S&P revises rating outlooks on Infosys, TCS, Wipro
Standard & Poor's Ratings Services said on Wednesday that it had revised the rating outlooks on three Indian information technology companies to negative from stable. At the same time, we affirmed our
TCS rises on prospects for market share gain
Shares in Tata Consultancy Services shot up as much as 9.7 per cent early on Tuesday, a day after India's top software services exporter said it expects to outperform the sector outlook, an indication
Infosys hit by slew of downgrades after lower than expected revenue outlook
Infosys lost 0.3 per cent to Rs 2,394.50, extending losses from a 13 per cent plunge on Friday after a slew of analysts downgraded the stock following its lower-than-expected revenue growth outlook on
Infosys Q4 profit rises 27.4 per cent, meets forecast
Infosys Ltd, India's second-largest software services exporter, reported a 27.4 per cent rise in quarterly net profit, meeting forecast after customers ramped up orders to cut operational costs.
Beng
Indian, US companies seek Obama's intervention on visa delays
Top Indian and American IT companies has sought the intervention of US President Barack Obama on 'unprecedented delays and uncertainty' around L1 work visas, which they argued is badly effecting their
As U.S. election looms, India IT seeks image makeover
As the U.S. presidential election ramps up the rhetoric against offshoring jobs, India's flagship software services providers are seeking an image makeover.
For Wipro, Infosys and others, multi-billi
Tata Steel, Wipro in most ethical firms list
After a wave of scandals including wrongful foreclosures on U.S. home mortgages, worker suicides at a major Apple Inc supplier in China and the $1.7 billion accounting fraud at Japan's Olympus Corp, a
CISF not to give cover to Wipro
Software giant Wipro will not get the Central Industrial Security Force (CISF) cover for its Bangalore campus because certain demands from the company could not be met by the force.
Just before the
Azim Premji selling Wipro shares worth Rs1,530cr to fund education
The Azim Premji Trust of Wipro founder chairman Azim Premji will sell 35 million shares valued at Rs.1,530 crore ($300 million) to fund educational activities of Azim Premji Foundation, which also run
Wipro focusing on cloud, analytics and mobility solutions
IT major Wipro is betting big on areas like cloud, analytics and mobility solutions to boost its business in the domestic market here, a top company official said.
"Over this financial year, especia