Page 6 - Wipro

Wipro Q3 results: Net profit jumps 24.4% to Rs 3,354 cr; revenue up 0.5%

Wipro Q3FY25 results: The Company has declared an interim dividend of Rs 6 per equity share with a face value of Rs 2 each

Nifty IT index slips 3%; Infosys, LTIMindtree slip up to 6% post Q3 results

According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery

Q3 results today: Wipro, Tech Mahindra among 40 to post earnings on Jan 17

Q3 FY25 company results Jan 17: Wipro, Tech Mahindra, ICICI Lombard, Jio Financial Services, and SBI Life Insurance Company will release their earnings report for the Oct-Dec quarter today

Wipro Q3 preview: Net profit may jump up to 16% YoY, revenue to remain flat

Wipro's Q3 performance is expected to reflect seasonal furlough impacts, client-specific challenges, and currency headwinds

AI moves beyond hype to reality at scale, set to deliver biz value by 2025

Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability - who is liable if an accident or mishap occurs due to the use of AI. As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. "We are working towards a future where AI is integrated seamlessly into everyday operations beyond

Wipro names Ranjita Ghosh as global chief marketing officer effective Feb 1

IT company Wipro on Monday said it has appointed Ranjita Ghosh as its new Global Chief Marketing Officer (CMO), effective February 1 next year. Ghosh takes the chair from Laura Langdon, who has decided to explore career opportunities outside Wipro, a company statement said. Previously CMO of Wipro's Asia Pacific, Middle East & Africa (APMEA) strategic market unit, Ghosh will now lead all marketing activities for Wipro across its geographies. She will report to the Chief Strategist & Technology Officer Hari Shetty. With about two decades of experience in the global technology services industry, she has held various roles in sales, business development, growth marketing, buyer experience, and ecosystem partnerships. Additionally, she has managed marketing for several high-value portfolios and led teams across North America, Europe, and Asia-Pacific. Shares of Wipro settled at Rs 307.90 apiece on the BSE on Monday, 0.90 per cent higher than the previous close.

Cloud, AI will become synonymous in 2025: Wipro FullStride Cloud's Debecker

Debecker spoke about Cloud services and artificial intelligence and how Wipro is preparing to be an AI-powered firm

AIIMS, Wipro GE Healthcare sign MoU to establish AI health innovation hub

The hub will focus on developing products and solutions to enhance healthcare delivery and outcomes through precise diagnosis

Nifty IT hits life high, tops 46,000; why are IT stocks in demand today?

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices

Nifty IT index hits record high on December 10: Here's what drove the rally

By 11:11 AM, the Nifty IT index had come off its peak but was still trading 0.82 per cent higher at 45,199.40. In comparison, the broader Nifty50 index was up a modest 0.11 per cent at 24,646.30

Wipro Bonus Issue: Share trades range-bound; check record date, eligibility

Wipro shares were in the spotlight as they traded ex-date today for the company's announced 1:1 bonus issue. Check the record date and your eligibility for participation in the bonus payout

Equity boom spurs shareholder activism, reshapes corporate boardrooms

Large investors now assert their right to have a say in investee companies, underscore analysts

Wipro Enterprises' revenue rises 10% to Rs 16,902 cr in FY24; profit up 35%

Azim Hasham Premji-led Wipro Enterprises has said its consolidated revenue from operations increased 9.8 per cent to Rs 16,902 crore in the financial year ended March 2024 while its profit jumped 35 per cent to Rs 1,903.1 crore According to an RoC (Registrar of Companies) filing, its total income, including other income, stood at Rs 17,761.3 crore in FY24, up 11.2 per cent from FY23 figure. Wipro Enterprises Pvt Ltd had reported a revenue from operations of Rs 15,387.8 crore and a profit of Rs 1,410.1 crore a year before in FY23, according to financial data accessed through business intelligence platform Tofler. As of March 31, 2024, Azim H Premji held 77.65 per cent stake in the company and the rest 21.84 per cent was owned by the Azim Premji Trust. Wipro Enterprises is primarily engaged in the business of consumer care and home care products, food business, hydraulics, aerospace components, domestic and institutional lighting, commercial solutions, additive manufacturing, and ...

Chandan Taparia of MOFSL recommends buying these three stocks today

Wipro has broken out of a consolidation zone with a volume spike visible on the daily chart. Buying was visible across the IT Sector which may support the up move

Wipro brings in new Europe head Omkar Nisal to revive market amid slowdown

Europe, despite being Wipro's second-largest market after the United States, has been underperforming in recent years

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Coforge, Wipro, TCS, LTTS rally 11% in one month; Nifty IT hits record

The Nifty IT index hit an all time high on Tuesday, reaching 44,244.60 level, up 1.43 per cent intraday. Meanwhile in the last 30 days, the index has surged 5.24 per cent

Wipro appoints Omkar Nisal as CEO of Europe strategic market unit

IT firm Wipro on Monday said it has appointed Omkar Nisal as the chief executive officer for its Europe strategic market unit (SMU), with immediate effect. Nisal, who will also become a part of the Wipro executive board, will report directly to company CEO and MD Srini Pallia, according to a company statement. "Omkar's strategic vision, combined with a strong understanding of the European market dynamics, well positions him to lead our ambitious plans for growth and expansion. With a strong customer-centric approach, Omkar will help build a resilient and adaptable organisation poised for sustainable growth in the region," Pallia said. Based in London, Nisal has been a part of Wipro for over 12 years now. During his stint, he has led Wipro's banking-EMEA business, working closely with large and niche financial institutions across the UK, Europe, the Middle East, and Africa. This involved facilitating their digital transformation by emphasising customer journey redesign, enterprise ..

Wipro jumps 3% as board fixes record date for bonus issue; Check details

Wipro's board on October 17, 2024, approved the bonus issue in the proportion of 1 :1 which implies 1 bonus share of Rs 2 each for every 1 fully paid-up equity share held

Some jobs will disappear due to AI: Wipro Executive Chairman Rishad Premji

At a time when the 70-hour work week topic has sparked debate online, Premji also said that work-life balance is incredibly important for employees