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Wipro - WIT STOCK NEWS

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

Wipro Limited (WIT) is a global leader in IT services, consulting, and business process solutions. This news hub provides investors and professionals with essential updates on corporate developments, strategic initiatives, and operational milestones.

Access timely announcements including quarterly earnings reports, technology partnerships, and leadership updates. Our curated collection simplifies tracking Wipro's market position in cloud services, digital transformation, and offshore outsourcing.

Key updates cover mergers & acquisitions, new service launches, and industry recognitions. All content is verified through primary sources to ensure reliability for investment research and competitive analysis.

Bookmark this page for streamlined access to Wipro's evolving business strategy and technology leadership. Check regularly for objective reporting on developments impacting the IT services sector.

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Wipro Infrastructure Engineering's Hydraulics Business has signed a definitive agreement to acquire Mailhot Industries, a leading North American hydraulic cylinder manufacturer. The acquisition includes JARP Industries, expanding offerings to various sectors like utilities, mining, defense, and oil & gas. Wipro aims to enhance its global footprint and market position through this strategic move, benefitting from Mailhot's expertise in demanding work environments.

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Wipro and Kognitos have collaborated to deploy GenAI-based Business Automation Solutions. Wipro Ventures participated in Kognitos' latest Series A Funding Round. The platform will automate complex business process workflows for Wipro's customers in use cases like order management, contact center, and finance and accounting services.

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Rhapsody, a digital health enablement leader, announced the successful implementation of the Rhapsody Enterprise Master Person Index (EMPI) solution by NHS National Services Scotland, in partnership with Wipro UK The cloud-based solution hosted in Microsoft Azure enhances connectivity of healthcare data within NHS Scotland, providing a comprehensive view of patients' health journeys.

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Wipro, a leading technology services company, will implement the Medicare Prescription Payment Plan platform for Independent Health in Western New York. The platform aims to streamline prescription payments, introducing capped monthly payments for out-of-pocket drugs starting in 2025.

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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.
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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.
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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.
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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.
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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.
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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.
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Wipro

NYSE:WIT

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29.81B
10.46B
2.93%
0.47%
Information Technology Services
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India
Bengaluru