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Wipro

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, ...

Wipro Overview

Image Source : Wikipedia
  • 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

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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 Chief Azim Premji denies media report on sale of stake

June 06, 2017 10:05 am

Premji along with his family own about 73.25 per cent shares in the company.

Wipro, partners set up Saudi Arabia's first all-women business park

May 02, 2016 1:38 pm

Wipro's larger rival Tata Consultancy Services (TCS) had established its first all-women Business Process Services (BPS) centre in Riyadh in 2013.

Wipro shares sink 7% after Q4 nos; biggest loser on bourses

April 21, 2016 11:44 am

The Azim Premji-led firm had registered a consolidated net profit of Rs 2,272 crore in the same quarter last fiscal.

Wipro profit drops in Q4; to buyback up to 4 cr shares

April 21, 2016 1:28 am

The firm’s operating profit margin came in at 20.1%, a fall of 10 basis points over December quarter.

IT firm Wipro to buyback shares worth Rs 2,500 crore

April 20, 2016 9:25 pm

Members of the promoter and promoter group of Wipro have indicated their intention to participate in the proposed buyback.

Wipro buys US-based HealthPlan Services for $460 million

February 12, 2016 2:40 am

The partnership with HealthPlan Services positions Wipro to participate in the shift of the US health insurance industry towards a consumer-centric business model.

Three Wipro call centre staff arrested over UK telecom fraud

January 29, 2016 4:25 pm

The Kolkata-based workers were arrested earlier this month following a data security review by the London-based firm, which then alerted Indian police.

Wipro Q3 profit meets expectations; up 2%`

January 19, 2016 1:46 am

Operating margins for its IT services business fell to 20.2 per cent from 21.8 per cent a year earlier due to floods in Chennai where it employs 13 per cent of its staff.

Wipro to acquire Viteos Group for $130 mn

December 24, 2015 2:45 am

The purchase is in line with the company's “string of pearls” acquisition strategy and the second this month.

Profit from IT services up 4%: Wipro Q2 net up 7.2% at Rs 2,235 cr

October 22, 2015 1:21 am

Wipro had also bagged a major contract in its digital business with the signing of a deal to be the IT partner of English Premier League team Chelsea Football Club.

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