Analysts expect Wipro to grow 2.5% in reported currency, or 3.5% excluding currency fluctuations, at the higher end of its 1.5-2.5% growth target.
Infosys said it would buy Noah Consulting, which provides information management consulting services in the oil and gas sector, for $70 million in cash.
Infosys said it would buy Noah Consulting, which provides information management consulting services in the oil-and-gas sector, for $70 million in cash.
Net income fell 5.4% sequentially to $264 million. In rupee terms, HCL Tech’s profit fell 3.2% sequentially to Rs 1,726 crore.
Tata Consultancy Services will focus its investments on digital and the training of employees to help offset slowing growth in its traditional business.
Virtusa, cofounded by Sri Lankan entrepreneurs Kris and Tushara Canekeratne, is believed to have valued Polaris at close to $350 million.
TCS said the number of clients who contribute more than $100 million in revenue rose by three and the umber of clients who contribute more than $10 million in revenue rose by six.
The IT services major reported revenue of Rs 27,165 crore, up 14.1% Y-o-Y and 5.8% Q-o-Q. The revenue was in-line with estimates.
Sikka said the firm had improved its win rate on large deals, which would help it meet its target of posting industry-leading growth by FY17.
Infosys named company veteran and strategic ops head Ranganath D Mavinakere as Bansal's replacement, who will stay till the end of year.
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