Exclusive: Wipro to lay off hundreds of mid-level employees to improve marginsWipro is cutting mid-level roles to improve margins. It bought Capco for $1.45 billion, Delaporte's biggest bet. Job cuts are part of the '...
31 Jan, 2024, 11.51 AM IST
I was brought in to transform, take tough decisions: Wipro CEO Thierry DelaporteIn an exclusive interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal, Delaporte said the company is taking bold bets ...
05 Jun, 2023, 09.52 AM IST
Wipro launches financial services capability in IndiaCapco, Wipro's subsidiary, will supplement its presence in the Indian financial services sector to jointly offer end-to-end transformation ...
02 Nov, 2022, 07.48 PM IST
In Q2, Wipro will hit $10-billion revenue & gear up for next stage of growth: Thierry Delaporte“In Q1, we are seeing very modest growth in APMEA (Asia Pacific, Middle East and Africa) and we should start to see a little more growth th...
16 Jul, 2021, 02.34 PM IST
If I am a little ahead of the plan to beat rivals, that's okay: Wipro CEO DelaporteThe company is working “very hard and we are executing on our strategy,” Delaporte told ET’s Alnoor Peermohamed & Raghu Krishnan in an inte...
16 Jul, 2021, 06.00 AM IST
Wipro raises forecast after completing Capco acquisition, to grow 8-10% in Q1Wipro now expects revenue of $2.32-2.37 billion for the April-June quarter, compared with the guidance of $2.19 billion to $2.23 billion gi...
01 May, 2021, 09.26 AM IST
TCS ready to disrupt global consulting business, in an organic wayAs the lines between consulting and technology services get increasingly blurred, it’s up to companies like TCS to provide end-to-end solut...
13 Apr, 2021, 05.29 PM IST
Wipro secures $1 billion ‘club loan’ to fund its Capco acquisitionThe Wipro-Capco deal is the boldest bet by Wipro Chairman Rishad Premji and CEO Thierry Delaporte as the duo look to shed the company's ima...
11 Apr, 2021, 08.09 PM IST
The week that was in 10 stocks: IDBI Bank, Tata Power surge; auto stocks among biggest losers10 stocks that were in focus during the last week
14 Mar, 2021, 03.44 PM IST
Minister's mixed messagesElsewhere in today's ETtech Evening Briefing: Deliveroo kicks off London IPO; Headwinds for Wipro-Capco deal; Google aims to support a mill...
08 Mar, 2021, 10.09 PM IST
What the Wipro-Capco deal means for Indian ITThe Wipro-Capco deal would help Indian IT companies break into the big consulting league dominated by McKinsey and Bain & Co. They will now...
06 Mar, 2021, 09.25 AM IST
Most brokerages maintain neutral view on Wipro post Capco dealBrokerages said they will watch out for signs of smooth integration of this acquisition before cheering the deal.
05 Mar, 2021, 02.50 PM IST
Wipro's $1.45 billion buyout is unlikely to give its stock price a lift. Here's whyAnalysts noted that the acquisition will dilute Wipro IT services EBIT margins by 200 bps in the first year, a large component will be a no...
05 Mar, 2021, 02.47 PM IST
Wipro to acquire UK’s Capco for $1.45 billionAnnouncing the all-cash deal, which ranks among the largest acquisitions by an Indian IT services company, the Bengaluru-headquartered IT m...
05 Mar, 2021, 09.43 AM IST
ETtech Morning Dispatch on March 5, 2021: Dream Sports bucks IPO trendHere's a look at the top tech news to start your day.
05 Mar, 2021, 09.30 AM IST
Wipro to acquire UK-based Capco for $1.45 billionThe Wipro-Capco deal, among the biggest buyouts in the Indian IT space, marks the fourth acquisition by the Bengaluru-based firm since July...
05 Mar, 2021, 04.14 AM IST
Capco India appoints Neelam Sharma as head of human resourcesSharma will be responsible for HR strategy, organisation culture, HR governance, HR transformation through digitalisation and automation, I...
15 Oct, 2020, 04.32 PM IST