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Wipro’s board declares an interim dividend of ₹5/share
“We expanded our operating margins by 80 basis points on a YoY basis. Our cash flow conversion remained strong, with operating cash flows being at 123% of our net income,” says Aparna Iyer, CFO, Wipro
“Building on the momentum from last quarter and supported by a strong pipeline, we are well-positioned for the second half,” says Srini Pallia, MD and CEO, Wipro
For Q2, Wipro guides IT Services business revenues to be in the range of declining 1% to growing 1% in constant currency.
Wipro clocks revenue of $2.58 billion in Q1, down 0.3% sequentially, but up 1.5% year-on-year.
Wipro’s board declares an interim dividend of ₹5/share
“We expanded our operating margins by 80 basis points on a YoY basis. Our cash flow conversion remained strong, with operating cash flows being at 123% of our net income,” says Aparna Iyer, CFO, Wipro
“Building on the momentum from last quarter and supported by a strong pipeline, we are well-positioned for the second half,” says Srini Pallia, MD and CEO, Wipro
For Q2, Wipro guides IT Services business revenues to be in the range of declining 1% to growing 1% in constant currency.
Wipro clocks revenue of $2.58 billion in Q1, down 0.3% sequentially, but up 1.5% year-on-year.
HomeIndiaChandrababu Naidu charts bold vision: Andhra to be India’s best state by 2047, backs Modi’s economic leadership

Chandrababu Naidu charts bold vision: Andhra to be India’s best state by 2047, backs Modi’s economic leadership

Ashutosh Kumar
/2 min read

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Naidu said India has the requisite capacity to grow and that nothing can stop it from achieving the economic prowess it deserves.
Chandrababu Naidu charts bold vision: Andhra to be India’s best state by 2047, backs Modi’s economic leadership
Andhra Pradesh Chief Minister N. Chandrababu Naidu 

Andhra Pradesh Chief Minister N. Chandrababu Naidu on Wednesday said India has the requisite capacity to grow and that nothing can stop it from achieving the economic prowess it deserves. Naidu also said that by 2047, Andhra Pradesh will become the best state in the country.

“India has several advantages. Economic reforms began in 1991. Secondly, we have a first-mover advantage in IT, which has given Indians an edge. Thirdly, we have a demographic dividend. We have one more advantage: the right time, the right plan, and the right man—PM Narendra Modi. India has the capacity to grow. Nobody can stop India. We have a greater role to play, according to me,” Naidu said at the launch of the report by the Task Force on Economic Development for Swarna Andhra Pradesh @ 2047.

“We are working towards Swarna Andhra Pradesh @ 2047. By 2047, Andhra Pradesh will be the best state in India,” Naidu added. He headed the task force, which was prepared in collaboration with CII.

Tata Sons Chairman N. Chandrasekaran is the co-chair of the task force, while several other industry leaders like S. N. Subrahmanyan, CMD of L&T; Venu Srinivasan, Chairman Emeritus of TVS Motor Company; Preetha Reddy, Executive Vice Chairperson of Apollo Hospitals; and GMR Group Chairman G. M. Rao were members of the task force.

“India is going through a phenomenal change. To me, it is not just about economic growth. Fundamentally, India is going through a mindset change. We want to do whatever it takes to lead. That is the mood of the nation. Credit goes to Prime Minister Narendra Modi,” Chandrasekaran said at the launch of the task force report.

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“Andhra Pradesh has immense opportunities. The report highlights the potential for industrial growth in the state and maps the areas where industries can come up,” Chandrasekaran added.