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.
Leading information technology company, Wipro has started looking at tapping the booming Chinese IT market, sources said on Friday.
Rishad joined the company in June 2007.
In a step towards complying with the new shareholding norms on promoter holdings, the Azim Premji Foundation said it would sell 35 million shares of Wipro through an auction route, opening on Wednesday.
Just before the actual deployment could take place some time ago, CISF and the business firm could not reach a 'consensus' on the duties to be rendered by the force.
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.
Hours after World Bank made public that Wipro has been debarred from doing any business with the global lender, the company's chairman Azim Premji wrote to its over 1,00,000 employees saying that the company had not done anything unethical.
The global IT outsourcing services industry is going through a rough patch and Wipro itself is undergoing restructuring to win back lost market share.
The Citi deal should help Wipro beef up its presence in the banking and financial services (BFSI) space. The target company does work in the technology infrastructure services space as also application development and maintenance and the Rs 19,957 crore (Rs 199.57 billion) Wipro should be able to leverage these services with other clients. The assured revenues of $500 million will come in handy at a difficult time.
India's third largest service provider Wipro Technologies, is set to begin construction on Rajarhat campus, the second in the city, 'as quickly as possible', said state information technology minister, Debesh Das.
Wipro Technologies, the global IT services division of Wipro Ltd, announced on Tuesday that it had filed patent application for e-Enabler, a new solution kit based on Service Oriented Architecture. This solution provides SOA-based platform to align applications to business processes, cuts deployment time and enables faster time to market, the company said.
From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.
DJSI is an international indicator, which tracks the financial performance of companies having outstanding sustainability conduct.
Emirates NBD is a banking group and a market leader across core business lines and is the leading retail banking franchise in the United Arab Emirates and is also a major player in the corporate banking arena.
The funds raised by employees were matched by an equal contribution from Wipro.
Wipro, India's third-largest software services company is making a shift in its human resources practice.
Wipro is trying to strengthen its presence in the banking, financial services and insurance segment by increasing its revenue share on par with other leading Indian information technology service companies.
The scrip was the top gainer at the BSE benchmark Sensex during the morning session.
Now in its ninth year, the annual NOA Awards recognise best practices in outsourcing projects, the city-headquartered company said.
IT distribution company Neoteric Infomatique Pvt Ltd announced on Friday a strategic alliance with infotech major Wipro for distributing the latter's manufactured notebooks, desktops and servers.
Wipro Technologies, which runs the global IT business of the IT-to-soaps conglomerate, is looking to increase its business from Japan and the Asia-Pacific (APAC) region. It sees a strong demand for intellectual property (IP) in areas such as semiconductors, System on Chip (SoC) and Radio Frequency Integrated Circuit (RFIC) design coming from Japan and the APAC region, which is emerging as the new growth engine of the world.
An interview with Wipro's CFO and executive director Suresh Senapaty where he explains what the new structure will mean for the company.
Among the Sensex firms, Power Grid, IndusInd Bank, Maruti, Wipro, Tata Steel, JSW Steel, Asian Paints, Mahindra & Mahindra, Reliance Industries and UltraTech Cement were the biggest laggards. Hindustan Unilever, Infosys and Tata Consultancy Services and Bharti Airtel were the gainers.
close to the development confirmed that a deal could be signed between the parties shortly
WCCGL, a division of software giant Wipro, which has been selling its Santoor brand of soaps at the Rs 5 and Rs 10 price points in Maharashtra, Karnataka and Andhra Pradesh, now plans to introduce it in five more states.
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with global trends, analysts said. Besides, global oil benchmark Brent crude, rupee-dollar trend and trading activity of foreign investors would also dictate the movement, they said. "On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year.
The awards, presented by the online community Outsourcing Centre, are given for the world's best outsourcing arrangements.
Wipro Infotech, the IT division of the Rs 107 billion Wipro, has announced a joint venture agreement with the Dar al Riyadh group of Saudi Arabia.
As a part of its Tox Tech campaign, Greenpeace in 2005 issued a list of demands on Wipro, including introduction of a take-back policy, recycling and a policy for phaseout of hazardous materials.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
Infosys BPO Vice President Ramit Sethi has joined Wipro BPO as Senior Vice-President-Knowledge Services and Capital Markets.
Targeted at the north and east of India apart from the big metros, WCCL aims to position the brand in the premium segment, but at a discounted price than the existing players. The company also expects to corner a 10 per cent market share in the glycerin soap market in the first year.
Wipro said it expects its IT service revenue for the October-December quarter of 2016-17 to be in the range of $1,916 million to $1,955 million
