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Wipro

Wipro Limited: A Tech Giant's Footprint Wipro Limited, a Bengaluru-based multinational, is a prominent player in India's technology landscape, ranking among the nation's top six tech companies. The company's core offerings encompass information technology, consulting, and business process services, ...

Wipro Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Information technology, Consulting, Outsourcing
  • Founded 29 December 1945
  • Founders MH Hasham Premji
  • Headquarters Bengaluru, Karnataka, India
  • Area served Worldwide
  • Key people Rishad Premji
  • Revenue ₹89,760 crore (US$10 billion) (FY24)
  • Net income ₹11,112 crore (US$1.3 billion) (FY24)
  • Number of employees 234,054 (March 2024)
  • Subsidiaries Appirio, Topcoder, Capco, Designit
  • Website www.wipro.com

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Wipro history

Last Updated : 17/03/25, 09:19 PM
Wipro: From Cooking Oil to Global IT Powerhouse Established in 1945 as Western India Vegetable Products Limited, Wipro's journey began as a cooking oil manufacturer under M H Hasham Premji. Following his death in 1966, his son Azim Premji took the helm at the young age of 21. The company's name evol...

WIPRO NEWS

Shares of Wipro, which also posted an unexpected drop in revenue in the July-September quarter, fell as much as 4.3% in their steepest intraday percentage decline since mid-April.

Why even services companies like TCS & Wipro are now feeling the tariff heat

April 17, 2025 12:16 pm

Wipro also said that wage hikes in FY26 will be decided “closer to the date”, as Chief Executive Officer Srinivas Pallia cautioned that uncertainties have “dramatically increased” and that tariffs against China could hurt the company’s European clients going forward.

Here are the top 10 most valuable IT services brands in 2024, with India dominating and securing four spots in the rankings. (Representational Image)

Top 10 most valuable IT services brands 2024: India leads with 4 firms

October 24, 2024 3:53 pm

Top 10 most valuable IT services brands 2024: Tata Consultancy Services (TCS) is the second most valuable IT services brand, showcasing a tremendous 11% growth in brand value, achieving USD 19.2 billion.

CISA is a US government agency that has dealt with cybersecurity issues such as attempts to influence elections.

Indian cybersecurity execs call for stronger govt policies amid rise in AI-based threats

October 23, 2024 8:51 am

Executives from KPMG, Wipro, and GMR also discussed the benefits of using AI in cybersecurity at a recent event organised by Microsoft.

Here are the top 10 largest IT companies in India by market cap, as of 2024. (Source: Canva)

Top 10 largest IT companies in India by market cap, as of 2024

September 18, 2024 12:29 pm

Top 10 IT Companies in India 2024: India's major tech companies such as Infosys, TCS, and Wipro have significantly shaped the Indian IT industry over the last two decades and transformed it into a global IT powerhouse.

Srini Pallia

Who is Srinivas Pallia, Wipro's new CEO and MD?

April 08, 2024 1:37 pm

Srinivas Pallia, an alumnus of Bengaluru's Indian Institute of Science (IISc), joined Wipro in 1992 as a Product Manager.

Wipro

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new CEO

April 06, 2024 10:52 pm

The company has had a turbulent few years, with its operating model changing twice in three years, several top level departures, and some expensive acquisitions that did not translate to growth.

Azim Premji transfers one crore Wipro shares to his sons, Rishad Premji and Tariq Premji.

Azim Premji gifts one crore Wipro shares to his sons

January 25, 2024 12:54 pm

The Wipro scrip is currently valued at Rs 472.9 per share, and at roughly this value, the transferred shares will amount to a whopping Rs 483 crore. Tech magnate Azim Premji's son Rishad Premji currently helms Wipro as its Executive Chairman, and is a prominent face of the IT industry.

Shares of Wipro, which also posted an unexpected drop in revenue in the July-September quarter, fell as much as 4.3% in their steepest intraday percentage decline since mid-April.

Wipro shares jump nearly 14% post-Q3 earnings; mcap climbs Rs 18,168 cr

January 15, 2024 12:51 pm

Other IT stocks -- Tech Mahindra, Infosys, HCL Technologies, and Tata Consultancy Services -- also saw frenzied buying.

jatin dalal Wipro

Wipro's case against ex-CFO Jatin Dalal over non-compete clause referred for arbitration

January 03, 2024 8:17 pm

Wipro has sought damages as Dalal has joined its rival Cognizant within 12 months after his resignation, allegedly in violation of a non-compete clause

Shares of Wipro, which also posted an unexpected drop in revenue in the July-September quarter, fell as much as 4.3% in their steepest intraday percentage decline since mid-April.

Wipro shares slide to 3-month low, weighs on IT peers on weak revenue forecast

October 19, 2023 10:44 am

Shares of Wipro dropped to a three-month low and weighed on other Indian IT companies on Thursday after the country's fourth-largest IT services provider forecast the slide in IT services revenue would get worse this quarter.

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