Page 35 - Wipro

Wipro dips 5% on weak revenue guidance for Q1FY19

The stock dipped 5% to Rs 274 on the BSE after the India's third-largest IT services company gave a disappointing revenue growth guidance of -2.3% to 0.1% in CC for Q1FY19.

We'll acquire new biz for skills we can't build internally, says Wipro CFO

If one looks at Wipro's M&A history, only one or two have not done well for every six or seven deals, says Jatin Dalal

Wipro sells 63% stake in airport IT services JV to Antariksh Softtech

Wipro Airport IT will continue to outsource IT services of the airport to Wipro as per the existing arrangement

Wipro opens tech centre in Texas for advanced analytics, to grow headcounts

The Texas technology center which will initially employs around 150 people, is focused on developing capabilities in new and emerging technologies

Wipro shares hit 8-month low, slip 4% in intra-day

The stock trading 4% lower at Rs 274, extending its past two days 3% decline on the BSE.

Wipro to sell hosted data centre business to US firm Ensono for $405 mn

As a part of this deal, the Bengaluru-headquartered company will transfer eight data centres and 900 employees including those who support the operations out of India, to Ensono

Wipro to set up Rs 2.2 billion manufacturing unit in Telangana

Telangana Minister for IT and Industries KT Rama Rao suggested that there are many other business opportunities that Wipro can explore in the state

Wipro will miss opportunity if 100% of revenue is not digital in 3 yrs: CEO

There is a feeling that Indian IT firms need to improve their capabilities to compete with global players in the digital businesses: Abidali Neemuchwala

Wipro unveils affordable integrated home automation system for smart home

The system enables the user to transform any ordinary home into a smart home, where the complete household can be controlled from any smart devices, anywhere in the world

We are approaching the US market very systematically: Wipro president & COO

Reskilling and acquiring newer skillsets is helping us to cater to all sorts of opportunities, says Wipro's Bhanumurthy B M

Wipro to expand operations in London, to set up third office

Pod is purpose-built for Wipro's digital strategy, design and engineering teams to work in a collaborative and adaptive workspace, along with clients

Wipro: Not yet on the recovery path

Wipro's performance is within the company's own guidance of -0.2 to 1.5 per cent growth

Captives expanding in India is good for us: Wipro

IT service major Wipro says the rise in captives expanding their operations in India is an opportunity that would help deepen relationships with clients and offer services and solutions at competitive costs.India is witnessing a second wave of global firms looking to expand their captives and cut outsourcing to vendors such as Wipro as they look to build in-house capability in areas such as digital, analytics and cloud. This, they feel is core to their business which they want to retain instead of depending on third party vendors to deliver.Wipro said they would not look at competing with clients when they set up captives in India to reduce dependency on outsourcing rather "supplement" them in ensuring the same customer experience and cost benefit especially where they co-create. A lot of clients of Indian services companies such as Wipro, Infosys have of late started insourcing certain key technology services through their own technology units in India and the size of the market is ..

Wipro turns ex-date for share buyback; stock down 5% intra-day

Wipro has fixed September 15, 2017 as the record date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.

Wipro to contribute $250,000 towards rebuild Texas fund

Wipro employs over 1,200 people in Texas, with major operations in Dallas and Houston

Wipro: Prospects bright on better margins

But analysts cautious on valuations, given muted near-term growth

Wipro bags 5-year IT contract from global steel maker Outokumpu

The IT major will provide applications management services for Outokumpu's SAP landscape

Wipro gains after shareholders approve Rs 11,000 cr buyback proposal

Last month, the Bengaluru-based firm had said it will purchase up to 34.37 crore shares at Rs 320

Wipro bags five-year contract from Bangladesh's Grameenphone

Wipro said it has bagged a five-year IT infrastructure and applications managed services contract from Bangladesh's telecom major Grameenphone Ltd. Wipro, India's third largest IT services firm, would manage the complete IT landscape for Telenor Group-owned Grameenphone leveraging its artificial intelligence platform Wipro HOLMES and as part of the contract the company would own end-to-end application development and management, infrastructure support and maintenance and back office processes for the telecom firm. The company said it would be setting up a new delivery centre in Bangladesh."This engagement will leverage both our domain expertise and industry leading AI platform- Wipro HOLMES. Telenor is a strategic client for us and this engagement further strengthens our relationship with Telenor," said Anil K Jain, senior vice president & Global Head, Communications Business Unit, Wipro."We selected Wipro as the partner to offer managed services for Grameenphone based on a ...

Wipro's bets on digital start to pay off

The focus on cloud and artificial intelligence is working, but Wipro still has a long way to go