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Traders' Diary: Buy, sell or hold strategy on Sagility, Dr Reddy, Wipro, LT, Infosys, over a dozen other stocks today

Traders' Diary: Buy, sell or hold strategy on Sagility, Dr Reddy, Wipro, LT, Infosys, over a dozen other stocks today

Fri, Dec 20, 2024

Check out the complete list of stocks on analysts Kushal Gupta.

Wipro shares trade ex-bonus; here is what it means for investors

Wipro shares trade ex-bonus; here is what it means for investors

Tue, Dec 03, 2024

Wipro Share Price, Wipro Bonus Stock News: Wipro shares inched lower on December 3, trading ex-bonus. The stock dropped to as low as Rs 290.3 apiece on BSE. Earlier, the Bengaluru-based IT major declared a 1:1 bonus.

Traders' Diary: Buy, sell or hold strategy on KPI Green Energy, Apollo Hospitals, MOIL, and other top stocks today

Traders' Diary: Buy, sell or hold strategy on KPI Green Energy, Apollo Hospitals, MOIL, and other top stocks today

Tue, Dec 03, 2024

Kushal Gupta's Traders' Diary highlights stock picks including KPI Green Energy, Prestige Estates, Apollo Hospitals, and APL Apollo Tubes. Key updates include Solar Industries' export order and MOIL's production growth.

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Tata Consultancy Services to announce third quarter results today; here's what to expect

Tata Consultancy Services to announce third quarter results today; here's what to expect

Thu, Jan 12, 2017

Sandip Agarwal and Pranav Kshatriya analysts of Edelweiss Financial Services said, “TCS’ execution capability, client relationships and leadership are impeccable. We believe, few niggling issues like LATAM, Diligenta and Japan, which have taken a toll on the company’s overall growth rate in past few quarters, are probably in the last leg and be largely over by FY18."

US H1-B Bill, if passed, will erode margins of Indian IT companies

US H1-B Bill, if passed, will erode margins of Indian IT companies

Tue, Jan 10, 2017

The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

Wipro to pay $5 million to US SEC to settle 6-yr-old case

Wipro to pay $5 million to US SEC to settle 6-yr-old case

Sat, Dec 24, 2016

Country's third largest software services firm Wipro on Friday said it has reached an agreement with US Securities and Exchange Commission (SEC) to formally resolve a six-year old investigation and will pay $5 million (nearly Rs 33.3 crore) in civil money penalty.

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

Mon, Nov 28, 2016

Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.

Wipro likely to disappoint again in coming quarters, analysts says

Wipro likely to disappoint again in coming quarters, analysts says

Wed, Oct 26, 2016

On Friday, the company had announced a decline of nearly 8% in its consolidated net profit for Q2FY17.

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Infosys Wipro, HCL Tech saw decline in market cap days after Q2

Mon, Oct 24, 2016

Till last week, these companies contributed nearly Rs 18,191.29 crore market value on BSE.

Wipro declines most in three months; down 4% in morning trade

Wipro declines most in three months; down 4% in morning trade

Mon, Oct 24, 2016

Wipro Ltd fell nearly 4% in morning trade on Monday as the company cut its revenue guidance last week. Market data show that the 4% intraday fall is most since July 20, 2016 and was the worst performer on BSE Sensex and NSE Nifty.

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Fri, Oct 21, 2016

The company in a regulatory filing said that the total income during Q2FY17 increased from Rs 13198.6 crore in Q2FY16 to Rs 14407.3 crore.

Wipro, Mindtree shares in green ahead of earnings

Wipro, Mindtree shares in green ahead of earnings

Fri, Oct 21, 2016

In Q1FY17, like Infosys and Tata Consultancy Services, Wipro too had disappointed the industry by posting below expectation results.

Chart of the day: Forbes richest Indian list

Chart of the day: Forbes richest Indian list

Fri, Oct 21, 2016

Forbes’ edition of most affluent Indians, released on Friday had Mukesh Ambani, managing director of Reliance Industries on top of the charts with net worth of $22.7 billion.

Wipro acquires US-based Appirio for $500 million

Wipro acquires US-based Appirio for $500 million

Thu, Oct 20, 2016

A 1250-employee company, Appirio is based in Indianapolis and was founded in 2006. The company has clients like Coca Cola, Facebook, Sony Playstation, eBay, among others.

Wipro and Witbe enter into partnership to offer services in media industry

Wipro and Witbe enter into partnership to offer services in media industry

Tue, Sep 20, 2016

Anita Ganti, Senior Vice President of Wipro said, This partnership builds on our offering of managed services programs, and Test automation-as-a-service. Our dedicated Witbe Competency lab offers strong competency on Witbe products and technologies, and experts who provide remote automation services to our customers.”

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Wipro partners with IntSight to deliver 'Threat Intelligence' as service

Mon, Sep 12, 2016

With this move, Wipro focuses in providing a solid foundation for an end-to-end solution spanning intelligence gathering to threat mitigation and remediation.

TCS lowers outlook for Q2FY17; drags shares of top 4 IT cos

TCS lowers outlook for Q2FY17; drags shares of top 4 IT cos

Thu, Sep 08, 2016

The company cautioned the investors on its business trends in the second quarter of this fiscal.

Domestic markets in green again; Nifty maintains 8,900-mark

Domestic markets in green again; Nifty maintains 8,900-mark

Thu, Sep 08, 2016

Indian Rupee opened at 66.47 per dollar, depriciated 11 paise as compared to 66.36 per dollar on previous close.

Online eyewear retailer Lenskart raises funds from Premji Invest

Online eyewear retailer Lenskart raises funds from Premji Invest

Tue, Sep 06, 2016

Three months after its Rs 400-crore funding, Lenskart has raised an undisclosed amount from Premji Invest, the investment office of Wipro chief Azim Premji.

Wipro - Stibo System tie up to offer MDM solutions

Wipro - Stibo System tie up to offer MDM solutions

Mon, Aug 29, 2016

As a part of the partnership, Wipro and Stibo also plans to set-up a state-of-the-art MDM centre of excellence (CEO) in Bangalore to showcase industry best prectices, standards and guidelines that can be leveraged for customer projects.

Wipro picks up minority stake in Israeli firm for Rs 9.9 crore

Wipro picks up minority stake in Israeli firm for Rs 9.9 crore

Fri, Aug 19, 2016

The Bengaluru-based company expects the transaction to be completed by August 31, 2016.

These 2 Indians alone are worth $27 billion of tech billionaires’ list

These 2 Indians alone are worth $27 billion of tech billionaires’ list

Thu, Aug 11, 2016

Forbes declared its second annual list of the world’s 100 richest tech billionaires on Wednesday. Indian origin reputed tech businesspersons, Azim Premji and Shiv Nadar featured at 13 and 17 ranks on the list.

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