Wipro said it was closing its offices for four weeks due the Omicron variant of COVID, and said it would add 30,000 fresh graduates in the year starting in April. “The safety of our employees remain our top most priority,” said CEO Thierry Delaporte. “With the rapidly spreading Omicron variant of the COVID-19 virus, we […]
Indian IT services provider Wipro Ltd said it has refreshed its 15-year engagement with Telefonica Germany with a focus on enabling new services in the 5G era. The program “will ensure that Telefónica Germany / O2 is well positioned to modernise and launch a range of new offerings including 5G products and services,” the Indian […]
IT and outsourcing major Wipro said it will take over the IT division of Germany-based wholesaler Metro AG in a deal that is expected to generate revenue of over Rs 1,000 cr per year for the Indian company. A total of more than 1,300 IT staff from Germany, Romania and India belonging to the wholesaler […]
Indian stock market regulator Securities and Exchange Board of India has given its approval to IT major Wipro’s plans to return around Rs 9,500 cr to shareholders via a buy-back. The company said in a notification that it will now send intimations to shareholders about the buy-back on or before Dec 26. Owners of Wipro […]
A move away from traditional equipment vendors such as Ericsson and Huawei by telecom operators could open up a multi-billion dollar market for the likes of Tech Mahindra, Wipro, HCL Technologies, TCS and Infosys. Traditionally, telecom operators like Bharti Airtel and Vodafone Idea have almost completely outsourced the construction and management of their networks to […]
Outsourcing major Wipro Ltd said it will replace the current way in which it has structured its business by reorienting it along two core themes — product-related services, and infrastructure-related services. Earlier, Wipro used to divide its services into seven verticals and five capabilities. The seven verticals included segments like manufacturing, telecom, consumer products, financial […]
Outsourcing company Wipro has opened a digital product compliance lab in Hyderabad for automotive, defense, consumer electronics, aerospace, telecom, medical, energy and manufacturing. Wipro said it is now home to the only lab in South East Asia qualified to certify Wi-Fi and Bluetooth devices. Globally, devices have to comply with a variety of emission and […]
IT major Wipro Limited has launched a Industrial Internet of Things (IIoT) centre in Kochi, its third, after Mountain View and Bangalore. Industrial Internet of Things refers to the concept of extending internet connectivity beyond conventional computing platforms such as personal computers and mobile phones into various non-internet enabled physical devices. Embedded with electronics, internet […]
Financial software provider Wipro Gallagher, a unit of Wipro Ltd, launched the latest version of its loan origination software, NetOxygen. The new version offers more control to lenders and better streamlining, the Indian company said. Version 6.0 also offers a web-based dashboard, designed to provide updates on the loan status. The new version also aims […]
Azim Premji, chairman of Wipro, has allocated shares worth about Rs 52,750 cr to an endowment under the Azim Premji Foundation. This means that the economic benefits of the shares — such as the money that can be obtained by selling or pledging them — can only be used for the activities of the foundation. […]
Wipro, one of India’s top IT services exporters, reported a fall in net profit for the second quarter, despite getting a lift from the falling rupee, due to a sharp increase in ‘other expenses. Net profit for the September quarter came in at Rs 1,886 cr, down from Rs 2,094 cr in the preceding three […]
IT outsourcing firm Wipro said it has won a $1.5-1.6 bln deal from US-based Alight Solutions LLC in what it called “Wipro’s largest win to date”. The Bangalore-based company also announced that it has acquired Alight HR Services India Private Ltd, presumably the India unit of the same company. Under the 10-year deal, Wipro will help overhaul […]
Wipro said it has completed the sale of its hosted data center services business for $399 mln as announced three months ago. The business, consisting of Wipro Data Centre and Cloud Services, Inc. (USA), a portion of data center business in Germany and UK and certain employees in India, was sold to to Ensono, a […]
Indian IT outsourcing company Wipro said telecom equipment maker Nokia had moved to the sales order platform designed and operated by it as part of a multi-year outsourcing deal. The company also said it was bringing Latin American cargo company to LATAM Cargo on to its supply a cargo management platform. The size of the […]
IT services provider Wipro said it will invest $9.9 million (Rs 63 cr) in marketing consultant Harte Hanks and will jointly offer end-to-end marketing technology services to customers. Harte Hanks specializes in omni-channel marketing solutions including consulting, strategic assessment, data, analytics, digital, social, mobile, print, direct mail and contact center. “Wipro’s investment in Harte Hanks […]
Information Technology services provider Wipro Ltd reported a year-on-year decline in its quarter three revenue to Rs 13,669 cr from Rs 13,688 cr in the year-ago period. In the preceding September quarter, revenue was at Rs 13,468 cr. Total IT services revenue was at Rs 13,682 cr versus Rs 13,469 cr in the preceding quarter […]
Wipro Lighting said it has signed up with CISCO to incorporate the latter’s Internet technology-based control systems. With this, said the Bangalore-based company, some of its products can be controlled by and linked to a single, converged IP network based on Cisco’s Digital Building Solutions technology. The technology enables large buildings to save on power […]
Continuing the trend of IT outsourcing companies topping up their digital practice with targeted acquisitions, Cognizant said it agreed to acquire Zone, a digital agency specializing in customer experience, digital strategy, technology and content creation. The transaction is expected to close in the fourth quarter of 2017, subject to satisfaction of certain closing conditions, it […]
IT company Wipro Ltd said it increased its stake Drivestream, which focuses on implementing Oracle’s cloud solutions, to 43.7% from 26.1% by investing around Rs 26 cr. Wipro had first invested in the company about four months ago, and seems to have liked what it saw. It made the latest investment by converting some of […]
Wipro said it has agreed to acquire US-based design consultancy Cooper, without disclosing the financial details. “Headquartered in San Francisco, Cooper has been a leading brand in interaction design, UX and professional design education for more than 25 years,” the Indian IT company said. Founded by Sue Cooper and Alan Cooper, the ‘Father of Visual […]
