Wipro Ltd News

The Board has not recommended any final dividend. The interim dividend of Rs 1 declared by the board at its meeting held on January 14, 2020 shall be considered as the final dividend for the financial year 2019-20. Thus, the total dividend for the financial year 2019-20 remains Rs 1 per equity share. 

Consolidated profit rose to 20.83 billion rupees ($323.35 million) for the three months to June 30, Wipro said in a statement.

IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.

This investment is in line with Wipro's strategy to participate in the external innovation ecosystem, for which the company has set up Wipro Ventures.

HealthPlan Services employs over 2,000 associates. It offers technology platforms to health insurance companies (payers) in the individual, group and ancillary markets.

The city-headquartered Wipro group has global IT services, consumer care and lighting, aerospace and healthcare systems business with the US-based GE, among others.

Three major Indian IT companies - Infosys, Tata Consultancy Services and Wipro - have joined US President Barack Obama's ambitious computer science for all initiative as part of a public-private collaboration, pledging over USD 3 million in grants.

Major companies slated to announce their December-quarter results this week include Kotak Mahindra Bank, Wipro, Reliance Industries, Axis Bank, HCL Technologies, UltraTech Cement, Idea Cellular, Cairn India and ITC.

Country's third largest software services firm Wipro Wednesday said it will acquire German IT consulting firm cellent AG for 73.5 million euros (about Rs 518 crore).

Software major Wipro Saturday announced realigning its global media and telecom business after its chief executive Ayan Mukerji resigned from the top post to pursue another career.

Hair-care player Hygienic Research Institute (HRI) Monday said Wipro chairman Azim Premji's investment firm has invested Rs 216 crore in it.

A day after HCL Technologies signed a deal with Manchester United, India's leading IT service provider Wipro Ltd on Thursday signed a deal with another Premier League club Chelsea FC for digital media strategy.

In line with rivals TCS and Infosys, country's third largest software services firm Wipro today said it has set up a team of 200-250 professionals as part of its efforts to ramp up revenues from digital services.

Country's third-largest software services firm, Wipro Thursday reported four percent rise in net profit at Rs 2,187.7 crore for the June quarter, broadly in line with street expectations.

Wipro Thursday said it will acquire global strategic design firm Designit for 85 million euros (about Rs 595 crore), a move aimed at strengthening the digital services business of the country's third largest software services company.

Wipro Chairman and IT czar Azim Premji's compensation fell by more than half to USD 7,67,685 (about Rs 4.90 crore) in the last fiscal, while that of company's CEO T K Kurien stood at USD 1.46 million (about Rs 9.3 crore) during the year.

IT major Wipro Ltd Tuesday elevated its Chairman Azim Premji's son Rishad to the company Board in an apparent succession planning on a day it posted 2.1 percent increase in March quarter profits.

Shares of Wipro Ltd gained as much as 7.8 percent on Monday after the India`s third-largest IT services exporter on Friday reported better-than-expected growth in December-quarter net profit.

In nearly two-year old insider trading case in shares of IT major Wipro, SEBI Wednesday slapped a penalty of Rs 5 lakh on a senior executive of the IT major at that time.

Country's third largest software services firm Wipro on Thursday said three of its independent directors BC Prabhakar, Shyam Saran and Henning Kagermann will leave the company's Board.