Page 33 - Wipro

Upset over pace of Wipro project, Odisha gets set to reclaim unused land

Despite being an early mover in Odisha's IT growth, Wipro has been slow in expanding its Bhubaneswar centre for which it had been leased out 26 acres at an IT park in the city

Wipro board to consider equity share buyback proposal on April 16

This will be the third such buyback by the Bengaluru-headquartered firm

Premji family continue to hold voting rights on 34% of Wipro shares

Foundation to receive economic benefits of 67% stake

Azim Premji Trust sells over 26.6 mn Wipro shares on BSE, stock sheds 4.5%

The company however, did not disclose further details of the transaction

Wipro shedding low-margin and non-core units to match its peers

The company has divested or rejigged four such units, the latest being the sale of two of its cloud-based personnel resource solutions to US-based Alight Solutions

Wipro to sell part of its Appirio business to Alight for $110 million

Workday and Cornerstone OnDemand were part of Wipro's $500 million acquisition of Appirio in 2016.

Wipro to expand presence in Saudi through tie-ups with local companies

The company already has 1,200 IT professionals working in Saudi Arabia

Sebi grants exemptions to Wipro over planned buyback programme

Wipro in November 2018 had filed an application with the Sebi to seek exemption from the strict enforcement of the buyback norms for the merger of its four wholly-owned subsidiaries with itself

Wipro boosts local hiring to ramp up delivery in onshore locations

IT firm pursues localisation drive in US, Europe and Australia, also doubles campus hiring in India this year with demand uptick

Wipro hits highest level since March 2000; jumps 12% in seven days

The stock was up 2% at Rs 353, trading at its highest level since March 8, 2000 on the BSE.

Here's why Wipro slipped 3% despite posting 30% YoY growth in Q3 profit

While there was no change in demand trends, Wipro's guidance factors potential impact from the ongoing macro uncertainties in the US and Europe, observe analysts at Motilal Oswal Financial Services.

Wipro nears 52-week high ahead of board meet for bonus issue, Q3 results

The stock was up 1.5% at Rs 341 trading close to its 52-week high of Rs 344 hit on December 13, 2018 on the BSE in intra-day trade.

Wipro rallies 6% as board mulls bonus issue of shares

The stock rallied 6 per cent to Rs 332 on the BSE after the company announced that its board will consider bonus issue of shares in its meeting on January 17-18, 2019.

Wipro board to consider share buyback proposal, may follow industry peers

Tata Consultancy Services, Infosys and HCL Technologies have announced buyback of shares in the current financial year for the second consecutive time.

This is how Wipro looks to 'WIN' the automation solutions race

Partners with global giants Rockwell, Mitsubishi to build $100-mn business from automation solutions

Wipro sets up automotive innovation centre in Detroit to expand footprint

Wipro's new automotive innovation center will develop and showcase cutting-edge solutions

Wipro Lighting bets on global partnerships for smart lighting solutions

The company is also making efforts to commercialise Li-Fi technology in India, wherein lights beam internet connectivity

Wipro Q2 profit dips 13.8% YoY to Rs 18.86 bn, misses Street estimates

Revenues in line backed by Alight deal

Large deals help create a revenue momentum, says Wipro CFO Jatin Dalal

Overall, we are quite happy with our order book momentum as well as the quality and type of deals we are signing, he added

Wipro sees challenges in US healthcare biz amid Obamacare uncertainties

Wipro has previously said uncertainty around Obamacare has pushed healthcare insurance clients to defer major investments