Journalism of Courage
Wipro
Follow on:
Wipro Limited: A Tech Giant's Footprint Wipro Limited, a Bengaluru-based multinational, is a prominent player in India's technology landscape, ranking among the nation's top six tech companies. The company's core offerings encompass information technology, consulting, and business process services, ...
- Company type Public
- Industry Information technology, Consulting, Outsourcing
- Founded 29 December 1945
- Founders MH Hasham Premji
- Headquarters Bengaluru, Karnataka, India
- Area served Worldwide
- Key people Rishad Premji
- Revenue ₹89,760 crore (US$10 billion) (FY24)
- Net income ₹11,112 crore (US$1.3 billion) (FY24)
- Number of employees 234,054 (March 2024)
- Subsidiaries Appirio, Topcoder, Capco, Designit
- Website www.wipro.com
Wipro history
Last Updated : 17/03/25, 09:19 PM
Wipro: From Cooking Oil to Global IT Powerhouse Established in 1945 as Western India Vegetable Products Limited, Wipro's journey began as a cooking oil manufacturer under M H Hasham Premji. Following his death in 1966, his son Azim Premji took the helm at the young age of 21. The company's name evol...
WIPRO NEWS
Wipro shares decline 6 per cent post Q4 earnings
April 16, 2020 12:21 pm
The scrip plunged 6 per cent to Rs 175.30 on the BSE. On the NSE, shares of the company fell 3.51 per cent to Rs 180.
Wipro Q4 net slips 6% to Rs 2,345 crore; suspends revenue guidance amid COVID-19 uncertainty
April 15, 2020 5:37 pm
Wipro, which is the first among its peers to announce financial numbers for the quarter, said it will resume providing revenue guidance after it sees "increased certainty" on demand and supply side factors.
Wipro shares slip over 2% as MD and CEO Abidali Neemuchwala resigns
January 31, 2020 11:38 am
Abidali Z Neemuchwala will continue to hold the position until his successor is appointed by the company to ensure a smooth transition.
Wipro MD and CEO Abidali Neemuchwala steps down
January 31, 2020 9:38 am
Wipro's board of directors has initiated a search to identify the next CEO, after Abidali Nemuchwala announced his decision to resign. He will hold the position until a successor is appointed to ensure smooth transition, the company said.
Wipro shares crash over 4% as Q3 net profit dips 2.17% YoY
January 15, 2020 11:58 am
On Tuesday, Wipro reported a net profit of Rs 24,559 million (Rs 2,455.9 crore) for the quarter ended December 31, 2019, down 2.17 per cent from Rs 25,104 million (Rs 2,510.4 crore) during the corresponding period year ago.
Assam: Case against Wipro over labour law ‘violation’
October 01, 2019 4:47 am
“The case has been registered against Wipro for violating the Contract Labour (Regulation and Abolition) Act of 1970 because they had not obtained the required license,” said Labour Commissioner Narayan Konwar.
Wipro founder Azim Premji to retire on July 30
June 06, 2019 4:48 pm
Azim Premji's son Rishad Premji will be replacing him as the Executive Chairman, and Chief Executive Officer (CEO) Abidali Z Neemuchwala will take over as the new MD, the company said in a statement.
Wipro consumer biz acquires Philippines-based firm Splash
April 30, 2019 3:02 am
Splash Corporation’s acquisition is Wipro’s eleventh in the consumer line business and ninth in the personal care segment.
Wipro Q4 net up 38% to Rs 2,494 crore; announces Rs 10,500 crore buyback plan
April 16, 2019 6:38 pm
The Wipro board has also approved a Rs 10,500 crore buyback plan under which it will buy back up to 32.3 crore shares at Rs 325 apiece.
Azim Premji pledges another Rs 52,750 crore for philanthropy
March 14, 2019 4:05 am
Azim Premji family holds 74.30 per cent stake in Wipro which has a market capitalisation of Rs 1,55,523 crore.
