Electric fish communicate by plugging into their cellsSeptember 29th, 2009 WASHINGTON - Just as you plug in your computers and smart phones to communicate, electric fish too communicate by quickly plugging special channels into their cells to generate electrical impulses. The fish generate electric fields to navigate, fight and attract mates in murky streams and rivers throughout Central and South America.
West Bengal Government revives IT hub plansSeptember 17th, 2009 KOLKATA - West Bengal Chief Minister Buddhadeb Bhattacharya on Thursday said that the Government would revive plans to build a one billion dollar IT hub, which was earlier, scrapped due to land acquisition problems. The State Government has planned an IT town on the outskirts of Kolkata to host IT giants Wipro and Infosys, and following the issue Bhattacharya said that IT majors, Wipro and Infosys would be given 45 acres of land each near the airport, where they can construct new centres.
Bengal invites Wipro, Infosys to set up new centresSeptember 17th, 2009 KOLKATA - The West Bengal government Thursday invited IT major Wipro and infosys to start new centres at Rajarhat in the northeastern fringes of the city and promised to give 45 acres of land to each of the companies. "I'm proposing today (Thursday) through the media that we are ready to give 45 acres of land each to Wipro and Infosys.
West Bengal offer 45 acres to Wipro, InfosysSeptember 17th, 2009 KOLKATA - The West Bengal government Thursday invited IT majors Wipro and Infosys to start new centres at Rajarhat on the northeastern fringes of this city and promised to give 45 acres of land to each of the companies. "I'm proposing today (Thursday), through the media, that we are ready to give 45 acres of land each to Wipro and Infosys.
Infosys, Wipro projects kept on hold, not scrapped: West BengalSeptember 16th, 2009 KOLKATA - West Bengal's ruling Left Front Wednesday said the IT township project involving giants Infosys and Wipro has only been kept on "hold" and not cancelled. "The state government has not abandoned the township project.
Bengal scraps IT township project (Second Lead)September 7th, 2009 KOLKATA - The West Bengal government Monday scrapped the proposed IT township projects involving companies like Infosy and Wipro at Rajarhat near here following allegations that the land had been forcibly and illegally acquired. "The government does not want to be involved in any illegal activity," the state IT department said in a statement.
Bengal scraps IT township projectSeptember 7th, 2009 KOLKATA - The West Bengal government Monday informed IT majors Infosys and Wipro that their projects in a proposed township on the outskirts of this metropolis had been scrapped, according to officials. The proposed IT township at Rajarhat near Salt Lake had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.
West Bengal scraps Infosys, Wipro projectsSeptember 7th, 2009 KOLKATA - The projects proposed by Infosys Technologies and Wipro in a township just outside the state capital has been scrapped, the West Bengal government informed the two IT majors Monday. The projects were to come up in the proposed IT township at Rajarhat near Salt Lake but had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.
Wipro net up 12 percent, IT revenue declines (Second Lead)July 22nd, 2009 BANGALORE - India's third largest IT bellwether, Wipro, remained profitable in the first quarter this fiscal despite marginal revenue decline in its global IT services business sequentially and annually. Even for the second quarter, revenue from its flagship IT services business is expected to remain flat in the $1.03-$1.05 billion range, as against the $1.03 billion garnered in the first quarter this fiscal, but still less than the $.1.11 billion earned in the corresponding quarter last fiscal.
Wipro net up 12 percent in first quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.16 billion (Rs.1,016 crore) for the first quarter (April-June) of this fiscal (2009-10), registering 12 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated revenue for the quarter (Q1) was Rs.62.74 billion (Rs.6,274 crore), an increase of five percent YoY as per the Indian accounting standard.
Wipro IT services revenue to be flat in second quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).
Obama remark on Bangalore worrying, admits Azim PremjiMay 7th, 2009 BANGALORE - Terming the US President Barack Obama's tax reform proposal as a 'worrying' development, Wipro chairman Azim Premji Thursday said it was against what Obama said at the recent G-20 summit. 'It's worrying! This is against what Obama said at G-20 summit in London recently,' Premji told reporters here on the sidelines of the launch of Wipro's product qualification and compliance certificate facility 'Tarang'.
Wipro net profit for fiscal 2009 up 19 percentApril 22nd, 2009 BANGALORE - Wipro Ltd posted a net profit of Rs.38.99 billion (Rs.3,899 crore) for fiscal 2008-09, registering 19 percent year-on-year (YoY) growth under the Indian accounting standard. In a regulatory filing to the stock exchanges, the IT bellwether said Wednesday its consolidated revenue for the fiscal under review (FY 2009) was Rs.255.44 billion (Rs.25,544 crore), posting 28 percent YoY growth under the Indian accounting standard.
Wipro net profit up 15 percent in fourth quarterApril 22nd, 2009 BANGALORE - Wipro Ltd posted a net profit of Rs.10.1 billion (Rs.1,010 crore) for the fourth quarter (January-March) of fiscal 2008-09, registering 15 percent year-on-year (YoY) growth under the Indian accounting standard. In a regulatory filing, the IT bellwether said Wednesday its consolidated revenues for the quarter under review (Q4) of FY 2009 rose to Rs.64.52 billion (Rs.6,452 crore), posting YoY growth of 13 percent under the Indian accounting standard.
Wipro's attrition rate soars in third quarterJanuary 20th, 2009 BANGALORE - India's third largest IT bellwether lost more employees than it could hire during the third quarter this fiscal, a senior executive admitted Wednesday. 'Yes, our net addition of employees was less than gross addition in the global IT services and products business due to slowdown and attrition in the third quarter compared to second quarter,' Wipro human resources head Pratik Kumar told IANS here.