Wipro LimitedNYSE: WIT

Wipro (WIT) secures a contract from its long-term partner, Hanesbrands, to improve the latter's profitability and business growth through the acceleration of digital transformation.

India's No.4 IT services firm Wipro paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025.

Wipro, an Indian company, announced on Friday that its chief operating officer Amit Choudhary will be resigning. Sanjeev Jain, who currently serves as the global head of business operations, will be taking over the position immediately.

Eightfold AI, the top provider of AI-driven talent insights, revealed today a partnership with Wipro Limited, a prominent technology services and consulting firm, to enhance talent management and advance skills enhancement.

Wipro, the fourth-largest software company in India, reported higher-than-anticipated revenue for the fourth quarter on Friday, driven by improved profit margins and a rebound in its consulting division.

Wipro Limited (NYSE:WIT) will be holding its Q4 2024 Earnings Conference Call on April 19, 2024 at 9:30 AM ET. Present on the call will be Dipak Bohra, Srinivas Pallia, Aparna Iyer, and Saurabh Govil. Various analysts from firms such as Wedbush Securities, JM Financial, Macquarie, and others will also be participating. The call will begin with a presentation followed by a Q&A session.

Wipro Limited (WIT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Wipro is feeling a "bit more" optimistic about its next financial year as clients spend more on artificial intelligence (AI) to reduce operating costs, the head of the Indian IT firm's Americas 2 business told Reuters on Wednesday.

Shares of Wipro Ltd. rocketed Friday, after the India-based information-technology consultant beat fiscal third-quarter profit expectations, to snap a streak of earning misses amid a jump in large deals, fueling hopes that a bottom in the IT business has been hit.