Jatin Dalal, chief financial officer - IT Business, Wipro, in a chat with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, gives his view on how a sharp depreciation in the rupee can impact IT companies.

Adequately hedged for rest of the fiscal, says TCS

The IT sector has been under a lot of fire recently, with the BFSI sector expected to be the epicenter of the chaos. However, TCS MD & CEO N Chandrasekaran says that most of the negative news has been factored in by clients.

Indian IT cos wary but not pressing panic button yet

The technology sector was the worst hit in trade today, but IT majors are not ready to press the panic button just yet.

See margin around 12% ahead: Wipro Consumer Care & Lighting

Wipro Consumer Care & Lighting had turnover of about Rs 755 crore and an operating margin of about Rs 90 crore in the first quarter, said Vineet Agrawal, President--Consumer Care and Lighting, Wipro. He expects the company to maintain operating margin around 12% ahead.

Wipro Q1 passes street test, management sees steady growth

Wipro's consolidated net profit for the first quarter (April-June) of fiscal year 2012 fell almost 3% to Rs 1,335 crore as against Rs 1,375 crore in the previous quarter. However, the executive director and chief executive officer of the IT business TK Kurien remains satisfied and confident about the future.

ESIC portal's technical problems resolved: Wipro Infotech

Employees' State Insurance Corporation's (ESIC) insurance portal is up and running, after Wipro managed to sort out all technical problems.

India contributes 8-9% to total IT revenue: Wipro Infotech

Anand Sankaran, senior vice president and business head of India, Middle East and Africa business at Wipro Infotech, said that Wipro Infotech, as an independent business unit, will continue to be intact and customers should not worry about the management changes.

Nucleus Software eyes overseas market for new deals

Nucleus Software has finalized a partnership with Turkey’s information and communication technology services provider Gantek to expand presence in Turkey. Vishnu R Dusad, MD, Nucleus Software in an interview with CNBC-TV18 elaborated on the same.

Expect integration with SAIC to be consummated in Q1: Wipro

From the top management at Wipro, TK Kurien, CEO, IT Business & Executive Director; Suresh Senapaty, Executive Director & CFO and Pratik Kumar, Corporate, VP-HR, spoke about the company's performance and how they saw the road mapping out going forward.

Q1FY12 may not reflect our revenue growth: Wipro

Wipro's fourth quarter net profit rose 4.3% to Rs 1,375 crore, quarter-on-quarter. Calling the flattish set of numbers "a quarter aberration", CEO of the IT business and executive director TK Kurien said the demand scenario has changed from the past and we are focussing on shaping demand rather than reacting to demand.

Infy slow in reacting to changing client needs: Expert view

Kawaljeet Saluja, Analyst, Kotak Securities and Sudin Apte, CEO and Principle Analyst, Offshore Insights, in an interview on CNBC-TV18 spoke about Infosys and the impact it had on the market on Friday.

See equal revenue from Europe, US post SAIC arm buy: Wipro

In an interview with CNBC-TV18, Suresh Senapaty, CFO of Wipro said, "We are very happy with this acquisition because we think it is in line with our strategy of filling in gaps, complementarity or building critical mass in some of these areas that we are focused on."

Would consider restructuring if clients demand it: HCL Tech

In an interview with CNBC-TV18’s Kritika Saxena, Shiv Nadar from HCL Tech said that they would be go ahead with restructuring if the clients’ need demands it and how do they consider it as an opportunity to adapt.

Govt's failure to deliver extremely disappointing: Premji

CNBC-TV18's Menaka Doshi caught up with Azim Premji of Wipro at the venue to find out his views surrounding some of the global concerns.

Q3 attrition down by 2%; see further decline: Wipro

"With the environment for the IT sector looking positive, we are confident of growth despite tepid volumes in the previous quarter," the management said, adding that the attrition rate for the quarter was down by 2%, and it saw further decline there.