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WIPRO FINANCIAL TRANSACTION
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
BSE loses ‘cheap’ tag post 80% rally in one year. Can Q4 performance, NSE IPO drive rerating?Shares of BSE have surged nearly 80% in a year, backed by strong derivatives growth and operating leverage. Experts see Q4 earnings and the...
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
Wipro steps up dealmaking with Olam: Here are its other acquisitionsThe dealmaking is aimed at bolstering its capabilities in engineering, consulting, and AI-led services amid a muted demand environment.
Wipro says Applied Value Technologies Pte transaction to be completed by January 31Wipro announced that the acquisition of Applied Value Technologies is now expected to be completed by January 31, 2025. Although transactio...
Wipro and Oracle launch tollway transportation and billing solutionWipro in partnership with Oracle, today launched Wipro Tollway Transportation and Billing solution to improve commuters’ experience while i...
Wipro near day’s high as it reaches settlement with the US SECShares of Wipro gained momentum and were near day’s high on reaching a settlement with the US Securities and Exchange Commission.
Wipro settles with SEC on accounting issueWipro is learnt to be nearing a settlement with the US SEC on the private investigation that the latter began last year on the appropriaten...
The US Securities and Exchange Commission probes Wipro's auditsThe US Securities and Exchange Commission (SEC) has launched a private investigation against Wipro to ascertain the independence of its aud...
Wipro wins large technology outsourcing contract worth Rs 2,900 crore from CitigroupThe last large contract Wipro won from Citigroup was in 2008, when it acquired Citi Technology Services for $ 127 million.
- SEC asks Wipro to prove its auditor KPMG India's independence
SEC has asked Wipro to prove independence of its auditor KPMG India, failing which the co may have to appoint new auditors or get its books...
- Wipro back on BPO deal street with $50-m chest
More than four years after it acquired Spectramind, Indian IT services giant Wipro is scouting for buy-outs of up to $50 million in healthc...
- Wipro buys key 3D Networks, Planet PSG operations
Wipro Infotech has announced the acquisition of India, Middle East and SAARC operations of 3D Networks and Planet PSG in an all-cash deal.