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Wipro invests $5 million in cloud solutions firm

Last Updated: Wednesday, March 18, 2015, 14:21

IT bellwether Wipro has invested $5 million (Rs.31 crore) to pick a minority stake in Drivestream Inc., a US-based leading Oracle cloud applications systems integrator, with development centre in Chennai.

Wipro picks up stake in cloud app systems company

Last Updated: Tuesday, March 17, 2015, 20:52

IT services major Wipro on Tuesday said it has acquired a minority stake in cloud applications systems integrator Drivestream for USD 5 million.

Wipro hires former TCS veteran Neemuchwala as Group Prez & COO

Last Updated: Monday, March 16, 2015, 11:02

In his role, Neemuchwala will head the service lines of global infrastructure services, business application services, business process services, and advanced technology solutions.

Wipro is world's most ethical firm for 4th consecutive year

Last Updated: Monday, March 9, 2015, 23:38

Software major Wipro Ltd. on Monday said it has been recognised as the world`s most ethical company by US-based Ethisphere Institute for the fourth consecutive year.

Wipro partners WEF for quantifying cyber risk

Last Updated: Monday, March 2, 2015, 14:19

Country's third largest software services firm Wipro has partnered with the World Economic Forum (WEF) to develop a cyber value-at-risk (VAR) framework that will allow organisations to assess threat landscape, the nature of assets needed protection and quality of defenses.

Indian IT firms eye robotics, driverless cars for next round of growth

Last Updated: Friday, February 20, 2015, 14:23

After decades of low-margin work like server maintenance, India`s information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients` needs.

Wipro bullish on business from US, domestic markets

Last Updated: Tuesday, February 10, 2015, 19:21

Talking about the clients' budgets, he said the trends in the budget, so far, has been mixed. "Some clients' budgets are good, some flattish and some not so good," Senapaty said.

Wipro bags multi-year deal from Irish bank

Last Updated: Monday, January 26, 2015, 17:20

Indian IT bellwether Wipro Ltd. has won a multi-year strategic infrastructure management contract from Allied Irish Banks plc (AIB), a leading bank in Ireland.

Sensex up 140 points on fund inflows; wipro, bank stocks gain

Last Updated: Monday, January 19, 2015, 17:24

The NSE Nifty index rose 36.90 points, or 0.43 percent, to end at 8,550.70 after moving between 8,570.95 and 8,531.50.

Wipro surges after strong December-quarter earnings

Last Updated: Monday, January 19, 2015, 11:00

Shares of Wipro Ltd gained as much as 7.8 percent on Monday after the India`s third-largest IT services exporter on Friday reported better-than-expected growth in December-quarter net profit.

Wipro Q3 Net up 8% at Rs 2,192.8 crore; CFO Senapaty to retire

Last Updated: Friday, January 16, 2015, 21:17

IT services major Wipro Friday reported a 8 percent growth in its consolidated net profit at Rs 2,192.8 crore for the quarter ended December 31, 2014 led by growth in healthcare and infrastructure services.

Wipro's profit rises 9% to Rs 2,192 crore in Q3

Last Updated: Friday, January 16, 2015, 17:33

The company's revenue is up 7 percent at Rs 12,085 crore for the same quarter.