Trump is officially a risk for this Indian tech firm [CNNMoney.com]
Wipro Limited (WIT)
Last wipro limited earnings: 4/16 04:00 pm
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Source: CNNMoney.com
Indian tech firm makes it official: Trump is a risk to its businessOne of India's biggest outsourcing firms has formally called out President Trump as a danger to its business.Bangalore-based Wipro has included Trump's election as U.S. president in a list of "risk factors" in its latest filing with the Securities and Exchange Commission."Significant developments stemming from the recent U.S. presidential election could have a material adverse effect on our business," Wipro said.It called out Trump's opposition to the North America Free Trade Agreement and his advocacy for "greater restrictions on free trade" as specific risks.Related: Trump's renewable energy cuts alarm former officialsWipro, much like its peers Tata Consultancy Services, Infosys(INFY), Tech Mahindra and others, depends heavily on the U.S. The company gets more than half its total revenues from U.S. clients.But Trump and his administration have accused Indian firms of using the popular H-1B work visa program to send m
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News
- Wipro Limited (NYSE: WIT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Wipro Limited (NYSE:WIT) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Wipro Announces Results for the Quarter and Year ended March 31, 2024Business Wire
- Wipro Limited (NYSE: WIT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
WIT
Earnings
- 4/22/24 - Beat
WIT
Sec Filings
- 4/23/24 - Form 6-K
- 4/8/24 - Form 6-K
- 3/12/24 - Form 6-K
- WIT's page on the SEC website