Wipro is going to announce its Q2 results on Friday
Wipro said the 11th edition of the run saw over 83,000 participants, including 4,000 from it's client organizations
Zhongshan Ma Er Daily Products has strong presence in Guangdong, one of the richest provinces in China
IT major had committed to scale up headcount to 2,000 by April this year to catch up with peers - Infosys and TCS
As part of the agreement, Wipro will implement its Boundaryless Datacentre, LiVE Workspace solutions & utilise its next-generation delivery framework ServiceNXT to deliver services
The stock was down 2% at Rs 493, underperformed the market by falling 10% post Q1 results, against to 0.2% rise in Sensex.
Wipro has acquired a 'minority stake of less than 20% on a fully diluted basis' in the Tel Aviv-headquartered firm
The stock dipped 7% to Rs 511, trading near to its 52-week low of Rs 509 touched on BSE on February 29, 2016 during intra-day trade.
Company expects IT services revenues to grow 1% in Sept quarter
Says both parties decided to terminate the contract owing to delay in completion of closing conditions
Could see earnings downgrades, which could keep the stock price in check
Operating margin drops 190 bps to 17.8%; Q2 revenue guidance disappoints
Says Eurozone to continue to be a strategic market for Wipro
After state IT minister told Assembly the state would stick to land policy, firm unsure of project that could generate 18K jobs
Equal weightage to both company performance and business unit or individual; change kicks in from April 1, 2016
There seems to be a change in the government's outlook towards the SEZ: Wipro official
Real estate firm Embassy Property Developments has also sought approval to set up a similar zone in Karnataka
If Wipro's recommendations are accepted, it would come up with a third facility at Rajarhat
Average salary increase for staff at client locations would be 2%
Aim is to improve productivity, and position it as a disruptive service delivery model through cognitive artificial intelligence and robotic process automation