high of 22,740
Shares remain supported by overseas investors, who bought Indian shares worth Rs 703 crore on Monday, provisional exchange data shows, totalling nearly $4.5 billion so far in 2014.
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Cisco joins cloud computing race with $1 billion plan
The company said it plans to deliver the service with and through partners including Australian telecom service provider Telstra, tech distributor Ingram Micro In, and Indian IT company Wipro Ltd.
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Wipro falls 12% on demerger of IT business
Wipro shares fell as much as 11 per cent in early trade on Tuesday on account of the demerger of non-IT business into a separate company called Wipro Enterprises. Wipro, India's third largest IT outsourcer had announced the demerger in November, 2012.
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Sensex holds above 20,000; oil firms soar on diesel price hike
The Sensex traded off the day's high on Friday, but held above the key 20,000 mark in the afternoon session. State-run oil firms surged for a second day after the government allowed them to hike diesel prices.
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Wipro shares slump 5% after results
Shares in India's No.3 software services provider Wipro fell as much as 5 per cent, with traders saying the performance of the company's core IT services segment was not as strong as expected.
-
Law Tribunal Dismisses Insolvency Plea Against Wipro
The National Company Law Appellate Tribunal has dismissed an operational creditor's petition to initiate insolvency proceedings against Wipro Ltd.
-
FabIndia Seeking $500 Million In IPO, Valuation Of $2 Billion: Report
The Delhi-based company, whose backers include PremjiInvest, the family office of Wipro Ltd. founder Azim Premji, aims to submit its so-called draft red herring prospectus as soon as early next year
-
Azim Premji Gives Shares Worth $7.5 Billion to Charity
Azim Premji, the billionaire chairman of Indian conglomerate Wipro Ltd., will give a further 34 percent of shares in the company worth $7.5 billion to support philanthropic activities, the most generous donation in Indian history.
-
Wipro Shares Surge Nearly 5% On Going Ex-Bonus
Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held.
-
TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
-
Wipro And Genesys International Sign MoU To Develop Autonomous Vehicles
Genesys International Corporation Ltd. has signed a Memorandum of Understanding with Wipro Limited jointly tap the opportunity in the autonomous car sector. As per the MoU, Genesys will develop HD Maps and Content while Wipro will develop the navigational and control technology for autonomous system and smart mobility companies.
-
Azim Premji's Younger Son Tariq Joins Wipro Enterprises Board
Azim Premji's elder son Rishad is also on the boards of Wipro Enterprises and Wipro Ltd.
-
Delhi Government Signs Deal With Wipro for Free Ambulance Service
The AAP government today signed an MoU with tech giant Wipro for procuring and maintaining 110 modern ambulances, besides setting up and operating a modern control room, under its "Home to Hospital Care" Scheme.
-
Indian IT Outsourcing Firms Seek Booster Shot From Obamacare
The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd.
-
Sensex Little Changed Amid Profit-Taking
Investors took profits in some heavyweights including Housing Development Finance Corp and Mahindra and Mahindra Ltd. HDFC was down 1.58 per cent while Mahindra and Mahindra Ltd fell 1.06 per cent.
-
Sensex up over 350 points, hits record high of 22,740
Shares remain supported by overseas investors, who bought Indian shares worth Rs 703 crore on Monday, provisional exchange data shows, totalling nearly $4.5 billion so far in 2014.
-
Cisco joins cloud computing race with $1 billion plan
The company said it plans to deliver the service with and through partners including Australian telecom service provider Telstra, tech distributor Ingram Micro In, and Indian IT company Wipro Ltd.
-
Wipro falls 12% on demerger of IT business
Wipro shares fell as much as 11 per cent in early trade on Tuesday on account of the demerger of non-IT business into a separate company called Wipro Enterprises. Wipro, India's third largest IT outsourcer had announced the demerger in November, 2012.
-
Sensex holds above 20,000; oil firms soar on diesel price hike
The Sensex traded off the day's high on Friday, but held above the key 20,000 mark in the afternoon session. State-run oil firms surged for a second day after the government allowed them to hike diesel prices.
-
Wipro shares slump 5% after results
Shares in India's No.3 software services provider Wipro fell as much as 5 per cent, with traders saying the performance of the company's core IT services segment was not as strong as expected.
