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News Breaks
June 12, 2014
11:56 EDTWITWipro selected by Outokumpu as strategic IT partner
Wipro announced that it has been selected by Outokumpu, a leader in stainless steel, as its Global Prime Partner for applications maintenance and development of legacy applications across ten countries including U.K., Poland, Italy, Spain, Germany, Sweden, Finland, U.S., Mexico and China. The multi-year contract is geared towards bringing cost efficiencies and enabling enhanced optimization of applications within HR, Finance, Procurement, Market & Business Intelligence, Marketing and Communications, Supply Chain, Production and R&D, and Integration & Platform areas, Wipro said.
News For WIT From The Last 14 Days
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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.
January 16, 2015
09:37 EDTWITWipro announces retirement of CFO Suresh Senapaty
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09:33 EDTWITWipro sees Q4 revenue $1.81B-$1.85B, consensus $2.04B.
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09:32 EDTWITWipro reports Q3 EPS 14c, consensus 14c
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