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ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...- IDFC First Bank fraud case: ED arrests 2 former employees in Rs 645 crore embezzlement probeChandigarh has witnessed a major development as the Enforcement Directorate has apprehended two ex-IDFC First Bank staff amidst a sweeping ...
- Wipro appoints Anne-Marie Rowland as Capco CEOAnne-Marie Rowland will report to Wipro CEO and managing director Thierry Delaporte and will become a member of Wipro’s Executive Committee...
- Wipro launches financial services capability in IndiaCapco, Wipro's subsidiary, will supplement its presence in the Indian financial services sector to jointly offer end-to-end transformation ...
- Wipro will grow double digits this year again, says CEO Thierry Delaporte“There is no reason to be worried. The business is good but there is a kind of uncertainty now that we did not have a year ago and that is ...
- In Q2, Wipro will hit $10-billion revenue & gear up for next stage of growth: Thierry Delaporte“In Q1, we are seeing very modest growth in APMEA (Asia Pacific, Middle East and Africa) and we should start to see a little more growth th...
- Wipro business grows 21% in Q1, ‘best ever’ quarterOn a reported basis, the company’s revenue was up 25.7% to $2.4 billion, which meant Wipro added $262 million in revenue in the last 90 day...
- Wipro raises forecast after completing Capco acquisition, to grow 8-10% in Q1Wipro now expects revenue of $2.32-2.37 billion for the April-June quarter, compared with the guidance of $2.19 billion to $2.23 billion gi...
- Wipro secures $1 billion ‘club loan’ to fund its Capco acquisitionThe Wipro-Capco deal is the boldest bet by Wipro Chairman Rishad Premji and CEO Thierry Delaporte as the duo look to shed the company's ima...
- Wipro may raise over $ 1 billion to part fund Capco dealWipro has a cash balance of $5.8 billion but an overseas fundraising will pave the way for future acquisitions and business expansion.
- Minister's mixed messagesElsewhere in today's ETtech Evening Briefing: Deliveroo kicks off London IPO; Headwinds for Wipro-Capco deal; Google aims to support a mill...
- Wipro's Capco acquisition may face challenges due to revenue stagnancy, integration: analystsWhile the Bengaluru-headquartered IT services company’s bold decision to acquire Capco for $1.45 billion, biggest so far, is expected to gi...
- What the Wipro-Capco deal means for Indian ITThe Wipro-Capco deal would help Indian IT companies break into the big consulting league dominated by McKinsey and Bain & Co. They will now...
- Wipro's $1.45 billion buyout is unlikely to give its stock price a lift. Here's whyAnalysts noted that the acquisition will dilute Wipro IT services EBIT margins by 200 bps in the first year, a large component will be a no...
- Wipro to acquire UK’s Capco for $1.45 billionAnnouncing the all-cash deal, which ranks among the largest acquisitions by an Indian IT services company, the Bengaluru-headquartered IT m...
- Wipro to acquire UK-based Capco for $1.45 billionThe Wipro-Capco deal, among the biggest buyouts in the Indian IT space, marks the fourth acquisition by the Bengaluru-based firm since July...
- Wipro's $1.45 billion Capco deal unveils its bold and ambitious avatarIt would be difficult to brush it off as just another acquisition not only for its size, but also for the potential it holds for Wipro, whi...
- Capco India appoints Neelam Sharma as head of human resourcesSharma will be responsible for HR strategy, organisation culture, HR governance, HR transformation through digitalisation and automation, I...
- i-flex to buy S'pore arm of CapcoIT solutions provider i-flex solutions on Wednesday announced that its Singapore headquartered subsidiary, i-flex solutions, has entered in...
- i-flex may buy Capco's unit for $150mSoftware major i-flex plans to buy the Asia-Pacific operations of Capco in a deal worth $100-$150 million.
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