Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities.
In new year message, Sikka warns staff of automation, Premji talks of Wipro's core values
'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
Train passenger fares may soon be linked to inflation rate, sources say, adding that the new model may be based on the Wholesale Price Index.
The Union Cabinet will soon take a call on setting up Railway Development Authority of India, an independent regulator, which will decide on passenger and freight rates
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
'The absence of cyber security framework for ATMs is like a dream come true for hackers.'
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
Safety standards are thrown to the wind as government urges consumers to use mobile wallets at petrol pumps, Shine Jacob & Karan Choudhury/Business Standard report from New Delhi.
Wipro has been quite aggressive among Indian IT services companies in acquisitions as a strategy to buy the capabilities in emerging technologies.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
'It is not that the H1B visa employees are coming in to displace jobs.'
It's the second time Nasscom has projected single-digit growth in a decade.
As much as 70% of the 20,900 users globally, reached through an online survey, say they use public wi-fi for checking e-mail, logging into social media accounts or sharing files.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
The UK contributed to nearly $20 billion or 18% of India's $108 billion software exports for 2016.
According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
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