Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015
6 years, 1 month ago

Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015

Firstpost  

Wipro Ventures has deployed more than two-thirds of its corpus in 18 startups, according to media reports. The $100 million Wipro Ventures is the strategic investment arm of Wipro and focuses on investing in early-to-mid-stage startups. It has helped its parent Wipro win over 100 deals – 14 in the US, three in Israel and one in Pune-based data startup Altizon Systems Pvt Ltd. “As of date we have committed more than $65 million in the capital,” said Venu Pemmaraju, a managing partner at Wipro Ventures, a report in Mint said. Last year in June, Rishad Premji, NASSCOM Chairman and Chief Strategy Officer and Member of the Board, Wipro Limited, had said that start-ups in India would see substantial growth over the next decade and many of them would turn into world-class organisations to lead the next phase of building “brand India” in a broader technology landscape. He had cited a report titled Perspective 2025: Shaping the Digital Revolution’ by the NASSCOM which said the Indian technology and services industry is on track to reach its goal of $200-225 billion in revenues by 2020 and may even touch $350 billion by 2025.

India Startup Startups Pti Wipro Wipro Ventures  million  18  services  wipro  early  ventures  2015  reach  invests  inception  technology  report  startup  midstage  according  startups

History of this topic

Wipro commits $200 mn to venture arm Wipro Ventures
1 month ago

Wipro commits $200 mn to venture arm Wipro Ventures

The Hindu  

Wipro Limited, a technology services and consulting company, on Wednesday said it would be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago and is aimed at accelerating the company’s investments in early- to mid-stage startups, as …

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise
1 month ago

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise

Live Mint  

IT major Wipro on Wednesday said it will invest USD 200 million in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a …

Wipro reports 24% rise in Q3 net profit
2 months, 1 week ago

Wipro reports 24% rise in Q3 net profit

The Hindu  

Wipro Ltd. on Friday reported a 24.5% year-on-year increase in its net profit of ₹3,353.8 crore in the third quarter of fiscal 2025. Aparna Iyer, Chief Financial Officer, said “We expanded margins for a fourth consecutive quarter, enabling us to achieve our previously stated target margin of 17.5%. Our EPS grew 24.4% YoY and operating cash flow was at 146.5% …

Wipro Q3 earnings: Wipro Q3 net profit zooms 24.4% to ₹3,354 crore, firm tweaks capital allocation policy
2 months, 1 week ago

Wipro Q3 earnings: Wipro Q3 net profit zooms 24.4% to ₹3,354 crore, firm tweaks capital allocation policy

The Hindu  

IT services company Wipro on Friday reported a 24.4% year-on-year rise in its consolidated net profit for the just-ended December quarter at about ₹3,354 crore. Wipro board has approved a revised capital allocation policy that increases the committed payout percentage to 70% or above in a block of three years. The capital allocation policy has been revised to increase the …

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years
3 months, 3 weeks ago

Wipro bonus shares: Power of long-term investment! ₹10,000 turns to ₹5 lakh in 15 years

Live Mint  

Wipro share price traded marginally lower on Tuesday, December 3, as the IT stock turned ex-date for bonus issue. Wipro Bonus shares history This is the IT major’s fourth bonus issue in the last 15 years, according to data available on the BSE website. In 2010, Wipro declared a bonus issue in the ratio of 2:3, wherein two equity shares …

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%
4 months ago

Wipro Share Price Today on 25-11-2024: Wipro share price are up by 1.59%, Nifty up by 1.7%

Live Mint  

Wipro Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Wipro shares are trading at price ₹580.5, 1.59% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%
Trending News
4 months, 3 weeks ago

Wipro Stock Price Today: Up 2.13%, Nifty Down 0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%
4 months, 3 weeks ago

Wipro Stock Price Today: Up 2.13%, Nifty Down by -0.05%

Live Mint  

Wipro shares are trading up by 2.13% today, with the stock price closing at ₹574.15. The company's share price has been trading within a range of ₹561.5 to ₹578.55 throughout the day, indicating a bullish trend. The company's fundamentals, including a ROE of 14.43%, a P/E of 25.08, and a P/B of 3.59, suggest a potential upmove. However, the company's …

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%
5 months ago

Wipro Share Price Today: Up 0.28%, Nifty Down 0.15%

Live Mint  

Wipro shares are trading slightly up today, with the stock price increasing by 0.28%. The company's share price is currently trading at ₹547.15, with a high of ₹554.3 and a low of ₹542.25. The stock has also broken above the short-term simple moving averages of 5, 10, and 20 days, but it has fallen below the long-term moving averages of …

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%
8 months, 1 week ago

Wipro Q1 Results 2024 LIVE: Net Profit Up 4.6% YoY To Rs 3,003.2 Crore; Revenue Falls 3.8%

News 18  

IT major Wipro on Friday declared its Q1 FY25 financial results. The IT major has posted a consolidated net profit of Rs 3,003.2 crore for the June 2024 quarter, a rise of 4.63 per cent year-on-year. Wipro Outlook for Q3 On the outlook, Wipro expects revenue from its IT services business segment to be in the range of $2,600 million …

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%
1 year, 2 months ago

Wipro market cap over ₹2.61 lakh crore after Q3 results; shares jumps 14%

Hindustan Times  

As the quarterly result season is here once again, IT and tech companies are rallying on the stock market, with global firm Wipro being the top gainer on Monday. On Monday, the first market session after the IT firm's quarterly results were posted, Wipro recorded a spike of 14 percent in its share prices, with its overall market cap jumping …

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
1 year, 2 months ago

Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY

India TV News  

Wipro shares rose over 13 per cent in early trading on Monday, reaching a 52-week high of Rs 529, despite the company reporting weaker-than-expected results for the third quarter. The primary reason for the rise in Wipro's shares can be attributed to a 17 per cent surge in its American Depository Receipts. The company's trajectory is perceived as recovering after …

Wipro share price falls 3% post Q2 results; what should investors do?
1 year, 5 months ago

Wipro share price falls 3% post Q2 results; what should investors do?

Live Mint  

Wipro share price declined 3 per cent to close at ₹395.20 on BSE on Thursday, October 19, a day after the IT company released its July-September quarter earnings. Wipro Q2 Results As Mint reported earlier, Wipro’s revenue in the fiscal second quarter totalled $2.71 billion, a 2.3 per cent sequential decline and a 3.7 per cent fall from the year-ago …

Wipro investors and their many worries
1 year, 8 months ago

Wipro investors and their many worries

Live Mint  

The June quarter earnings season began on a sombre note with large-caps Tata Consultancy Services Ltd and HCL Technologies Ltd reporting subdued numbers. “Wipro’s growth underperformance to peers is due to the higher mix of consulting services and steeper impact from discretionary projects in BFSI and Telecom verticals," pointed out a HDFC Securities Ltd report. To its credit, Wipro’s seemingly …

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates
1 year, 8 months ago

Wipro earns cons PAT of ₹2,870 cr in Q1, up by 12% YoY; misses estimates

Live Mint  

Wipro Q1 results: Azim Premji-backed Wipro missed street estimates in the quarter ending June 30, 2023 period. Wipro said despite a gradual reduction in clients’ discretionary spending, it maintained its new business momentum. Further, Wipro's IT services segment revenue saw a gradual rise of 0.8% YoY in dollar terms to $2,778.5 million. The tech major's non-GAAP constant currency IT Services …

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%
2 years, 2 months ago

Wipro's Q3 profit up 2.8% year on year to ₹3,053 crore; revenue up by 14%

Hindustan Times  

Indian IT services firm Wipro reported a bigger-than-expected profit for the third quarter on Friday, boosted by a strong deal pipeline. Wipro Q3 results The Bengaluru-based company's net profit rose 2.8% to ₹30.53 billion for the quarter ended December 31. Wipro forecast revenue growth from the IT services business for the year ending March 2023 in the range of 11.5% …

Four top exits in a month shake Wipro
2 years, 6 months ago

Four top exits in a month shake Wipro

Live Mint  

BENGALURU : At Wipro Ltd, chief executive Thierry Delaporte is battling to build a stable leadership team amid concerns of sputtering growth and declining profitability, leading many to question if last year’s industry-leading growth was just a flash in the pan. At least four senior executives overseeing business in four countries have left Wipro in the last month, even as …

Wipro shares trade near 52-week low on disappointing Q1. What brokerages suggest
2 years, 8 months ago

Wipro shares trade near 52-week low on disappointing Q1. What brokerages suggest

Live Mint  

Shares of Wipro Ltd plunged more than 2% in Thursday's opening deals, trading near its 52-week low level after the company missed analyst estimates for June-quarter profit on Wednesday, as higher employee-related costs pushed up the information technology services firm's overall expenses. Wipro forecast higher revenue growth from IT services on the back of a strong project pipeline, and said …

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%
2 years, 8 months ago

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%

Live Mint  

Wipro Ltd expects revenue for the quarter ended September to be in the range of $2.81-2.87 billion, translating to a sequential growth of 3-5%, faster than the 1-3% it had forecast for the June quarter. The company’s net profit for the June quarter declined 20.7% to ₹2,563 crore from ₹3,232 crore in the year-ago period because of a higher base …

Wipro hires 15,446 employees in Q1, attrition rate inches lower to 23.3%
2 years, 8 months ago

Wipro hires 15,446 employees in Q1, attrition rate inches lower to 23.3%

Live Mint  

Wipro has made one of the highest hiring in the June 30, 2022 quarter compared to its peers like TCS and HCL Tech. As of June 30, 2022, Wipro's employees headcount is 258,574 compared to 243,128 employees as of March 31, 2022. In Q1FY23, HCL Tech's total employees count stood at 210,966 rising by 2,089 employees from 208,877 count in …

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise
2 years, 8 months ago

Wipro Q1 Results: Profit Declines 21% YoY to Rs 2,563 Crore as Expenses Rise

News 18  

Wipro Q1 Results: IT major Wipro on Wednesday reported its June quarter profit at Rs 2,563 crore, a dip of 20.9 per cent year-on-year. Wipro’s revenue for the quarter rose 17.9 per cent YoY to Rs 21,528.6 crore. The consolidated total revenue for the Bengaluru-based IT company rose 15.51 per cent on year to Rs 22,001 crore as compared to …

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates
2 years, 8 months ago

Wipro Q1 net profit tanks 21% to ₹2,563.6 cr, misses Street estimates

Live Mint  

Wipro Q1 results: Information technology giant Wipro on Wednesday reported a 20.94% year-on-year dip in its consolidated profit after tax at ₹2,563.6 crore for the quarter ended June 2022. Wipro had posted a consolidated PAT of ₹3,242.6 crore in the same quarter last fiscal. On a sequential basis, the Bengaluru-based IT company's net profit fell 16.96% from ₹3,087 crore in …

Wipro net profit rises to Rs 3,092 crore in Quarter 4
2 years, 10 months ago

Wipro net profit rises to Rs 3,092 crore in Quarter 4

Firstpost  

New Delhi: IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. Wipro’s consolidated revenue from operations during the reported quarter grew about 28 per cent to Rs 20,860 crore. For the year ended March 31, 2022, Wipro posted a 12.57 per cent increase in …

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%
2 years, 10 months ago

Wipro Q4 Results: Net Profit Rises 3.9% YoY to Rs 3,090 Crore; Revenue Up 28.5%

News 18  

IT major Wipro on Friday reported a 3.9 per cent year-on-year jump in its net profit to Rs 3,090 crore for the March 2022 quarter. For the full financial year, Wipro’s net profit stood at Rs 12,220 crore in 2021-22, a jump of 13.2 per cent as compared to the previous year. Wipro CEO and Managing Director Thierry Delaporte said, …

Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr
3 years, 8 months ago

Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr

News 18  

IT major Wipro on Thursday reported a 35.6 per cent jump in consolidated net profit to Rs 3,242.6 crore for the June 2021 quarter. Its revenue from operations increased by 22.3 per cent to Rs 18,252.4 crore in the reported quarter from Rs 14,913.1 crore in the same period last fiscal, Wipro said in a regulatory filing. Wipro’s IT services …

Wipro shares jump nearly 10% after Q4 earnings
3 years, 11 months ago

Wipro shares jump nearly 10% after Q4 earnings

India TV News  

Shares of Wipro zoomed nearly 10 percent in morning trade on Friday after the company posted a 27.7 percent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter, and exuded confidence of sustaining strong growth momentum in the coming quarters. Its revenue from operations rose by 3.4 percent to Rs 16,245.4 crore in the reported …

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups
4 years ago

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups

Live Mint  

NEW DELHI: Entrepreneur First, a UK-based global talent investor has announced a total pre-seed investment of $440,000 in eight cutting-edge tech startups from its fourth cohort in India. And the fourth cohort is no different - from smart recruitment for SMEs to AI-driven automated apparel cataloguing to revolutionizing antibody discovery and immersive experiences, these startups show are well poised to …

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic
4 years, 1 month ago

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic

Firstpost  

Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. “Weathering negative sentiment, seed stage investment deals grew by 50 percent from $353 million over 420 deals in 2019 to $372 million over 672 deals in 2020. The report said Bengaluru, …

Wipro Q3 results: Profit dips nearly 3% to Rs 2,455.9 crore in December quarter
5 years, 2 months ago

Wipro Q3 results: Profit dips nearly 3% to Rs 2,455.9 crore in December quarter

India TV News  

IT services major Wipro on Tuesday reported 2.17 per cent dip in consolidated net profit to Rs 2,455.9 crore for December 2019 quarter. Its revenue from operations grew 2.7 per cent to Rs 15,470.5 crore during the period under review from Rs 15,059.5 crore in the same quarter last year. Wipro, which gets bulk of its topline from IT services, …

Wipro bags $300 mn contract from ICICI Bank
5 years, 6 months ago

Wipro bags $300 mn contract from ICICI Bank

The Hindu  

In one of the sizable domestic deals, digital transformation and IT services major Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank. Under the contract, Wipro will offer a comprehensive suite of services to ICICI Bank for the next seven years, starting September 2019. As part of this strategic engagement, Wipro will absorb about …

Wipro shares gain nearly 4% post Q1 earnings; IT major posts 12.5% on-year rise in net profit
5 years, 8 months ago

Wipro shares gain nearly 4% post Q1 earnings; IT major posts 12.5% on-year rise in net profit

Firstpost  

Shares of Wipro rose nearly 4 percent on Thursday after the company posted a 12.5 percent rise in consolidated net profit for the April-June quarter New Delhi: Shares of Wipro rose nearly 4 percent on Thursday after the company posted a 12.5 percent rise in consolidated net profit for the April-June quarter. Wipro on Wednesday posted a 12.5 percent rise …

Samsung Venture invests $8.5 mn in 4 Indian startups; company plans to make over 100 investments in country in next 3-5 years
5 years, 8 months ago

Samsung Venture invests $8.5 mn in 4 Indian startups; company plans to make over 100 investments in country in next 3-5 years

Firstpost  

SVIC has invested in startups across countries like the US, the UK, Israel, Canada, China, South Korea and Japan. New Delhi: Samsung Venture Investment Corporation, the investment arm of the South Korean tech giant, on Wednesday said it has made its maiden investment in India by pumping in $8.5 million in four Indian startups. SVIC, which has invested in a …

Wipro shares gain over 1% post as company posts 38.4% rise in net profit for March 2019 quarter
5 years, 11 months ago

Wipro shares gain over 1% post as company posts 38.4% rise in net profit for March 2019 quarter

Firstpost  

The scrip gained 1.32 percent to close at Rs 284.80 on the BSE. New Delhi: Shares of Wipro rose over 1 percent Thursday after the company posted 38.4 percent rise in net profit for March 2019 quarter and wooed shareholders with up to Rs 10,500 crore buyback plan. Software major Wipro Tuesday posted 38.4 percent rise in net profit at …

Health-tech startup funding hits all-time high of $510 million in 2018
6 years, 4 months ago

Health-tech startup funding hits all-time high of $510 million in 2018

Live Mint  

Mumbai: Venture capital investment in home-grown health-tech startups in 2018 is at an all-time high with continuing investor interest, data from Tracxn Technologies shows. So far, $510 million has been invested across 80 health-tech startups, led by medicine ordering website PharmEasy, which raised $115 million across three rounds this year. Demonetisation and the subsequent surge in digital payments also helped …

Wipro Q2 net profit drops 14% to Rs 1,889 cr; names Arundhati Bhattacharya as independent director
6 years, 5 months ago

Wipro Q2 net profit drops 14% to Rs 1,889 cr; names Arundhati Bhattacharya as independent director

Firstpost  

Wipro, which gets bulk of its topline from IT services, said the IT services segment revenue was at Rs 14,380 crore. Bengaluru: IT services major Wipro on Wednesday posted a 13.8 percent decline in consolidated net profit at Rs 1,889 crore for the July-September quarter of 2018-19 compared to the year-ago period. After adjusting the impact from the divestment of …

Q2 results: Wipro revenue rises 1.37% to $2.04 billion
6 years, 5 months ago

Q2 results: Wipro revenue rises 1.37% to $2.04 billion

Live Mint  

New Delhi: Wipro Ltd on Wednesday posted second-quarter revenue growth that beat analyst estimates even as the company’s divestment of some businesses in the past to make itself future-ready has taken some sheen off the financial performance in the first half of this financial year. Wipro’s revenue from clients in the banking and financial services industry, which comprises 30.7% of …

Wipro shares jump over 8% as company bags biggest order till date for $1.5 bn from Alight Solutions
6 years, 6 months ago

Wipro shares jump over 8% as company bags biggest order till date for $1.5 bn from Alight Solutions

Firstpost  

New Delhi: Shares of Wipro on Monday surged more than 8 percent in morning trade on bourses after the IT services major said it had bagged $1.5 bn deal from Alight Solutions, its biggest deal till date. Under the 10-year deal, Wipro will provide a comprehensive suite of solutions and services to the Illinois-based Alight Solutions that provides technology-enabled health, …

Wipro wins $1 billion IT deal from Alight Solutions
6 years, 8 months ago

Wipro wins $1 billion IT deal from Alight Solutions

Live Mint  

Bengaluru: Wipro Ltd has won a $1 billion contract, the biggest such order in four years, from Alight Solutions, the former benefits administration and human-resources outsourcing business of Aon Plc, according to two people familiar with the development. Starting next year, Wipro is assured of at least $140 million in revenue, a shot in the arm for Abidali Neemuchwala, who …

Wipro sees strong demand for services from BFSI segment; faces challenges in domestic biz, US healthcare
6 years, 8 months ago

Wipro sees strong demand for services from BFSI segment; faces challenges in domestic biz, US healthcare

Firstpost  

Bengaluru-based Wipro said it expected revenue form its key IT services business for the quarter ending September to be in the range of $2.01 billion to $2.05 billion. Mumbai/Bengaluru: IT company Wipro Ltd said it was seeing strong demand for its services from clients in banking, financial services and insurance, while it faces challenges in its India business and in …

Wipro beats estimates, Q1 net profit rises 11% to $307.55 million
6 years, 8 months ago

Wipro beats estimates, Q1 net profit rises 11% to $307.55 million

Live Mint  

Bengaluru: Wipro Ltd on Friday reported first-quarter earnings that beat analysts expectations, as net profit rose 11% to $307.55 million from $277 million in the preceding three months, primarily on account of gains made from divestment of one of its businesses. Bengaluru-based Wipro’s dollar revenue declined 1.7% to $2.03 billion in the quarter ended 30 June from the preceding three …

Wipro Q4 net falls over 20% on-year to Rs 1,800 cr; total income down 4.9%
6 years, 11 months ago

Wipro Q4 net falls over 20% on-year to Rs 1,800 cr; total income down 4.9%

Firstpost  

For the entire financial year ended 31 March, Wipro’s profit fell 6 percent to Rs 8,003.1 crore, while total income dipped 1.7 percent to Rs 57,035.8 crore over 2016-17. Wipro on Wednesday posted over 20 percent decline in its consolidated profit to Rs 1,800.8 crore for the March quarter, 2017-18. Its total income was down 4.9 percent at Rs 14,304.6 …

Wipro board okays Rs 11,000-crore buyback
7 years, 8 months ago

Wipro board okays Rs 11,000-crore buyback

Deccan Chronicle  

Bengaluru: India’s third largest software services company Wipro on Thursday announced that the board of directors has approved a proposal to buyback shares worth Rs 11,000 crore at a price of Rs 320 per share. Speaking about the announcement of buyback of equity shares, Wipro CFO Jatin Dalal said that the announcement to buyback equity shares was a part of …

Wipro Q3 net beats analysts forecast, but margins take a hit due to Chennai floods
9 years, 2 months ago

Wipro Q3 net beats analysts forecast, but margins take a hit due to Chennai floods

Firstpost  

Analysts polled by Thomson Reuters estimated net profit in the quarter at Rs 2,223 crore Wipro, the Bangalore-headquartered country’s third largest software exporter, posted 1.8 percent rise in its consolidated net profit, beating analysts forecast, to Rs 2,234.1 crore for the quarter ended December 31, 2015. Analysts polled by Thomson Reuters estimated net profit in the quarter at Rs 2,223 …

2015 was the biggest year for Indian Startups
9 years, 2 months ago

2015 was the biggest year for Indian Startups

The Hindu  

The government officially launched the ‘Startup India’ programme, first mentioned by the Prime Minister in last year’s Independence day address, today. As per NASSCOM’s “Startup-India : Momentous Rise of Indian Startup Ecosystem” report, India ranks third globally with over 4200 startups. Bengaluru, often referred to as India’s Silicon Valley, has been listed within the world’s 20 leading startup cities in …

Wipro revenues up by 18 per cent
11 years, 2 months ago

Wipro revenues up by 18 per cent

The Hindu  

IT services major Wipro announced on Friday that it's consolidated revenues in the third quarter ending December 31 amounted to Rs. 11,330 crores, an increase of 18 per cent over the corresponding quarter of the previous year. Dollar-denominated earnings from IT services amounted to $1.68 billion, 6.4 per cent higher than in the previous year. 2,380 crores, an increase of …

Top 10 quotes by Wipro chairman Azim Hashim Premji
11 years, 4 months ago

Top 10 quotes by Wipro chairman Azim Hashim Premji

India TV News  

New Delhi: Azim Hashim Premji is the founder of Wipro and has been its Executive Chairman and Managing Director since September 1968. Premji has been honored with several awards and honorary doctorates including the “Padma Vibhushan”, India's second highest civilian felicitation in recognition of his life time achievements in the business world.Premji was born in Karachi, to an affluent Gujarati, …

Wipro Q2 Net up 28 pc; revenue growth lags rivals
11 years, 5 months ago

Wipro Q2 Net up 28 pc; revenue growth lags rivals

India TV News  

Bangalore: Posting better-than-expected earnings, India's third largest IT exporter Wipro today reported a 28 per cent growth in its consolidated net profitfor the quarter ended September 30, aided by currency depreciation and an uptick in client spending. In US dollars, IT revenues rose 5.9 per cent year-on-year to USD 1.63 billion, whereas, sequential growth stood at 2.7 per cent.Wipro, which …

Wipro Q3 Net Up 10 % At Rs 1,456 Cr
13 years, 2 months ago

Wipro Q3 Net Up 10 % At Rs 1,456 Cr

India TV News  

Bangalore, Jan 20: Meeting street expectations, IT major Wipro today reported a 10 per cent rise in the third quarter consolidated net profit at Rs 1,456 crore, aided by a weak Rupee and steady demand. Revenues of the Bangalore-headquartered, New York Stock Exhange-listed company jumped 28 per cent year-on-year to Rs 9,997 crore for three months ended December 31, 2011. …

Discover Related