Page 15 - Wipro

IT major Wipro, Nvidia collab for artificial intelligence in healthcare

IT major Wipro on Tuesday announced a collaboration with NVIDIA to help healthcare companies accelerate the adoption of generative artificial intelligence (AI). Wipro will leverage NVIDIA's AI software for enterprises for the production of AI across its current portfolio of healthcare solutions in the affordable care act (ACA), Medicare, and Medicaid, the company said in a statement. Wipro Enterprise Futuring President and Managing Partner Nagendra Bandaru said the collaboration will allow the companies to deliver AI-enabled innovation for the healthcare industry at scale and drive healthcare solutions with advanced computing capabilities. The integration of these technologies with Wipro's Enterprise Generative AI (WeGA) framework will enable Wipro to co-develop and deploy custom models for speech and translation AI, as well as other LLMs.

Stocks to Watch today: Tata Motors, ZEE, Ashok Leyland, GIC, Aurobindo, HGS

Stocks to watch on Friday, November 10, 2023: Biocon, Hindustan Aeronautics, Hindalco, LIC, M&M, ONGC, SAIL and Tata Chemicals among prominent companies scheduled to announce Q2 results today.

Wipro may skip salary hikes for top performers with higher compensation

The move comes at a time when Wipro is dealing with a plethora of problems ranging from weak client spending to tough competition from larger rivals

Wipro asks employees to work from office thrice a week as Covid curbs eased

Companies have been reversing or modifying their "remote work" policies as Covid-19 pandemic-related restrictions wound down for reasons including better communication and collaboration among workers.

Wipro is not alone, several Indian IT companies are facing a CXO churn

As experts at predicting business and industry growth, some CXOs might decide to switch companies or even sectors, or explore newer markets, innovative offerings, and fresh business models

All Wipro solutions will be AI-powered in 6 months: MD & CEO Delaporte

Wipro is seeing rapid adoption of AI in sectors like healthcare, consumer, and financial services, with hi-tech and utilities following closely

Weekend Bites: More trouble in IT paradise, RBI's plans, and taxing expats

In which we munch over the week's platter of news and views

Deal volume remains strong but discretionary spending down: Wipro MD & CEO

Thierry Delaporte, chief executive officer and managing director, Wipro, talks about the demand environment, large deals pipeline, and acquisition strategy in an interview with Ayushman Baruah

Wipro Q2: Analysts cut EPS est, price targets to factor more revenue slide

Wipro Q2 results review: The stock took a hit and fell up to 4 per cent intra-day as brokerages lowered earnings estimates and trimmed price targets

Bajaj Auto, Wipro, Bandhan Bk: Trading strategies in stocks post Q2 results

Charts suggest that Bajaj Auto can potentially rally up to 7 per cent from present levels, while Bajaj Finance, Bandhan Bank and Wipro can tumble up to 21 per cent.

Wipro plans to join rivals in cutting new hiring as tech spending cools

Instead of the usual big recruiting push, Wipro said it would first take on people to whom it had already made offers but hadn't yet brought onboard

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.

Wipro posts flat Q2 profit, cuts Q3 revenue growth guidance on weak demand

The operating margin expanded 100 basis points to 16.1 per cent in the second quarter from 15.1 per cent in the year-ago period

Wipro Q2FY24 result: Net profit rises to Rs 2,667 crore; revenue down 0.1%

The company's gross revenue came at Rs 22,520 crore for Q2, a decrease of 0.1 per cent compared to the same qurater in the previous year

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Wipro likely to lag peers with dismal 1.3% yearly revenue growth in Q2FY24

Wipro Q2 results preview: Revenue is pegged to rise 1.34 per cent YoY to Rs 22,842 crore. This will be nearly flat against the June quarter

Midcap IT services company Mphasis appoints Ayaskant Sarangi as CHRO

Before joining Mphasis, Sarangi served as CHRO at Wipro Enterprises, where he led human resources functions

Wipro to acquire majority stake in Italy-based Ferretto Automation

Wipro Enterprises' industrial automation business Wipro Pari will acquire a majority stake in Italy-based Ferretto Automation & Services for an undisclosed amount. Wipro Pari, part of Wipro Infrastructure Engineering, has signed a definitive agreement to acquire a "significant majority share capital" of Ferretto Automation & Services, according to a joint statement. Ferretto Automation & Services is a subsidiary of Ferretto Group based in San Polo-Reggio Emilia. The financial details of the deal were not disclosed. "Ferretto Group continues to hold a minority participation in the project; Riccardo Ferretto will be the Chairman and Managing Director of the new company and will be responsible for the overall business activities," the joint statement said. Ferretto Automation & Services specialises in the design and manufacture of automated storage systems. It manufactures a full range of state-of-the-art intra-logistics automation solutions for all storage (ASRS ...

Wipro to roll out merit salary increases, effective by December 1

Wipro delayed the announcement by a quarter reportedly due to macro headwinds and margin pressure

Indian IT companies turn cautious as tensions escalate in West Asia

In Israel, Bengaluru-based firm Wipro has about 80 employees, all of whom are nationals of that country