Wipro

IIT Kharagpur honours Azim Premji

IIT Kharagpur honours Azim PremjiKharagpur: Wipro Chairman Azim Premji was honoured on Saturday with a doctorate by IIT Kharagpur.

The 69-year-old businessman and philanthropist was given the honorary degree of Doctor of Science "for being one of the pioneers of entrepreneurship in modern India through the establishment of Wipro, an organisation deeply committed to values" at the 60th convocation of the institution.

Premji received the DSc (Honaris Causa) from 'Bharat Ratna' scientist C N R Rao.

Wipro's Q1 profit up 29.6 percent

Wipro's Q1 profit up 29.6 percentBangalore, July 25 : India's third-biggest IT services exporter, Wipro Limited , posted fiscal first-quarter profit up 29.6 percent and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.

Bangalore-based Wipro, which inked a 10-year deal to manage IT outsourcing of Canadian energy and utilities firm Atco, said it expected IT services sales in this quarter to grow between 1.7 and 4 percent from the quarter ended June.

Premji seeks clearance for SEZ project from Karnataka govt

Azim-PremjiBangalore: Wipro on Tuesday sought speeding up of departmental clearances, including those relating to environment and forest, as part of setting up of Kodathi SEZ project here.

"Azim Premji, Wipro Chairman, met me and requested the government to expedite departmental clearances, including environment, forest and BDA (Bangalore Development Authority) at the earliest to set up SEZ at Kodathi on the outskirts of the city," Karnataka Chief Minister Siddaramaiah said.

Replying to a query, Siddaramaiah said Premji did not talk about the investment to be made in the project but said the SEZ would create 25,000 jobs in the first phase.

Wipro gets Golden Peacock Award 2014

WiproBangalore: IT major wipro on Monday announced it has been recognised with the prestigious Golden Peacock Award 2014, in the category of 'Innovative Product/Service' for Wipro's 'Assure Health' solution in India.

Wipro Assure Health is a disruptive healthcare delivery solution that enables affordable patient centric healthcare through non-invasive wearable sensor, advanced mobility, cloud based analytics and evidence based decision support system, the company said on Monday.

Remote pregnancy monitoring and remote cardiac monitoring are initial two flavours of this innovative solution, it added.

Wipro wins order for cloud-based service

wiproBangalore, June 2 : IT bellwether Wipro has bagged an order to provide cloud-based managed services to digital cable and broadband service provider DEN Networks.

The deal will enable DEN to transform into a B2C (business-to-customer) from B2B (business-to-business) firm.

"The 10-year-long contract will enable DEN to provide its customers, local cable operators and partners with real-time services, ensuring continuous engagement and zero downtime," the global software major said in a statement here Monday.

Wipro expanding operations in Ireland

WiproBangalore, May 27 : India's third largest IT bellwether company Wipro Ltd is expanding its operations in Ireland to meet its business requirements in Britain.

"We plan to increase the headcount by 50 percent (100) in the next 12 months at the Shannon development centre in Dublin where we have about 200 engineers delivering IT services to banks and financial services firms across Ireland and Britain," the global software major said in a statement here Tuesday.

Wipro to offer regulatory reporting solution to FIs

WiproBangalore, May 6 : India's third largest IT bellwether Wipro Tuesday announced a partnership with the US-based Axiom Software Laboratories to provide a regulatory reporting solution to global financial institutions.

"With Axiom's expertise in regulatory reporting and risk management solutions, we will jointly address challenges faced by the financial services industry, comprising institutions, banks and insurance players," the global software major said in a statement here.

The integrated software solution will also enable financial enterprises to increase transparency, improve data integrity, granularity and traceability for regulatory compliance.

Wipro net up 41 percent in Q4

Wipro net up 41 percent in Q4Bangalore, April 17 : India's third largest software exporter Wipro Ltd has reported net profit of Rs. 2,230 crore for fourth quarter (January-March) of fiscal 2013-14, registering an increase of 41 percent year-on-year (YoY) as per Indian accounting standard.

In a regulatory filing to stock exchanges Thursday, the IT bellwether said revenue for the quarter under review grew 22 percent YoY to Rs. 11,700 crore, as per Indian accounting standard.

Revenue from its flagship IT services business at $1.72 billion was up 8.5 percent YoY and 2.5 percent sequentially.

Wipro to service SGI data customers in India

Wipro to service SGI data customers in IndiaBangalore, March 12 : IT bellwether Wipro has entered into a strategic partnership with the US-based SGI to service its customers and partners in big data and computing, and expand its market presence in India.

"As exclusive authorised service provider for SGI, we will also provide new solutions, maintenance services and enhanced support to its customers and partners across the country," Wipro vice-president Anuj Bhalla said in a statement here.

Wipro honoured for empowering women staff

WiproBangalore, March 7 : India's IT bellwether Wipro Ltd. was honoured with the Women's Empowerment Principles (WEP) leadership award in New York for its commitment to gender equality and responding to women's multiple responsibilities through innovative programmes.

T. K. Kurien, Wipro chief executive, who received the award at the UN headquarters during the WEP annual event Friday, said creating an inclusive and non-discriminatory workplace was aimed at helping women executives realise their career ambitions.

Wipro wins 10-year deal from British IT firm

Wipro wins 10-year deal from British IT firmBangalore, Feb 25 : Indian IT bellwether Wipro Ltd Tuesday announced it had won a 10-year multi-million dollar contract from the Britain-based leading integrated support services firm Carillion Plc.

As a global strategic partner, Wipro will provide integrated IT and back-office services to Carillion, which operates across industry verticals in Britain, West Asia and Canada, providing a range of solutions, including project finance, design, construction and support services.

Carillion also handles public-private partnership projects

Wipro working towards becoming really global company

Wipro working towards becoming really global companyWorking towards becoming a really global company, Wipro will make its senior management team more diverse in terms of nationality and the one that has more women.

T K Kurien, chief executive of the Indian software giant, said that the company would have to be different in the future as it could not go on with traditional management structures.

Wipro offers fellowship to US school teachers

Wipro-LtdBangalore, Dec 19 : Indian IT bellwether Wipro Ltd Thursday announced a fellowship programme to nurture talent of American school teachers in mathematics and science in collaboration with Michigan State University.

"We are funding the multi-year programme with a $2.8-million grant to initially train about 100 teachers in Chicago public schools in both the subjects," Wipro chief executive T. K. Kurien said in a statement from New Jersey.

S&P upgrades TCS, Infosys and Wipro

S&P upgrades TCS, Infosys and WiproGlobal rating agency Standard & Poor's (S&P) on Friday revised upwards the long-term corporate credit ratings of three Indian software giants, viz. Tata Consultancy Services (TCS), Wipro and Infosys.

S&P raised its long-term corporate credit rating on TCS from BBB+ to A; and on Infosys and Wipro from BBB+ to A-. The agency's outlook on the rating for Wipro and Infosys is `stable', while for TCS the outlook on the foreign currency rating is `negative'.

Wipro to acquire US-based mortgage consulting firm Opus CMC

WiproBangalore-based software exporter Wipro on Monday confirmed that its had signed a definite agreement to acquire US-based mortgage consulting firm Opus Capital Markets Consultants LLC for $75 million (nearly Rs 466.5cr).

The acquisition Opus Capital will provide strength to Wipro's mortgage solutions and outsourcing business as well as help it improve its existing offerings in mortgage market.

Manoj Punja, Senior Vice President and Head of BPO at Wipro, said, "This acquisition will help us expand in the high end Mortgage BPO segment, and brings differentiated capability with a platform-based risk management offering."

Wipro’s Azim Premji tops India philanthropist list

Wipro’s Azim Premji tops India philanthropist listInformation technology (IT) tycoon Azim Premji grabbed the top spot on the list of India's leading philanthropists, according to China-based Hurun Report Inc.

Hurun Report Inc. ranked Mr. Premji at No. 1 in its recently released Hurun India Philanthropy List 2013. As per the report, the 68-year-old Wipro chairman donated Rs 8,000 crore in the past year as his contribution towards the country's philanthropic efforts.

Azim Premji tops India philanthropist list

Azim-PremjiNew Delhi, Nov 13 : Wipro chief and IT tycoon Azim Premji tops the list of Indian philanthropists with donations amounting to Rs. 8,000 crore in the past year, followed by HCL chairman Shiv Nadar, a report said.

Premji, 68, who owns 57 percent of Wipro, has donated 10 percent stake in the company to Azim Premji Foundation that promotes education in rural India, China-based Hurun Report Inc. said in its HurunIndia Philanthropy List 2013.

"To him (Premji) goes the credit of becoming the first Indian to sign up for the Giving Pledge, a global philanthropic initiative spearheaded by Warren Buffet and Bill Gates," it said.

Wipro rejigs senior executives to spur growth

Wipro-LtdBangalore, Oct 3 :Global software major Wipro Ltd Thursday shuffled its senior executives to capitalise on the growth momentum picking up in the US and European economies.

As part of the rejig, senior vice-president Shaji Farooq has been appointed as global head of its banking, financial services and insurance (BFSI) strategic business unit in place of Soumitro Ghosh, who will head Wipro Infotech, which looks after the India and Middle East business.

Wipro partners with US firm to service global insurers

Wipro-Kana-SoftwareBangalore, Sep 7 : Indian IT bellwether Wipro Ltd has tied up with the US-based Kana Software to provide customer service solutions to its global insurers through a joint development centre, the company said Saturday.

"As a strategic partner, we have been certified to use Kana's technology for enhancing customer service of its global insurers through our joint development centre," the global software major said in a statement here.

The partnership also provides Kana with systems integration scalability, as Wipro has presence across 57 countries worldwide.

Wipro to ramp up headcount in Nordic region

Wipro-LtdBangalore, Sep 3 : Global software major Wipro Ltd will ramp up its headcount in the Nordic region in northern Europe to have 500 techies over the next three years, the IT bellwether said Tuesday.

"As Nordics is set to emerge as an important growth markets for us, we are committed to investing in the region to serve our customers across industry verticals," Wipro's chief sales and operations executive Rajat Mathur said in a statement here.

The five northern European countries -- Denmark, Finland, Iceland, Norway and Sweden -- form the Nordic region.




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