IT czar and Wipro chief Azim Premji, who had recently said India was functioning without a leader, on Tuesday wanted Prime Minister Manmohan Singh to be given a fair chance for rolling-out reforms.

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A section of Wipro employees at the company's Greater Noida unit on Friday briefly stalled work after five employees were injured in a scuffle with company-hired taxi drivers.

A section of Wipro emp

Indian IT companies including market leaders TCS and Infosys may have to bear huge costs towards employee visa fees going ahead, which in turn can put pressure on their profit margins.

A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients.

Infosys, India's No.2 software service

Infosys Ltd, India's second-largest software services exporter, matched expectations with a 33 per cent rise in its fiscal first-quarter profit, bolstered by a surge in demand for outsourcing services

Uncertainty about spending by U.S. and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of

Macquarie Equities Research has downgraded IT services sector to 'underweight' from 'overweight' citing demand concerns as Infosys which already has 30 per cent of staff on the bench, delays joining d

Global software major Wipro Ltd has acquired Australian-based analytics firm Promax Applications Group for Australian $35 million (Rs.189 crore).

"The acquisition of Promax will strengthen our positi

After tasting sweet success with its glucose powder brand Glucovita, Wipro Consumer Care & Lighting (WCCL) now plans to launch the product in the tablet form as well, a senior executive has said.

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IT major Wipro on Tuesday reported 7.7 per cent increase in consolidated net profit at Rs 1,480.9 crore for the fourth quarter ended March 31.

The company had posted a net profit of Rs 1,375.4 crore