Bangalore, India – April 18, 2022 : Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced the appointment of Satya Easwaran as the Country Head for India.
The adoption of the remote work model has been driving the company business expansion in the country; Wipro has hired +1000 employees throughout the Brazilian territory in the last 12 months and is increasingly aligned with the "work from anywhere" model.
Wipro 3rd IT company to hit Rs 3 lakh crore market cap
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Wipro 3rd IT company to hit Rs 3 lakh crore market cap
Avik Das & Partha Sinha / TNN / Updated: Jun 4, 2021, 08:42 IST
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BENGALURU/MUMBAI: Wipro touched a record Rs 3 lakh crore (or Rs 3 trillion) in market capitalisation, becoming only the third Indian IT company to do so after TCS and Infosys. The company’s shares have seen a strong rally over the past one year, suggesting investor confidence in its strategies under new CEO Thierry Delaporte.
Shares of the Azim Premji-owned company opened at Rs 546 on the BSE on Thursday, before touching an intra-day high of Rs 550, which took its market cap to a shade over Rs 3 lakh crore. The stock, however, pared the gains to close at Rs 539, down less than 1% from Wednesday’s close.
With commitment to invest GBP 16 mn over next 4 yearsWipro announced the setting up of an Innovation Centre in Holborn, London.
Wipro will invest 16million over the next four years in the 20,000 sq. ft. Innovation Centre which
will serve as Wipro s flagship centre in the United Kingdom and offer technology expertise to
companies in the UK and globally. It will be integral to providing advanced digital, cyber security
and cloud expertise to both established and upcoming enterprises, taking the lead on digital
transformation in one of Europe s biggest technology markets.
This year marks Wipro s 75th global anniversary, and 25 years in the UK, where it employs over
The chairman of Wipro Limited
Azim Premji and the founder chairman of Narayana Health Dr Devi Prasad Shetty are among those who have been selected for the annual awards given by the Press Club of Bangalore. Premji has been chosen for Press Club Person of the Year , while Dr Shetty and actor-Director Sudeep Sanjeev have been selected for the Press Club Special Award. Besides them 25 senior journalists have been selected for the Press Club Annual Awards , a release said. Chief Minister B S Yediyurappa will facilitate the awardees at a function scheduled for the third week of February, it said.