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Stock Market & Financial Investment News

News Breaks
April 16, 2014
08:25 EDTWITWipro assumed with a Hold at Jefferies
News For WIT From The Last 14 Days
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January 29, 2015
10:00 EDTWITOn The Fly: Analyst Downgrade Summary
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January 28, 2015
17:11 EDTWITWipro downgraded to Underperform from Hold at Jefferies
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January 26, 2015
09:14 EDTWITRiT Technologies and Wipro sign cooperation agreement
RiT Technologies (RITT) announced that it has signed an MOU with Wipro (WIT). Under the agreement, the parties will cooperate in identifying relevant projects in India and customizing their integrated solutions for projects, to maximize their business in India. The cooperation between RiT and Wipro seeks to address challenges faced by IT departments in dynamic, complex and geographically distributed environments, along with the rising demand for bandwidth, storage and computing power with limited space and resources. RiT is forming this partnership as a result of the growing demand in India for innovative IT solutions. IT spending in India is projected to reach a total of $73.3 billion in 2015, a 9.4 percent increase from the $67.1 billion forecast for 2014, according to Gartner.

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