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- BENGALURU, July 22 (Reuters) - Wipro's (WIPR.NS) shares dropped the most in over four years on Monday morning as investors punished India's no. 4 IT services firm for posting poor growth when its rivals talked of a return of client spending and reported strong results.
www.reuters.com/technology/indias-wipro-tanks-after-q1-results-disappoint-2024-07-22/
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Oct 19, 2023 · SUMMARY. IT services major Wipro on October 18 said that it has decided to merge its five wholly owned subsidiaries with itself. The board, at its meeting on October 17-18, considered and...
Oct 18, 2023 · NEW DELHI: Bengaluru-based top IT services major Wipro on Wednesday announced the merger of five of its wholly-owned subsidiaries with and into parent entity Wipro Limited.
Apr 8, 2024 · In Srinivas Pallia, Wipro is returning to a company insider who’s spent his entire three-decades-plus career with it. “Wipro is still a good franchise with good people, it has lost its way.
The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils. [5][6][7] In 1966, after Hasham Premji's death, his son Azim Premji dropped out of Stanford University and took over as chairperson at age 21.
Jul 22, 2024 · BENGALURU, July 22 (Reuters) - Wipro's (WIPR.NS) shares dropped the most in over four years on Monday morning as investors punished India's no. 4 IT services firm for posting poor growth when its...
Sep 21, 2022 · IT services giant Wipro has fired 300 employees in recent months who were found to be moonlighting for competitors, a top executive said Wednesday, weighing in on a practice that has gained...
Jan 12, 2024 · This happened after Wipro faced a series of setbacks, including cultural changes, declining growth, profitability issues, a trail of exits, and underperforming stock, as per a Livemint report on December 10, 2023.