Tag Archives: Wipro

Wipro to acquire Singapore firm for $144 million

As per latest news, the country’s No. 3 software service provider company, Wipro Ltd has announced that it will acquire L.D. Waxson Group, a Singapore-based consumer goods firm. In a statement issued by the company said that it will make all-cash deal for $144 million. Further, it is expected that the deal would complete in [...]

Wipro introduces iPhone app

Wipro Buzz, Wipro’s first corporate iPhone app that is integrated with social media has launched by the company. This app that is offered by the Wipro Technologies free of charge is available in Apple’s iTunes store. Allowing users to link with Facebook, Twitter and LinkedIn for function of content sharing, promoting and distributing, Wipro Buzz [...]

Infosys will not get SEZ status: Govt

In place of SEZ status, The Bengal Govt. is offering several sops to the India’s largest IT Firm Infosys, sending notice for informing that it can not recommend its project for special economic zone (SEZ) status. As per govt. statement, within a week a communique is send to Infosys that would also state the sops [...]

Wipro reports 10% growth in profit

As per the fresh business updates, Wipro has recently announced in its reports that the company has reported a solid revenue of Rs 9,997 crore in the third quarter ended December 31, 2011, a growth of 28% as compared to the same period of last year. Meanwhile, the revenue of the IT major company has [...]

Infosys reports 33% growth in net profit

As per latest business sector news, the Bombay Stock Exchange market fell 54 points at 16,122.38 and Sensex over 100 points in the early trade, disappointment with 8% crashed made by the Bangalore-based Infosys, India’s second-largest software company. But Market forecast of a 33 per cent rise in quarterly profit of Infosys after the company [...]

Wipro plans to invest Rs 800 crore in West Bengal

The major IT company Wipro would established Rs 700 -800 crore into its second campus at KOLKATA which would provide around 15000 employment, this has been declared by Azim Premji, the chairman of Wipro Technologies . Such statement has been cleared when Premji was attending a meeting with West Bangal Chief Minister at the state [...]