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  Wipro to buy Capco for $1.45 billion; biggest buyout to become 'bolder' company

  Business | March 04, 2021 22:17 IST

  Set to be its biggest ever buyout, Wipro will acquire London-headquartered Capco in a USD 1.45 billion (over Rs 10,500 crore) deal as the Indian IT major seeks to become a "bolder and ambitious" company as well as rake in higher revenues from banking and financial services space.  

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  Wipro posts 21% increase in net profit at Rs 2,968 crore

  Business | January 13, 2021 17:31 IST

  IT services major Wipro on Wednesday posted an about 21 per cent increase in consolidated net profit at Rs 2,968 crore for the December 2020 quarter.

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  Opening Bell: Equities volatile with a positive bias, Wipro top gainer

  News | December 23, 2020 13:40 IST

  Equity benchmark indices fluctuated between gains and losses during early hours on December 23 as investor focus globally swung between concerns about a new faster-spreading variant of the coronavirus and hopes that more US fiscal aid will propel an

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  Wipro to roll out salary hikes for junior staff from Jan 1

  Business | December 08, 2020 22:14 IST

  IT services major Wipro will give wage hikes to junior employees with effect from January 1, 2021. 

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  Over 1 lakh Wipro employees to get pay hike with promotions from December 1

  Business | November 09, 2020 11:58 IST

  Wipro will roll out salary hike for nearly 80 per cent of its employees along with promotions for high performers effective from December 1. The Bengaluru-bases IT major exporter is reportedly considering rolling out single-digit salary increment for eligible employees at the B3 and below levels.

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  Wipro wins five-year contract from Fortum

  Business | October 20, 2020 10:49 IST

  Wipro Limited on Tuesday announced that it has won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum, one of the leading clean-energy companies headquartered in Finland.

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  Wipro share price falls 7% as Q2 results, buyback plan, acquisition fail to cheer investors

  Business | October 14, 2020 11:52 IST

  ​Shares of IT services major Wipro on Wednesday plunged nearly 7 per cent in early trade on the bourses after the company posted 3.4 per cent decline in consolidated net profit for the September quarter.   

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  Wipro announces share buyback of Rs 9,500 crore; profit rises 3 per cent in July-September quarter

  Business | October 13, 2020 19:40 IST

  Wipro, an Indian multinational corporation providing solutions in information technology field, consulting and business process, board on Tuesday approved a share buyback worth Rs 9,500 crore to reward stakeholders.

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  IT giants, Infosys, Wipro, Cognizant, others struggle with H1-B visa rejections

  Business | September 03, 2020 13:53 IST

  ​The Indian IT sector has been struggling with high denial rates for H-1B visas. A study by an immigration think tank has revealed staggering numbers.

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  Wipro announces collaboration with Intel

  Business | August 06, 2020 19:11 IST

  Wipro Limited announced on Thursday it will join forces with intel to enable Wipro's LIVE Workspace, the company's digital workspace solution with theIntel vProplatform.

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  Wipro to launch 5G edge services solutions suite in India

  Business | July 23, 2020 14:07 IST

  The 5G edge services solutions suite is designed to significantly enhance Wipro's existing 'BoundaryLess Enterprise - Universal Edge' portfolio. The offering allows communications service providers and mobile tower operators to deploy their applications into dispersed edge devices.

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  Wipro charters flights to bring back hundreds of staff, kin from US

  India | July 16, 2020 23:10 IST

  After Infosys and Tech Mahindra, IT major Wipro has chartered special flights to bring home hundreds of its staff and their families from the US.The company is undertaking similar steps for its employees in the UK and Australia.  

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  Wipro says no plans to lay off staff at the moment amid COVID-19 pandemic

  Business | July 15, 2020 9:28 IST

  Wipro has no plans to lay off staff at the moment, said Chairman Rishad Premji on Monday asserting that the company has not laid off any employee due to the COVID-19 impact. The Chairman said this while responding to a shareholder at the 74th Annual General Meeting (AGM) which took place virtually.

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  Govt of Odisha welcomes Supreme Court's decision on Rath Yatra

  News | June 22, 2020 21:34 IST

  Dr Arun Kumar Sahoo said state government welcomes the decision and informs that all safety measures will be taken.

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  Wipro partners with Citrix, Microsoft on digital workspaces

  Business | June 13, 2020 9:02 IST

  With the aim of driving business continuity for its customers, IT major Wipro on Friday said it will integrate a host of services offered by Citrix Systems and Microsoft to create high-performance virtual compute environments that leverage the power of Cloud architecture and next-generation digital workspace technology.

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  Wipro anticipates lower gross margins in short-term amid COVID-19 pandemic

  Business | June 01, 2020 21:51 IST

  IT major Wipro anticipates a decrease in its gross margins in the short-term due to lower demand for IT products and delay in customers' purchasing decisions, resulting from the ongoing COVID-19 pandemic, as per a regulatory filing.  

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  Azim Premji Foundation, Wipro pledge Rs 1,125 crore in fight against coronavirus

  Business | April 01, 2020 17:24 IST

  ​Wipro Ltd, Wipro Enterprises Ltd, and Azim Premji Foundation have pledged Rs 1,125 crore towards the fight against the coronavirus. Of the 1,125 crores, Wipro Ltd's commitment is Rs 100 crore while Wipro Enterprises Ltd donated Rs 25 crore and the Azim Premji Foundation contributed Rs 1,000 crore.  

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  COVID-19: Wipro techies self-quarantine after foreign trips

  India | March 27, 2020 14:12 IST

  Global software major Wipro's techies have gone into 14-day self-quarantine on return from overseas assignments as a precautionary measure against the spread of coronavirus, an official said on Friday.

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  Wipro CEO Neemuchwala decides to step down due to family commitments

  Business | January 31, 2020 13:17 IST

  An early morning statement by Wipro on Friday said its CEO Abidali Z Neemuchwala has decided to step down from his position. Wipro CEO Neemuchwala has stated family commitments as his reason for resignation.

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  Wipro Q3 results: Profit dips nearly 3% to Rs 2,455.9 crore in December quarter

  Business | January 14, 2020 16:41 IST

  IT services major Wipro on Tuesday reported 2.17 per cent dip in consolidated net profit to Rs 2,455.9 crore for December 2019 quarter. The net profit, attributable to shareholders, in the year-ago period was at Rs 2,510.4 crore, Wipro said in a regulatory filing.