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The net proceeds of Wipros overseas bond sale will be utilised for refinancing existing debt, general corporate purposes or any other purpose allowed under the law. ....
With a strong revenue forecast for the first quarter of 2021-22, the stage is set for faster growth as Wipro chases large cloud transformation deals from global clients, CEO Thierry Delaporte says. ....
The Wipro-Capco deal is the boldest bet by Wipro Chairman Rishad Premji and CEO Thierry Delaporte as the duo look to shed the company s image of a relative straggler in the Indian pure-play IT pack. ....
Earlier this month, Wipro said that it has signed a pact to buy Capco for $1.45 bn in cash, giving the much-needed firepower to bolster its position in the banking, financial services & insurance (BFSI) space. ....
Wipro employees at the company headquarters in Bengaluru on July 17, 2019. Synopsis Wipro has spent the last few years strengthening its banking-and-financial-services business. But the performance in the BFSI space has been patchy for most IT firms. With the pandemic expediting digital transformation across sectors, Wipro wants to assume a greater role and grab a bigger share of the pie. Can Capco help it achieve that? It’s the same story that plays out these days when it comes to digital-transformation programmes of businesses across the world. Broadly, the theme goes like this: The plot: A global company draws up its strategy road map for the adoption of digital technology to transform its business, and scouts for partners that can help it achieve the goal. The cast: The company (client) and its potential solution providers (a technology firm, an ....