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Wipro News

16 Apr 2025

Wipro Q4 PAT Up 26% To Rs 3,569.6 Cr; Expects Up To 3.5% Drop In IT Rev

It had reported a profit (attributable to equity holders of the company) of Rs 2,834.6 crore in the year-ago period.

17 Jan 2025

Wipro Logs Over 24% Increase In Net Profits In Oct-Dec Quarter

Wipro Limited today announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2024.

30 Dec 2024

Stock Market Closes In Red; Sensex Drops 450 Points, Nifty Ends Below 23,650

Among Nifty companies, only 11 stocks advanced while 38 ended in the red. Adani Enterprises, Tech Mahindra, HCL Technologies, IndusInd Bank, and Shriram Finance emerged as the top gainers.

10 Dec 2024

Stock Market Closes Flat On Tuesday: Sensex Inches Up, Nifty Slips

Stock Market Today: Among the top gainers were Shriram Finance, Bajaj Finserv, HCL Technologies, Wipro, and Infosys, which supported the indices amid cautious trading.

Wipro bonus issue

18 Oct 2024

Wipro 1:1 Bonus Issue Announced; What About Record Date?

Wipro reported 6.8 percent quarterly growth and 21.3 percent annual growth. The company's net income in the July-September period (Q2 FY25) was at Rs 3,209 crore.

Thierry Delaporte

23 May 2024

Wipro's Ex-CEO Thierry Delaporte Becomes Highest Paid Indian IT CEO For FY24

In addition to his salary and commission he received 7 million dollars in additional payments and over 4 million dollars in long-term compensation.

10 May 2024

IT Company Wipro Appoints Vinay Firake As CEO For APMEA Strategic Market Unit

Vinay Firake holds a Master's degree in Business Administration with a focus on Finance and a Bachelor's degree in Computer Engineering.

06 May 2024

Microsoft, Wipro To Launch GenAI-Powered Assistants For Financial Services

The solutions will also utilise Microsoft Azure Document Intelligence, which uses advanced machine learning to extract text, key-value pairs, and structures from documents.

22 Apr 2024

TCS Introduces 60% Office Attendance For Variable Pay Eligibility

Employees whose attendance is between 60-75 percent will be eligible to receive 50 percent of the variable pay.

20 Apr 2024

Wipro Q4 Net Profit Falls 7.8% To Rs 2,835 Crore

Wipro also recorded one of the highest declines of 24,516 in the headcount on a year-on-year basis to 2,34,054 during the just-ended fiscal year.

06 Apr 2024

Wipro CEO Thierry Delaporte Steps Down; Srini Pallia To Take Over As New CEO

Delaporte, aged 56 and originating from France brings with him thirty years of experience in the global IT industry.

31 Jan 2024

Wipro To Fire Hundreds Of Mid-Level Employees To Improve Profit Margins

Wipro plans mid-level layoffs at onsite locations to boost profits amid industry competition challenges.

25 Jan 2024

Sensex Declines 359 Pts On Selling In IT shares, Foreign Fund Outflows

Benchmark Sensex dropped 359 points as Nifty closed below 21,400 due to IT sell-off and foreign fund outflows. Global factors and weak corporate results influenced the decline.

25 Jan 2024

Azim Premji Gifts Rs 500 Crore Worth Wipro Shares To Sons Rishad And Tariq

On January 23, Azim Premji transferred over 51 lakh shares each to his sons, Rishad Premji, who is the chairman of Wipro, and Tariq Premji, serving as Wipro Enterprises non-executive director.

15 Jan 2024

Wipro Shares Jump Nearly 14% Post-Q3 Earnings; Mcap Climbs Rs 18,168 Cr

Wipro's competitor Infosys posted a 7.3 percent decline in net profit, while Tata Consultancy Services and HCL reported an 8.2 percent and 6.2 percent increase in consolidated profit in the this quarter of the ongoing fiscal.

Infosys Founder Narayana Murthy

14 Jan 2024

Did You Know: Infosys Boss Narayana Murthy Faced Job Rejection By Aziz Premji

In 1981, undeterred by the rejection, Narayana Murthy founded Infosys with six friends and a humble Rs 10,000 seed money provided by his wife, Sudha Murty.

12 Jan 2024

Wipro Net Profit Falls 11.7% To Rs 2,694 Crore In December Quarter

The company's IT Services segment revenue dropped 4.5 percent on a year-over-year basis to Rs 22,150.8 crore during the reported quarter from Rs 23,196 crore during the same period of 2022.

06 Nov 2023

Following TCS and Infosys, Wipro Implements Big Changes In Hybrid Work Policy

Indian IT company Wipro has announced that all employees must work from office at least 3 days each week starting from November 15.

18 Oct 2023

IT Giant Wipro Reports Flat Net Profit In Q2 Amid Global Economic Uncertainty

The Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are reducing spending on discretionary IT projects amid steep inflation that has resulted in higher interest rates.

22 Sep 2023

Who is Aparna Iyer, New Wipro CFO? Meet The Woman Who Takes Over Wipro Reins

Aparna Iyer has spent over 20 years at Wipro, having been an integral part of Wipro's finance transformation and playing a key role in financial strategy and planning, investment programmes.

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