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The industry also hailed the attempt to attract technology majors for setting up manufacturing units in areas such as laptop, chipset making and lithium electric batteries."Initiatives to prepare 75,000 skilled entrepreneurs in agro-rural industries through 100 new incubators under ASPIRE scheme and training 10 million youth under the Kaushal Vikas Yojana will help create a large pool of skilled manpower in India," emphasised Sumeer Chandra, MD, HP Inc India.CP Gurnani, MD and CEO, Tech Mahindra, said the government's vision of a 'New India' will thrive on the confluence of New Age digital technologies, quality education and apt skilling.According to Jatin Dalal, Senior Vice President and Chief Financial Officer, Wipro Limited, it is encouraging that the fiscal deficit target has been revised downwards from 3.4 per cent to 3.3 per cent."Strengthening PSU banks' capital and improving RBI's oversight on the financial sector will likely improve the flow of credit in the economy. A series of measures to enhance capital flows and employment generation are also great steps. Better growth with macro-economic stability will be the ideal outcome," said Jatin Dalal, Senior Vice President and Chief Financial Officer, Wipro Limited.According to Kushal Nahata, CEO and Co-founder of logistics-tech start-up FarEye, the government's focus on building a digital India is again highlighted with its willingness to train people on AI, IoT and Big Data."These are key technologies that will transform the supply chain and logistics industry," he noted.The main objective of the budget is to set the groundwork for Prime Minister Narendra Modi's aspiration of a $5-trillion-dollar economy."Arguably, one of the biggest beneficiary of this vision would be the technology industry," said Suman Reddy, MD, Pegasystems India.( With inputs from IANS )

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Wipro on Wednesday reported Rs 2,969 crore profit for the third quarter of the current financial year, which is only a tad higher from Rs 2,968 crore net profit recorded during the same quarter of last year. ...

IT software major Wipro on Thursday reported 27.8 per cent year-on-year jump in its net profit at Rs 2,972 crore in the January to March quarter (Q4 FY21) as against Rs 2,326 crore in the same period last year. ...

Software services firm, Wipro Limited posted 21 per cent surge in consolidated net profit for the October-December (third) quarter of 2020-21, a company statement revealed. ...

Mumbai, Jan 13 IT major Wipro on Wednesday reported 20.85 per cent growth in its consolidated net profit ... ...

IT major Wipro on Tuesday reported 0.1 per cent year-on-year increase in its net income at Rs 2,390 crore for the April to June quarter as compared to Rs 2,387 crore in the year-ago period. ...

IT major Wipro on Wednesday reported a 6 per cent year-on-year fall in profit at Rs 2,345 crore for the January to March quarter as compared with Rs 2,494 crore in the year-ago period. ...

The tech industry on Friday welcomed the government's renewed focus on making India a $5 trillion economy by 2025, through investments in infrastructure, digital economy and job creation. ...