Search Results for: Abidali Neemuchwala

Wipro's net income grows 21 pc YoY in Q2, announces 1:1 bonus share

IT major Wipro on Thursday reported net income in the July-September period (Q2 FY25) at Rs 3,209 crore -- a 6.8 per cent quarterly growth and 21.3 per cent annual growth.

Oct 17, 2024

Azim Premji speech FULL TEXT: The 'trustee' of Wipro wealth bids farewell

To lead in this time of rapid change we have sharpened our strategy into four pillars based on what our clients need i.e. Business Re-imagination, Engineering Transformation and Modernization, Connected Intelligence, and Trust.

Jul 17, 2019

Infosys to digitally transform Finnish postal company Posti

Infosys will be helping the Finland-based postal company manage a cloud workspace and will digitize the infrastructure to a flexible IT service model.

Jun 12, 2019

Wipro CEO Abidali Neemuchwala gets 41% salary hike, overtakes Infosys chief Salil Parekh

Abidali Neemuchwala received about Rs 6.9 crore as salary and allowances, Rs 6.17 crore as commission and variable pay, about Rs 13.85 crore as others and rest in long-term compensation.

Jun 12, 2019

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

Wipro gained on National Stock Exchange (NSE) in early trade by going up to a hight of Rs 294.50 after opening at Rs 292.50 tracking the gain in the sector Nifty IT index.

Jun 7, 2019

Wipro bags biggest ever contract worth $1.5 billion from US-based Alight Solutions

In a statement, Wipro said that "this deal will result in revenues of $1.5-1.6 billion for Wipro over the tenure. This is Wipro's largest win to date."

Sep 2, 2018

Neemuchwala's turnaround strategy for Wipro stands on aggressive mergers and acquisitions

Bengaluru-based Wipro expects revenue from its key IT services business for the quarter ending September to be in the range of $2.01 billion to $2.05 billion.

Jul 23, 2018

Wipro sees strong demand for services from financial clients

Beating analysts' forecasts, net profit for the IT firm grew 2 percent mostly for its US businesses. India and the Middle East contribute around 10 percent, a number that the company is keen to change at the earliest.

Jul 21, 2018

Wipro's Rishad Premji gets a salary hike of 250% for FY18

It is interesting to note that the hike comes at a time when Wipro has sacked a large number employees in last fiscal year. The IT major has also been dealing with growth issues after the bankruptcy of two clients.

Jun 25, 2018

Wipro acquires US design consultancy firm Cooper for Rs 56 crore

This acquisition is in line with the company's strategy, as Cooper will be integrated with Wipro's digital arm -- Designit.

Oct 5, 2017

Wipro Q1 net profit dips 8 per cent quarterly to Rs 2,082 crore, flat yearly

IT services business profits decline 5.8 per cent year-on-year to Rs 2,190 crore, company announces share buyback.

Jul 20, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

Wipro threatened with 'biological' attack if it fails to pay Rs 500 crore ransom

The email threatens biological attacks on Wipro campuses if the IT services company fails to pay Rs 500 crore in bitcoins.

May 6, 2017

Wipro unveils new brand identity and logo

"The new brand identity marks our journey of transformation in the digital world," says Abidali Z. Neemuchwala, CEO and Executive Director, Wipro.

May 2, 2017

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