Page 2 - Wipro

Wipro sets up facility for Claude models to accelerate enterprise AI

The new centre will focus on accelerating enterprise AI adoption, building specialised talent and developing AI-native platforms and industry solutions across sectors

IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment

Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions

Wipro share buyback opens Thursday; stock hits 6-yr low, down 14% in 1 week

Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.

Wipro buyback opens on June 11; here's everything investors need to know

According to the company's regulatory filing, Wipro's board has approved the repurchase of up to 60 crore fully paid-up equity shares with a face value of ₹2 each.

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why

Thus far in the calendar year 2026, the market price of TCS tanked 33 per cent, as compared to 11.5 per cent fall in the Nifty 50.

Wipro shares tank 7% amid heavy volumes on buyback record date

According to data compiled by Bloomberg, 1.74 million shares were traded in multiple blocks on buyback record date

IT major Wipro CEO Pallia's salary down 15.7% to $5.29 million

The decline in Srini Pallia's compensation was primarily due to lower variable pay, as IT firms continue to navigate a challenging demand environment

Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million

The additional investment in the insurance technology firm is expected to strengthen Wipro's AI- and IP-led transformation capabilities in the property and casualty segment

SaaSpocalypse unlikely as guidance, EPS robust despite AI fears: CLSA

CLSA found that most SaaS companies have either maintained or increased their revenue and margin guidance for the upcoming fiscal year and beaten consensus EPS

Wipro rises 5% on expanded ServiceNow tie-up to scale agentic AI workflows

The buying on the counter came after Wipro announced an expanded partnership with ServiceNow to implement and scale agentic artificial intelligence (AI) workflows across core enterprise function

Stocks to Watch today: RIL, Lupin, Wipro, Asian Paints, Ireda, Tata Elxsi

Stocks to Watch today, May 29, 2026: Ashok Leyland, Alkem Laboratories, PhysicsWallah, GMR Airports, InterGlobe Aviation, NMDC, and Glenmark Pharma are among the top stocks to remain in focus today

Allahabad HC quashes labour law case against Wipro chairman Azim Premji

The Lucknow bench of the Allahabad High Court on Wednesday quashed criminal proceedings against Wipro chairman Azim Premji and other senior company officials, initiated in connection with alleged violations of labour laws. The court also set aside the summons issued by a magistrate court in the matter. The order was passed by Justice Jafeer Ahmad on a petition filed by Premji and others. The case originated from a complaint filed by the labour department, alleging non-compliance with labour laws at Wipro's Ghaziabad office. Acting on the complaint, a local magistrate court issued a summons to Premji and a few other company officials, following which the order was challenged before the high court. In its judgment, the high court observed that in matters relating to technical violations of labour laws, top executives, such as a company chairman, cannot be held criminally liable unless there are specific allegations showing their direct involvement. The court noted that the complain

Wipro fixes June 5 as record date for ₹15,000 crore buyback; stock gains 3%

Wipro has set the buyback price at ₹250 per share, implying a premium of 23 per cent over the stock's previous closing price of ₹203.11 per share

Wipro's long wait for a turnaround continues after more than a decade

Srini Pallia, the insider leading the company, is focusing on large deals to boost revenue

BSE could replace Wipro in Nifty 50 at September 2026 rejig: Quiddity

BSE may attract passive inflows of about $639 million if included in NSE's flagship Nifty 50 index during the September 2026 rebalancing, says Quiddity Advisors

Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows

In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.

Slower growth, tougher macro jeopardise salary hike cycles for IT cos

Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector

Near-term growth, margin triggers missing in Wipro's Q4 FY26 results

Stable margins and deal wins offer support, but weak guidance, BFSI slowdown and slow deal conversion weigh on near-term outlook

Wipro down 4% post Q4; muted Q1 guidance, delayed ramp-ups spook investors

The selling on the counter came after Wipro posted its January-March quarter (Q4FY26) results on Thursday, after market hours

Wipro Q4 results: Net profit dips 1.9%, signals weak growth outlook

Wipro reports marginal Q4 profit decline and muted revenue growth, flags weak Q1FY27 guidance amid geopolitical uncertainty and slow ramp-up of large deals