Tag:

Wipro

India's Wipro forecast disappoints, stock drops

Wipro shares fell after the company issued a weaker-than-expected revenue forecast, deepening concerns about slowing growth and ongoing margin pressure in India’s IT sector.

17 Apr 2026-09:50
India's Wipro announces record buyback after revenue miss

India’s Wipro announced a record share buyback of up to 150 billion rupees ($1.61 billion) on Thursday after reporting a slight quarterly revenue miss, as clients held back technology spending in the energy and banking sectors, while business from key customer Estée Lauder also slowed.

16 Apr 2026-15:41
India's Wipro shares jump on major Olam IT unit takeover

Shares of Wipro rose as much as 3.2% on Monday after the company agreed to acquire the IT services business of Olam Group for an enterprise value of $375 million.

06 Apr 2026-09:22
India's Wipro appoints Nagendra Bandaru as AI head

Indian IT services firm Wipro has appointed insider Nagendra Bandaru as the chief executive officer of its artificial intelligence segment, as the company accelerates its push into AI-driven services.

01 Apr 2026-16:59
Wipro shares tumble on weak outlook and deal slowdown

Wipro shares fell sharply on Monday after the IT services firm issued a subdued fourth-quarter revenue outlook and reported its weakest deal bookings in six quarters.

19 Jan 2026-09:30
Wipro shares slide over 4% after Q2 results; Jefferies calls risk-reward ‘unattractive’

Shares of Wipro Ltd dropped 4.4% to ₹242.8 on Friday following the company’s September quarter (Q2 FY2026) earnings, which were announced after market hours on Thursday. The stock’s decline mirrors a 2.5% fall in its US-listed ADRs overnight.

17 Oct 2025-10:00
Wipro to acquire Harman’s digital transformation unit for $375 million

Indian IT giant Wipro Ltd has announced plans to acquire the digital transformation solutions (DTS) unit of U.S.-based audio technology company Harman for $375 million, a move aimed at strengthening Wipro’s AI-driven engineering services across industries.

21 Aug 2025-18:46

Prev Next