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Wipro shares surged 13% in early trading today, reaching a new 52-week high of Rs 526.45, despite reporting a decline in net profit for the December quarter (Q3FY24). This strong performance follows a nearly 18% jump in US-listed ADRs after the company announced its earnings on January 12.
Wed, Apr 03, 2019
Indian IT major Wipro Tuesday said its divestment of Workday and Cornerstone On Demand business to Illinois-based Alight has been almost completed and it has received USD 95.27 million from the transaction.
Thu, Mar 28, 2019
Research outcomes from this partnership will be leveraged by Wipro to develop solutions for its customers, across industry verticals, Wipro said in a statement.
Wed, Mar 13, 2019
Wipro Chairman Premji, who is also the chairman of Azim Premji Foundation, announced on Wednesday that he has increased his commitment to philanthropy, by irrevocably renouncing more of his personal assets and earmarking them to the endowment corpus.
Fri, Mar 08, 2019
"On March 8, 2019, the company has been informed that Azim Premji Trust has sold 2,66,66,667 equity shares of the company on BSE," the filing added.
At 2.10 p.m, the stock price was Rs 257.40, lower by Rs 11.40 or 4.24 per cent from its previous close of Rs 268.80 per share.
Mon, Feb 25, 2019
Wipro Sunday said it has received approval from majority of its shareholders for the issue of bonus shares and increase in authorised share capital.
Sun, Feb 24, 2019
In a regulatory filing, Wipro said the "resolutions have been approved by members with requisite majority and shall be deemed to have been passed on February 22, 2019, being the last date of receipt of postal ballot forms/e-voting".
Mon, Feb 18, 2019
The six-year-old Indo-Japanese venture is focused on meeting the rising demand for hydraulic excavators from its second plant and also its first plant in the city.
Tue, Jan 29, 2019
Indian IT services giant, Tata Consultancy Services (TCS) failed to bag the crown but did turn third most valuable IT services company in the world in 2018-19. The first in the list is Accenture followed by IBM, according to a report by Brand Finance.
Tue, Jan 22, 2019
Speaking at a session here at the World Economic Forum's annual meeting, Wipro CEO Abidali Neemuchwala said businesses must also improve their ability to assimilate cultures.
Mon, Jan 21, 2019
Wipro in its Q3FY19 result, posted a massive profit of Rs 2,544 crore, rising by as much as 31.43% from Rs 1,935.9 crore from a year ago, same period.
Fri, Jan 18, 2019
Bonus shares are given to the existing shareholders by a company as fully paid shares free of charge.
Interestingly, Wipro's growth rate in PAT is better than what its peers have achieved during Q3FY19.
The revenue of the IT large cap rose 3.4 percent over the previous quarter to Rs 15,059 crore. The growth in revenue was aided by its $1.5-billion deal with U.S.-based Alight Solutions LLC and Net profit rose by 35 per cent to Rs 2,544 crore in the October-December period.
Sun, Dec 23, 2018
"Consequent to the publication of expression of interest (EOI) on October 27, 2018, the Reserve Bank had received responses from several vendors for implementation of end-end solution for PCR," the central bank has said.
Sat, Dec 08, 2018
Wipro, an India-based information technology company, has donated more than 10,000 new books to underprivileged children in the United States.
Tue, Nov 27, 2018
The Bengaluru-headquartered IT major, which is one of the biggest recruiters of IT professionals in the country, is doubling the salaries of employees who will successfully complete its new bridge programmes, the Times of India said, adding that the well-architectured bridge programmes will enable employees to develop new skills without leaving the job.
Fri, Nov 23, 2018
Bharti Infratel, Lupin and Hindustan Petroleum Corporation will be excluded from the Sensex 50 index and these firms will be replaced by Bajaj Finserv, Britannia Industries and JSW Steel.
Sun, Nov 11, 2018
The Sebi has shortlisted seven firms, including Wipro and L&T Infotech, to build a private data storage cloud, automate its inspection of brokers and enhance analytics capabilities, as the regulator is eyeing a technological leap in surveillance and investigation functions.
Thu, Oct 25, 2018
Wipro vs TCS vs Infosys: Azim Premji led company's share price ended up being the best pick for investors, as it was top performer on BSE, and finished at Rs 319.60 per piece up by 3.38%.
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