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Wipro Q2 profit rises 6%, sees muted revenue growth in Q3
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Wipro Q2 profit rises 6%, sees muted revenue growth in Q3

The company's growth was driven by a decline in total expenses, lower finance cost and higher other income. Wipro Ltd, India's third largest software firm, on Tuesday reported a 5.8 per cent rise in net profit for three months to September but gave a muted guidance for the third quarter earnings. Its consolidated net profit (attributable to equity shareholders) in July-September at Rs 2,191.8 crore, or Rs 4.52 per share, was higher than Rs 2,070.4 crore, or Rs 4.28 a share, in the same ... Rediff.com, 5 days ago
Rediff.com

Bring back Nilekani as Infosys chairman, says advisory firm

With Infosys first non-founder CEO Vishal Sikka calling it quits, an investor advisory firm today favoured Nandan Nilekani -- one of the most high-profile founders of the IT firm -- being brought back on its board as its non-executive chairman. The ...
 Deccan Herald2 months ago Should Infosys go back to Nandan Nilekani?  Rediff.com2 months ago
Rediff.com

'Sad to see a good CEO like Sikka step down'

'The move is a succession plan where Sikka comes on the board as vice chairman.' Former Nasscom chairman BVR Mohan Reddy said on Friday that it was very "sad" to see a "good CEO" like Vishal Sikka stepping down and added that promoters have no say after leaving a company. The company said Sikka, the first non-founder CEO of Infosys, has abruptly resigned due to the "continuous assault" and "campaign" by founder and ex-chairman NR Narayana Murthy.   Reacting to this, Murthy said he is not ...
 Rediff.com2 months ago

Cadila Healthcare Q1 PAT down 30% as GST hurts domestic business

Cadila Healthcare (or Zydus Cadila) posted a 30 per cent year on year (YoY) drop in standalone net profit for the quarter ended June 30, 2017 to Rs 91.4 crore, while its sales grew by 14 per cent to Rs 1000.4 crore.For the first quarter of the current ...
 Business Standard2 months ago
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