DESIGNIT
Wipro merges two North American subsidiaries, liquidates Australian unit
Wipro merged its subsidiaries Designit North America and Wipro Designit Services, effective July 1st. In a separate move, they deregistered another step-down subsidiary Attune Australia Pty Ltd on June 26.
Wipro bags multi million dollar deal to transform Nokia's digital workplace services
Designit, a Wipro company that specialises in user experience strategy and implementation, will conduct user research to ensure personalised assistance is offered to employees at the right time.
Wipro acquires US insurtech firm Aggne Global for $66 million
Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing. Revenues of the Aggne Group are $4.5 million for calendar year 2021, $9.1 million for 2022, and $17.9 million 2023.
Wipro's Badri Srinivasan handed additional India charge role after Satya Easwaran quits
Srinivasan joined Wipro in January 2022 as the managing director for Southeast Asia, where he led the consolidation of transformational engagements with client.
Wipro announces four new business lines to align with clients' needs
Under the new model, Wipro has created four GBLs organized around cloud, enterprise technology and business transformation, engineering, and consulting, according to the exchange filing. The changes will go into effect April 1, 2023.
Wipro, Finastra tie up to target digital transformation business from corporate banks in the Middle East
The deal will make Wipro the exclusive implementation and go-to-market partner deploying Finastra’s trade finance solutions in the region.
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Wipro appoints former Infosys veteran Badrinath Srinivasan as Southeast Asia MD
Badrinath Srinivasan will strengthen the key markets of Southeast Asia focusing on large deals and strategic transformational engagements as part of his mandate, Wipro said
TCS, Infosys and Wipro first in line for spoils of a Covid wipeout
The firms have reserves of more than $13 billion to buy rivals in niche segments.
IT looks to up interactive share in revenue mix
The interactive business requires more design as well as user interaction and experience building to hook end customers to a digital product or make a digital experience more enjoyable.
Task cut out for Rishad Premji: Match Wipro's growth with industry's
Premji Jr needs to match Wipro’s growth to the industry’s with high-margin digital businesses.
Such a long journey: Azim Premji and Wipro
In year 1981 Wipro changed focus and concentrated on booming technology industry.
3 years on, Abidali Neemuchwala has several hits, and misses too
As Wipro lags behind its peers, CEO says company needs a few more quarters to see faster growth.
Wipro buys US design consultancy Cooper to grow digital innovation capabilities
Cooper is credited with inventing many tools and approaches used in design, including the Goal-Directed Design method.
Wipro buys US-design consultancy Cooper for $8.5 million
Cooper is credited with inventing many tools and approaches used in design, including the Goal-Directed Design method and personas as a practical interaction design tool, Wipro said.
Top stocks in focus on 5 October 2017
Here is a list of top stocks that are likely to be in focus in today's trading session.
Wipro has the real appetite to be bold: Rishad Premji, Chief Strategy Officer
We’ve said we will invest $100 million in startups. We have deployed about a third of that. We will continue in the same kind of rhythm — four to six or eight investments a year, he said.
We'll be done with company specific challenges in FY18: Abidali Neemuchwala, CEO, Wipro
"We are looking at more acquisitions that help us with capabilities, in automation, we have a very good platform, so we don't see a need for an acquisition" he said.
Sebi brings in new KYC rules for investors, mother's name and proof of address mandatory
The requirement will become mandatory for new investors from August 1, however, dates for existing ones haven't been announced. New norms also seek disclosure of 'maiden name'.
Wipro sets target of 12 per cent growth in 2016-17
Sources in the company said CEO Abidali Neemuchwala is goading his top executives to get to that figure. That's almost double the growth rate in constant currency in the current year.
Wipro buys US-based HealthPlan Services for $460 million
Weeks after Abidali Neemuchwala took over as chief executive and internally laid out a vision to make Wipro a $15-billion company by 2020.
Wipro agrees to buy German IT services company Cellent AG for $78 million
Cellent has been offering services to its customers in Germany, Austria & Switzerland for the past 14 yrs & has a team of more than 800 consultants, Wipro said.
Wipro's Q3 growth forecast misses estimates; firm plans to go aggressive on deals
Wipro’s IT services revenue rose 2.1% sequentially to $1,831.9 million. In constant currency terms, the company reported growth of 3.1%.
Wipro Q2 earnings: Five things to watch out for
Analysts expect Wipro to grow 2.5% in reported currency, or 3.5% excluding currency fluctuations, at the higher end of its 1.5-2.5% growth target.
Indian IT firms' digital ambitions hurt by internal bottlenecks
Earlier this week, Tech Mahindra said digital was about 13 per cent of its business and could grow to 40 per cent in the next two years.
There is a case to regulate crowd funding: RBI deputy governor S S Mundra
Mundra pointed out that though these innovative and disruptive technologies are in their infancy they will assume importance in the near future.
Narendra Modi-led government needs more time to show results: Azim Premji
That is still not being felt on the ground in terms of traction. But in all fairness to the government, we have to give it time,” Premji said at Wipro’s annual general meeting.
Wipro aims to increase rate of patent filing
According to Wipro's Annual Report 2014-15, it has also set up a $100 million corporate venture capital fund to invest in startups.
Wipro Digital to acquire Denmark based design firm Designit
Designit’s capabilities in strategic design, user experience, interaction design and product innovation are likely to complement Wipro Digital offerings.
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