Wipro fired 300 staff found working with rivals at same time: Rishad Premji
NEW DELHI: Wipro Chairman Rishad Premji on Wednesday said that 300 people who worked with the company were also found to be working for one of its competitors at the same time, as he firmly stood his ground that moonlighting is “complete violation of integrity in its deepest form”. Speaking at an AIMA event, Premji […]
Wipro to buy Capco for $1.45 billion
NEW DELHI: IT services major Wipro on Thursday said it has signed an agreement to acquire London-headquartered Capco, a global management and technology consultancy, in a USD 1.45 billion (over Rs 10,500 crore) deal. London-headquartered Capco’s clients include many marquee names in the global financial services industry. Over the past 20 years, the company has […]
Wipro to acquire IT verticals of Metro AG in a $700-million deal
NEW DELHI: India-based information technology firm Wipro has announced a significant strategic digital and IT partnership deal with METRO AG, the leading global wholesale company that is redefining the food service distribution industry. As a part of this transaction, Wipro will take over the IT units of METRO AG — METRO-NOM GMBH in Germany and […]
Wipro gets five-year deal from Fortum
NEW DELHI: Wipro Limited today announced that it has won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum, one of the leading clean-energy companies headquartered in Espoo, Finland. As a part of the five-year agreement, Wipro will manage Fortum’s application portfolio across hundreds of applications for more than 11,500 users […]
Sebi shortlists Bharti Airtel, Wipro, others to revamp IT infra network, communication systems
NEW DELHI: Markets regulator Sebi has shortlisted eight companies including Bharti Airtel, Wipro and Tata Communications to revamp its IT infrastructure network and communication systems. The other shortlisted companies are — Hewlett Packard Enterprise India, IBM India, NTT India, Orange Business Services India Technology and Sify Technologies. The Securities and Exchange Board of India (Sebi) […]
Wipro appoints Thierry Delaporte as CEO and Managing Director
NEW DELHI:IT services major Wipro on Friday said it has appointed Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective July 6, 2020. In January this year, the company had said its CEO and Managing Director Abidali Z Neemuchwala had decided to step down from the company. Abidali Neemuchwala will […]
Azim Premji to retire as executive chairman of Wipro; son Rishad to take over reins
NEW DELHI: IT major Wipro founder Azim H Premji, who turned a small maker of vegetable oil into a USD 8.5 billion software behemoth, will retire as the company head by July-end and handover reins of the firm to his son, Rishad. Premji, who turns 74 next month, will retire as executive chairman upon the […]