Search Results for: Abidali Neemuchwala

wipro q3 results, infosys q3 results, wipro guidance, tcs q3 results, vishal sikka, h1 b visa

Wipro declares 1:1 bonus issue, hints at share buyback; Q4 IT revenues rise 3.9% YoY; guidance for Q1 comes at $1,915-$1,955 million

Surprising many, Wipro declares bonus shares in the ratio of 1:1, skips final dividend and plans share buyback in July; Q4 IT revenues rise 3.9% YoY and 2.7% QoQ.

Apr 25, 2017

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Wipro posts 5.7% fall in net profit for Q3, 3.5% rise in IT revenues; sets Q4 guidance at $1,922-1,941 million

Net profit for December quarter (Q3) declines to Rs 2,109.6 crore YoY, IT revenues up 3.5 percent to $1,902.8 million for Wipro; Q4 guidance comes higher.

Jan 25, 2017

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Wipro settles 6-year old US SEC probe with $5 million fine

The civil money penalty will be paid by Wipro to close an investigation launched by the US SEC in an embezzlement case.

Dec 23, 2016

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Wipro reports 7.6% fall in Q2 net profit, misses IT revenue guidance; Q3 outlook at $1,916-1,955 million

Net profit came in at Rs 2,070 crore; total revenues increased 10.5 percent; Q3 IT revenue guidance is muted, says Wipro.

Oct 21, 2016

IT majors re-skilling staff in new programming languages over traditional ones

IT majors Wipro, TCS and Infosys are training developers in new programming languages Python, Go and Swift over older ones like Java and C++

Aug 26, 2016

Wipro wins contract from Greater Toronto Airports Authority

In a regulatory filing on Wednesday, Wipro said that it has signed a seven-year agreement with Greater Toronto Airports Authority.

Jul 20, 2016

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Infosys, Wipro shares fall 10% in 5 days

Shares of IT software services exporters Infosys and Wipro have dropped sharply after they declared their June quarter (Q1) results.

Jul 20, 2016

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Total revenues of the company increased 11 percent to $2.0 billion, of which IT Services segment contributed $1.93 billion.

Jul 19, 2016

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Bengaluru-based Wipro announced its fourth-quarter and annual results for 2015-16 on Wednesday, including a share buy-back programme.

Apr 20, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

Wipro misses Q3 IT revenue guidance, net profit up 2% at Rs 2,234 crore

The IT revenues were impacted by Chennai floods that disrupted its operations, the company said.

Jan 18, 2016

Wipro to announce a new organisational structure soon

If the company adopts the model in the new structure, then the COO would be seen as the next top level executive after CEO.

Jan 6, 2016

Wipro shuffles leadership, elevates Abidali Neemuchwala and TK Kurien

Group president and COO Abidali Z Neemuchwala is the new CEO and TK Kurien has been elevated to the position of executive vice-chairman.

Jan 4, 2016

Sensex, Nifty end with huge losses following Chinese stock market crash

IRB Infra gained about 4.8% on news that the company has won a Rs 10,000 crore National Highway project.