Goldman Sachs recently initiated coverage on all four Indian IT firms listed in the United States.
Infosys Technologies (Nasdaq: INFY) – ‘Neutral’
Wipro (NYSE: WIT) – ‘Neutral’
Satyam (NYSE: SAY) – ‘Buy’
Patni Computer Systems (NYSE: PTI) – ‘Sell’
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arcweb: Wipro Technologies (NYSE: WIT) recently received the Automotive SPICE Organizational Maturity Level 5 Certification. The certification relates to process capability and organizational maturity in domains such as design, development, conversion/porting, maintenance, and testing of automotive electronics. Wipro Technologies is the first company in the world to receive this certification.
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New Ratings: Wipro initiated with “neutral weight”
Analyst Bryan C Keane of Prudential Financial initiated coverage on Wipro Limited (NYSE: WIT) with a “neutral weight” rating. The target price is set to $14.
In a research note published yesterday, the analyst mentioned that Wipro’s sustained success in entry into more services is expected to keep [...]
CIOL: Indian companies don’t want any stone unturned in their quest for expansion in newer markets. Indian IT giant Wipro is looking at Vietnam, as a possible offshore destination. Wipro is currently investing in a center in Romania and is looking at other Asian destinations.
The Romanian centre is the first offshore destination center [...]
Financial Express: Wipro GE Medical Systems Private Ltd. is a joint venture between GE Healthcare which has a 51 per cent stake and the remainder in the unit is held by Wipro Corporation, a unit of Wipro Ltd (NYSE: WIT), India’s third-largest software services exporter. GE Healthcare, a unit of General Electric Co. (NYSE: [...]
CIOL: It seems like Wipro will continue its shopping spree. Wipro (Nyse: WIT), one of the top three IT companies in India will be celebrating its 60th birthday on July 18, 2006. The company has come a long way from a small FMCG company to become an IT giant.
In a letter to [...]
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