Infosys gives salary increments, Wipro hikes wages
10:49 Jun 14 2013 from IANS
Rival Indian IT bellwethers Infosys and Wipro Thursday announced salary increments and wage hikes for their employees based offshore and onshore worldwide for the 2013-14 fiscal.
http://www.in.com/news/business/infosys-gives-salary-increments-wipro-hikes-wages-50226728-in-1.html
Wipro hikes offshore salary by 6-8%; onshore by 2-3%
07:25 Jun 13 2013 from Moneycontrol
Moneycontrol Bureau IT major Wipro has hiked salary of offshore employees by an average 6-8 percent and of of onshore employee by 2-3 percent effective June 2013. In line with the practice of rewarding high performers, Wipro has awarded
http://www.in.com/news/business/wipro-hikes-offshore-salary-by-68-onshore-by-23-50226548-in-1.html
IT cos set to get a rupee depreciation boost in Q1
02:11 Jun 11 2013 from Moneycontrol
Moneycontrol Bureau Even as the overall market remained weak, investors continued to buy IT stocks on Tuesday, amid hopes that the recent sharp depreciation in the Indian Rupee will boost margins of companies like Infosys, Tata Consultancy Services,
Hiring activity slowing among IT firms
07:04 Apr 23 2013 from Moneycontrol
Moneycontrol Bureau FY2014 may be looking a brighter growth year than FY2013 for IT firms, but hiring activity especially among freshers/trainees, doesn't seem to be in sync with it. Several top companies like Infosys, Wipro and HCL Tech who
http://www.in.com/news/business/hiring-activity-slowing-among-it-firms-50208421-in-1.html
US senator accuses TCS, Infosys of abusing H-1B
01:44 Apr 23 2013 from PTI
Amidst Congressional debate on the comprehensive immigration reform, a top US Senator has accused big Indian IT companies - TCS, Infosys and Wipro - of abusing the H-1B visa system.
http://www.in.com/news/business/us-senator-accuses-tcs-infosys-of-abusing-h1b-50208370-in-1.html
US Immigration Bill can seriously impact Indian IT: Nasscom
12:48 Apr 22 2013 from Moneycontrol
With macros remaining unchanged since Nasscom’s February forecast, president Som Mittal sees very little reason to change it at the current juncture. The industry body has forecast the sector to clock 12-14 percent growth in 2013-14, faster than
Wipro sinks as Q4 revenue growth, Q1 guidance disappoint
10:05 Apr 22 2013 from Moneycontrol
Moneycontrol Bureau Wipro shares plunged more than 10 percent on Monday morning after investors slammed India's third largest software services exporter on weak revenue growth in the fourth quarter and muted guidance for
Q1 traditionally weak quarter; bullish on Q2: Wipro
12:38 Apr 19 2013 from Moneycontrol
Given the fact that the first quarter of the financial year is traditionally a weak quarter for Wipro’s Indian business, one should not read too much into the guidance, says chief executive officer TK Kurien. “Last year, we ended up with
http://www.in.com/news/business/q1-traditionally-weak-quarter-bullish-on-q2-wipro-50207942-in-1.html
Will revise Wipro's growth estimates; stock may fall: Ambit
12:23 Apr 19 2013 from Moneycontrol
Ankur Rudra, vice president, Ambit Capital expects Wipro shares to slide on Monday given their subdued Q4 numbers and relatively weak Q1 guidance. "Wipro has been trading in the region of 14.5-15 times and we have already seen Infosys
Wipro sees flat IT revenue growth in first quarter
11:44 Apr 19 2013 from IANS
Wipro Ltd. has projected $1.6 billion revenue from its global IT services in the first quarter (April-June) of 2013-14 fiscal.