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The Latest Breaking News from Wipro

Wipro fixes June 5 as record date for Rs 15,000 crore share buyback at Rs 250 apiece

Wipro Limited has set June 5, 2026, as the record date for its Rs 15,000 crore share buyback. The IT major's board and shareholders previously approved the repurchase of up to 60 crore shares at Rs 250 each. This tender offer will allow eligible shareholders to participate in the buyback.

The Economic Times

US firm ContentNexus files patent suit against Wipro

A US patent holder has sued Wipro in a federal court. The company alleges Wipro used patented technology without permission. This involves two patents related to signal processing. ContentNexus LLC filed the complaint. They seek damages and a jury trial. Wipro has not yet responded to the lawsuit. The patents…

The Economic Times

UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shift

Indian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is changing how clients spend money. Some big companies like Infosys and Wipro reported lower growth. Mid-tier firms like Coforge showed strong performance. Clients are focusing on AI and cost savings.…

The Economic Times

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BSE set for Nifty50 hot seat, likely to replace Wipro in September rejig

Axis Capital expects BSE to replace Wipro in the NSE’s semi-annual index rebalancing, with changes likely announced in August and effective from September 30, 2026. Based on partial data, one Nifty 50 change is anticipated along with reshuffles in Nifty Next 50. If included, BSE could see $657 million inflows,…

The Economic Times

BSE shares jump over 7% in two days on likely Nifty50 inclusion; IT major Wipro to make way

BSE shares rose sharply on Tuesday on expectations of replacing Wipro in the Nifty50 during the September rejig. The rally comes after strong Q4 results and bullish brokerage views. Analysts remain divided on the stock, with Nuvama staying positive, Jefferies cautious, and Motilal Oswal turning neutral but raising its target…

The Economic Times

Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levels

Indian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp correction that made sector valuations attractive. A weaker rupee also supported IT stocks. Goldman Sachs maintained a neutral rating on Infosys, citing management's positive outlook on deal wins…

The Economic Times

Why 10 stocks suffered massive Rs 17,000 crore mutual fund selloff in April

Mutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. This strategic sell-off occurred amid concerns over earnings risks, geopolitical uncertainty, and stretched valuations, even as many of these stocks saw significant rallies.

The Economic Times

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Red alert: 15 stocks most vulnerable to FII selling as DIIs refuse to step in

Foreign institutional investors have divested approximately $53 billion from Indian equities since September 2024, leading to significant ownership shifts. Fifteen large-cap stocks, including HDFC Bank and Bharti Airtel, remain highly vulnerable due to dominant FII holdings and a lack of domestic institutional support, despite overall DII market dominance.

The Economic Times

Infosys, TCS and other IT stocks slide for third straight session as AI worries mount

Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.

The Economic Times

Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in April

Mutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reductions were observed in Wipro, HDFC Bank, and Hindalco Industries across large, mid, and smallcap segments. This active portfolio management reflects ongoing strategic shifts by fund managers.

The Economic Times

Why Sundar Pichai, Satya Nadella and Shantanu Narayen Built Their Careers Outside India

When Indians see familiar names leading companies like Google, Microsoft and Adobe, pride feels natural. These leaders were educated in Indian institutions, shaped by Indian classrooms and mentors. Yet their rise to the top happened thousands of miles away. To understand why, we must look not at emotion, but at…

Times Life

From Orion to TJ: How Indian media rebranded a Chinese robodog as innovation

At the India AI Impact Summit, Galgotias University unveiled what it projected as a homegrown marvel: a robotic dog named “Orion”. The problem? “Orion” turned out to be the Unitree Go2 – a commercially available robot made by Chinese robotics company Unitree and sold online in India.

Newslaundry

Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

At our Fortune Global Forum, economics and geopolitical tensions were hot topics, but the future of the workforce and workplace also came up in many conversations.

Fortune

‘AI is way beyond the hype phase’: Experts warn businesses must reskill for the new reality

Companies must not only develop existing talent but also rethink the skills they are sourcing.

Fortune

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Benzinga

Wipro Bets On Margins And Bookings To Drive A Slow Comeback

Wipro Ltd (NYSE:WIT) reported second-quarter 2025 gross revenue of 227.0 billion rupees ($2.56 billion), up by 1.8% year-on-year (Y/Y), topping the analyst consensus estimate of $2.55 billion.

Fortune

One of Silicon Valley’s most prominent Democrats just called Trump’s $100k H-1B visa fee a 'great solution'

Other tech leaders, like Elon Musk, have said they will ‘go to war’ to defend the program.

Benzinga

Wipro Targets Rising Cyber Threats With New CrowdStrike Backed Service

Wipro Limited (NYSE:WIT) has expanded its collaboration with CrowdStrike Holdings (NASDAQ:CRWD) to introduce Wipro CyberShieldSM MDR, a managed security service designed to streamline enterprise security operations through artificial intelligence and automation.

Geekflare

Wipro and CrowdStrike to Simplify Security, Here’s How

Wipro has announced its collaboration with CrowdStrike to roll out CyberShieldSM MDR. It is an AI-powered managed security service that is said to

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news in one place.

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Geekflare

Wipro to Acquire HARMAN’s Digital Transformation Arm

Wipro is acquiring the Digital Transformation Solutions (DTS) business of HARMAN, which is a Samsung-owned company. This deal will expand its engineering

inkl

The Leading BPO Companies of 2025: Innovation Meets Efficiency

In a world where digital transformation and operational agility are at the heart of business strategy, Business Process Outsourcing (BPO) has emerged as a key pillar of growth and scalability. In 2025, BPO companies are no longer just service providers—they are strategic partners driving innovation, cost efficiency, and enhanced customer…

StockNews.com

Wipro (WIT) vs. CGI Inc. (GIB): Which IT Services Stock Holds Better Upside Potential?

The IT services industry is poised for continued growth, driven by a growing demand for customized IT solutions that align precisely with unique business objectives and customer requirements. Amid this, let’s compare Wipro (WIT) and CGI Inc. (GIB) to analyze which IT services stock holds better upside potential. Read on…

Newslaundry

‘Thrown on the road’: Terminated Infosys employees describe forced resignations

In a shocking and controversial move, multinational tech giant Infosys laid off an estimated 400 trainee employees from their Mysuru training facility on Friday, February 7. It is said that more terminations are imminent. While the company claims that employees ‘voluntarily’ signed their release agreements, those affected tell a different…

StockNews.com

Wipro Ltd. (WIT) vs. Cognizant Technology (CTSH): Which IT Services Giant Offers Better Growth Prospects?

As businesses race to adopt cutting-edge technology, IT service providers like Cognizant Technology Solutions Corp. (CTSH) and Wipro Ltd. (WIT) are in high demand. With cloud computing, AI, and cybersecurity fueling industry growth, which of these tech giants holds the potential for long-term growth? Read on to find out….

Fortune

The AI revolution is here but it's still 'pretty nascent' and 'a little clumsy', private equity firm managing partner says

“When we have job applicants sending us a writing sample, we can tell pretty quickly when it’s AI,” Isabelle Freidheim, founder of Athena Capital, said.

Fortune

Industry leaders say companies are adopting AI, but cost and reliability remain key challenges

Leaders from Adobe, Wayfair, Wipro, Freshworks and Medtronic, who gathered at Fortune‘s Brainstorm Tech conference, shared first-hand experience and insights on where it makes sense to implement GenAI within the organization and where it doesn't.

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