Wipro Q1 profit up 12% to ₹2,870 cr; revenue surges 6%
Wipro revenue reaches ₹22,830 crore in Q1 FY24; voluntary attrition moderates to an 8-quarter low of 14%
thierry delaporte
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After Infosys’ Topaz, Wipro launches AI platform ai360; plans $1 bn investment
Wipro to train 2.5 lakh employees on AI, its responsible use; ai360 to integrate AI into "every platform, every tool, and every solution”
Wipro chairman Rishad Premji takes 50% salary cut
As net profit for FY23 was negative, Wipro determined that no commission was payable to Rishad Premji
Wipro Q3 profit up 2.8% at ₹3,052.9 cr; revenue surges 14.35%
Wipro says it expects revenue from its IT services business for the full year to be in the range of 11.5% to 12%.
Shrinking American Pie for Indian IT?
The domestic IT industry, which rode on the pandemic-led digitisation, is bracing for a slowdown as the U.S. and Europe stare at recession. Will this crisis lead to new opportunities?
'Level of uncertainty among clients': Wipro CEO sounds a note of caution amid headwinds
Wipro CEO Thierry Delaporte says the technology companies that have been growing tremendously are slowing down
Clients not shaving tech spends, demand robust: Wipro’s Delaporte
Even in a cycle where there’s a bit less optimism macro-economically, companies continue to invest in technology, said CEO and MD Thierry Delaporte.
Wipro CEO Thierry Delaporte earned ₹79.8 cr salary in FY22
This makes him the highest-paid executive in India's IT sector; for the 9-month period of FY21, Delaporte’s compensation was ₹64.3 cr.
Business environment good, demand for IT services is strong: Wipro
"We continue to close large, transformational deals and see rapid expansion in small and mid-sized deals as well," says CEO & managing director Thierry Delaporte.
Wipro’s billion dollar bet on cloud business
The IT major is looking to ramp up its cloud services portfolio with an investment of $1 billion over the next three years.
