Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
On the prowl for more buyouts, software major Wipro would pursue the strategy of acquisitions more aggressively in future along with other initiatives.
According to NSSO, more than half of India's working-age population is out of labour force. In 2017-18, the youth unemployment rate was in the range 13.6-27.2 per cent.
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
On the back of growing clout of the Indian IT sector, domestic giants Tata Consultancy Services, Infosys and Wipro may soon join the league of top 10 most valued firms globally in terms of market capitalisation in the next 2-3 years.
Wipro is contemplating vast expansion in Andhra Pradesh with proposed investment of Rs 950 crore (Rs 9.5 billion) that could generate employment for nearly 29,000 people.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
Software giant Wipro Ltd is planning to invest in another software development complex in West Bengal if it gets the special economic zone status from the central government.
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
Anil Ambani, vice chairman and managing director of Reliance Industries Ltd, has been adjudged the most admired chief executive in India, while his elder brother Mukesh Ambani occupied the fifth slot.
Optimism about the Indian economy makes it all the more necessary for the country to be prepared to face competition from nations like China and the United States, Wipro Chairman Azim Premji said on Friday.
The richest Asian is Prince Alwaleed Bin Talal Alsaud ($21.5bn) of Saudi Arabia while Aziz Premji heads the Indians on the list.
A chess buff, Neemuchwala enjoys volunteering, travelling, Indian music, reading fiction, and golf.
Leading information technology company, Wipro has started looking at tapping the booming Chinese IT market, sources said on Friday.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
Infosys chief Narayana Murthy has emerged India's most admired business leader, ahead of late Reliance chief Dhirubhai Ambani, Azim Premji of Wipro and noted industrialist Kumarmangalam Birla, in a survey conducted among management students.
This makes him corporate India's biggest donor to society.
Top ten billionaires in India.
Indian software giant, Wipro said on Thursday that it was developing a low-cost computer that would run on low power and would have inbuilt source of two hours of standby power supply.
Its being offered under the restricted stock unit plans of 2005 and 2007
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
Wipro is planning to recruit 9,000 infotech professionals this year to meet manpower needs of its computer software services and business process outsourcing activities.\n\n\n\n
After his retirement from Infosys last year, Gopalakrishnan has been active in philanthropy, science and technology
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ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities
Union IT and Communications Minister Arun Shourie on Monday met IT industry leaders including Wipro Chairman Azim Premji in Bangalore and discussed the steps that need to be taken to propel the industry ahead.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
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