Wipro reported a 4.76% jump in its Q3 FY10 consolidated net profit of Rs 1,217 crore as against Rs 1,161.7 crore quarter-on-quarter. Consolidated revenues increased 0.71% to Rs 6,966 crore as compared to Rs 6,917.2. Though the Q3 numbers were better-than street expectations, they were lower than Infosys and TCS.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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