Announcement • Jun 19
Wipro Limited (BSE : 507685) agreed to acquire an additional 20% stake in Aggne Global It Services Private Limited for $2.1 million. Wipro Limited (BSE : 507685) agreed to acquire an additional 20% stake in Aggne Global It Services Private Limited for $2.1 million on June 18, 2026. Following completion, Wipro Limited increases it's stake from 60% to 80%.
The transaction is expected to be completed by June 30, 2026. Announcement • Jun 18
Wipro Limited, Annual General Meeting, Jul 15, 2026 Wipro Limited, Annual General Meeting, Jul 15, 2026, at 09:00 Indian Standard Time. Announcement • Jun 01
Wipro Limited (BSE:507685) agreed to acquire an additional 20% stake in Aggne Global Inc. for $28.5 million. Wipro Limited (BSE:507685) agreed to acquire an additional 20% stake in Aggne Global Inc. for $28.5 million on June 1, 2026. Wipro Limited is Currently acquiring additional 20% which takes Wipro IT Services, LLC’s overall shareholding in Aggne Global Inc., to 80%.
For the period ending March 31, 2026, Aggne Global Inc. reported total revenue of $27.5 million.
The expected completion of the transaction is June 5, 2026. Announcement • Apr 02
Wipro Limited to Report Q4, 2026 Results on Apr 16, 2026 Wipro Limited announced that they will report Q4, 2026 results on Apr 16, 2026 Announcement • Apr 01
Wipro Limited Announces Executive Changes Wipro announced that it has appointed Nagendra Bandaru as the CEO of its newly created artificial intelligence segment. Bandaru will head the unit that will develop agentic AI solutions and create new AI-led business streams. The company also announced the resignation of Suzanne Dann, CEO of its "Americas2" unit. Accenture veteran Kanwar Singh has ?been brought in to fill Bandaru's current role of president and managing partner of technology services business line. Announcement • Jan 05
Wipro Limited to Report Q3, 2026 Results on Jan 16, 2026 Wipro Limited announced that they will report Q3, 2026 results on Jan 16, 2026 Announcement • Dec 03
Wipro Limited (BSE:507685) completed the acquisition of Digital Transformation Solutions business unit of Harman International Industries, Incorporated. Wipro Limited (BSE:507685) entered into an agreement to acquire Digital Transformation Solutions business unit of Harman International Industries, Incorporated for approximately $380 million on August 21, 2025. A purchase consideration including earn-outs, totaling up to $375 Million. As part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung. Upon completion of the acquisition, DTS will be integrated into Wipro’s Engineering Global Business Line. For the period ending December 31, 2024, Digital Transformation Solutions business unit of HARMAN. reported total revenue of $314.5 million.
The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. As of December 2, 2025, the transaction received all required regulatory approvals. The expected completion of the transaction is December 31, 2025.
Deutsche Bank Securities Inc. acted as financial advisor for Harman International Industries, Incorporated. Leif King, Aarthi Belani, Darcy Down, Lane Morgan, Joe Lance, Creighton Macy, Mark Weiss, Rod Hunter, Sarah Winston, Adam Aft, Jonathan Tam, Kimberly Franko, Amanda Cohen and Thomas Asmar of Baker & McKenzie LLP acted as legal advisor for Harman International Industries, Incorporated. Srinath Dasari, Bhuvana Veeraragavan, Bharat Budholia and Aditya Singh Chandel of AZB & Partners acted as legal advisor to Wipro Limited. Rupinder Malik and Harshit Anand of J. Sagar Associates acted as legal advisor to Harman International Industries, Incorporated.
Wipro Limited (BSE:507685) completed the acquisition of Digital Transformation Solutions business unit of Harman International Industries, Incorporated on December 1, 2025. Announcement • Oct 06
Wipro Limited to Report Q2, 2026 Results on Oct 16, 2025 Wipro Limited announced that they will report Q2, 2026 results on Oct 16, 2025 Announcement • Jul 08
Wipro Limited to Report Q1, 2026 Results on Jul 17, 2025 Wipro Limited announced that they will report Q1, 2026 results After-Market on Jul 17, 2025 Announcement • Jun 19
Wipro Limited, Annual General Meeting, Jul 16, 2025 Wipro Limited, Annual General Meeting, Jul 16, 2025, at 09:00 Indian Standard Time. Announcement • Jun 10
Wipro Limited Relocates Its Middle East Regional Headquarters from Al Khobar to Riyadh, Saudi Arabia Wipro Limited announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was inaugurated in a ceremony attended by the Wipro executive team, employees, and customers. This is the latest addition to Wipro’s growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail. In addition to this new office opening, Wipro recently signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. This partnership aims to upskill local talent by providing academic training in advanced technologies, hands-on experience, and access to Wipro's resources. The CoE will focus on equipping young Saudi nationals with future-ready skills, creating a talent pool that can add value to organizations and the kingdom. Announcement • May 29
Wipro Limited Unveils its Global Wipro Innovation Network to Accelerate Co-Innovation with Clients Wipro Limited announced the launch of its global Wipro Innovation Network designed to accelerate strategic, client centric co-innovation. The network will leverage frontier technologies ranging from Artificial Intelligence (AI) to Quantum Computing to solve some of the most challenging problems for clients across industries. As part of the unveiling of the Wipro Innovation Network, Wipro also announced the opening of its newest and first-of-a-kind Innovation Lab at its Kodathi campus in Bengaluru. This future-forward facility will function as a key hub for Wipro's clients to explore the art of the possible. Wipro's Innovation Labs, located across the globe, are designed to deliver immersive experiences that showcase cutting-edge industry solutions and explore the future of technology. These Labs are collaborative environments where clients engage with experts, often through immersive workshops, to identify and co-create high-impact, high-priority use cases. They can experience a wide range of advanced solutions, including agentic systems for software engineering, Smart Factories powered by embodied AI, the Cloud Car, Inspect AI, Wealth AI, Earnings AI, and quantum computing applications for drug discovery, among others. Announcement • Apr 22
Wipro Limited Provides IT Services Business Segment Revenue Guidance for the Quarter Ending June 30, 2025 Wipro Limited provided IT Services business segment revenue guidance for the quarter ending June 30, 2025. For the quarter, The company expects revenue from IT Services business segment to be in the range of $2,505 million to $2,557 million. This translates to sequential guidance of (-)3.5% to (-)1.5% in constant currency terms. Announcement • Apr 02
Wipro Limited to Report Fiscal Year 2025 Results on Apr 16, 2025 Wipro Limited announced that they will report fiscal year 2025 results on Apr 16, 2025 Announcement • Mar 05
Wipro Limited Launches Telcoai360 to Transform Operations for Telcos by Leveraging Ai Wipro Limited launched TelcoAI360 to transform operations for telcos by leveraging AI. The AI-first Managed Services platform will empower telcos to roll out differentiated technology solutions at scale and speed, while delivering better customer experience at a fraction of the cost. TelcoAI360 integrates Wipro's domain expertise with AI-powered tools and solutions, enabling Communication Service Providers (CSPs) to significantly reduce operational costs by streamlining processes, automating workflows, and managing resources efficiently. Additionally, TelcoAI360 will deliver faster time to market for new products and services, boosting revenue potential. Recognizing the unique needs of telcos, the platform will be offered 'as-a-Service' with composable components that can be customised and deployed for each CSP. Developed in collaboration with Wipro's AI partner ecosystem and leveraging ServiceNow's Telecommunications industry solutions suite, TelcoAI360 will provide: A unified platform integrating multiple telecom technologies for seamless adoption within existing architectures supporting market share growth; Enhanced network performance through intelligent automation, real time monitoring and predictive maintenance to prevent disruptions and boost service reliability; Integrated, AI-enabled security measures that provide real-time threat detection and fraud prevention, ensuring robust data protections; Customizable portals that provide a seamless and branded user experience for customers while providing visibility into performance; Standardized APIs (Application Programming Interfaces) to facilitate seamless communication between different systems, ensuring operational efficiency and compliance with industry standards; Seamless interoperability with multiple cloud environments, allowing telcos the flexibility to scale their infrastructure based on demand in real time; Comprehensive management of the entire lifecycle of products and services, from planning and design to deployment, in-life management and retirement. Announcement • Feb 15
Wipro Announces Executive Appointments Wipro announced the appointment of Accenture executive Amit Kumar as the new managing partner and global head of Wipro Consulting, effective immediately. Based in New York in the US, Kumar will directly report to CEO and MD Srini Pallia and join the Wipro Executive Board. Amit (Kumar) will lead Wipro’s efforts to drive consulting-led, AI-powered growth and guide clients through business and technology changes. He will leverage Wipro’s expertise to deliver transformative AI, data, and industry solutions, helping businesses scale and grow amid digital disruption. Prior to joining Wipro, Amit served as Managing Director for Accenture Consulting, where his roles included the Americas Market and Industry X Consulting over the last 17 years. A graduate of St. Stephen’s College, Delhi, Kumar holds a master’s degree in management from the Symbiosis Institute of Business Management, Pune and has over 24 years of experience across North America, Europe, and the Asia-Pacific. He has worked across industries such as high-tech, chemicals, energy, retail, automotive, and consumer goods towards business transformation, operational excellence, engineering, manufacturing digitization, and supply chain management. Wipro leadership changes This is one of the few executive leadership positions filled by an external candidate at Wipro. Recently, Wipro hired former Deloitte official Madhu Menon as its global head and vice president - talent acquisition. Announcement • Jan 18
Wipro Limited Approves Interim Dividend, Payable on or Before February 15, 2025 Wipro Limited at its board of directors meeting held over January 16-17, 2025, approved the payment of interim dividend of INR 6.00 per equity share of par value INR 2.00 each to the Members of the Company as on January 28, 2025, being the Record Date. The payment of Interim Dividend will be made on or before February 15, 2025. Announcement • Jan 08
Wipro Limited to Report Q3, 2025 Results on Jan 17, 2025 Wipro Limited announced that they will report Q3, 2025 results at 3:30 PM, Indian Standard Time on Jan 17, 2025 Announcement • Nov 27
Wipro Limited Announces Executive Changes Wipro Limited has announced Omkar Nisal's appointment as the Chief Executive Officer, Europe Strategic Market Unit (SMU), effective immediately. Omkar will report to CEO and MD Srini Pallia and will also join the Wipro Executive Board. Omkar succeeds Pierre Bruno, who is stepping down. Omkar will continue to be based in London. Omkar has been with Wipro since 2012, establishing himself as a trusted advisor to clients, and has built high-performing teams that work with clients across business sectors to deliver exceptional results. Among his many achievements over the years, Omkar successfully ran Wipro's Banking-EMEA business, working closely with large and niche financial institutions across UKI, Europe, the Middle East, and Africa. This included enabling them through their digital transformation with a significant focus on customer journey redesign, enterprise engineering, ways of working, and AI-led automation. He most recently served as the Senior Vice President and Managing Director of the UK and Ireland, managing a regional P&L of over a billion dollars. Omkar, an honors graduate in Computer Science, continues to be a deep technologist at heart, having applied for patents in the areas of Channels, AML, and Fraud Detection. Announcement • Nov 10
Wipro Limited Announces Executive Changes Wipro Limited announced the appointment of Mr. Raghuraman Ranganathan as Chief Risk & Assurance Officer of the Company, effective from November 7, 2024. Owing to an internal change in role, Mr. Byomokesh Tripathy ceases to act as the Chief Risk Officer of the Company, effective November 6, 2024. Mr. Raghuraman Ranganathan ("Raghu") brings more than 22 years of overall experience in Business Finance, Internal Audit, Enterprise Risk Management, Business Process Transformation, Investigations and Forensics. He has spent more than 17 years at Wipro and held various roles, including Head of the Corporate Risk Center of Excellence, Business Finance Manager--CIS, and Business Process Excellence for Record to Report. His most recent role was as Head of Internal Audit. Raghu loves following cricket, reading books, and playing chess. He lives in Bangalore with his wife and daughter. Announcement • Oct 02
Wipro Limited to Report Q2, 2025 Results on Oct 17, 2024 Wipro Limited announced that they will report Q2, 2025 results on Oct 17, 2024 Announcement • Aug 30
Wipro Limited Announces Executive Changes Wipro Limited announced the appointment of Srikumar Rao as Global Head of its Engineering Edge Business Line, effective from October 5, 2024. Srikumar succeeds Harmeet Chauhan, who is stepping down to pursue opportunities outside the organization. Srikumar will report to Srini Pallia. Srikumar has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Chief Operating Officer (COO) of Wipro Engineering Edge (WEE) and Global Practice Head of Embedded Systems. His work has spanned several markets, selling and delivering specialized Engineering, Research, and Development (ER&D) services to Software & Internet, Semiconductor, Automotive, Manufacturing, and Communications clients. In his new role, Srikumar will continue to scale and strengthen Wipro’s engineering prowess. He will also be responsible for defining the vision and growth strategy for Wipro’s ER&D Services business, while providing world-class, AI-first products, solutions, and experiences. Srikumar is a member of NASSCOM’s ER&D Executive Council. He holds a Bachelor’s degree in Electronics and Telecommunication Engineering from the College of Engineering Pune and has completed his Postgraduate Program in Software Enterprise Management from IIM Bangalore. He will be based in Bengaluru, India. Announcement • Aug 14
Wipro Limited Announces Executive Changes Wipro Limited appoints Sandhya Arun as its chief technology officer (CTO) with immediate effect, as per an internal email, hours after Subha Tatavarti resigned as CTO to pursue opportunities outside the country’s fourth largest IT firm. In her new role, she will report to chief technology and strategy officer Hari Shetty. Queries emailed to Wipro remained unanswered till press time. Arun was one of the founding leaders of Wipro Digital and her strategic partnerships were crucial in propelling clients’ digital transformation journeys, according to the company. Her 30-year career has been marked by versatility in embracing varied roles in domains such as technology consulting, cloud and engineering transformation, digital commerce and marketing, the company said. Continuing its organisational rejig under new CEO Srini Pallia, Wipro recently elevated three veterans. Nanda Kishore, chief operating officer (COO) of Americas One, was appointed chief of delivery and operational excellence. The firm announced that Dilip Dialani, who has been with Wipro for almost two decades, would take over from Nanda as COO of Americas One in the third quarter of this financial year. It also elevated the role of its chief information security officer Aathir Ahad. Meanwhile, Ajit Mahale, a senior executive who had joined Wipro under former CEO Thierry Delaporte, decided to exit the firm. Announcement • Aug 13
Wipro Limited Has Announces Resignation of Chief Technology Officer, Subha Tatavarti Wipro Limited has announced the resignation of chief technology officer Subha Tatavarti in the closing hours of August 11, 2024. She was one of the executives brought in by former chief executive Thierry Delaporte. Tatavarti joined the Bengaluru-based IT services company in March 2021 from American retail giant Walmart Inc, where she headed the company's product, technology development and commercialization of enterprise infrastructure businesses, besides its security, data science and edge platforms. The company did not immediately announce Tatavarti's replacement. Announcement • Jul 18
Wipro Limited Confirms Interim Dividend Declared by the Board on January 12, 2024 as the Final Dividend Wipro Limited announced that at its AGM held on July 18, 2024, shareholders approved the interim dividend of INR 1 per equity share declared by the board on January 12, 2024 as the final dividend for the financial year 2023-24. Announcement • Jul 02
Wipro Limited to Report Q1, 2025 Results on Jul 19, 2024 Wipro Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Announcement • Jun 25
Wipro Limited Proposes Final Dividend for the Financial Year 2023-24 Wipro Limited at its AGM to be held on July 18, 2024 proposed interim dividend of INR 1 per equity share declared by the Board on January 12, 2024, as the final dividend for the financial year 2023-24. Announcement • Jun 18
Wipro Limited, Annual General Meeting, Jul 18, 2024 Wipro Limited, Annual General Meeting, Jul 18, 2024, at 09:00 Indian Standard Time. Announcement • Jun 15
Wipro Launches On-Premise GenAI Solution with Hewlett Packard Enterprise Wipro announced astrategic collaboration with Hewlett Packard Enterprise (HPE) to launch a GenAI solution within the new Customer Experience Center (CEC) at the Wipro Cloud Studio’s Kodathi office to serve customers globally. The solution will leverage Wipro's Smart Operations platform and HPE Machine Learning Development Environment to enhance operational efficiency and customer experience. The solution will be designed to reduce Mean Time to Resolution (MTTR) duration for GenAI applications by about 50% based on field testing results, decrease the inflow of incidents by 30%, increase Overall Equipment Effectiveness (OEE), and reduce process cycle time to drive ongoing operational excellence. It will benefit industries heavily reliant on customer service, IT support, and operations such as financial services, healthcare, and manufacturing sectors. Further, the solution will provide clients with the flexibility to select from a diverse range of Large Language Models (LLMs), depending on their unique business needs. Announcement • Jun 13
Wipro Limited Introduces the Lab45 AI Platform Designed to Increase Efficiencies and Transform Business Functions Wipro Limited announced the launch of the Lab45 Artificial Intelligence (AI) Platform, which leverages Generative AI (GenAI) machine learning (ML), and deep learning technologies to enable companies to realize enhanced efficiencies, transform business functions, and enable industry-specific solutions. Lab45 is Wipro's Innovation Lab and the Lab45 AI platform is availableto all Wipro employees and clients. The Lab45 AI Platform runs on a SaaS (Software-as-a-Service) model and supports various state- of-the-art Large Language Models (LLM's) from leading providers as well as custom deep- learning and other models. The platform allows for seamless integration of language and visual processing for generating images from text prompts, as well as the ability to index, parse, and summarize content. With over 1,000 GenAI agents and more than 10 GenAI applications, the platform offers no code and low code pre-built applications for HR, sales, marketing, and operations functions, while also allowing for the easy creation of industry specific GenAI agents and applications. With API-based access for custom applications, the platform makes it easier for clients to deploy GenAI to their environments. In fact, Topcoder, a Wipro platform connecting customers to its 2- million-member global talent network, has been using Lab45 AI Platform's APIs (application programming interfaces) since October 2023, resulting in a seven-fold increase in GenAI usage. Further, over the past six months, select Wipro teams and external users have been using the platform and realizing significant time savings and productivity gains. For example, in human resources (HR), the platform has reduced the time it takes to read and interpret specific clauses from large voluminous contracts to minutes from hours, enabling significant improvement in turnaround time and accuracy in the background verification process. In sales, the platform has enabled better and faster sales and revenue generation, forecasting, sales analysis, and report generation via a combination of well-known LLM's (Large Language Models) combined with custom deep learning models from Lab45. In marketing, the platform has been instrumental in website analysis and lead generation, saving teams considerable time and effort. In quality engineering and testing, recent proof of concepts (POCs) for Wipro customers in banking, pharmaceutical, telecommunication and other industries globally have shown anywhere from 20% to 30% improvements across test case, test script, and test result analytics. Announcement • Jun 06
Wipro Appoints Bruno Schenk as Country Head and Managing Director for Switzerland Wipro appoints Bruno Schenk as Country Head and Managing Director for Switzerland effective immediately. Bruno Schenk will report to Wipro's Europe CEO Pierre Bruno. Schenk succeeds Ren Mulder, who has decided to pursue opportunities outside Wipro. Bruno Schenk brings over 25 years of management experience across various industries and regions, with a deep understanding of how to leverage the power of data and technology to create value, innovation, and growth. Previously, Schenk was the CEO of Eviden Switzerland, an Atos business that combines digital, big data and security solutions, where he led a global team of experts in delivering data-driven, trusted, and sustainable digital transformation to clients. Announcement • Jun 05
Wipro Limited Launches an AI-Assisted Security and Risk Platform, Powered by Zscaler Wipro Limited announced that it has partnered with Zscaler to introduce Wipro Cyber X-Ray, an AI-assisted decision support platform. Wipro Cyber X-Ray empowers enterprise CXOs to make optimized security investment decisions and communicate cyber values to senior leadership and the board. Security business leaders often struggle to access comprehensive risk visibility across their varied cyber projects, and some may have difficulty justifying the spending to sustain cybersecurity programs and ensure continued cyber resilience in this age of constant disruption. Wipro Cyber X-Ray offers an easy-to-navigate executive dashboard to visualize cyber risk posture, activate cyber initiatives, and deliver value to the organization by helping to understand over- or under-investment in security programs. Wipro Cyber X-Ray, powered by Zscaler, provides business intelligence that will allow security leaders to confidently communicate to the board the value of current cyber investments through a cost vs. impact analysis. Announcement • May 26
Wipro Limited Announces the Appointment of Sarat Chand as Regional Head and Managing Director of Northern Europe Wipro Limited announced the appointment of Sarat Chand as Regional Head and Managing Director of Northern Europe. Sarat will report to Wipro's Europe CEO Pierre Bruno. Sarat joined Wipro in 2001. Over his two decades at Wipro, he's assumed a variety of leadership roles, including solutions lead, account management, EMEA utilities business head, and, most recently, the head of Wipro's Benelux region. As the head of the Benelux region, Sarat significantly strengthened Wipro's position in the market, driving growth with both existing and new clients. Under Sarat's leadership Wipro's Netherlands business has consistently been ranked among the top IT providers in the region by analyst firms. As the head of Northern Europe, Sarat will lead Wipro's Benelux and Nordics region, which includes seven strategic growth markets: Belgium, Denmark, Finland, Luxemburg, the Netherlands, Norway, and Sweden. Previously, the Nordics region was led by Vinay Firake, who was recently appointed to CEO of APMEA strategic market unit. Sarat holds a Mechanical Engineering Degree from Bangalore University. He will be based in Amsterdam. Announcement • May 11
Wipro Limited Announces Executive Changes Wipro Limited announced the appointment of Vinay Firake as the Chief Executive Officer, APMEA (Asia Pacific, India, Middle East & Africa) Strategic Market Unit (SMU), effective immediately. Vinay will report to Srini Pallia and will also join the Wipro Executive Board. Vinay has been with Wipro for 26 years and has grown with the organization, serving in various leadership roles. He was most recently the Senior Vice President and Managing Director of Wipro-Nordics Business Unit based in Stockholm, where he led Operations across all industries and services. Prior to that, he led the Manufacturing & Automotive Business Unit in Europe and held various roles spanning Europe and North America, including Global Head for the Enterprise Digital Operations & Platforms business and Sales Head for Wipro's Enterprise Applications businesses in Europe. Vinay holds a Master’s Degree in Business Administration specializing in Finance and Bachelor’s degree in Computer Engineering from prestigious institutes in India. He has also successfully completed the Global Strategic Leadership Program from Wharton School and the Executive Leadership Program from Harvard Business School. Vinay succeeds Anis Chenchah, who is stepping down to pursue opportunities outside the organization. He will be based in Dubai. Announcement • Apr 20
Wipro Limited Provides IT Services Business Segment Revenue Guidance for the Quarter Ending June 30, 2024 Wipro Limited provided IT Services business segment revenue guidance for the quarter ending June 30, 2024. The company expected revenue from IT Services business segment to be in the range of $2,617 million to $2,670 million. This translates to sequential guidance of (-)1.5% to +0.5% in constant currency terms. Announcement • Apr 10
Wipro Limited Announces Executive Changes Wipro Limited announced the appointment of Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately. Malay succeeds Srini Pallia, who was appointed as Chief Executive Officer and Managing Director of Wipro Limited on April 6, 2024. Malay will also join the Wipro Executive Board. Malay was previously the Senior Vice President and Business Unit Head, leading the Communications, Media, Tech, Retail, Travel, Hospitality and Public Sector industries, which make up one of Wipro’s largest business units globally. In this role, he was responsible for helping clients drive successful enterprise transformations, enhancing client experience (CX), strengthening delivery, and ensuring consistent revenue growth in the sectors he leads. Malay joined Wipro in 1996 and has had an extensive career spanning over 28 years in various leadership roles across functions, industries, and geographies. He has a strong background in delivery, consultative sales, and client engagement. Malay holds a Bachelor’s degree in Information Technology Engineering and has graduated from Harvard Business School’s Leading Global Businesses Executive Program and Advanced Program Management from Stanford University. Malay is a member of Wipro’s Culture Council. He will be based out of Wipro’s New York City office. Announcement • Apr 03
Wipro Limited to Report Q4, 2024 Results on Apr 19, 2024 Wipro Limited announced that they will report Q4, 2024 results on Apr 19, 2024 Announcement • Mar 20
Wipro Limited Appoints Anne-Marie Rowland as Capco’s Chief Executive Officer, Effective April 1, 2024 Wipro Limited announced that Anne-Marie (“Annie”) Rowland has been appointed to the role of Capco’s Chief Executive Officer. Rowland is currently Managing Partner of Capco’s business in the United Kingdom and Ireland and a member of Capco’s Global Leadership Team. She will take on the CEO role effective April 1, 2024. As CEO of Capco, Rowland will report to Wipro CEO and Managing Director Thierry Delaporte and will become a member of Wipro’s Executive Committee (WEC). Lance Levy, who has led Capco as CEO for close to a decade, will take on a new role as Strategic Advisor and continue to support Capco’s strategic direction and Wipro’s overall Consulting strategy. Rowland joined Capco 14 years ago and has deep Consulting expertise in business change management, innovation, and transformation. Since joining Capco, Rowland has played a pivotal role in the growth of Capco’s business through a series of executive roles, having served on the Capco Global Leadership Team for several years in a number of capacities, including as Global Head of Capco’s Consulting and Transformation practice, Global Client Partner for a number of large financial institutions, Executive Sponsor of Women@Capco and most recently as the Managing Partner for Capco’s UK and Ireland business. Rowland was recognized by Consulting Magazine for the Global Women Leaders in Consulting Award in 2021. Announcement • Feb 16
Wipro Limited (BSE:507685) completed the acquisition of 60% stake in Aggne Global Inc. Wipro Limited (BSE:507685) agreed to acquire 60% stake in Aggne Global Inc for $66 million on February 13, 2024. The consideration consists of $66 million in cash. The transaction is subject to customary closing adjustments as per terms of the purchase agreement. Wipro Limited currently acquiring 60%, with an option to purchase the remaining stake over a period of time. The transaction is expected to be completed at the latest by February 14, 2024. Wipro Limited (BSE:507685) completed the acquisition of 60% stake in Aggne Global Inc on February 14, 2024. Announcement • Feb 14
Wipro Limited (BSE:507685) agreed to acquire 60% stake in Aggne Global Inc for $66 million. Wipro Limited (BSE:507685) agreed to acquire 60% stake in Aggne Global Inc for $66 million on February 13, 2024. The consideration consists of $66 million in cash. The transaction is subject to customary closing adjustments as per terms of the purchase agreement. Wipro Limited currently acquiring 60%, with an option to purchase the remaining stake over a period of time. The transaction is expected to be completed at the latest by February 14, 2024. Announcement • Jan 12
Wipro Limited Approves Interim Dividend, Payable on or Before February 10, 2024 The Board of Directors of Wipro Limited, at their meeting held over January 11-12, 2024, considered and approved the following: Payment of interim dividend of INR 1/- per equity share of par value INR 2/- each to the Members of the Company as on January 24, 2024, being the Record Date. The payment of Interim Dividend will be made on or before February 10, 2024. Announcement • Dec 23
Wipro Limited to Report Q3, 2024 Results on Jan 12, 2024 Wipro Limited announced that they will report Q3, 2024 results at 12:15 PM, Indian Standard Time on Jan 12, 2024 Announcement • Nov 29
Wipro Launches Continuous Compliance Solution Built on Amazon Security Lake Wipro Limited announced the launch of their Continuous Compliance Solution built on Amazon Security Lake in collaboration with Amazon Web Services (AWS). Amazon Security Lake automatically centralizes an organization's security data from across their AWS environments, SaaS providers, on-premises environments, and cloud sources into a purpose-built data lake. Wipro's solution is designed to equip enterprises with advanced capabilities to meet compliance requirements in a continually evolving regulatory landscape by providing ongoing visibility into compliance posture and governance of business applications from pre- to post-cloud migration. A Solution for the Modern Regulatory Environment. The dynamic nature of compliance necessitates flexibility and agility in business strategies, as well as a scalable infrastructure that enables companies to continually adjust their operations to remain in adherence. As organizations increasingly move to cloud, the importance of maintaining data compliance without sacrificing agility and innovation has never been greater. The Wipro Continuous Compliance Solution aims to reconcile these objectives by offering a unified platform where companies can manage, monitor, and maintain compliance requirements seamlessly. Built on Amazon Security Lake, the solution benefits from scalable architecture, robust security features, and ease of integration. Among the key features and benefits of the Wipro Continuous Compliance Solution are: Comprehensive Global Compliance Frameworks: Out-of-the-box support for compliance standards such as GDPR, CCPA, HIPAA, and more. Real-time Monitoring and Alerts: Continuous assessment of data and real-time alerts for any compliance-related anomalies. Automated Reporting: Simplified and automated generation of compliance reports for internal review and external audits. Cost-effective and Scalable: Leveraging AWS's pay-as-you-go model for scalable and cost-effective compliance management. Announcement • Sep 22
Wipro Limited Announces Chief Financial Officer Changes Wipro Limited announced resignation of Mr. Jatin Pravinchandra Dalal as Chief Financial Officer of the Company and appointment of Ms. Aparna Iyer as Chief Financial Officer of the Company. Date of appointment /re-appointment /cessation (as applicable) & term of appointment /re-appointment: The Board of Directors has noted the resignation of Mr. Jatin Pravinchandra Dalal and he will be relieved from the services of the Company with effect from November 30, 2023. At their meeting held on September 21, 2023, the Board of Directors has approved the appointment of Ms. Aparna Iyer as the Chief Financial Officer of the Company with effect from September 22, 2023. Aparna Iyer is an accomplished and results-driven leader. Throughout her career with Wipro, she has been a dynamic, forward-thinking strategic partner to business leaders. In a career spanning 20 years, Aparna has played several leadership roles covering the breadth & depth of finance, ranging from Internal Audit, Business Finance, Financial Planning & Analytics and Corporate Treasury & Investor Relations. More recently, she was appointed as CFO of Wipro's FullStride Cloud Global Business Line, with the intent of deepening her expertise as future CFO. She has deep expertise in financial risk management, capital allocation, fund raising, driving business strategy and growth. Aparna is a qualified Chartered Accountant (CA) and was a gold medalist of the CA 2002 batch. Announcement • Aug 24
Wipro Limited Launches Digital Skills Credentialing and Verification Initiative Wipro Limited announced the launch of a digital skills credentialing and verification initiative in India. The initiative aims to engage businesses, educational institutions, and the government to create a standardized framework for credentialing and validation of skills. The initiative will make validation of credentials easier, faster, and more reliable. Built on Wipro's Lab45 DICE ID platform and powered by blockchain principles of decentralization, security, and trust, the verifiable skill credential and the associated digital ecosystem are expected to reshape the talent identification and verification landscape in India and beyond. The digital ecosystem Wipro is building on its DICE ID platform will provide a secure, trusted, and efficient way of validating certifications and educational credits, helping address the challenges surrounding skills and credential verification amidst a rapidly growing number courses and certifications offered in India. To accelerate the adoption of this ecosystem, Wipro has formed an industry working group, that includes learners, employers, academia, training providers, assessment agencies, and recruiters. This working group will accelerate adoption and help evangelize a framework of skills standardization, recognition, and validation in compliance with Indian government. So far, nearly 70 organizations have joined the DICE ID platform to become part of this initiative. Additionally, as part of the recently announced Wipro ai360 initiative, Wipro will also use the DICE ID skills credentialing platform for its own employees, starting with the company's generative AI skills training program. Announcement • Aug 22
Wipro Appoints Brijesh Singh as Senior Vice President and Global AI Head Wipro appoints Brijesh Singh to Senior Vice President and Global Artificial Intelligence (AI) Head for Wipro Enterprise Futuring. Singh brings to Wipro over 30 years of experience in the technology consulting space and was previously a Senior Partner at Deloitte where he was responsible for driving AI and data-led transformation. As the global head of AI, he will be focused on advancing Wipro's ai360 strategy, building capabilities to support and accelerate AI adoption across Wipro's entire portfolio, and delivering AI-first solutions to clients. His appointment underscores Wipro's commitment to integrating responsible AI into every platform, every tool, and every solution used internally and offered to clients. Announcement • Aug 11
Wipro Appoints NS Kannan as Independent Director Wipro Limited announced the appointment of NS Kannan as independent director to the company's board. Kannan will join six other independent directors at the Bengaluru-headquartered company, after having retired as the managing director and chief executive of insurance firm, ICICI Prudential Life Insurance Co. Kannan has previously served as an advisor to DHFL's bankruptcy case in appointment by the Reserve Bank, and was also chairman of the regulatory review committee of Life & General Insurance Councils. He was also a member of India's insurance regulator's Insurance Advisory Committee. Announcement • Jul 12
Wipro Launches Wipro ai360, Commits to Investing $1 Billion in Ai over the Next Three Years Wipro Limited announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, the company also committed to making a $1 billion investment in advancing AI capabilities over the next three years. Wipro ai360, fueled by this new investment, will help unleash a new era of value, productivity, and commercial opportunities through the application of AI and generative AI. With responsible AI at its core, Wipro ai360 will bring together the 30,000 Wipro experts in data analytics and AI with Wipro’s technology and advisory ecosystem from four global business lines. Capabilities across cloud and partnerships; data, analytics and AI; design and consulting; cybersecurity; as well as engineering will be leveraged to develop new solutions and embed AI into all processes and practices. Wipro’s new global business line model will enable new levels of agility, speed, and depth in delivery. Furthermore, Wipro’s innovation hub Lab45 will be a core part of the Wipro ai360 ecosystem, providing clients with the talent, training, scale, as well as the research and co-innovation capabilities needed to accelerate AI adoption. The $1 billion investment will help further advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms, enhance FullStride Cloud, and build new consulting capabilities to help clients adapt to change and unlock new value through AI. Announcement • Jul 06
Wipro Limited to Report Q1, 2024 Results on Jul 13, 2023 Wipro Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Jul 13, 2023 Announcement • Jun 18
Wipro Limited, Annual General Meeting, Jul 12, 2023 Wipro Limited, Annual General Meeting, Jul 12, 2023, at 09:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company (including consolidated financial statements) for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon; to confirm the interim dividend of H 1 per equity share declared by the Board on January 13, 2023, as the final dividend for the financial year 2022-23; and to consider appointment of a Director in place of Mr. Thierry Delaporte who retires by rotation and being eligible, offers himself for re-appointment. Announcement • May 05
Wipro Appoints Soeren Lorenzen as Chief Growth Officer, APMEA Wipro Limited announced the appointment of Soeren Lorenzen as the Chief Growth Officer of its Asia Pacific, Middle East and Africa (APMEA) strategic market unit. Soeren will lead APMEA’s sales, marketing, and partnerships teams. He will also work closely with Wipro’s Growth Office, bringing together the best of the company’s integrated capabilities and global scale to customers in the region. Soeren comes to Wipro with over two decades of expertise in strategic account management, large deals pursuits, and sales excellence. Previously, he held a series of progressively higher positions in companies such as Hewlett Packard (HP), Injazat and Nilfisk. At HP, Soeren achieved the firm’s highest accreditation for Account General Managers responsible for driving growth in corporate accounts. Soeren graduated from Copenhagen Business School with a Master in Business Administration and Marketing Economics. He will be based out of Dubai. Announcement • Feb 17
Wipro Limited Appoints Tulsi Naidu as Independent Director and Member of the Nomination & Remuneration Committee, with Effect from April 1, 2023 The Board of Directors of Wipro Limited have approved the appointment of Ms. Tulsi Naidu, Independent Director, as a member of the Nomination & Remuneration Committee (which also acts as Corporate Social Responsibility Committee), with effect from April 1, 2023. The details of the re-constituted committee are given below: Ms. Ireena Vittal, Chairperson, Mr. Patrick Dupuis, Member, Mr. Deepak M. Satwalekar, Member and Ms. Tulsi Naidu, Member (Effective April 1, 2023). Announcement • Jan 31
Wipro Limited Showcases Smart i-Building At the Microsoft Technology Center in Zurich, Switzerland Wipro Limited announced that its latest smart building solution, "Smart i-Building," is now being showcased at the Microsoft Technology Center in Zurich, Switzerland. Smart i-Building is an integrated, modular, Internet of Things and Impact Intelligent building management solution that runs on the Microsoft Azure platform. The solution reduces costs and the sustainability footprint impact of office buildings through better utilization of corporate space, lower energy consumption, and higher operational efficiency. On average, buildings that adopt the Smart i-Building solution can realize 10 to 30 percent energy savings. Announcement • Jan 14
Wipro Limited Approves Interim Dividend, Payable on or Before February 10, 2023 Wipro Limited announced that at its Board of Directors meeting held on January 13, 2022, approved the payment of interim dividend of INR 1/- per equity share of par value INR 2/- each to the Members of the Company as on January 25, 2023, being the Record Date. The payment of Interim Dividend will be made on or before February 10, 2023. Announcement • Dec 29
Wipro Limited (BSE:507685) completed the acquisition of Encore Theme Technologies Pvt. Ltd. Wipro Limited (BSE:507685) signed a definitive agreement to acquire Encore Theme Technologies Pvt. Ltd. for INR 950 million on October 28, 2020. Encore Theme Technologies Pvt. Ltd. team will join Wipro Limited. On completion, Wipro’s global managed services capabilities will combine with Encore Theme’s deep domain trade and cash management expertise. The acquisition is subject to closing conditions and is expected to close in the quarter ending December 31, 2020.
As of December 16, 2020, Wipro Limited completed the acquisition of 83.4% stake in Encore Theme Technologies Pvt. Ltd. The acquisition of remaining 16.6% stake will be completed after receipt of certain regulatory approvals/confirmations. Srinath Dasari and Bhuvana Veeraragavan of AZB & Partners acted as legal advisors to Wipro Limited. As of January 25, 2022, Wipro Limited has completed the acquisition of additional 13.3% equity stake in Encore Theme. Consequent to the acquisition of aforesaid additional equity stake, Wipro Limited holding in Encore Theme increased from 83.4% to 96.7%. The remaining 3.3% equity stake will be acquired subject to and after receipt of certain regulatory approvals. As of December 27, 2022. Wipro has completed the acquisition of the remaining 3.3% equity stake in Encore Theme Technologies.
Wipro Limited (BSE:507685) completed the acquisition of Encore Theme Technologies Pvt. Ltd. on December 27, 2022. Announcement • Dec 24
Wipro Limited to Report Q3, 2023 Results on Jan 13, 2023 Wipro Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Jan 13, 2023 Announcement • Dec 02
Wipro Launches Wipro Data Intelligence Suite At AWS re:Invent Wipro Limited announced the launch of Wipro Data Intelligence Suite, a one-stop solution for accelerating cloud modernization and datamonetization, focused on modernizing data estates, including data stores, pipelines and visualizations, running on Amazon Web Services (AWS). Wipro Data Intelligence Suite offers reliable and secure means to migrate from existing platforms and fragmented legacy systems to the cloud. In conjunction with a clearly defined cloud migration strategy, Wipro Data Intelligence Suite offers a standardized platform that supports each phase of the migration process. With a comprehensive approach, enterprises can unlock new opportunities while avoiding stability, latency, or data loss issues. Wipro Data Intelligence Suite enables an end-to-end automation of a company's cloud migration journey, ensuring that businesses can gain business value quickly while mitigating migration risks.It delivers an efficient, reliable pathway to cloud-driven modernizations that set the stage for accelerated workflows and enhanced data analytics operations. Its innovative suite of accelerators and ready-to-deploy modules allow enterprises to develop an effective strategy for migrating legacy applications and data to the cloud, as well as prioritizing their cloud investments. Announcement • Nov 16
Wipro Limited Announces New Retail Solutions Built on the Microsoft Cloud, Launches Retail Innovation Experience Wipro Limited announced new retail solutions, built on the Microsoft Cloud and Cloud for Retail, and a new Retail Innovation Experience in Mountain View, California. This physical, virtual, and hybrid Experience will deepen collaboration between Wipro and Microsoft to accelerate delivery of new solutions that will enable retailers to grow their business and build stronger customer relationships. The Retail Innovation Experience will leverage both Wipro and Microsoft's industry expertise and deep domain knowledge, providing retailers with an immersive space to experience various custom-built solutions powered by the Microsoft Cloud and Microsoft Cloud for Retail. Ultimately, the Experience will enable clients to `reimagine retail' by developing interactive, in-store solutions that simplify and streamline all stages of the customer journey. The Wipro Retail Innovation Experience will enable clients to digitally transform their businesses by utilizing innovative, enterprise-ready solutions, such as: Endless Aisle A buy anywhere, fulfill anywhere solution that browses through a retailer's entire inventory--across stores, warehouses, partner companies--to fulfill shoppers' orders regardless of where they shop, or how they want to receive their purchase. iShelf Insights An AI-based solution that ensures retailers' products are highlighted, in-stock, and priced according to specifications and captures images of the set area (e.g., shelves, tables) to detect anomalies like missing or misplaced items in real time--enabling enterprise-wide compliance reporting by store and fixture. Smart Track Custom sensors that work with Azure Internet of Things and Blockchain to alert retailers to temperature fluctuation, tampering incident or counterfeiting attempt--as a result, enhancing supply chain security and compliance, as well as reducing cold chain waste. Unified Customer Intelligence A solution that connects data and insights across the customer lifecycle, enabling a multi-channel experience and providing information like customer segmentation, campaign response, promotion effectiveness, customer loyalty. Announcement • Nov 14
Wipro Limited Appoints Ankush Saigal as Head, Telecom Industry Sector, Southeast Asia Wipro Limited announced the appointment of Ankush Saigal as Head of Telecom Industry Sector, Southeast Asia. Universal connectedness is driving dynamic transformation across the telecom industry in Southeast Asia. Telecom companies and Communications Service Providers (CSPs) are growing and expanding, as they continue to strengthen their underlying IT infrastructure to drive innovation. Ankush will lead Wipro’s business growth in the telecom sector in Southeast Asia at a time when the overall telecom and CSP industry is looking to adopt an ecosystem play to reach greater heights and drive sustainable growth. He will also help clients accelerate their transformation journey and realize their growth ambitions by reimagining operating models and enhancing customer experience. An industry veteran, Ankush has worked with some of the largest brands in the industry. Prior to joining Wipro, Ankush was with Accenture, where his responsibilities included expanding Technology Sales across Communication, Media and HiTech Industry, driving go-to-market (GTM) with key ecosystem partners and managing key client relationships. Prior to Accenture, he worked with Infosys and was managing one of the largest business relationships in the region. Announcement • Nov 04
Wipro Appoints Amit Choudhary as Chief Operating Officer Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer and member of the Wipro Executive Board. Amit will be responsible for improving organizational operational efficiency, helping drive sustainable growth. He will work closely with Wipro's leadership teams across the organization on transformation initiatives with the aim of improving customer-centricity. Amit will manage Global Business Operations, Delivery Excellence, CIO, CISO, and the Enterprise Risk Management functions. Amit joins Wipro from Capgemini, where he was the Chief Operating Officer for the Financial Services Business Unit, as well as a member of their Executive Committee. Prior to Capgemini, Amit held various leadership positions at Boston Consulting Group and Cadence Design Systems, and consulted with Boards and CXOs across industries, including financial services, healthcare, pharmaceuticals, and industrial goods. Amit is an alumnus of the Indian Institute of Technology Kanpur, and the Indian Institute of Management Calcutta. He is based in New York. Announcement • Oct 21
Wipro Appoints Suzanne Dann as Chief Executive Officer for Americas 2 Strategic Market Unit Wipro Limited announced the appointment of Suzanne Dann as Chief Executive Officer of Wipro Americas 21 Strategic Market Unit, effective immediately. Dann will also join the Wipro Executive Board. In her new role, Dann will focus on increasing bookings, large deal signings, and revenue in high-growth strategic areas. She will also direct operational changes to improve margins and continue investments in talent to serve clients' changing needs. Dann joined Wipro in April 2021 as U.S. Senior Vice President for Capital Markets and Insurance. In this role, she has served as a catalyst for the accelerated growth and has worked to consolidate Wipro's portfolio, foster client relationships, and build a high-performance culture. Dann will be taking over the Americas 2 leadership role from Angan Guha. Prior to joining Wipro, Dann held leadership roles at Avanade, IBM, and EY. She holds a B.S. degree from Cornell University. Announcement • Sep 30
Wipro Limited to Report Q2, 2023 Results on Oct 12, 2022 Wipro Limited announced that they will report Q2, 2023 results on Oct 12, 2022 Announcement • Sep 24
Wipro Limited Sacks 300 Employees Wipro has sacked 300 of its employees. All these employees have been expelled for moonlighting that is working in two places simultaneously. The company said at a conference organised by the All India Management Association on September 21, 2022 that employees can have a transparent discussion with the organization regarding their second or weekend work. However, the company has looked for 300 employees who were working for direct competitors. They have no place in the company. Announcement • Sep 20
Wipro Appoints Dhruv Anand as Country Head and MD for Japan Wipro Limited has appointment of Dhruv Anand as Country Head & Managing Director for operations in Japan. Dhruv will lead Wipro's business expansion in Japan and will also partner with clients to help them achieve their growth ambitions by leveraging Wipro's capabilities across the go-to-market themes of Experience, Data, Analytics & Insights, Engineering Edge, FullStride Cloud Services, Cybersecurity, Core Business Transformation, and Managed Services. Dhruv has over 20 years of experience in the IT industry, specializing in consulting, digital engineering, IoT, and emerging technologies across Japan's automotive, manufacturing, and hitech sectors. The formative years of Dhruv's career were shaped at Wipro, post which he moved to Tata Consultancy Services (TCS), where he held various leadership roles in sales, delivery, and account management for Japanese customers and their global operations. In his most recent role at TCS, Dhruv led the Manufacturing and Hi-Tech vertical with a focus on the Japanese automotive industry and ecosystem suppliers. Dhruv holds a bachelor's degree in Electronics and Telecommunication from Pune Institute of Computer Technology, India, and an MBA in Marketing and Finance from Symbiosis Institute of Management Studies, India. He remains closely associated with the Linux Kernel community where he spent his early professional years in open-source software development. Announcement • Aug 25
Wipro Limited Appoints Wagner Jesus as Country Head and Managing Director for Operations in Brazil Wipro Limited announced the appointment of Wagner Jesus as Country Head and Managing Director for operations in Brazil. Wagner joined Wipro three years prior, taking the lead of the non-financial business cluster. During his tenure, he has played a pivotal role in both local and global accounts and has successfully established relationships within the region. He has acted as a catalyst for significant change within the company and is an influential leader spearheading the company's most recent acquisitions while driving growth in Brazil. As he transitions to this new role, Wagner wants to focus on securing large local deals and significant transformational engagements. Wagner holds a management certification from Harvard Business School, a Master's in Business Administration (MBA) by FIAP, Brazil and a bachelor's degree in Computer Science from Vale do Paraiba University, also in Brazil. Wagner has a history of strong leadership and has continued to foster Wipro's commitment to diversity, equality, and inclusion, serving as an active voice on many local Wipro committees. Announcement • Aug 13
Wipro Limited Launches Wipro Shelde Australia to Bolster Sovereign Cybersecurity Capabilities Wipro Limited announced the launch of Wipro Shelde Australia, a sovereign cybersecurity offering for the Australian government and critical infrastructure industries, to help navigate the cyber threat landscape. Wipro acquired Ampion in 2021 and in integrating its two businesses - Shelde and Revolution IT - into Wipro, it gained access to specialist Australian cybersecurity, DevOps and engineering capabilities. The specialist Australian cybersecurity services provided by Shelde will now be promoted under the new offering. This offering will provide clients access to local next-generation cybersecurity services through a pool of national security cleared consultants, experienced with the PGPA Act, Privacy Act, Protective Security Policy Framework, Essential 8, The Information Security Manual and Commonwealth Risk Management Policy. It will bolster Wipro's comprehensive global cybersecurity and risk services to help clients meet critical business imperatives. In addition, clients can also leverage its security Zone 3 protected facility in Canberra for prototyping solutions up to PROTECTED. All of this comes with the support of Wipro's Melbourne Cyber Defence Centre, which enables customers to rapidly expand capacity and run their security operations in compliance with the local data requirements. Announcement • Aug 03
Wipro Limited Achieves Modern Compute Security and Managed Application Security Testing Specialization Distinctions in the Amazon Web Services Wipro Limited announced that it has achieved Modern Compute Security and Managed Application Security Testing Specialization distinctions in the Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency. The AWS Level 1 MSSP Competency provides a faster and easier experience for customers to select the right MSSP to help them achieve their goals for business risk and cloud strategy confidence. Wipro added two new AWS Level 1 MSSP Specialization Distinctions: Modern Compute Security: Managed security services for containerized workloads running on AWS. This provides a shift left approach, automating compliance and reporting through Wipro's Cloud Application Risk Governance (CARG) platform. Wipro's capability includes support for various operating systems, programming languages and provides dashboards and reports depicting security posture of AWS environment. Managed Application Security Testing: Managed security services including code pipeline scanning for software vulnerabilities, routine penetration testing, and static/dynamic code analysis. This offers threat modelling, static and dynamic application security testing, penetration testing and development, security, and operations (DevSecOps) to provider hyper agile delivery of cloud native applications. Announcement • Aug 02
Wipro Limited Announces Management Changes Wipro Limited informed that Mr. William Arthur Owens, Independent Director, has retired from the Company's Board of Directors, with effect from close of business hours on July 31, 2022, after the cessation of his tenure pursuant to Section 149(11) of the Companies Act, 2013. Consequent to the retirement of Mr. William Arthur Owens, the following committee of theBoard has been re-constituted as under: Composition of the Committee with effect from August 1, 2022: Ms. Ireena Vittal, Chairperson, Mr. Patrick Dupuis, Member and Mr. Deepak M. Satwalekar, Member. Announcement • Jul 21
Wipro Limited Appoints Päivi Rekonen to Its Board, Effective October 1St, 2022 Wipro Limited announced the appointment of Ms. Päivi Rekonen to its Board of Directors for five years effective October 1st, 2022, subject to the approval of shareholders. Päivi Rekonen will serve as an Independent Director on the Board, bringing over 25 years of experience in technology as well as in banking and services. Ms. Rekonen is Chair of The Board of Directors of SEBA Bank AG in addition to being a Member of the Board at Konecranes Plc, WithSecure Plc, and Efecte Plc. Her international career has been shaped by executive leadership roles in functions including technology, human resources, and consulting at global organizations such as Nokia, Cisco, Credit Suisse, Adecco, and UBS. Ms. Rekonen holds Master’s degrees in Social Sciences, and Economics and Business Administration from the University of Jyväskylä, Finland. Announcement • Jul 20
Wipro Limited Approves Interim and Final Dividend for the Financial Year 2021-22 Wipro Limited at its AGM held on July 19, 2022 approved the interim dividend of INR 1/- per equity share declared by the Board on January 12, 2022, and INR 5/- per equity share declared by the Board on March 25, 2022, as the final dividend for the financial year 2021-22. Announcement • Jul 02
Wipro Limited to Report Q1, 2023 Results on Jul 19, 2022 Wipro Limited announced that they will report Q1, 2023 results on Jul 19, 2022 Announcement • Jun 18
Wipro Appoints Doug Hanson as Chief Executive Officer for Topcoder Wipro has appointed Doug Hanson as chief executive officer for Topcoder- a crowdsourced tech solutions platform for developers, designers and data scientists.Hanson replaces Mike Morris who had quit the company in March this year. He brings 25 years of leadership in scaling marketplace businesses and his breadth of experience in sales, marketing, product, and operations will be critical to Topcoder's next phase of growth, according to the Bengaluru-based parent's exchange filing. Prior to joining Topcoder, Hanson served as chief operating officer for healthcare software firm 6 Degrees Health, where he led business optimization, sales, and the go-to-market strategy. Before that, he held leadership positions at GrubHub, Amazon and Microsoft. In 2016, Wipro had acquired US-based cloud consultancy firm Appirio for $500 million and acquired its subsidiary Topcoder as part of that deal. Announcement • Apr 27
Wipro Limited (BSE:507685) signed a definitive agreement to acquire Rizing, LLC from OEP Capital Advisors, L.P. for $540 million. Wipro Limited (BSE:507685) signed a definitive agreement to acquire Rizing, LLC from OEP Capital Advisors, L.P. for $540 million on April 26, 2022. Upon completion of the acquisition, Rizing will operate as Rizing, a Wipro company, under the leadership of Maiolo. The acquisition is subject to regulatory approvals and is expected to close before the end of the quarter ending June 30, 2022. Guggenheim Securities, LLC acted as exclusive financial advisor to Rizing for this transaction. Announcement • Apr 19
Wipro Appoints Satya Easwaran as Country Head of India Wipro announced the appointment of Satya Easwaran as the Country Head for India. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernization engagements. Easwaran will help clients leverage Wipro's capabilities and investments in cloud, digital, engineering R&D, data/analytics and cybersecurity to succeed in their business and digital transformation initiatives. Easwaran has global work experience driving end-to-end business transformation programs for leading enterprises in different sectors. Prior to joining Wipro, he was the Head of Business Consulting and the Telecom, Media & Technology (TMT) Sector Leader at KPMG India. Announcement • Apr 12
Wipro Limited (BSE:507685) acquired Convergence Acceleration Solutions, LLC for $80 million. Wipro Limited (BSE:507685) acquired Convergence Acceleration Solutions, LLC for $80 million on April 11, 2022. As part of consideration, Wipro paid $50 million in cash and $30 million as contingent consideration to be payable over 3 years. Convergence generated revenue of $20.1 million for the year ended December 31, 2021. ILLUM Partners acted as financial advisor to Convergence Acceleration Solutions and Thompson Hine LLP acted as legal advisor to Convergence Acceleration Solutions.
Wipro Limited (BSE:507685) completed the acquisition of Convergence Acceleration Solutions, LLC on April 11, 2022. Announcement • Apr 09
Wipro Ltd Announces Executive Changes Wipro Ltd. announced that it has appointed Anis Chenchah as member of the Wipro Executive Board and Chief Executive Officer, APMEA (Asia Pacific, India, Middle East and Africa). Anis has over two decades of experience in Consulting, IT and Business Process Services. He joins from Capgemini where he was the Global CEO of Capgemini Business Services and member of the Group Executive Committee. N S Bala, who has been the CEO of the APMEA Strategic Market Unit for the past year, has decided to move back to the US for personal reasons. Announcement • Mar 31
Wipro Limited to Report Fiscal Year 2022 Results on Apr 29, 2022 Wipro Limited announced that they will report fiscal year 2022 results on Apr 29, 2022 Announcement • Mar 10
Wipro Limited Appoints Turki Bin Nader as General Manager and Country Head for the Kingdom of Saudi Arabia (Ksa), One of Wipro's Key Focus Markets in the Middle East Region Wipro Limited announced the appointment of Turki Bin Nader as General Manager and Country Head for the Kingdom of Saudi Arabia (KSA), one of Wipro's key focus markets in the Middle East region. Turki will focus on Wipro's vision for business growth, revenue expansion, client and influencer relationships, talent development and brand building in the region. He will also strengthen Wipro's presence across the key industry sectors in KSA through strategic transformational engagements. Turki is an industry veteran with over two decades of experience in technology-led market development initiatives across various industry sectors in the Middle East. He has a strong track record of leading large digital transformation programs and building high-performing teams. Prior to joining Wipro, Turki was the Regional Head for Saudi Arabia, Kuwait and Bahrain at Tech Mahindra. He has held various leadership roles in Saudi Markets across enterprises like Saudi Aramco, Saudi Telecom and Saudi Arabia Transportation company (SAPTCO). Turki holds a Master's degree in Industrial Engineering from the University of Miami, Florida, USA. He also holds distinguished certifications in the fields of ICT, Leadership and Strategic Planning. He is based in Riyadh. Wipro's presence in the Middle East region spans over two decades now. Through these years, the company has collaborated with several leading public and private sector enterprises in UAE and KSA as a strategic partner in their digital transformation journeys. Recognizing the region's enormous growth potential, Wipro has been investing in various technology development initiatives, building local presence with a diverse and tech-savvy workforce, establishing strategic partnerships and setting up innovation hubs and offices in key economic zones. Specifically, KSA(where Wipro operates as `Wipro Arabia Limited') is a top priority for technology investments and talent development - to align with the KSA Vision 2030, and contribute to the in-Kingdom Total Value Add (iKTVA) program through focused localization activities.