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Wipro Ltd. - WIT STOCK NEWS

Welcome to our dedicated news page for Wipro Ltd. (Ticker: WIT), a resource for investors and traders seeking the latest updates and insights on Wipro Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wipro Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wipro Ltd.'s position in the market.

Rhea-AI Summary
Wipro (WIT) announced its financial results for the quarter and year ended March 31, 2024. Highlights include an increase in IT services segment operating margin by 40 bps QoQ, a 5.2% QoQ increase in net income, and large deal bookings at $4.6 billion, a YoY increase of 17.4%. Operating cash flows were strong, reaching 158.6% of net income for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
none
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Rhea-AI Summary
Wipro appoints Malay Joshi as CEO of Wipro Americas 1 Strategic Market Unit, succeeding Srini Pallia. Malay brings extensive experience and a strong background in various industries. He aims to drive successful enterprise transformations and enhance client experience in the Americas market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
management
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Rhea-AI Summary
Wipro appoints Srini Pallia as the new CEO and Managing Director, succeeding Thierry Delaporte. Pallia, with over three decades at Wipro, brings extensive industry knowledge and a client-centric approach to drive growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Rhea-AI Summary
Wipro (WIT) to announce Q4 and year-end results on April 19, 2024. Senior management to discuss performance and answer questions. Wipro is a leading technology services company with a global presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
-
Rhea-AI Summary
Wipro appoints Anne-Marie Rowland as Capco's CEO, with Lance Levy transitioning to a Strategic Advisor role. Rowland brings extensive consulting experience to lead Capco into its next growth phase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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Rhea-AI Summary
Wipro Limited has been selected by Desjardins to transform their credit solutions for members and clients by integrating their Loan Origination Systems into one platform, leading to improved customer experience, efficiency gains, and cost savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
none
Rhea-AI Summary
Wipro Limited and Nutanix, Inc. have launched a new business unit to accelerate digital transformation and hybrid multicloud innovation. The collaboration aims to enhance joint solution engineering and expand go-to-market strategies, empowering enterprises with intelligent cloud capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
Tags
partnership
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Rhea-AI Summary
Wipro Limited successfully migrates ManpowerGroup's largest data center in Europe to Microsoft Azure, enhancing operational efficiency and sustainability. The project involved migrating over 150 critical IT applications across 15 European countries, resulting in improved resilience, security, and IT controls. The transition to Azure will drive innovation, scalability, and sustainability, reducing ManpowerGroup's carbon footprint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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none
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Rhea-AI Summary
Wipro Limited announced a joint private wireless solution with Nokia to enhance enterprises' digital transformation through a secure 5G network. The solution aims to provide reliability, mobility, speed, real-time insights, and data processing capabilities. It targets industries like manufacturing, energy, utilities, transportation, and sports entertainment. Wipro will offer strategic guidance and industry insights, while Nokia will provide hardware and software solutions. The collaboration aims to drive operational efficiencies and AI-driven automation for enterprises.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
Rhea-AI Summary
Wipro has launched the Wipro Enterprise AI-Ready Platform in collaboration with IBM watsonx to accelerate enterprise adoption of AI. The platform offers interoperable services leveraging AI and data platforms, large language models, governance, and AI assistants. The partnership aims to build joint solutions for robust, reliable, and enterprise-ready AI ecosystems, with a focus on flexibility, efficiency, and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
partnership AI
Wipro Ltd.

NYSE:WIT

WIT Rankings

WIT Stock Data

29.48B
1.42B
2.58%
0.3%
Data Processing, Hosting, and Related Services
Information
Link
India
Bangalore

About WIT

Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services.