Wipro announces leadership transition: Srini Pallia to lead as CEO and MD

Wipro announces leadership transition: Srini Pallia to lead as CEO and MD

In a significant corporate development, Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global technology services and consulting firm, today announced the appointment of Srini Pallia as the Chief Executive Officer (CEO) and Managing Director (MD), effective immediately. This strategic move comes as Thierry Delaporte steps down from the helm after four transformative […]

Wipro Q3 FY2024 results: A detailed analysis of performance

Wipro Q3 FY2024 results: A detailed analysis of performance

Wipro Limited, a foremost name in technology services and consulting, disclosed its financial performance for the quarter ending December 31, 2023. Under the International Financial Reporting Standards (IFRS), the results presented a mixed financial picture for the company. Financial Performance Overview The company’s gross revenue touched ₹222.1 billion ($2.7 billion), indicating a quarter-over-quarter (QoQ) decrease […]

Wipro announces Q2 FY24 financial results with slight decline in revenue

Wipro announces Q2 FY24 financial results with slight decline in revenue

Wipro Limited, an acclaimed tech services and consultancy enterprise, has recently divulged its financial performance for the quarter ending September 30, 2023, as per the International Financial Reporting Standards (IFRS). The company’s gross revenue for this period tallied at ₹225.2 billion ($2.7 billion), marking a minor dip of 0.1% when compared to the previous year. […]

Wipro financial results: June 2023 quarter shows boost in IT services revenue

Wipro financial results: June 2023 quarter shows boost in IT services revenue

Global technology services and consulting firm, Wipro, reported a year-on-year increase of 6% in its gross revenue for the quarter ending June 30, 2023, reaching Rs 228.3 billion ($2.8 billion). Notably, the firm’s IT services segment revenue rose by 0.8% YoY, equivalent to a 6.1% rise in INR terms. In addition, Wipro’s total bookings for […]

Wipro pledges $1bn for advancing AI capabilities with new Wipro ai360 initiative

Wipro pledges $1bn for advancing AI capabilities with new Wipro ai360 initiative

Wipro has unveiled Wipro ai360, a comprehensive, AI-first innovation ecosystem aimed at integrating artificial intelligence (AI) into every platform, tool, and solution utilized internally and provided to clients. Simultaneously, the company announced a commitment of $1 billion over the next three years towards the enhancement of AI capabilities. The new Wipro ai360, boosted by this […]

Wipro, Google Cloud to advance generative AI adoption by enterprises

Wipro, Google Cloud to advance generative AI adoption by enterprises

Wipro said that it has expanded its partnership with Google Cloud to bring advanced generative artificial intelligence (AI) capabilities to clients worldwide. According to the Indian It company, the collaboration involves integrating Google Cloud’s suite of generative AI products and services, such as Vertex AI, Generative AI App Builder, and the Model Garden collection of […]

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