Page 29 - Wipro News Today

Premji Invest owns non-banking finance company TVS Credit and if the Nanital Bank deal goes through, it will be the first banking play for the family office of the Wipro founder

Happy Friday! Azim Premjis family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in todays packed edition of ETtech Morning Dispatch.

Wipro has partnered with Bangalore Water Supply and Sewerage Board (BWSSB) to receive three lakh litres of treated water every day. The water board, leveraging indigenous technology developed in collaboration with the Indian Institute of Science (IISc), set up three sewage treatment plants capable of producing zero bacterial treated water. Wipro will get its supply from Agara sewage treatment plant. BWSSB chairman V Ram Prasath Manohar mentioned that the partnership will help save and redistribu...

COMPANY NEWS: Digital Trust leader spearheads initiative to educate and prepare organizations for quantum computing. DigiCert, a leading global provid...

Indian equity indices dropped with Nifty and Sensex decline, led by Reliance Industries and HDFC Bank. Bajaj Finance shares surged 6% after RBI lifted restrictions. Market focused on US jobs data and global cues.

​​Premji Invest, the family office of Wipro founder Azim Premji, is in advanced talks to acquire a majority stake in Nainital Bank, which is a subsidiary of the publicly owned Bank of Baroda, three people aware of the discussions said. The proposed investment is likely to value the Uttarakhand-based lender at around ₹800 crore, they added.

Mid-sized IT firms showed workforce growth in fiscal 2024, contrasting major Indian IT firms decline. Demand rose for tech services from domestic and global sectors. Automation may impact headcount. Mid-tier firms excel in engineering services with strong growth.

Wipro, a leading Indian IT company, has been under the spotlight for a string of high-profile exits. CEO Thierry Delaportes abrupt resignation before his terms end follows a trail of senior departures, including CFO Jatin Dalal and growth officer Stephanie Trautman. Can Wipros new captain, veteran Srinivas Pallia, navigate the choppy waters? This episode of The Morning Brief podcast dives deep into Wipros challenges. Was it a leadership crisis under Delaportes restructuring efforts? How will glo...

Stocks to watch: Shares of firms like Bajaj Finance, Coal India, Titan, Britannia, Coforge, Tata Tech, and others will be in focus on Friday's trade.

Tech Mahindra witnessed the highest number of brokerage analyst upgrades among Nifty 50 stocks in the past month, following the IT company’s strategic vision for a business turnaround over the next three years.