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Wipro bonus issue

18 Oct 2024

Wipro 1:1 Bonus Issue Announced; What About Record Date?

Wipro reported 6.8 percent quarterly growth and 21.3 percent annual growth. The company's net income in the July-September period (Q2 FY25) was at Rs 3,209 crore.

Thierry Delaporte

23 May 2024

Wipro's Ex-CEO Thierry Delaporte Becomes Highest Paid Indian IT CEO For FY24

In addition to his salary and commission he received 7 million dollars in additional payments and over 4 million dollars in long-term compensation.

10 May 2024

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.

06 May 2024

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.

22 Apr 2024

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.

20 Apr 2024

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.

06 Apr 2024

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.

31 Jan 2024

Wipro To Fire Hundreds Of Mid-Level Employees To Improve Profit Margins

Wipro plans mid-level layoffs at onsite locations to boost profits amid industry competition challenges.

25 Jan 2024

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.

25 Jan 2024

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.

15 Jan 2024

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.

Infosys Founder Narayana Murthy

14 Jan 2024

Did You Know: Infosys Boss Narayana Murthy Faced Job Rejection By Aziz 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.

12 Jan 2024

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.

06 Nov 2023

Following TCS and Infosys, Wipro Implements Big Changes In Hybrid Work Policy

Indian IT company Wipro has announced that all employees must work from office at least 3 days each week starting from November 15.

18 Oct 2023

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.

22 Sep 2023

Who is Aparna Iyer, New Wipro CFO? Meet The Woman Who Takes Over Wipro Reins

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.

21 Aug 2023

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.

16 Aug 2023

From Oil Maker To Global IT Giant: How This Indian Company Turned In 75 Years

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.

16 Aug 2023

Wipro Chairman Rishad Premji Unveils Old Photograph Of His Grandfather

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.

20 Jun 2023

This Gujarati Billionaire Remains India's Top Philanthropist, Its Not Ambanis

The Azim Premji Foundation was founded in 2000 with the intention of facilitating universal access to basic education. In 2014, the Azim Premji Philanthropic Initiatives division was established. Its goals are to give not-for-profit organisations financial assistance through multiyear grants.

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