Aug 30, 2017
Wipro's shareholders approve company's Rs 11,000 cr buyback proposal, shares marginally upShare buybacks improve earnings per share and return surplus cash to shareholders while also supporting share price during periods of sluggish market conditions.
Aug 02, 2017
Snapdeal merger: Early investor Kenneth Glass backs Kunal Bahl's decision to call off talks"Ten years ago, I believed in Kunal and Rohit's vision to create a successful company in India and was excited to be their very first investor," Glass wrote in an email.
Aug 01, 2017
Snapdeal-Flipkart deal talks called off: Snapdeal 2.0 is too long and painful a journey for staff, investorsThe collapse of deal talks is not in the best interest of any of the stakeholders involved
Jul 26, 2017
Flipkart's $950 mn offer: Snapdeal to seek view of Ratan Tata, PremjiInvest, other investorsSnapdeal Board is now expected to meet next week
Jul 20, 2017
Wipro continues to see volatile economic environment ahead, says Azim PremjiDigital is the central element driving changes in the expectations and experiences of consumers and business models, Premji said
Jul 18, 2017
PremjiInvest buys 3.26% stake in Future Lifestyle for Rs 196 croreThe shares were acquired at an average price of Rs 316 apiece
Jul 07, 2017
Wipro may quit West Bengal as Mamata Banerjee refuses SEZ status to its second centreMamata Banerjee said SEZs were approaching the sunset clause, so some other means could be thought of.
Jun 23, 2017
Credit Suisse reaching out to minority Snapdeal stakeholders to build consensus for sale to FlipkartSnapdeal's largest investor, SoftBank has been proactively mediating the sale for the past few months.
Jun 23, 2017
Azim Premji's investment arm objects to special payouts to Snapdeal founders, 2 shareholdersWipro's family office has objected to special payments to two of its co-founders Kunal Bahl and Rohit Bansal and two early investors
Jun 13, 2017
After Wipro shares fall 49% in US, co clarifies date for ADR bonus issue not decidedWipro's US-listed shares have been down nearly 6 percent over the past four sessions, following media reports of a sale of a part or whole company. However, the company denied the news reports last week.
Jun 06, 2017
Wipro Chief Azim Premji denies media report on sale of stakePremji said he continued to be "incredibly excited" about the potential of the IT industry and Wipro
Jun 05, 2017
Wipro Chairman Azim Premji's salary drops 63% to $1,21,853 in FY17, CEO Neemuchwala's up 16% to $2.09 mnThe high compensation for leaders in the tech sector also come under spotlight after Infosys founder N R Narayana Murthy had questioned pay hikes for senior executives at the Bengaluru-based firm.
Jun 03, 2017
Ritabrata Bannerjee suspended for 'lavish lifestyle': CPM showing duplicity by not acting against Yechury's cigarettesBy suspending Ritabrata Bannerjee, CPM displayed churlishness at its worst. When an individual's lifestyle and scientific temper are talking points in a party, they must become part of the media discourse as well
May 29, 2017
Wipro's new logo: Connecting the dots is the intention, but brand experts are divided whether it doesThe new logo marks a shift from the earlier rainbow colored flower logo
May 08, 2017
Baahubali 2: What the response to SS Rajamouli's film tells us about outrage in the time of social mediaThe response to Baahubali 2 helps us see that a film’s release is a media event which provides opportunities for apparently unrelated stakeholders to publicise their concerns (or commercial interests, as the case may be)
May 03, 2017
Wipro unveils a new brand identity to win over clientsThe new identity marks Wipro's emergence as a trusted digital transformation partner to clients.
Apr 21, 2017
Wipro sacks 600 people: More job cuts may follow as IT sector steps up automationThe traditional BPO operations model is being phased out and the $155-billion IT industry in the country is trying to reinvent itself to adjust to the advent of automation, artificial intelligence (AI) and machine learning.
Apr 21, 2017
Wipro sacks 600 employees after performance appraisal; layoffs could go up to 2000The development comes at a time when Indian IT companies are facing an uncertain environment given the curbs being proposed on worker visa norms by various countries like the US, Singapore, Australia and New Zealand.
Apr 07, 2017
Forbes India rich list: Mukesh Ambani is the richest billionaire in 2017 with $23.2 bn networthIndia is home to 101 billionaires, the first time it has has more than 100 super rich individuals, according to the Forbes global billionaires list for 2017.
Apr 06, 2017
Nasscom appoints Raman Roy as chairman, Rishad Premji as vice-chairmanThe new office-bearers are taking charge at a time when the over $140 billion IT sector is facing headwinds like growing protectionism and business shifts towards digital
Mar 21, 2017
Forbes rich list: DMart owner, Paytm's Sharma among 101 Indian billionaires featuredBuoyed by the recent IPO of his hypermarket chain DMart, Radhakishan Damani debuted on the list at 896th rank with $2.3 billion net worth
Mar 21, 2017
Forbes rich list: India home to 101 billionaires, Mukesh Ambani wealthiestThe Forbes list of the 'World's Billionaires' 2017 consists of 2,043 of the richest people in the world who have a combined net worth of US $7.67 trillion, a record 18-percent increase over the past year.
Mar 10, 2017
Azim Premji, Wipro chairman meets IT minister Ravi Shankar Prasad over concerns about H-1B visa normsWipro Chairman Azim Premji today met IT Minister Ravi Shankar Prasad amid growing concerns over proposed changes in the H-1B visa norms in the US.
Mar 08, 2017
Demonetisation sees billionaire club shrinking by 11; valuation woes hit Flipkart's BansalsAccording to the Hurun Global Rich List India report, since demonetisation on 8 November, India lost 11 billionaires.
Feb 21, 2017
Adi Godrej gets Golden Peacock Lifetime achievement award for ethical leadershipGolden Peacock Awards were established more than two decades ago (1991) by the Institute Of Directors (IOD) to acknowledge the achievements of the best
Feb 14, 2017
Infosys row: Murthy's questions are needed to build an equitable corporate IndiaFor now, at least, the Infosys board and CEO Vishal Sikka agree with the founder and have aligned completely with the sharply and deeply articulated values by Murthy
Jan 25, 2017
Wipro announces that Vice-Chairman and Board Member T.K Kurien will retire earlySoftware major Wipro on Tuesday announced that Vice-Chairman and Board Member T.K. Kurien would retire on January 31 instead of March 31 after a distinguished career with the company.
Jan 16, 2017
Megastar Chiranjeevi is back with Khaidi No 150; has he ended his political career for good?Treating films as a form of propaganda may or may not help Chiranjeevi’s political career, which to be honest, can’t be in a worse shape than it is now. However, his film career can be seriously damaged by drawing parallels between filmic narratives and the acts of commission and omission of the star-politician.
Jan 03, 2017
Wipro and Infosys leaders warn employees about disruptions that can impact the IT industryWipro Chairman Azim Premji and Infosys CEO Vishal Sikka have sent out letters to their respective employees cautioning them about serious dangers facing the world and the IT industry.