Wipro shrugs off guidance concerns amid flat Q4 growth

	Wipro shrugs off guidance concerns amid flat Q4 growth IT services major Wipro today announced flat sequential growth in net profit and sales for the quarter ending March 31, 2013. It gave weaker-than-expected revenue guidance for the first quarter of the financial year 2013-14, but said growth would accelerate ...
	India is not imposing restrictions on investments: Chidambaram Finance Minister P.Chidambaram on Friday rejected suggestions that India is imposing restrictions on investments and said the country's economy is opening up in a gradual manner. “I think the right way to look at it is we are not restricting. We are opening up ...
	Trade deficit widens to $191 billion in 2012-13 Burgeoning trade deficit widened further to $190.91 billion in the 2012-2013 thereby threatening the delicate external trade balance and dented India's capacity to leverage its huge foreign exchange reserves. Trade deficit was $ 183.4 billion in previous ...
	SC ruling on Odisha mining a positive order, says Orissa Mining Corporation Hailing the Supreme Court ruling on bauxite mining in Odisha's Niyamgiri Hills, the Orissa Mining Corporation (OMC) has said "it is a positive order" for the company and for the state government. OMC had moved the Supreme Court in 2011 challenging the ...
	SC order on reopening Karnataka mines brings relief Bangalore, Apr 19 (IANS): Iron and steel firms in Karnataka are relieved over the Supreme Court order to allow reopening of mines in A & B categories as they will get more iron ore to increase their production. Though the apex court Thursday cancelled ...
	Publicis Groupe acquires Neev Publicis Groupe, the world's third largest communications firm, has acquired Bangalore-based technology services provider Neev as part of its plan to beef up digital presence in India. Financial details were not disclosed. Publicis plans to align Neev with ...
	TCS to cut hirings by a 3rd this year Tata Consultancy Services (TCS), India's largest IT company, on Thursday said it would be hiring around 24,000 less employees this fiscal in an effort to boost utilisation levels and non-linear growth, taking a leaf out of the books of peers Infosys and HCL ...
	Where are the dams, asks auditor CAG raps Maha govt on the knuckles over Rs 26,617 crore cost overrun in irrigation projects. Pic for representational purpose only. As farmers in the state are being battered by a severe drought-like situation, a stinging report by the Comptroller and Auditor ...
	No more cuts in Karunya Scheme benefits, says FM The benefits of Karunya Benevolent Scheme, which provides a maximum financial assistance of Rs 2 lakh for treatment of those afflicted with critical illnesses, will be sanctioned in full, irrespective of any financial aid availed from other schemes such as the ...
	IB sends lookout notice for 'wanted' Saradha group chief THE Intelligence Branch (IB) of West Bengal Police has sent messages to all police units saying that Saradha group chairman Sudipta Sen is "wanted". Usually, such wanted notices are issued by the IB following directives from the Chief Minister's Office ...