Wipro
203.59
-1.42(-0.69%)
Market Cap₹2,13,527.73 Cr
PE Ratio16.21
Company Performance:
1D-0.69%
1M+6.65%
6M-15.65%
1Y-14.62%
5Y-16.33%
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More news about Wipro
17Apr 26
Kotak Maintains Sell Rating on Wipro with ₹190 Target Price Amid Performance Concerns
Kotak Institutional Equities maintains Sell rating on Wipro Limited with ₹190 target price, citing weak quarterly performance and muted 1QFY27 guidance. The brokerage highlighted continued segment-wise underperformance, client churn issues, and market share loss to competitors despite limited deal win improvements. Kotak noted stretched margin levers and implemented ~2% EPS cuts for FY27-28, expressing concerns over the company's increasing reliance on M&A for growth amid elevated performance gap versus industry peers.
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17Apr 26
JPMorgan Maintains Neutral Rating on Wipro with ₹200 Target Price After Mixed Q4 Results
JPMorgan maintained its Neutral rating on Wipro Limited with a ₹200 target price after mixed Q4 results showing revenue miss but margin beat supported by one-off provision writeback. The brokerage cited client-specific BFSI issues and delayed deal ramp-up as factors weighing on Q1 growth, while the company provided 17-17.5% margin guidance and announced a ₹150bn buyback at ₹250 per share to support shareholders amid structural growth concerns.
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17Apr 26
Nomura Maintains Buy Rating on Wipro with ₹250 Target Price Despite Mixed Q4 Performance
Nomura maintains its Buy rating on Wipro Limited with a ₹250 target price, acknowledging mixed Q4FY26 performance and below-estimate Q1FY27 guidance. The brokerage emphasizes positive factors including steady deal wins, tight EBIT margin management, and strong capital allocation through large buybacks and high dividend yields. Despite near-term headwinds, Nomura upgraded FY27-28 EPS estimates by 1-2%, reflecting confidence in the company's medium-term prospects and fundamental business strengths.
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17Apr 26
Morgan Stanley Cuts Wipro Target Price to ₹194, Maintains Underweight Rating
Morgan Stanley has revised its outlook on Wipro by reducing the target price to ₹194 from ₹242 while maintaining an Underweight rating. The downward revision is driven by below-expected Q4FY26 organic revenue growth and weaker Q1FY27 guidance, indicating that previously anticipated FY27 growth challenges are materializing earlier. Despite acknowledging margin resilience and strong capital allocation as positive factors, the brokerage expects valuation to remain at a relative discount due to weak growth outlook.
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17Apr 26
Citi Maintains Sell Rating on Wipro with ₹175 Target Price Amid Growth Concerns
Citi maintains its Sell rating on Wipro Limited with a ₹175 target price following Q4 performance miss and disappointing Q1FY27 guidance. The brokerage has made slight EPS cuts for FY27-28 and cites continued challenges in organic growth outlook as key concerns for the IT services company's prospects.
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17Apr 26
BofA Maintains Underperform Rating on Wipro with ₹210 Target Price Amid Revenue Concerns
Bank of America maintains Underperform rating on Wipro Limited with ₹210 target price following Q4 revenue miss due to customer-specific issues and weaker-than-expected Q1 organic guidance. The brokerage notes that while operational challenges persist, the company's recent buyback announcement may provide some near-term support to the stock price.
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17Apr 26
Wipro Guides Q1 FY27 IT Services Revenue At $2.597B To $2.651B With Sequential Decline Expected
Wipro has provided Q1 FY27 IT services revenue guidance of $2.597 billion to $2.651 billion, indicating flat to slight sequential decline. The company expects -2% to 0% sequential growth in constant currency terms, reflecting cautious market outlook and challenging business conditions in the IT services sector.
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16Apr 26
Wipro Executive Highlights Anthropic's Potential and Geopolitical Impact on Client Expectations
Wipro co-executive has identified Anthropic's "Mythos" as a potential future opportunity while observing that geopolitical considerations are increasingly influencing client expectations. These insights reflect the company's strategic awareness of AI developments and global political factors affecting the technology services sector.
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16Apr 26
Wipro Executive Attributes Q1 Forecast Softness to Ongoing US Client Challenges
Wipro executive has stated that ongoing client challenges in America are likely causing softness in the company's Q1 forecast. This indicates potential revenue headwinds in a key market for the IT services provider, suggesting near-term performance pressures.
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16Apr 26
Wipro Reports Middle East Client Project Slowdowns Amid AI Budget Predictions
Wipro faces mixed regional dynamics as some Middle East clients request project slowdowns, though executives report no major operational impact yet. Simultaneously, the company's CEO forecasts that next year's technology budgets will prioritize AI initiatives beyond traditional productivity improvements, reflecting broader industry trends toward artificial intelligence investments.
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16Apr 26
Wipro Executive Highlights Strong UK Momentum in Banking and Financial Services
Wipro has announced strong momentum in the UK market through an executive statement, with particular strength in the banking, financial services, and insurance sector. This development reflects the company's successful positioning in the European market and indicates positive business growth in digital transformation services for the financial industry.
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16Apr 26
Wipro Board Approves Re-appointment of Ms. Tulsi Naidu as Independent Director for Second Term
Wipro Limited's Board of Directors approved the re-appointment of Ms. Tulsi Naidu as Independent Director for a second 5-year term from July 1, 2026 to June 30, 2031, during their meeting held on April 15-16, 2026. Ms. Naidu, who has served since July 2021, brings 29 years of financial services experience and currently serves as CEO, Asia-Pacific of Zurich Insurance Group Ltd. The re-appointment is subject to shareholder approval and complies with all regulatory requirements.
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16Apr 26
Wipro Executive Highlights Geopolitical and Policy Disruptions as New Normal
A Wipro executive has stated that geopolitical and policy disruptions have become the new normal in the current business environment. This observation highlights the challenging landscape companies are navigating due to ongoing global uncertainties. The statement reflects how businesses are adapting to an increasingly complex operating environment affected by various external factors.
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16Apr 26
Wipro Board Approves Share Buyback at ₹250 Per Share Through Tender Offer
Wipro has received board approval for its share buyback program at ₹250 per share through tender offer mechanism. The pricing aligns with market expectations of ₹235-250 range and offers 16%-20% premium to shareholders, demonstrating management confidence in company's intrinsic value.
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15Apr 26
Wipro Limited Announces $71 Million Acquisition of Alpha Net Consulting Customer Contracts
Wipro Limited has announced a strategic acquisition of select customer contracts from Alpha Net Consulting LLC for up to US$71 million. The cash transaction focuses on gaining access to Alpha Net's customer base, contracts, and workforce to enhance Wipro's AI-powered application services capabilities. Alpha Net Group, founded in 2001 and based in Santa Clara, specializes in enterprise software development and data engineering with global presence.
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14Apr 26
Wipro Reschedules Q4FY26 Earnings Conference Call to 7:45 PM IST on April 16, 2026
Wipro Limited has rescheduled its Q4FY26 earnings conference call from 7:00 PM to 7:45 PM IST on April 16, 2026. The company will announce fourth quarter results ended March 31, 2026, after market hours, followed by a management discussion. Multiple international dial-in options are available, with call replay accessible from April 16-23, 2026.
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10Apr 26
Wipro Board To Consider Share Buyback Proposal On April 15-16, 2026
Wipro has officially scheduled a board meeting for April 15-16, 2026 to evaluate a share buyback proposal, with formal regulatory filings submitted to major stock exchanges. The consideration follows proper compliance with SEBI regulations and Companies Act provisions, with outcomes to be communicated immediately after the meeting conclusion.
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09Apr 26
Wipro Limited Board Meeting and Earnings Call Scheduled for April 15-16, 2026
Wipro Limited has announced a comprehensive schedule for its Q4FY26 financial results disclosure, including a board meeting on April 15-16, 2026 to approve financial statements under various accounting standards, followed by an earnings conference call on April 16 at 7:00 PM IST. The company has implemented trading window restrictions from March 16 to April 18, 2026, and provided multiple international dial-in options for global stakeholder participation in the earnings discussion.
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08Apr 26
Wipro Allots 102,526 Equity Shares Under ESOP Plans on April 7, 2026
Wipro Limited completed the allotment of 102,526 equity shares to employees on April 7, 2026, pursuant to the exercise of Employee Stock Options under two established plans. The allotment comprised 66,880 shares under the ADS Restricted Stock Unit Plan 2004 and 35,646 shares under the Restricted Stock Unit Plan 2007, with the company maintaining full regulatory compliance through proper notifications to both BSE and NSE.
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07Apr 26
Wipro Limited Publishes Newspaper Advertisement Under SEBI Regulation 30 for Shareholder Email Registration
Wipro Limited published newspaper advertisements in Business Standard and Kannada Prabha on April 6, 2026, pursuant to SEBI Regulation 30 compliance. The advertisements inform equity shareholders about email registration processes for electronic communication of notices, annual reports, and statutory communications. Company Secretary M Sanaulla Khan filed the regulatory disclosure, with the notices made available on the company website at www.wipro.com.
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06Apr 26
Wipro Secures $1B+ Olam Deal with $375M Mindsprint Acquisition
Wipro Limited has secured a landmark deal with Olam Group worth over $1 billion spanning 8 years, featuring the acquisition of Mindsprint Pte. Ltd. for $375 million with an $800 million commitment. The partnership will deliver comprehensive IT and digital transformation services across Olam's food and agri-business operations, leveraging Wipro's AI capabilities and Mindsprint's specialized domain expertise.
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03Apr 26
Wipro Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026
Wipro Limited filed its mandatory SEBI compliance certificate for the quarter ended March 31, 2026, confirming adherence to Regulation 74(5) requirements. KFin Technologies Limited, the company's registrar, certified that all securities dematerialization and rematerialization details were properly reported to stock exchanges. The filing demonstrates Wipro's commitment to regulatory transparency and compliance with securities handling requirements.
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02Apr 26
Wipro Announces Internal Restructuring of Step-Down Subsidiaries in US Operations
Wipro Limited has completed an internal restructuring of its US step-down subsidiaries, with Cardinal US Holdings, Inc. transferring its entire shareholding in Capco Consulting Services LLC to The Capital Markets Company, LLC, effective March 30, 2026. The transaction aims to rationalize and simplify the overall group structure, resulting in The Capital Markets Company, LLC holding 100% ownership of Capco Consulting Services LLC. The company has informed all relevant stock exchanges about this development in compliance with SEBI regulations.
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02Apr 26
Wipro Completes Two US Subsidiary Mergers Worth USD 407.63 Million Combined
Wipro Limited announced completion of two separate merger transactions involving four US step-down subsidiaries effective March 30-31, 2026. The mergers include Capco RISC Consulting LLC with The Capital Markets Company, LLC (combined turnover USD 300.17 million), and Cardinal US Holdings, Inc. with Wipro IT Services, LLC (turnover USD 107.47 million). Both transactions were undertaken to rationalize and consolidate the overall group structure.
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02Apr 26
Wipro launches AI-Native Business & Platforms Unit with strategic leadership changes
Wipro Limited announces the strategic launch of AI-Native Business & Platforms Unit to complement its services business and drive growth through enterprise-grade AI solutions. The company appointed Nagendra Bandaru as CEO of the new unit and Kanwar Singh as President of Technology Services GBLs, while Suzanne Dann resigned from her Americas-2 leadership role, all effective April 1, 2026.
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01Apr 26
Wipro Announces Retirement of Two Independent Directors and Board Committee Restructuring
Wipro Limited has announced the retirement of two Independent Directors, Dr. Patrick J. Ennis and Mr. Patrick Dupuis, effective March 31, 2026, following completion of their tenure under Section 149(11) of the Companies Act, 2013. The company has also restructured key Board Committees effective April 1, 2026, including the Nomination and Remuneration Committee and Administrative and Shareholders/Investors Grievance Committee, ensuring continued governance oversight.
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24Mar 26
Wipro Grants 5,32,407 ADS Restricted Stock Units to Employees Under 2024 Employee Stock Scheme
Wipro Limited has granted 5,32,407 ADS Restricted Stock Units and 10,664 Restricted Stock Units to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, effective March 24, 2026. The stock units will vest according to the schedule approved by the Nomination and Remuneration Committee and can be exercised over the approved period. The company has notified both BSE Limited and National Stock Exchange of India Limited about this grant as part of its regulatory compliance requirements.
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24Mar 26
Wipro Expands Strategic Presence In South Korea, Launches Innovation Lab In Seoul
Wipro Limited has announced a strategic expansion in South Korea, launching a new Innovation Lab in Seoul and enlarging its office footprint as part of the Wipro Innovation Network. The facility focuses on technology, automotive, and industrial sectors, enabling co-creation and solution development while showcasing AI-powered platforms. With several hundred professionals in the region and partnerships with academic institutions, this expansion reinforces South Korea's position as a key growth market for the company.
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20Mar 26
Wipro Launches AI-DC Solution with NVIDIA to Accelerate Enterprise AI Adoption
Wipro Limited has launched its AI-Data Center solution in partnership with NVIDIA, integrating NVIDIA AI Enterprise with Wipro Intelligence™ to enable enterprise-scale AI deployment. The solution includes advanced contact center capabilities powered by NVIDIA NeMo™ and is available globally across multiple industries including telecommunications, banking, retail, and healthcare.
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20Mar 26
Wipro Allots 2,88,023 Equity Shares Under Employee Stock Option Plans
Wipro Limited has allotted 2,88,023 equity shares under its Employee Stock Option Plans on March 20, 2026. The allotment includes 14,716 shares under ADS Restricted Stock Unit Plan 2004 and 2,73,307 shares under Restricted Stock Unit Plan 2007. Company Secretary M Sanaualla Khan Mohammed formally communicated this corporate action to BSE Limited and National Stock Exchange of India Limited, ensuring regulatory compliance.
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19Mar 26
Wipro Launches GIFT City Hub with 500-Seat Capacity for AI-Powered BFSI Services
Wipro Limited officially launched a new hub at GIFT City, Gandhinagar, with 150 ready-to-deploy seats expandable to 500 seats based on client demand. The facility focuses on AI-powered transformation services for global BFSI clients using Wipro Intelligence™ platform, covering digital banking, capital markets, regulatory technology, and core platform modernization. The initiative reinforces Wipro's commitment to local talent development in Gujarat's IT ecosystem.
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18Mar 26
Wipro Partners With Harness To Accelerate AI-Native Software Delivery For Global Enterprises
Wipro Limited has formed a strategic partnership with Harness to help global enterprises accelerate AI-native software delivery with enhanced speed, reliability, and governance. The collaboration integrates Wipro's WEGA agent-native delivery platform with Harness' AI Software Delivery Platform, addressing the growing complexity of software delivery as organizations accelerate AI adoption and move away from disconnected tools and manual processes.
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13Mar 26
Wipro Allots 76,639 Equity Shares Under Multiple ESOP Schemes on March 13, 2026
Wipro Limited completed a comprehensive equity share allotment of 76,639 shares across multiple ESOP schemes on March 13, 2026, demonstrating its multi-tiered employee compensation strategy. The distribution included shares from three different plans spanning from 2004 to 2024, with the largest allocation of 67,291 shares under the Restricted Stock Unit Plan 2007, reflecting the company's long-term commitment to employee equity participation.
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12Mar 26
Wipro Signs Multi-Year Technology Transformation Deal With TruStage
Wipro Limited has announced a strategic multi-year partnership with TruStage to transform the company's retirement services operations through comprehensive business and technology modernization. The collaboration leverages Wipro's Intelligence suite and consulting expertise to enhance customer experience and operational efficiency for middle market consumers.
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09Mar 26
Wipro Records ₹79.27 Crore Block Trade on NSE for 4.01 Million Shares
Wipro Limited experienced a major block trade on NSE worth ₹79.27 crores involving approximately 4,014,739 shares at ₹197.44 per share. This substantial institutional transaction highlights significant investor activity in the IT services company's stock through specialized trading mechanisms designed for large-volume orders.
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05Mar 26
Wipro Allots 50,070 Equity Shares Under Employee Stock Option Plans
Wipro Limited allotted 50,070 equity shares on March 5, 2026, under two ESOP plans - 11,222 shares under ADS Restricted Stock Unit Plan 2004 and 38,848 shares under Restricted Stock Unit Plan 2007. The allotment was made pursuant to exercise of ESOPs by eligible employees and was duly reported to BSE and NSE for regulatory compliance.
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05Mar 26
Wipro Officially Appoints Laura Miller as Independent Director with 5-Year Term
Wipro Limited has formally announced the appointment of Ms. Laura Marie Miller as Additional Independent Director through regulatory filings, with the Board approving her 5-year term from April 1, 2026 to March 31, 2031. Miller brings extensive executive leadership experience across retail, hospitality, and payments industries, currently serving on boards of NCR Voyix and Ahold Delhaize, with proven expertise in technology transformation and AI-driven business change.
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04Mar 26
Wipro Faces Potential $100 Million Revenue Loss as Accenture Wins Estée Lauder Contract
Wipro is set to lose business worth up to $100 million as Accenture wins a major contract from cosmetics giant Estée Lauder. This competitive setback highlights the intensifying rivalry in the IT services sector, where companies continuously compete for high-value enterprise engagements. The loss represents a significant revenue impact for Wipro in the lucrative beauty and consumer goods market segment.
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02Mar 26
Wipro Grants 6,98,199 ADS Restricted Stock Units Under Employee Stock Options Scheme 2024
Wipro Limited has granted 6,98,199 ADS Restricted Stock Units under its Employee Stock Options Scheme 2024 to identified employees, effective March 2, 2026. The units will vest per the approved schedule and can be exercised over the Committee-approved period. The grant demonstrates the company's commitment to employee equity participation and has been properly disclosed to stock exchanges for regulatory compliance.
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25Feb 26
Wipro Allots 1,29,574 Equity Shares Under ESOP Plans on February 25, 2026
Wipro Limited has allotted 1,29,574 equity shares under its ESOP plans on February 25, 2026. The allotment included 19,762 shares under ADS Restricted Stock Unit Plan 2004 and 1,09,812 shares under Restricted Stock Unit Plan 2007. The company informed both BSE and NSE about this corporate action for regulatory compliance.
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06Feb 26
Wipro Allots 3,78,185 Equity Shares Under ESOP Plans on February 6, 2026
Wipro Limited has allotted 3,78,185 equity shares on February 6, 2026, under two ESOP plans - 1,88,122 shares under ADS Restricted Stock Unit Plan 2004 and 1,90,063 shares under Restricted Stock Unit Plan 2007. The company has informed BSE and NSE about this corporate action through an official disclosure signed by Company Secretary M Sanaulla Khan, ensuring regulatory compliance.
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04Feb 26
Wipro Joins MIT's Industrial Liaison Program to Advance Frontier Technology Innovation
Wipro has joined MIT's Industrial Liaison Program to boost frontier technology innovation through strategic collaboration with MIT's faculty and startup community. The partnership spans five key areas and aims to leverage MIT's research excellence and technological expertise to advance Wipro's innovation capabilities.
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31Jan 26
Wipro Allots 154,549 Equity Shares Under Employee Stock Option Plans
Wipro Limited allotted 154,549 equity shares on January 31, 2026, under two ESOP plans - 56,908 shares under ADS Restricted Stock Unit Plan 2004 and 97,641 shares under Restricted Stock Unit Plan 2007. The allotment was formally communicated to BSE and NSE through an official notification signed by Company Secretary M Sanaulla Khan, ensuring regulatory compliance for the employee stock option exercise.
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31Jan 26
Wipro Hosts 15th earthian Awards 2025, Recognizes 25 Teams for Sustainability Excellence
Wipro Limited hosted the 15th earthian Awards 2025 at Azim Premji University, recognizing 25 winning teams from over 2,000 submissions for excellence in sustainability education. The program involved 24 sustainability educators from 14 regional NGOs and recognized over 100 schools through localized events. Since 2011, the initiative has engaged more than 51,000 schools, 210,000 students, and 41,000 teachers, while the 'Ideas to Impact' challenge has attracted 2,700 entries from over 1,300 colleges.
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29Jan 26
Wipro Launches New AI-Powered Operating Model for Enterprise Functions
Wipro Limited announced a new operating model combining advisory, AI, and enterprise transformation services across four core functions: People & Change, Supply Chain & Operations, Finance Transformation, and Sales, Marketing & Customer Experience. The consulting-led, AI-powered approach leverages the Wipro Intelligence™ suite to provide end-to-end accountability from strategy to execution, positioning the company as a comprehensive partner for enterprise transformation.
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28Jan 26
Wipro Partners with Factory to Accelerate Agent-Native Software Development for Global Enterprises
Wipro Limited has formed a strategic partnership with Factory to accelerate agent-native software development for global enterprises. The collaboration integrates Factory's AI agents called Droids into Wipro's WEGA platform to enhance Wipro Intelligence™. Wipro Ventures also participated in Factory's recent funding round, demonstrating commitment to AI-powered enterprise software development transformation.
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21Jan 26
Wipro's AI-Led Turnaround Faces Execution Delays Despite Strong Deal Momentum
Wipro's AI-led transformation faces near-term execution challenges despite strong deal momentum, with Executive Chairman Rishad Premji acknowledging a "bumpy" road ahead due to client ramp-up delays. The company achieved 25% YoY growth in order bookings and 75% increase in large deal order book year-to-date, while meeting midpoint guidance with margin expansion. Wipro has consolidated AI efforts under its Wipro Intelligence platform, focusing on consulting-led approaches with deep domain expertise in key sectors including banking, financial services, energy, and consumer markets.
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21Jan 26
Wipro Incorporates Wipro Business Services LLC as Step-Down Subsidiary in United States
Wipro Limited incorporated Wipro Business Services LLC as a step-down subsidiary in the United States on January 20, 2026. The new entity operates under Wipro IT Services, LLC and will provide comprehensive IT services including consulting, digital transformation, cloud services, and cybersecurity solutions. Wipro maintains 100% control through its existing subsidiary structure, with investment made via membership interest subscription. The incorporation strengthens Wipro's global operations and service delivery capabilities in the US market.
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21Jan 26
ICICI Securities Maintains Hold Rating on Wipro with Target Price of ₹256
ICICI Securities maintains Hold rating on Wipro with ₹256 target price amid soft Q3FY26 organic revenue growth of 0.6% QoQ and weak Q4FY26 guidance of -1.6% to 0.5% QoQ. Deal TCV declined 9% YoY to $871 million, well below four-quarter average of $2,061 million, with delayed deal ramp-ups and acquisition-related costs prompting 0-2% EPS estimate cuts for FY26-28.
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21Jan 26
Wipro Q3FY26 IT Services Revenue Up 1.4% QoQ; Motilal Oswal Maintains Neutral Rating with ₹275 Target
Wipro reported Q3FY26 IT services revenue of $2.60 billion with 1.4% QoQ growth, meeting analyst estimates. Adjusted PAT increased 3.6% QoQ to ₹34.00 billion, excluding one-time labor code impact. Order intake declined 30% QoQ to $3.30 billion, while large-deal TCV fell 6.2% YoY. Motilal Oswal maintains neutral rating with ₹275 target, citing need for improved execution and deal conversion.
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20Jan 26
CEO rallies evaporate as investors punish Wipro and LTIMindtree amid IT sector challenges
Wipro and LTIMindtree stocks declined sharply despite beating quarterly revenue expectations, erasing most gains made under their respective CEOs. Wipro fell 9.30% over two sessions while LTIMindtree dropped 7.30%, reflecting investor concerns about tepid growth outlooks and AI-led automation pressures affecting the broader IT sector.
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20Jan 26
Prabhudas Lilladher Maintains Hold Rating on Wipro with Target Price of ₹260
Prabhudas Lilladher maintains Hold rating on Wipro with ₹260 target price based on 17x FY28 EPS. Q3 revenue grew 1.4% QoQ CC, driven by Phoenix deal and Harman integration, but Q4 faces headwinds from large deal execution deferrals. Despite 77% YoY growth in large deals and 25% YoY booking growth, execution challenges persist. Revenue growth projected at -1.3%/+3.8%/+4.4% YoY CC for FY26E/FY27E/FY28E with service margins expected at 17.4%/17.1%/17.5% respectively.
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20Jan 26
Wipro Q3 Results: Revenue Beats Estimates Despite Margin Pressure, Deven Choksey Sets ₹272 Target
Wipro reported Q3 revenue of ₹23,556 crores, beating estimates by 4.1% with 5.5% YoY growth driven by strong performance in Europe and APMEA. However, EBITDA margin declined to 18.6% from 19.5% in Q2 due to higher employee costs, while net profit fell 6.6% YoY to ₹3,145 crores. Despite margin pressures, Deven Choksey maintains 'Accumulate' rating with ₹272 target, projecting 3.6% revenue CAGR over FY25-27E.
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19Jan 26
Wipro Announces Salary Hike Decision Coming Soon After Strong Q3 Performance
Wipro confirms salary hike decision coming after Davos return, with last increase in September 2024. Q3 results show 17.6% margins and 1.4% revenue growth, including HARMAN acquisition impact. Employee attrition declined over 2% in October-December quarter. Company hired 5,400 freshers in Q3, planning 2,000-2,500 more in Q4 for total yearly intake of 7,500-8,000 employees.
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19Jan 26
Wipro Management Confident of Execution-Led Growth Despite Cautious Client Spending
Wipro management has expressed confidence in its execution-led growth strategy despite cautious client spending, providing Q4 revenue guidance of $2.63-2.68 billion. The company reported strong operating margins of 17.6% and total bookings of $3.3 billion for the quarter. CEO Srini Pallia emphasized the company's AI-first approach across its entire pipeline through Wipro Intelligence platforms, while CFO Aparna Iyer highlighted consistent margin improvements over eight quarters despite challenging market conditions.
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19Jan 26
Wipro Shares Crash 9% as Brokerages Split on Q3 Performance; Targets Cut
Wipro reported mixed Q3 results with net profit declining 7% YoY to Rs 3,119 crore while achieving 1.4% sequential constant-currency growth. The company's stock fell over 9% as brokerages delivered contrasting views, with some maintaining positive ratings citing margin improvements while others expressed concerns over weak organic growth and challenging sector conditions.
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19Jan 26
Wipro Shares Plunge 9% Following Morgan Stanley Downgrade and Revised Q4 Guidance
Wipro shares fell 9% following Morgan Stanley's downgrade to "underweight" and price target cut to ₹242 from ₹270. The company's Q4 constant currency revenue guidance of 0-2% disappointed analysts who expected 1-3% growth. Multiple brokerages expressed concerns about slower deal conversion and margin pressure from recent acquisitions, with only 11 of 47 analysts maintaining buy ratings.
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16Jan 26
Wipro Submits Auditor's Reports for Q3FY26 Financial Statements with UDIN
Wipro Limited submitted auditor's reports for Q3FY26 financial statements ended December 31, 2025, to stock exchanges with required UDIN numbers. Deloitte Haskins & Sells LLP provided unqualified opinions confirming compliance with SEBI regulations and accounting standards for both standalone and consolidated results.
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16Jan 26
Wipro Executive Addresses H-1B Visa Policy Changes and Labor Code Impact
Wipro executive discusses company's evaluation of new H-1B visa policy options while confirming no expected ongoing operational impact from recent labor code changes, reflecting the IT services sector's navigation of evolving regulatory requirements.
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16Jan 26
Wipro Executive States Geopolitics Not A Major Concern Currently
A Wipro executive has stated that geopolitical issues are not currently a major concern for the IT services company. The statement reflects management's assessment that current global political dynamics are not significantly impacting their business operations or strategic outlook.
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16Jan 26
Wipro Provides Q4 FY26 Revenue Guidance; Aims to Maintain Margin Range in Q4
Wipro has announced Q4 FY26 IT services revenue guidance of $2,635-2,688 million while reporting Q3 total bookings of $3,335 million. During the earnings press conference, company executives indicated their goal to maintain Q4 margins within the same range achieved in recent quarters. The company also declared an interim dividend of ₹6 per equity share, maintaining its commitment to shareholder returns despite facing operational challenges and margin pressures.
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16Jan 26
Wipro Shares Rally 4% Ahead of Q3 Results as Brokerages Expect Modest Growth
Wipro shares rallied 3.7% to ₹269.80 ahead of Q3 earnings announcement. Brokerages expect modest growth with profit after tax rising just 0.4% year-on-year and revenue growing around 4% compared to the same period last year. Sequential growth is projected to remain sluggish at 0.5-1.2% quarter-on-quarter in constant currency terms, aided by recent acquisitions including Harman, though integration costs are expected to pressure margins in the near term.
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15Jan 26
Wipro Limited Receives ESG Rating of 74 from ESG Risk Assessments & Insights Limited
Wipro Limited received an ESG rating of 74 from ESG Risk Assessments & Insights Limited on January 15, 2026. The rating was assigned independently without company engagement, based on public domain data. Wipro disclosed this information to BSE, NSE, and NYSE under SEBI listing regulations, with the intimation also uploaded on the company website.
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15Jan 26
Wipro Q3 Preview: Revenue may rise 4% YoY; margins under pressure
Wipro is expected to report modest Q3 performance with 4% YoY revenue growth and just 0.40% profit growth. IT services revenue projected to grow 0.50%-1.20% QoQ in constant currency, supported by Harman acquisition integration. However, margins remain under pressure from furloughs, deal ramp-up costs, and integration expenses. Q4 guidance expected in 0%-3.50% range depending on analyst estimates, with focus on large deal monetization and discretionary spending outlook.
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13Jan 26
Wipro Grants 24,390 ADS Restricted Stock Units to Subsidiary Employee Under 2024 Stock Scheme
Wipro Limited granted 24,390 ADS Restricted Stock Units to a subsidiary employee under its Employee Stock Options Scheme 2024, effective January 12, 2026. The units will vest per the Nomination and Remuneration Committee's approved schedule and can be exercised during the approved period. The company formally notified BSE and NSE about this grant on January 13, 2026, maintaining regulatory compliance.
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07Jan 26
Wipro to Announce Q3FY26 Results on January 16, 2026 with Earnings Call
Wipro Limited has scheduled its Q3FY26 results announcement for January 16, 2026, following a board meeting on January 15-16. The company will host an earnings conference call at 7:00 PM IST with senior management discussing quarterly performance and answering investor questions through multiple international dial-in numbers and webcast access.
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07Jan 26
Wipro Tightens Hybrid Work Policy, Mandates Six Hours in Office Three Days a Week
Wipro has tightened its hybrid work policy effective January 1, 2026, mandating employees spend minimum six hours in office on three designated days per week. The company will deduct half-day leave for non-compliance, with continued violations leading to further leave reductions. While maintaining 9.5-hour standard working days, employees can complete remaining hours remotely, reflecting broader IT industry trends toward structured hybrid work arrangements.
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06Jan 26
Wipro Completes Divestment of Drivestream India Stake for ₹18.03 Crore
Wipro Limited has successfully completed the divestment of its entire stake in Drivestream India Private Limited to Drivestream Inc for ₹18.03 crore. The transaction, initially announced on November 3, 2025, was executed on December 23, 2025, with completion confirmation received on January 6, 2026. The sale involved 350,776 equity shares and represents part of Wipro's portfolio optimization strategy with minimal financial impact on overall operations.
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22Dec 25
Wipro Allots 94,813 Equity Shares Under Employee Stock Option Plans
Wipro Limited allotted 94,813 equity shares on December 22, 2025, under two employee stock option plans - 21,126 shares under ADS Restricted Stock Unit Plan 2004 and 73,687 shares under Restricted Stock Unit Plan 2007. The allotment followed ESOP exercises by eligible employees and was disclosed to BSE and NSE under regulatory requirements.
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16Dec 25
Wipro Grants 35,461 ADS Restricted Stock Units to Subsidiary Employees
Wipro Limited has granted 35,461 American Depositary Share Restricted Stock Units to identified employees of its subsidiary company under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant, effective December 16, 2025, will vest according to schedules approved by the Nomination and Remuneration Committee, demonstrating the company's commitment to equity-based compensation and regulatory compliance.
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15Dec 25
Wipro Allots 3.96 Lakh Equity Shares Under Employee Stock Plans on December 15
Wipro Limited has allotted 3,95,874 equity shares under its employee stock option plans on December 15, 2025, with the majority (2,52,134 shares) issued under the ADS Restricted Stock Unit Plan 2004 and 1,43,740 shares under the Restricted Stock Unit Plan 2007. The company has informed both BSE and NSE about this allotment, demonstrating its commitment to regulatory compliance and employee incentivization strategies.
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12Dec 25
Wipro and Google Cloud Enhance Partnership by Introducing Gemini Enterprise Worldwide
Wipro has enhanced its partnership with Google Cloud by introducing Gemini Enterprise worldwide. This strategic collaboration expansion strengthens the relationship between the IT services company and cloud provider, focusing on delivering advanced enterprise solutions globally.
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12Dec 25
Wipro Expands Google Cloud Partnership with Gemini Enterprise Adoption
Wipro has significantly expanded its strategic partnership with Google Cloud through the adoption of Gemini Enterprise across its global operations and the launch of the Google Cloud Gemini Experience Zone at its Bengaluru Partner Labs. The initiative showcases over 200 production-ready AI agents across multiple industries and represents Wipro's commitment to driving enterprise AI transformation through its Wipro Intelligence suite.
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12Dec 25
Wipro Announces Strategic Three-Year Partnership with Microsoft
Wipro has entered into a three-year strategic partnership agreement with Microsoft. This collaboration aims to strengthen Wipro's technology partnerships and expand its service capabilities. The partnership is expected to provide Wipro with access to advanced technology platforms and solutions from Microsoft, potentially enhancing its competitive position in the IT services sector.
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12Dec 25
Wipro Partners Microsoft for AI-Powered Enterprise Transformation
Wipro Limited has announced a three-year strategic partnership with Microsoft to transform enterprises into AI-powered Frontier Firms. The collaboration combines Wipro's consulting expertise with Microsoft's cloud and AI platforms. Key aspects include: launching a Microsoft Innovation Hub at Wipro's Partner Labs in Bengaluru, deploying over 50,000 Microsoft Copilot licenses, upskilling 25,000+ Wipro employees in Microsoft technologies, and developing industry-specific AI solutions across sectors like Financial Services, Retail, Manufacturing, and Healthcare Life Sciences.
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11Dec 25
Citi Maintains SELL Rating on Wipro with Target Price of ₹220
Citi has maintained its SELL rating on Wipro with a target price of ₹220, reflecting the brokerage's cautious stance on the IT services company's stock performance and indicating potential downside risk from current levels.
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02Dec 25
Wipro Streamlines Operations: Digital Inc. Merges with Harman Connected Services
Wipro Limited has announced the merger of its wholly-owned subsidiary, Wipro Digital Inc., with its step-down subsidiary, Harman Connected Services Inc., effective December 1, 2025. This corporate action aims to rationalize and consolidate Wipro's group structure, potentially enhancing operational efficiency and streamlining operations. Harman Connected Services Inc., specializing in IT and Engineering, Research & Development services, reported a turnover of USD 223,538,898 as of December 31, 2024. Wipro has informed stock exchanges about this development in compliance with SEBI regulations.
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01Dec 25
Wipro Updates Fair Disclosure Code to Align with SEBI's Insider Trading Regulations
Wipro Limited has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The policy aligns with recent SEBI amendments, ensuring uniform disclosure of price-sensitive information, defining guidelines for legitimate information sharing, and outlining procedures for analyst and investor interactions. The updated code is accessible on Wipro's website, demonstrating the company's commitment to corporate governance and regulatory compliance.
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27Nov 25
Wipro Secures Multi-Year AI-Powered IT Modernization Deal with Odido Netherlands
Wipro Limited has announced a multi-year engagement with Odido Netherlands B.V. to transform its IT landscape and enhance customer experience. Wipro will lead a full-scale modernization of Odido's digital and enterprise technology landscape using AI-powered platforms like WEGA and WINGS. The deal features a self-funded model where productivity-driven savings will be reinvested in new digital initiatives. Wipro's approach aims to improve customer engagement, enhance productivity, and streamline operations to reduce costs. The collaboration includes Wipro's experience-led studio model, powered by Designit, to accelerate time to market and deliver high-quality digital experiences.
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26Nov 25
Wipro Forges Strategic Alliance with IISc for AI Research, Bolstering Innovation Capabilities
Wipro Limited has announced a strategic partnership with the Indian Institute of Science (IISc) to establish a joint artificial intelligence research program. The collaboration aims to advance AI research capabilities and strengthen Wipro's technology innovation efforts. The partnership will focus on cutting-edge AI research and exemplifies the growing trend of industry-academia collaboration in driving technological advancements. Wipro's strong financial position, with significant growth in assets and investments over the past year, provides a solid foundation for this strategic initiative.
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31Oct 25
Wipro to Mark 25 Years on NYSE with Bell Ringing Ceremony, Launches AI-Powered Platform
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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29Oct 25
Wipro Inks Long-Term AI-Driven IT Deal with HanesBrands, Marking Strategic Shift
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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17Oct 25
Wipro Shares Drop 4.48% Despite Strong Q2 Results and Record Deal Bookings
Wipro Limited reported Q2 revenue of $2,604.3 million, up 0.7% quarter-on-quarter. Large deal bookings surged 90.5% year-on-year to $2.9 billion. IT services operating margin was 16.7%, with adjusted margin at 17.2%. Europe and APMEA segments showed growth, while Americas 2 declined. Despite positive results, Wipro's shares fell 4.48% to ₹242.44, possibly due to concerns about future guidance and mixed analyst opinions.
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16Oct 25
Wipro Secures Two Major Deals Worth Over $500 Million Each in Q2
Wipro Limited has announced signing two significant deals, each valued at over $500 million, during the second quarter of the fiscal year. These high-value contracts, likely to be comprehensive and long-term engagements, could strengthen Wipro's position in the IT services market and potentially impact future revenue streams. While specific details about the deals and clients remain undisclosed, the contracts suggest ongoing investment in digital transformation and IT modernization by global enterprises.
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16Oct 25
Wipro Executive Highlights Growth in Banking Sector Driven by Cost-Optimization and AI Solutions
A Wipro executive highlighted the company's progress in the banking and financial services sector, attributing growth to cost-optimization projects and agentic AI solutions. The company is strategically positioning itself by addressing cost reduction needs and technological advancement through AI implementation. Despite a 4.0% year-over-year decline, the banking, financial services, and insurance segment remains Wipro's largest, accounting for 34.3% of total revenue for Q2 FY25-26.
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16Oct 25
Wipro Projects Q3 IT Services Revenue Between $2.59-2.64 Billion, Reports Q2 Results and $4.69 Billion Bookings
Wipro Limited announced its Q2 FY24 results with a 1.80% YoY increase in gross revenue to ₹227.00 billion. Net income grew by 1.20% to ₹32.50 billion. Large deal bookings surged 90.50% YoY to $2.90 billion. IT Services segment revenue declined 2.10% YoY but showed growth in Europe and APMEA markets. The company maintained steady operating margins and strong cash flows. Wipro also announced the acquisition of HARMAN's Digital Transformation Solutions business for $375 million.
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15Oct 25
Wipro Anticipates Modest Growth in Q2 FY24 Amid Market Challenges
Wipro Limited is scheduled to release Q2 FY24 results on October 16. Analysts project a 4% year-on-year increase in net profit and a 2% rise in revenue. Revenue growth is expected to be 0-0.5% quarter-on-quarter, aligning with the company's guided range of -1% to +1% constant currency growth. EBIT margin is anticipated to decline by 30-40 basis points year-on-year. The performance is influenced by weak discretionary spending, pricing pressure on large deals, and costs associated with deal ramp-ups. Wipro is expected to guide 0-2% constant currency growth for the December quarter. The total contract value of large deals is estimated at $1.50 billion.
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01Oct 25
Wipro to Dissolve Aasonn Philippines Inc. for Group Restructuring
Wipro Limited has announced the voluntary dissolution of its stepdown subsidiary, Aasonn Philippines Inc., effective October 1, 2025. This strategic move aims to streamline and improve the group's overall structure. Aasonn Philippines Inc. had no revenue from operations or net worth contribution as of March 31, 2025, indicating minimal financial impact on Wipro's operations. The dissolution is part of Wipro's efforts to optimize its corporate structure and enhance operational efficiency.
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25Sept 25
Wipro's Azim Premji Declines Karnataka CM's Campus Road Access Proposal
Wipro founder Azim Premji has declined Karnataka Chief Minister Siddaramaiah's proposal to allow public road access through the company's Sarjapur campus to ease traffic congestion. Premji cited legal, operational, and security challenges due to the campus's Special Economic Zone status. Instead, he proposed a data-driven study by urban transport experts to develop sustainable mobility solutions, offering to fund a substantial portion of the study costs.
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24Sept 25
Wipro Streamlines Middle East Operations: Grove Holdings Transfers Capco Consulting Stake
Wipro Limited has completed an internal restructuring of its Middle East operations. The company's step-down subsidiary, Grove Holdings 2 S.á.r.l., has transferred its entire stake in Capco Consulting Middle East FZE to Wipro IT Services UK Societas, a wholly-owned subsidiary of Wipro. The transfer, effective September 19, aims to rationalize and simplify Wipro's group structure and enhance operational efficiency. As a result, Wipro IT Services UK Societas now holds 100% stake in Capco Consulting Middle East FZE. Additionally, Wipro allotted equity shares under its employee stock option plans on September 24.
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23Sept 25
Karnataka CM Proposes Wipro Campus Road Opening to Ease Bengaluru Traffic
Karnataka Chief Minister Siddaramaiah has requested Wipro Founder-Chairman Azim Premji to allow limited vehicular movement through the Wipro campus to reduce traffic congestion at Bengaluru's Iblur junction. The proposal, outlined in a letter dated September 19, aims to address the city's growing traffic challenges. Urban mobility experts estimate this could reduce congestion on nearby stretches by up to 30% during peak hours. The initiative comes as Bengaluru drivers spend an average of 28 minutes to cover 10 kilometers, according to a recent TomTom Traffic Index report. The CM is open to further discussions with Wipro to develop a mutually acceptable plan, considering both traffic management and the company's security needs.
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15Sept 25
Wipro Unveils AI-Powered CyberShield MDR in Expanded Partnership with CrowdStrike
Wipro Limited has expanded its partnership with CrowdStrike to introduce Wipro CyberShield MDR, an AI-powered unified managed security service. The service combines CrowdStrike's Falcon Next-Gen SIEM with Wipro's cybersecurity expertise to offer enhanced threat visibility, AI-driven automation, and simplified operations. It addresses modern security challenges by consolidating data from various sources and leveraging advanced AI capabilities. The service will be managed from eight global Cyber Defense Centers and is set to debut at the CrowdStrike Fal.Con event.
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12Sept 25
Wipro CTO: Agentic AI Gaining Mainstream Traction as Enterprise Risks Are Addressed
Wipro Limited is at the forefront of the agentic AI revolution, developing frameworks to address enterprise risks and creating proprietary AI solutions like WDIS and Vega. The company employs a 'client zero' approach, testing AI solutions internally before client deployment. Wipro is integrating AI across its operations and investing in workforce reskilling, covering areas such as prompt engineering and responsible AI practices. The company has established an Innovation Network, collaborating with internal researchers, startups, and technology partners to drive client-focused innovation in AI.
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10Sept 25
Wipro Shares Surge 2.83% Amid IT Sector Rally and Share Allotment
Wipro's stock climbed 2.83% to ₹256.21, becoming the second-best performer in the IT sector. The rally was driven by Infosys' share buyback announcement and a weakening rupee. Wipro's stock reached an intraday high of ₹257.17 with robust trading volumes. The company recently allotted new equity shares under its employee stock option plans. The Nifty IT index rose over 2%, with all constituents trading positively, despite being down 19% year-to-date.
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26Aug 25
Wipro Shares Worth Rs. 120.53 Crores Traded in NSE Block Deal
Wipro Ltd. experienced a significant block trade on the NSE, with 4,787,868 shares traded at Rs. 251.75 per share, totaling Rs. 120.53 crores. The company has also announced upcoming investor events, including Citi's 2025 Global TMT Conference in New York on September 5, and a Non-Deal Road Show in San Francisco on September 8.
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