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Tag Archive for 'wipro'

10 year’s contract between Wipro and Mumbai International Airport (MIAL)

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Wipro InfoTech has entered into a 10 year contract with Mumbai International Airport for providing its IT management services to ‘T2’, the newly developed integrated terminal. Wipro will be providing its IT services for T2 for the next 10 years. This collaboration is aimed at using IT for enhancing customer satisfaction and experience as well. […]


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Net Profit of Wipro Increased By 18.37% During Q1

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Business today has become very much competitive. The challenge is greater on those businesses that are on top of the chain. Among the leading companies in the market of software is Wipro and the company is doing its best to become competitive which is the reason why they have reported to have an 18.37% increase […]


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Ratings of TCS, Infosys and Wipro cut by Macquarie

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We all know that the top three software exporters in India are Tata Consultancy Services, Infosys and Wipro. These companies are expected to do well in their business, but Macquarie had just cut the ratings of these groups to ‘underperform’. The company had also removed TCS from its Top-10 list and replaced it with ICICI […]


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Wipro’s Q4 profit up by 8%

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On a surprising note, even though Wipro reported an increase in their profit by 8% in Q4, India’s largest outsourcer’s stocks fell by over 7%! Share price ended at Rs. 410.15, the lowest for IT giant in eight months. Company’s CEO mentioned that IT sector’s Q1 revenue is expected to be about $1.52-1.55 billion with […]


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Santoor Crosses Rs 1,000 Crore Sales

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The first brand that has come across the revenue of Rs 1,000 crore in the year 211-12 is Santoor of Wipro’s consumer products division. This had been achieved by the company even if they are only third largest soap brand in India. The profit of the company was made possible with the spurt in rural […]


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Azim Premji Trust Sells Wipro Shares Worth Rs. 1530 Cr. To Support Education

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To fulfill one of the dreams of Azim Premji, he is going to sell Rs. 1,530 crore company’s shares in the market and will gather money to establish an education institute, which is very close to his heart. The Azim Premji Trust was presented with 213 billion shares of Wipro in December 2010 (valued then […]


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Co-Operative Banks To Get Core Banking Solutions; Thanks To Wipro & NABARD

NABARD Logo - Wipro's Core Banking solutions for Co-Operative banks

National Bank for Agriculture and Rural Development (NABARD) has taken an initiative to bring together 140 state co-operative banks and central co-operative banks on one platform for technology development. Statistics say that these 140 state and central cooperative banks have 4582 branches and administrative offices. Four central co-operative banks (CCBs) of Maharashtra, Latur, Kolhapur, Buldhana […]


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