wipro in news
RSS wipro in newsWipro splashes €41m on European acquisition
News Indian outsourcing company Wipro is targeting the global retail sector with the €41m acquisition of Portuguese IT company Enabler. Sudip Nandy, chief strategy officer at Wipro, said the acquisition further expands the Indian company's geographic... [01 Jun 2006]
Wipro: India will increase its share of the R&D pie
News Azim Premji, chairman of Wipro, said at the Future in Review conference in Coronado, California on Monday: "The US will graduate more sports therapists this year than engineers. Software services still account for the largest percentage of Wipro's... [16 May 2006]
Wipro beats analyst pessimism
News Indian software giant Wipro has posted second quarter results well above analyst expectations as net profit rose 38 per cent on the same period last year to $44m. Wipro founder and chairman, Azim Premji, praised his firm's productivity. [22 Oct 2001]
Wipro sets up shop in Finland
News Wipro has opened its first development centre in Scandinavia, at Tampere in Finland. Wipro is looking to work more closely with European companies. Wipro is already India's largest exporter to Finland, according to figures from the Indian Embassy... [29 Nov 2002]
Wipro chief - Indian companies heading for the top
News The already-blurred distinction between Indian outsourcers and the traditional big services companies will soon disappear, the head of tech giant Wipro has claimed. As Indian services companies look at bigger deals and more complex consultancy... [07 Nov 2006]
Wipro pays $28m for payment software firm mPower
News Wipro has acquired payment software maker mPower for $28m. The deal includes acquisition of 100 per cent stake in Mpact, a joint venture of MasterCard and mPower, the Bangalore-based Wipro said. About 300 mPower workers will now work for Wipro. [23 Dec 2005]
India's Wipro to create 500 new UK jobs
News Indian outsourcing giant Wipro is expanding its operations in the UK, creating 500 new jobs in the process. Wipro revealed its expansion plans on Chancellor of the Exchequer Gordon Brown's visit to India last week. [23 Jan 2007]
India's Wipro to create hundreds of UK tech jobs
News Indian IT giant Wipro is set to create hundreds of new jobs in the UK by taking advantage of government tax breaks and opening a low-cost regional software development facility outside of London and the South East. [20 Mar 2008]
Top execs quit Indian offshore outsourcer Wipro
News Indian offshore outsourcing giant Wipro has lost two of its top executives in the last month. The resignation this week of chief executive and vice-chairman Vivek Paul follows the exit of Raman Roy, chief executive of Wipro's BPO arm, at the... [01 Jul 2005]
India beckons as Shell signs $1bn outsourcing deal
News Shell has signed an outsourcing deal with IBM and Indian services firm Wipro that is reportedly worth $1bn. A spokeswoman for Shell confirmed that the company had signed a master services agreement with IBM and Wipro in February, although she would... [04 May 2004]
Indian outsourcer turns to China
News Wipro, one of the top three Indian offshoring firms, said it is looking at locating the centre in the Chinese capital Beijing. Sudip Nandy, chief strategy officer of Wipro, said: "We plan to have a software development centre in China in Beijing... [03 Mar 2005]
UK offshoring boosts Indian IT coffers
News Bangalore-based Wipro outperformed market expectations, with revenues for its offshore IT services division up 45 per cent to £157m compared to the first quarter last year and operating profits up by 89 per cent, putting operating margin at 27 per... [26 Jul 2004]
Indian outsourcers warn of rising salary costs
News Warnings about rising salaries have tempered a strong set of financial results from India's leading IT companies - Infosys, Satyam, Tata Consulting Services (TCS) and Wipro - on the back of continuing demand for offshore outsourcing services. [21 Jul 2006]
Indian suppliers to double UK IT market share
News India's top five services companies - HCL, Infosys, Satyam, TCS and Wipro - are on course to grow their share of the UK software and IT services market from just under three per cent to seven per cent over the next three years, according to... [23 Jan 2008]
Buy big to get noticed, Indian IT companies warned
News The top six India players, Cognizant, HCL, Infosys, Satyam, TCS and Wipro - collectively referred to as Switch - accounted for 1.9 per cent of the total $672bn IT services market in 2006, compared to 0.5 per cent in 2001, according to figures from... [26 Sep 2007]
