IT Company Wipro Appoints Vinay Firake As CEO For APMEA Strategic Market Unit
Vinay Firake holds a Master's degree in Business Administration with a focus on Finance and a Bachelor's degree in Computer Engineering.
May 10, 2024, 18:09 PM IST
Microsoft, Wipro To Launch GenAI-Powered Assistants For Financial Services
The solutions will also utilise Microsoft Azure Document Intelligence, which uses advanced machine learning to extract text, key-value pairs, and structures from documents.
May 06, 2024, 19:39 PM IST
TCS Introduces 60% Office Attendance For Variable Pay Eligibility
Employees whose attendance is between 60-75 percent will be eligible to receive 50 percent of the variable pay.
Apr 22, 2024, 13:40 PM IST
Wipro Q4 Net Profit Falls 7.8% To Rs 2,835 Crore
Wipro also recorded one of the highest declines of 24,516 in the headcount on a year-on-year basis to 2,34,054 during the just-ended fiscal year.
Apr 20, 2024, 11:00 AM IST
Wipro CEO Thierry Delaporte Steps Down; Srini Pallia To Take Over As New CEO
Delaporte, aged 56 and originating from France brings with him thirty years of experience in the global IT industry.
Apr 06, 2024, 20:29 PM IST
Wipro To Fire Hundreds Of Mid-Level Employees To Improve Profit Margins: Reports
Wipro plans mid-level layoffs at onsite locations to boost profits amid industry competition challenges.
Jan 31, 2024, 12:27 PM IST
Sensex Declines 359 Pts On Selling In IT shares, Foreign Fund Outflows
Benchmark Sensex dropped 359 points as Nifty closed below 21,400 due to IT sell-off and foreign fund outflows. Global factors and weak corporate results influenced the decline.
Jan 25, 2024, 17:51 PM IST
Azim Premji Gifts Rs 500 Crore Worth Wipro Shares To Sons Rishad And Tariq
On January 23, Azim Premji transferred over 51 lakh shares each to his sons, Rishad Premji, who is the chairman of Wipro, and Tariq Premji, serving as Wipro Enterprises non-executive director.
Jan 25, 2024, 13:45 PM IST
Wipro Shares Jump Nearly 14% Post-Q3 Earnings; Mcap Climbs Rs 18,168 Cr
Wipro's competitor Infosys posted a 7.3 percent decline in net profit, while Tata Consultancy Services and HCL reported an 8.2 percent and 6.2 percent increase in consolidated profit in the this quarter of the ongoing fiscal.
Jan 15, 2024, 14:16 PM IST
Did You Know: Infosys Boss Narayana Murthy Faced Job Rejection By Wipro's Azim Premji
In 1981, undeterred by the rejection, Narayana Murthy founded Infosys with six friends and a humble Rs 10,000 seed money provided by his wife, Sudha Murty.
Jan 14, 2024, 13:27 PM IST
Wipro Net Profit Falls 11.7% To Rs 2,694 Crore In December Quarter
The company's IT Services segment revenue dropped 4.5 percent on a year-over-year basis to Rs 22,150.8 crore during the reported quarter from Rs 23,196 crore during the same period of 2022.
Jan 12, 2024, 17:04 PM IST
Following TCS and Infosys, Wipro Implements Big Changes In Hybrid Work Policy For All Employees
Indian IT company Wipro has announced that all employees must work from office at least 3 days each week starting from November 15.
Nov 06, 2023, 19:31 PM IST
IT Giant Wipro Reports Flat Net Profit In Q2 Amid Global Economic Uncertainty
The Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are reducing spending on discretionary IT projects amid steep inflation that has resulted in higher interest rates.
Oct 18, 2023, 18:50 PM IST
Who is Aparna Iyer, The New Wipro CFO? Meet The Woman Who Takes Over The Reins At Wipro From Today
Aparna Iyer has spent over 20 years at Wipro, having been an integral part of Wipro's finance transformation and playing a key role in financial strategy and planning, investment programmes.
Sep 22, 2023, 09:17 AM IST
Wipro Appoints Brijesh Singh As Global AI Head
Wipro ai360 builds on the company's decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients, the company said.
Aug 21, 2023, 16:43 PM IST
Started As Vegetable Oil Manufacturer Before Independence, This Indian Company Now Becomes Global Software Giant
The journey of Wipro traces back to a time before India's independence when it embarked on its initial path as a traditional vegetable oil manufacturer.
Aug 16, 2023, 16:30 PM IST
'Never Seen Photograph...' Wipro Chairman Rishad Premji Unveils Old Snapshot Of His Grandfather, Netizens Point Out Uncanny Similarity
What captivated the online audience was the uncanny resemblance between Rishad Premji and his esteemed grandfather. Observant netizens were quick to point out the striking similarities in their facial features and physique.
Aug 16, 2023, 13:24 PM IST
Most Generous Indian: This Gujarati Billionaire Remains India's Top Philanthropist, He Is Not Mukesh Ambani Or Gautam Adani
Indian Billionaire: Azim Premji, the founder and chairman of Wipro was named the most generous Indian and topped the philanthropy charts in FY20 and FY21. Premji gave an average of Rs 22 crore per day, or Rs 7,904 crore, in FY20 and Rs 27 crore a day, or Rs 9,713 crore per day in FY21.
Jun 20, 2023, 15:37 PM IST
Wipro Stocks Climb Nearly 4 % As Company Board Approves Share Buyback Plan
The Wipro board on Thursday announced a share buyback of up to Rs 12,000 crore through the tender offer route, entailing 26.96 crore equity shares at a buyback price of Rs 445 apiece.
Apr 28, 2023, 15:53 PM IST
Wipro Q4 Net Profit Dips Marginally To Rs 3,074.5 Cr; Board Approves Rs 12k Cr Share Buyback
For the full FY23, the net profit of Rs 11,350 crore was 7.1 per cent lower than the preceding fiscal, while revenue of Rs 90,487.6 crore was 14.4 per cent higher.
Apr 27, 2023, 17:28 PM IST
