3 key drivers for the markets this week

The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said. Illustration: Dominic......

Wipro ties with Concord

Wipro Lighting, the consumer products division of Wipro Ltd., has tied up with Concord of UK to sell its architectural range of lighting products in India.Rajesh Kochhar, Chief Executive,......

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Indian IT major Wipro on Saturday announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective immediately. The......

IT is not Wipro's most profitable business

Which is the most profitable business of Wipro Ltd?Software, right? Wrong.It is consumer care and lighting, which recorded a return on capital employed of 86 per cent, compared to 41 per cent for......