Wipro to Mark 25 Years on NYSE with Bell Ringing Ceremony, Launches AI-Powered Platform

1 min read     Updated on 31 Oct 2025, 01:42 AM
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Ashish ThakurScanX News Team
Overview

Wipro Limited will commemorate its 25th anniversary of NYSE listing and launch its new AI-powered platform, Wipro Intelligence™, with a bell-ringing ceremony at the New York Stock Exchange on October 31, 2025. The event, led by Executive Chairman Rishad Premji and CEO Srini Pallia, also marks 80 years since Wipro's founding. The company has grown from a small vegetable oil business to a global technology consulting firm with over 230,000 employees across 65 countries.

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*this image is generated using AI for illustrative purposes only.

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, is set to commemorate two significant milestones with a bell-ringing ceremony at the New York Stock Exchange (NYSE) on October 31, 2025. The event will celebrate Wipro's 25th anniversary of listing on the NYSE and the launch of its new AI-powered platform, Wipro Intelligence™.

Ceremony Details

The closing bell ceremony, scheduled for 3:56 PM EDT, will be led by Wipro's Executive Chairman Rishad Premji and CEO Srini Pallia, accompanied by the company's executive leadership. The event will be livestreamed on NYSE.com and the New York Stock Exchange YouTube channel.

Dual Celebration

Wipro is marking not just its quarter-century on the NYSE but also 80 years since its founding in 1945. The company has evolved from a small vegetable oil business in rural Maharashtra to a global technology consulting and services powerhouse operating in over 60 countries.

Wipro Intelligence™ Launch

The ceremony also highlights the recent launch of Wipro Intelligence™, a suite of AI-powered platforms, solutions, and transformative offerings. This new initiative underscores Wipro's commitment to driving innovation and transformation for its clients in the AI era.

Company Growth and Recognition

Aspect Details
Global Presence Over 60 countries
Workforce More than 230,000 employees and business partners across 65 countries
Recent Recognition Wipro's Founder Chairman, Azim H. Premji, named in the 2025 TIME100 Philanthropy list

Rishad Premji, Executive Chairman of Wipro Limited, reflected on the company's journey: "What began in 1945 as a small vegetable oil company in rural Maharashtra has evolved into a global technology consulting and services company with a presence in over 60 countries. Our journey has been one of resilience and reinvention: overcoming challenges, adapting to change, and staying true to our purpose at every step."

CEO Srini Pallia added, "As we enter a new chapter with Wipro Intelligence, we remain committed to co-innovating with our clients, empowering them to reimagine their businesses and lead confidently in a world shaped by intelligent technologies."

The bell-ringing ceremony not only marks Wipro's longstanding presence on the NYSE but also signals its forward-looking approach in the rapidly evolving landscape of AI and technology services.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-0.95%+0.54%-0.34%-12.77%+43.77%

Wipro Inks Long-Term AI-Driven IT Deal with HanesBrands, Marking Strategic Shift

1 min read     Updated on 29 Oct 2025, 04:02 PM
scanx
Reviewed by
Ashish ThakurScanX News Team
Overview

Wipro Limited has entered into a multi-year strategic agreement with HanesBrands Inc. to transform the latter's IT infrastructure and cybersecurity operations using AI. The partnership will leverage Wipro's Intelligence™ WINGS platform to streamline operations, enhance cybersecurity, reduce costs, and provide access to innovation. This engagement is part of HanesBrands' IT 2.0 transformation initiative, aiming to move towards a unified, AI-led managed services model.

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*this image is generated using AI for illustrative purposes only.

Wipro Limited , a leading AI-powered technology services and consulting company, has announced a significant multi-year strategic agreement with HanesBrands Inc., a global leader in iconic apparel brands. This partnership, which leverages Wipro's Intelligence™ WINGS platform, aims to transform HanesBrands' IT infrastructure and cybersecurity operations through an AI-first approach.

Key Highlights of the Partnership

  • AI-Driven Transformation: Wipro will utilize its WINGS Operations AI platform to streamline operations, enhance regulatory compliance, and improve overall IT experience for HanesBrands' stakeholders.
  • Cybersecurity Enhancement: The partnership includes strengthening HanesBrands' security posture through AI-powered predictive and preventive operations.
  • Cost Reduction: The implementation is expected to lead to cost reductions in IT operations for HanesBrands.
  • Innovation Access: HanesBrands will have access to the Wipro Innovation Network, enabling long-term co-creation of solutions for specific challenges.

Strategic Implications

This engagement is part of HanesBrands' strategic IT 2.0 transformation initiative, moving the company towards a unified, AI-led managed services model. Scott Pleiman, HanesBrands' Chief Strategy, Transformation, Analytics and Technology Officer, emphasized the importance of this partnership in delivering better experiences for customers and partners.

Wipro's Perspective

Shiva Jayaraman, SVP and Sector Head – Consumer Business, Americas 1 at Wipro Limited, stated, "Continuing our ongoing relationship, this new engagement will allow us to bring the Wipro Intelligence™ suite to HanesBrands, increasing their operational agility and resilience through AI-powered platforms, solutions and transformative offerings."

Financial Disclosure

It's worth noting that this deal was previously mentioned in Wipro Limited's financial results announcement press release dated July 17, 2025, for the quarter ended June 30, 2025, without naming HanesBrands specifically.

Recent Corporate Actions

In related news, Wipro has also recently:

Date Action
October 28, 2025 Granted 46,817 ADS Restricted Stock Units to employees of its subsidiary company
October 28, 2025 Allotted 34,790 equity shares under ADS Restricted Stock Unit Plan 2004
October 28, 2025 Allotted 7,366 equity shares under the Restricted Stock Unit Plan 2007

These corporate actions reflect Wipro's ongoing commitment to employee incentivization and retention strategies.

The partnership between Wipro and HanesBrands represents a significant step in the application of AI technologies in IT infrastructure and operations, potentially setting a precedent for similar transformations across the industry.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-0.95%+0.54%-0.34%-12.77%+43.77%
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