Wipro Technologies

Open Handset Alliance joined by Wipro Technologies

Open Handset Alliance joined by Wipro TechnologiesThe Open Handset Alliance was recently joined by Wipro Technologies, the global IT services business of Wipro Limited, which will enable it to extend its device development and service Integration expertise around Android - an open mobile phone software stack.

Wipro may accept land at Rajarhat

Wipro Technologies

Wipro Technologies has announced to accept the land offer in Rajarhat, West Bengal, apprising the government through formal channel. The proposed chunk of land is owned by Hidco in New Town and the body is in the process to allot 50 acres of land to the IT firm on concessional price.

The state IT department recently held a meeting with Wipro officials, who visited the site in Action Area III.

Wipro Q1 net up 12% at Rs 1,015 crore

Wipro Q1 net up 12% at Rs 1,015 croreWipro, leading software services providers, has announced that it has posted 12% growth in its consolidated net profit which stood at Rs 1,015 crore for the first quarter ended June 30, 2009.

In a filing to Bombay Stock Exchange (BSE), the IT firm said that it has clocked a net profit of Rs 907crore in the June quarter of 2008.

Wipro Technologies to hire 8000 employees for its BPO business in next six months

Wipro Wipro Technologies, the third-largest IT services exporter from India, has announced that it would recruit 8,000 employees to its business process outsourcing (BPO) arm Wipro BPO by this financial year.

The BPO arm would begin recruitment drives in major cities and towns in the next two weeks. The company would recruit undergraduates and graduates from Tier II and III cities for its customer support and technical help desk segments.

Miscellaneous

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.

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