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Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
Wipro launches dedicated AI-native business and platforms unit amid a leadership shuffleWipro has launched a new AI-Native Business and Platforms unit. Nagendra Bandaru will lead this new division. Kanwar Singh, formerly of Acc...
Wipro leases over 1.45 lakh sq ft office space in Navi Mumbai’s Mindspace AiroliWipro has secured a large office space in Navi Mumbai's Mindspace Airoli East. The IT major will occupy 1.45 lakh sq ft on a long-term leas...
Companies go asset-light, put IT campuses on the blockIndia's companies are increasingly selling large IT campuses to optimize operational efficiency and embrace asset-light business models. Fi...
Wipro to sell office assets in Hyderabad, BengaluruThe country's fourth-largest IT firm recently implemented a compulsory hybrid work policy requiring employees to report to work from the of...
Wipro largest unsecured creditor of bankrupt VICE MediaAccording to filings, it also owes money to other companies that provide enterprise software services to the company, including Workday, Ad...
Wipro to acquire SAP Consulting firm Rizing for $540 millionRizing’s industry expertise and SAP consulting capabilities in enterprise asset management, consumer industries, and human experience manag...
Wipro CEO Abidali Neemuchwala steps downThe company said its board has initiated a search to find its next leader.
3 years on, Abidali Neemuchwala has several hits, and misses tooAs Wipro lags behind its peers, CEO says company needs a few more quarters to see faster growth.
Wipro to acquire India services of US-based Alight SolutionsWipro said the companies would aim to reshape the HR services industry by providing Alight’s clients with the breadth and depth of capabili...
Wipro in pact with Alight Solutions in automation pushWith 9,000 employees, the company has five offices in India across Gurgaon, Noida, Mumbai and Chennai.
How PremjiInvest became the top investment co from a quiet family officePremjiInvest which is said to be managing at least $3 bn of assets — predominantly in the public markets — is by far the largest family off...
Wipro sees opportunities in government's open source software driveWipro said the central government's drive to encourage adoption and use of open source software has thrown significant opportunities toward...
Premji Invest, Azim Premji's family office, participates in $106 million pre-IPO funding led by KPCBThe family office has participated in a $106-million (Rs 640-crore) pre-IPO round — led by Kleiner, Perkins, Caufield and Byers (KPCB) — in...
Now, leading IT firms like TCS and Wipro pay upfront to win big contractsAs leading IT firms now bid against global outsourcing firms, homegrown IT majors have started structuring deals to stay competitive.
Wipro bags 5-year deal from Majid Al Futtaim VenturesAs part of the engagement, Wipro will support the implementation of an ERP solution and provide managed services.
Wipro Infotech wins three-year contract from Emirates NBDWipro Infotech has won a three-year strategic managed services contract from Emirates NBD to deliver end-to-end service transition.
- Citigroup looks to sell internal technology platforms
Citigroup is now exploring sale of its internal tech platforms, bundled with outsourcing contracts worth $350 mn. Performance of IT cos I I...
- Wipro eyes more IT buys to beat slowdown
After buying Citi Technology Services (Citos), Wipro is now scouting for IT firms servicing oil, telecom and healthcare industries. Top IT ...