Wipro Latest News

  1. Wipro’s infrastructure engineering division has tied up with European aerospace giant EADS’ subsidiary to manufacture engineered components for the aerospace and defence (A&D) sector.
  2. The Wipro-CESA combine will be able to jointly explore new and emerging opportunities in the Asia Pacific and other emerging markets
  3. The order comprises commissioning, implementation and integration of the solution with the bank’s existing WAN network
  4. Wipro’s infrastructure engineering division has acquired a majority stake in Brazil-based hydraulic cylinders manufacturer RKM Equipamentos Hidraulicos.
  5. Wipro is evaluating options to sell off its water business and sharpen focus on existing revenue streams. Wipro entered the water business in 2008 through the acquisition of water treatment firm Aquatech
  6. Wipro Technologies is acquiring the global oil and gas information technology practice of the commercial business services business unit of SAIC (Science Applications International Corporation) for $150 million in an all-cash deal.
  7. Wipro announced sweeping changes across its IT business that will now be driven by six new business units aimed at quicker decision making and accountability.
  8. IT giant Wipro is strengthening its presence in China as more companies set up their manufacturing base there. The company plans to triple the workforce in China to provide software services to more companies there.
  9. Wipro has bagged a three-year contract from Vodafone Essar to support the cellular service provider with its fixed line telecom services for enterprise business customers.
  10. Two leading Indian IT outsourcing companies said customers were still spending on technology but the mood remained cautious and short-term as firms wait to see how the global recovery plays out.
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