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Wipro's shares dropped the most in more than four years on Monday morning as investors punished India's no. 4 IT services firm for its poor growth at a time when rivals talked of a return of client spending and posted strong results.
Wipro missed quarterly revenue estimates on Friday due to weak demand in Europe and Asia-Pacific, highlighting the tough task its new boss faces as he tries to turn around the fortunes of India's No.4 software-services exporter.
Wipro , India's fourth-largest IT services player, missed quarterly revenue expectations on Friday due to prolonged softness in key geographies such as Europe, and Asia Pacific, India, Middle East and Africa.
Wipro (WIT) secures a contract from its long-term partner, Hanesbrands, to improve the latter's profitability and business growth through the acceleration of digital transformation.
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #CustomerEngagement--Wipro Launches On-Premise GenAI Solution with Hewlett Packard Enterprise.
E. BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #Collaboration--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) today announced the expansion of retail-focused capabilities within Wipro VisionEDGE+.
India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025.
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)---- $WIPRO #AIprinciples--Wipro Limited today announced the appointment of Sanjeev Jain as the Chief Operating Officer effective immediately.
India's Wipro said on Friday that its chief operating officer Amit Choudhary is stepping down, with Sanjeev Jain, current global head of business operations named as his successor with immediate effect.
SANTA CLARA, Calif. , May 16, 2024 /PRNewswire/ -- Eightfold AI , the leader in AI-powered talent intelligence, today announced a collaboration with Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, to optimize talent management and promote skills development.