India's Wipro shares slump 11% on weak forecast
Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.
Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.
Business
Apr 22, 2013
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Shares in India's third-biggest software firm Wipro tumbled more than 11 percent on Tuesday, its first day of trading as a standalone IT company since it hived off other businesses into a separate unit.
Business
Apr 9, 2013
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India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.
Business
Jul 24, 2012
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India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.
Business
Apr 25, 2012
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Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.
Business
Apr 24, 2012
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Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.
Business
Apr 13, 2012
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Shares in India's leading IT outsourcer Wipro fell 2.2 percent at one point Tuesday after its chairman, Azim Premji, said he will sell a 1.4 percent stake in the firm to fund charitable causes.
Business
Mar 13, 2012
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Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.
Business
Jan 18, 2012
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Indian IT giant Infosys on Thursday posted a 33-percent rise in its quarterly profit, but warned of a slowdown and weak client spending due to global uncertainty and the European debt crisis.
Business
Jan 12, 2012
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US-based company iGate said Wednesday it plans to delist its unit Patni Computer Systems from stock exchanges by buying shares from the Indian company's public shareholders.
Business
Nov 16, 2011
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