MUMBAI:507685

Wipro Infrastructure Engineering’s Hydraulics Business enters into a definitive agreement to acquire Mailhot Industries

Retrieved on: 
Thursday, May 9, 2024
Mining, Minerals, Forest Products, Agriculture, Natural Resources, Other Manufacturing, Utilities, Engineering, Oil, Gas, Chemicals, Plastics, Aerospace, Energy, Manufacturing, Science, Other Science, Other Defense, Defense, Other Technology, Other Construction & Property, Residential Building & Real Estate, Software, Commercial Building & Real Estate, Urban Planning, Internet, Construction & Property, REIT, Landscape, Data Management, Technology, Finance, Consulting, Building Systems, Professional Services, WIN, Wipro Enterprises, Wipro, Snow, Hydraulics, Original equipment manufacturer, Acquisition, Multimedia, Growth, Partnership

Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals.

Key Points: 
  • Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals.
  • View the full release here: https://www.businesswire.com/news/home/20240508985521/en/
    Mailhot Industries Facility in Quebec, Canada (Photo: Business Wire)
    Established in 1956, Mailhot Industries has become a North American leader in hydraulic cylinder manufacturing.
  • Mailhot Industries specializes in the refuse trucks and snow removal equipment market and is known for the reliability of their products in demanding work environments.
  • The acquisition also includes JARP Industries, a part of Mailhot Industries and a leader in custom hydraulic and remanufactured cylinders for segments including utilities, mining, defense, and oil & gas.

Wipro to Implement Independent Health’s Medicare Prescription Payment Plan Platform

Retrieved on: 
Thursday, May 2, 2024
Technology, Consulting, Professional Services, Health Insurance, Software, Networks, Practice Management, Pharmaceutical, Health, Data Management, CMS, Medicare Part D, Medicare, Wipro, Limited, Health insurance

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced they have been selected by Independent Health, Western New York’s only 5-Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare Prescription Payment Plan (MPPP360) platform for the upcoming open enrollment period.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced they have been selected by Independent Health, Western New York’s only 5-Star Rated Medicare Advantage Plan, to implement Wipro’s Medicare Prescription Payment Plan (MPPP360) platform for the upcoming open enrollment period.
  • Starting in 2025, the Medicare Prescription Payment Plan will allow enrollees to make capped monthly payments for out-of-pocket prescription drugs, amongst other changes.
  • Wipro’s MPPP360 platform will assist Independent Health in streamlining the payment process to seamlessly integrate these new provisions, simplifying prescription cost management for Medicare recipients in Western New York.
  • Narayan Iyer, Vice President, Healthcare, Wipro Limited, said “We are excited to introduce our Medicare Prescription Payment Plan360 platform, better known as MPPP360, to Western New York.

Wipro Announces Results for the Quarter and Year ended March 31, 2024

Retrieved on: 
Friday, April 19, 2024
Data Management, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Growth, HFS, International Financial Reporting Standards, CAD, Artificial intelligence, Rupee, Enterprise, Limited, Corporation, Yoy, STAR, Quarter, IDC, Generative, Indian rupee, Net income, Ecosystem, International, Hospital, Publication, Research, Automation, Public, EPS, Medicare, Data management, DOP, Salesforce, MAGIC, Doc, Software as a service, MuleSoft, Cryptocurrency

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2024.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter and year ended March 31, 2024.
  • Results for the Quarter ended March 31, 2024:
    Gross revenue reached Rs 222.1 billion ($2.7 billion1), flat QoQ.
  • Results for the Year ended March 31, 2024:
    Gross revenue reached Rs 897.6 billion ($10.8 billion1), a decrease of 0.8% YoY.
  • The YoY growth rates for the quarter ended March 31, 2024 were computed by rebase lining Q4’23 numbers.

Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit

Retrieved on: 
Wednesday, April 10, 2024
Software, Mobile, Wireless, Networks, Professional Services, Internet, Electronic Design Automation, Data Management, Technology, Other Professional Services, Human Resources, Other Technology, Consulting, Telecommunications, Stanford University, Hospitality, CX, Data engineering, Information technology, Harvard Business School, Wipro, Senior, Communication, Travel, Engineering, Limited, Management

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced today the appointment of Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced today the appointment of Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately.
  • Malay succeeds Srini Pallia, who was appointed as Chief Executive Officer and Managing Director of Wipro Limited on April 6 .
  • “Malay has been leading one of the largest business units at Wipro and has delivered the highest CAGR over a decade across multiple global businesses,” said Srini Pallia, Chief Executive Officer and Managing Director, Wipro Limited.
  • “I am honored to assume the role of CEO Americas 1, a market that is brimming with opportunity and potential,” said Malay Joshi, Chief Executive Officer, Americas 1 Strategic Market Unit, Wipro Limited.

Wipro Appoints Srini Pallia as CEO & Managing Director

Retrieved on: 
Saturday, April 6, 2024
Software, Internet, Professional Services, Electronic Design Automation, Data Management, Technology, Other Professional Services, Engineering, Human Resources, Other Technology, Consulting, Manufacturing, McGill Executive Institute, Wipro, Growth, Indian Institute of Science, Harvard Business School, Workplace, Limited, Management

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced the appointment of Srini Pallia as the Chief Executive Officer and Managing Director of the Company, effective immediately.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced the appointment of Srini Pallia as the Chief Executive Officer and Managing Director of the Company, effective immediately.
  • Srini has been with Wipro for over three decades and most recently served as the CEO for Americas 1, Wipro's biggest and fastest growing strategic market.
  • Srini is a member of the Wipro Executive Board.
  • “Srini is an ideal leader to lead Wipro at this pivotal moment for our company and industry.

Wipro Limited to Announce Results for the Fourth Quarter and Year Ended March 31, 2024, on April 19, 2024

Retrieved on: 
Friday, April 5, 2024
Professional Services, Data Management, Technology, Software, Networks, Consulting, Internet, Diamond, Wipro, Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading technology services and consulting company, will announce results for the fourth quarter and year ended March 31, 2024, on Friday, April 19, 2024, after stock market trading hours in India.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading technology services and consulting company, will announce results for the fourth quarter and year ended March 31, 2024, on Friday, April 19, 2024, after stock market trading hours in India.
  • The results will be available in the Investors section of the company’s website at www.wipro.com/investors/
    At 7:00 PM IST* (9:30 AM US Eastern time) following the results announcement, the senior management will discuss the company’s performance for the quarter and answer questions sent by 6:30 PM IST* (9:00 AM US Eastern time) to: [email protected] or [email protected]
    Diamond Pass™ is a Premium Service that enables you to connect to your conference call without having to wait for an operator.
  • If you have a Diamond Pass™ click the above link to associate your pin and receive the access details for this conference, if you do not have a Diamond Pass™ please register through the link and you will receive your Diamond Pass™ for this conference.

Wipro Appoints Anne-Marie Rowland as CEO of Capco

Retrieved on: 
Wednesday, March 20, 2024
Consulting, Data Management, Technology, Professional Services, Other Technology, Software, Other Professional Services, Internet, Human Resources, Finance, Electronic Design Automation, Growth, Transformation, Creativity, Partner, Annie, Management

Rowland is currently Managing Partner of Capco’s business in the United Kingdom and Ireland and a member of Capco’s Global Leadership Team.

Key Points: 
  • Rowland is currently Managing Partner of Capco’s business in the United Kingdom and Ireland and a member of Capco’s Global Leadership Team.
  • Under his guidance, Capco has differentiated itself as an industry-leading full-service transformation consultancy, and become a key growth pillar for Wipro,” said Delaporte.
  • “I am delighted about the opportunity to lead Capco into the next phase of its journey,” said Annie Rowland, Capco’s incoming Chief Executive Officer.
  • Together, Capco and Wipro are a winning combination that delivers the deep expertise, focus and scale required to ensure our clients’ future success.

Wipro Enters into Agreement with Desjardins to Modernize Consumer Banking Services Using its NetOxygen Platform

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Technology, Finance, Consulting, Networks, Banking, WGS, Automation, Wipro, Desjardins Group, Partnership, Desjardins, Personal Services, Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has been selected by Desjardins to transform their credit solutions for members and clients.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has been selected by Desjardins to transform their credit solutions for members and clients.
  • This transformation program will provide Desjardins members and clients with a convenient digital lending experience that is accessible anytime, anywhere, and on any device.
  • It will also eliminate operational tasks through automation, enabling Desjardins employees to focus on advisory services and the handling of more complex transactions.
  • The NetOxygen solution is perfectly aligned with Desjardins' vision, Wipro is the natural choice of our strategic partnership in this major transformation journey."

Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit

Retrieved on: 
Monday, March 11, 2024
Software, Networks, Internet, Consulting, Artificial Intelligence, Data Management, Professional Services, Technology, Cloud, Wipro, Partnership, Capco, Carbon footprint, AI, Senior, Investment, Ecosystem, Limited, Engineering

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, and Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the launch of a new Nutanix-focused business unit.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, and Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the launch of a new Nutanix-focused business unit.
  • Together, they will help mutual clients accelerate their digital and hybrid multicloud journeys and maximize the value of their Nutanix Cloud investments.
  • The new business unit will combine the industry expertise of Wipro FullStride Cloud with Nutanix Cloud Platform to enhance joint solution engineering and expand go-to-market strategies.
  • We are partnering with Wipro to leverage our combined strengths and help large enterprises implement digital transformation strategies.

Wipro Completes Major Cloud Transformation for ManpowerGroup

Retrieved on: 
Wednesday, February 28, 2024
Software, Networks, Internet, Consulting, Data Management, Professional Services, Technology, Security, Cloud, Agility, Wipro, Virtual, Limited, Growth, Network, ManpowerGroup, Workforce, Microsoft, Partnership

Wipro FullStride Cloud facilitated the transformation to help simplify ManpowerGroup's business operations by moving this data centre to a shared services product platform.

Key Points: 
  • Wipro FullStride Cloud facilitated the transformation to help simplify ManpowerGroup's business operations by moving this data centre to a shared services product platform.
  • The project entailed migrating more than 150 mission critical IT applications across 15 countries in Europe onto the Azure platform.
  • By standardizing on the Azure platform, ManpowerGroup will gain an enterprise-grade foundation to drive innovation, scalability, and sustainability.
  • Now, ManpowerGroup has the power to unlock innovation opportunities and adapt to changing market needs faster than ever before.”