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Airtel Q1 net profit tanks 75% to Rs 367 crore

India’s leading private telecom service provider Airtel has announced its first quarter results for 2017 which has stunned the investors and the industry as a whole. The telecom behemoth which has seen profits rise from year on year until 201,for the first time has reported a sharp drop in its Net Profits and Operating Margins. All thanks to telecom disruptor ... Read More »

Wipro announces Rs.11,000 crore share buy back

IT Major Wipro Technologies has announced a major share buy back of Rs.11,000 crores. The company posted a 1.2 per cent rise in its consolidated net profit at Rs 2,076.7 crore for the April-June quarter. It has a net profit of Rs.2,052 crores for the same period, a year ago.  “We delivered revenues above the upper-end of the guidance range. ... Read More »

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