Wipro
Indian IT giants employ non-compete clauses in junior staff contracts
09 Jan 2024
In a recent development, major Indian IT companies, including TCS, Infosys, Wipro, HCLTech, and Tech Mahindra, have incorporated non-compete clauses into the contracts of junior employees, spanning from 6 to 12 months.
Wipro files a legal case against former CFO Jatin Dalal
27 Dec 2023
IT giant Wipro has taken legal action against its former Chief Financial Officer (CFO), Jatin Dalal. Dalal, who served as the CFO of Wipro since April 2015, shifted to Cognizant on 1 December 2023.
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The Indian IT sector witnesses its first hiring slump in 25 years
30 Oct 2023
With the rise in geopolitical tensions and spending cuts by western countries, there has been a decline in hiring at most Indian IT companies.
Investor concerns are high as Wipro shares fall by 47% over the past two years
26 Oct 2023
One of India’s largest IT firms, Wipro Ltd., has experienced a decline of 47% in shares from their record all-time high in nearly two years.
Indian IT giant Wipro is planning to reduce hiring graduates for 2024
19 Oct 2023
Wipro, an Indian tech-service outsourcing firm, is planning to reduce its hiring of engineering graduates this year.
Wipro Q2 net profit up 3.2%; sees revenue rising 1.5-3.5% in Q3
15 Oct 2020
Wipro board also approved a Rs9,500-crore share buyback plan, under which the company will purchase 237.5 million shares at Rs400 apiece
Wipro CEO and MD Abidali Z Neemuchwala steps down
31 Jan 2020
Neemuchwala, who has been with Wipro since April 2015, will relinquish his responsibilities only after a successor is appointed in order to ensure a smooth transition
Wipro Q1 net profit up 13% at Rs2,388 cr
17 Jul 2019
Future is bright, Premji tells Wiproites ahead of his last AGM as CMD
17 Jul 2019
Premji said while the company is committed to enhancing value for stakeholders, as a large technology company which employs 170,000 plus people, Wipro has the responsibility to drive an inclusive growth
Wipro chairman Azim Premji to bow out, son Rishad to take over
06 Jun 2019
“As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji said, adding that he has great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth
Premji pledges another 34% of his Wipro shares to philanthropy
14 Mar 2019
Wipro chairman Azim Premji, who is also chairman of the Azim Premji Foundation, has now 67 per cent of his beneficial ownership in Wipro Ltd pledged irrevocably to charity
Wipro wins $1.6 bn, 10-year project from US-based Alight Solutions
03 Sep 2018
The contract, which will bring in revenues of $1.5-1.6 billion over the 10-year term on the contract, is the largest since Wipro won a more than $1.1 billion order from Canadian logistics firm ATCO
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