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Wipro ups IT services revenue guidance to 8-10% in Q1

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its $1.45 billion buyout of Capco. While......

Wipro's Capco buy: A good deal, but devil lies in the execution

Analysts feel CEO Thierry Delaporte's attempt to bolster Wipro's presence in the BFSI space by acquiring Capco for $1.45 billion is a step taken too soon. From the beginning of 2021 Wipro has......

Wipro buys global consultancy firm Capco for $1.45 bn

Bengaluru-headquartered IT services major Wipro Limited on Thursday announced that it has signed an agreement to acquire Capco, a global management and technology consultancy to the banking and......

i-flex buys out Belgian firm's banking software

i-flex, Mumbai-based maker of core banking software, flexcube, said it had agreed to buy an "operational risk management software product", Ortos, from a Belgian financial services IT firm, Capco,......

Capco to hire 50 more in India

Belgian IT company Capco on Wednesday opened its largest development centre outside Europe and plans to hire over 50 professionals this year to see India playing a core role in the firm's global IT......
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Sensex Ends 424 Points Higher; Sun Pharma and UPL Among Top Nifty Gainers

Posted by Equitymaster Indian share markets witnessed positive trading activity throughout the day today and ended higher. Benchmark indices edged... ...
Wipro raises guidance after completing Capco deal

Wipro raised its guidance for the first quarter, expecting to grow sequentially at 8-10%, up from 2-4% it forecast earlier this month, as it... ...
Wipro secures $1 bn loan to fund Capco buy

Wipro Ltd., India’s fourth largest IT services company, has secured a $1-billion funding line through a one-year overseas loan for its... ...
The week that was in 10 stocks

NEW DELHI: Benchmark indices traded volatile in a range and ended marginally higher for the week, in continuation of the prevailing consolidation... ...
Most brokerages maintain neutral view on Wipro post Capco deal

Brokerages said they will watch out for signs of smooth integration of this acquisition before cheering the deal. ...

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