Page 37 - Wipro

Wipro receives threat mail demanding Rs 500 crore in bitcoins

Analysts say such threats may hardly impact the operational activities of company

Wipro unveils new brand identity, changes logo

Wipro on Tuesday said the company changed its logo and unveiled its new brand identity. The new identity, along with the logo, would mark Wipro's emergence as a trusted digital transformation partner to clients, delivering at global scale with increasingly localized capabilities, and leveraging hyper-automation, robotics, cloud, analytics, cognitive and emerging technologies.While the new logo represents the way Wipro "connects the dots" for its clients integratingdeep technology and domain expertise, applying insights from across industries, and consistently delivering world-class integrated, end-to- end capabilities and services, it also highlights the company's strong technology heritage and reflects capabilities for the future."Our brand identity is a visual expression of what we do and mean, for our clients. And this is directly energized by our values. The values are our core and our beacon, the bedrock of our culture. Our re-articulated values connect and resonate deeply with .

Why Wipro continues to trade at discounted valuations to its peers

Backed by revenue contribution from the Appirio (US-based) buyout, Wipro managed to deliver in-line constant currency revenue growth of 1.7 per cent on a sequential basis for the March quarter (Q4). Healthy growth in key verticals of finance solutions, manufacturing and technology and consumer business fuelled revenues of the company in Q4. Among other positives is operating profit margin, which at 18.3 per cent came in higher than street expectations of 17 to 17.7 per cent. While the number was stable on a sequential basis, it was aided by higher employee utilisations as well as healthy revenue growth. Both its key markets namely the US and Europe also grew at a healthy clip in Q4 and aided top line. Lastly, its net profit grew 7 per cent sequentially to Rs 2,261 crore and was well ahead of Bloomberg consensus estimate of Rs 2,123 crore aided by lower interest costs as well as tax rates. However, investors should take note of the headwinds at the industry (visa issues, etc) as well ..

Wipro top gainer, up 3% after company announces bonus issue

The stock was up 3.6% to Rs 513 on BSE in early morning trade

Wipro Q4 profit flat at Rs 2,276 cr, says local hiring to offset visa woes

Board approves bonus issue in the ratio of 1:1; standalone net rises 20% on sequential basis

Q4 results: Healthcare, weak retail hits Wipro's growth forecast

Wipro said hat its consolidated net profit grew 0.4% to Rs 2,267 crore

Wipro growth forecast hit by healthcare, weak retail spending in US market

Wipro said hat its consolidated net profit grew 0.4% to Rs 2,267 crore

In Q1, more than 50% employees to be locals in US: Wipro

Wipro has been investing significantly in the US towards increased hiring

Wipro Q4 results out today: Five key things to watch out for

Unlike its rivals like TCS and Infosys, Wipro has been stepping up digital technology skills

After 'rigorous performance appraisal', Wipro sacks nearly 500 employees

The move comes even as Indian IT firms have reduced campus hiring

Wipro sacks about 600 employees post performance appraisal

Speculations are rife that number could go as high as 2,000 after its 'rigorous appraisal process'

Wipro to see InfoSERVER contribution in business from Q1

Wipro said its recent acquisition InfoSERVER, a Brazilian technology service firm, would start contributing to the company business from the first quarter of this fiscal. "We would like to inform that the acquisition of InfoSERVER S. A. has been completed on April 10. The impact of this acquisition is expected to reflect in the financials of the company for the quarter ending June 30," said the company in a BSE filing on Tuesday. Wipro, India's third largest IT services firm, aims to strengthen its business in Latin America by acquiring this firm. With a strong presence in Brazilian market, InfoSERVER provides custom application development and software deployment services.The $8.7 million (Rs 58 crore) worth acquisition deal has been closed in less than three months ever since signing of agreement. The Bengaluru-headquartered software major believes this deal will help it expand presence particularly in Brazil and the entire Latin American region as two-decade old InfoSERVER ...

Wipro is opening an automotive engineering centre in the US

The centre in Detroit will work on vehicle concepts spanning design, product engineering etc

Wipro to offer automotive engineering services in Detroit

India's third largest software exporter has set up an automotive engineering centre in Detroit, joining its local rivals TCS and HCL to tap into local talent and access to auto customers for projects on connected cars in the US auto hub. Wipro will work with tier I vendors of auto firms such as General Motors and Ford to build and support technology development for connected cars. It will serve as a hub to support the automotive engineering and technology needs of original equipment manufacturers. The centre, which is set up in line with the company's vision to build a global network of delivery centers, will focus on design, product engineering, digital customer-vehicle experiences, and sensors-driven advanced vehicle data analytics. "This centre will leverage local talent for delivering product design and supporting the development and validation of automotive cockpit electronic products," said a company spokesperson. "This centre, located in the automotive hub of Detroit, will .

Wipro: Balancing M&A and shareholder returns

Analysts say the company has ramped up acquisitions during the past one year

Communication with shareholders vital for smooth execution: Rishad Premji

He said Wipro's organisational flexibility helped close the Appirio acquisition deal in four weeks

Sustainability is a practice and not curriculum: Azim Premji

Interview with the chairman of Wipro

Wipro makes undisclosed investment in business commerce platform Tradeshift

The deal was made by Wipro's investment arm Wipro Ventures

Growth worries for Wipro

The company needs to address pressures in order to catch up with its peers on revenue growth

We have put in the basic ingredients to execute well: B M Bhanumurthy

B M Bhanumurthy speaks to Alnoor Peermohamed and Raghu Krishnan