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New Wipro CEO Srinivas Pallia reveals his five point plan to revive company’s growthIT services company Wipro on Friday reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter end...
Wipro Q4 Results Preview: Muted show likely once again, all eyes on new CEO’s growth roadmapWipro Q4 Results Preview: The company is projected to see its consolidated revenue remain stagnant compared to the previous quarter and dec...
Wipro's new hiker CEO Srinivas Pallia has a mountain to scaleSrinivas Pallia became the CEO of Wipro after Thierry Delaporte quit in a surprise move. Pallia said his immediate focus will be on support...
Former Wipro CEO Thierry Delaporte recaps his four-year stint in email to staffJustifying his work in an email to employees at Wipro, Thierry Delaporte said that the IT services major is seen as a “transformation partn...
Wipro picks minority stake in SDVerse with nearly $6-million investmentWipro, along with GM and Magna, have teamed up to develop a B2B sales platform for buying and selling automotive software. Prashant Gulati ...
Wipro acquires US insurtech firm Aggne Global for $66 millionWipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a s...
At just 150, global tech M&A deals splutter in March quarterThese deals were in the sectors of IT, business process management (BPM) and engineering research and development (ER&D) industries, said t...
Nifty's worst performer this year faces biggest fall since 2008. Rebound on cards?Once the darling of investors, shares of IT major Wipro have cracked 47% this year, making it the worst Nifty performer in 2022. Geopolitic...
Wipro Q2 growth: ET poll predicts 14% yearly revenue increaseWipro's net profit is expected to come at Rs 2,845 crore, down 3% on year. The revenue and profit are expected to climb 4.2% and 11.4% resp...
IT companies brace for muted growth, sustained margin pains in Q2Analysts will look for any impact due to cross-currency movement, especially due to a weaker European currency against the dollar, margin o...
Back to usual underperformance! What analysts are saying on Wipro's Q1 showWipro's Ebit margin at 15 per cent for the quarter was the lowest since September 2018. The IT major is likely to miss the 17-17.5 per cent...
Wipro Q1 preview: Profit may decline 2-5% YoY; Q2 CC revenue guidance likely at 2.5-4.5%Cross-currency movements remain adverse, which may weigh on reported dollar revenue and margins, Emkay Global said. This brokerage expects ...
Indian IT firms take M&A route to tap top talent, boost capabilitiesIT services companies are ramping up their M&A play, driven by a desire to add new capabilities and boost access to skilled talent. Analyst...
Acquisitions in underpenetrated spots, not looking at small targets: Wipro CFO Jatin DalalThe Bengaluru-based firm has been aggressively pursuing its inorganic strategy, with chief executive and managing director Thierry Delaport...
Buy Wipro, target price Rs 670: Emkay GlobalWipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 283642.31 Crore) operating in IT Software sect...
Stocks in the news: RIL, Bajaj Finance, Tata Motors, Wipro, HDFC Life and HULHUL, Bajaj Auto, Trent, HDFC AMC, Indian Hotels, Persistent Systems, Syngene International, Hatsun Agro, KPR Mills, IEX and Supreme Petroch...
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...