Download the app
App StorePlay Store
Beige
Login
← All tags

wipro

Wipro completes Mindsprint deal expanding AI farm to fork, supply chain and commodity trading capabilities worldwide

Wipro completes Mindsprint deal expanding AI farm to fork, supply chain and commodity trading capabilities worldwide

Wipro says it has completed its acquisition of Olam Group’s IT and digital services unit Mindsprint after receiving the required regulatory approvals. The deal, first announced on April 6, 2026, was part of Wipro’s eight-year transformation win from Olam, a Singapore-headquartered food and agri-business backed by Temasek. The combined push targets AI-powered, IP-led transformation across farming, forecasting, trading, supply-chain operations, and customer engagement, with Mindsprint’s domain expertise and product suite joining Wipro’s Intelligence platform.

Summarised by Beize from a story on IndianWeb2 on 15 May 2026
AI upheaval wipes billions as India’s IT leaders shed 45 percent value since late 2024

AI upheaval wipes billions as India’s IT leaders shed 45 percent value since late 2024

India’s top software exporters could lose $200 billion in market value from their peak levels as disruptive AI changes how clients deploy technology services. A basket of leading firms hit a record $413 billion aggregate market cap on December 13, 2024, but by May 14, 2026 it dropped to $227 billion, a 45% fall. So far in 2026, the group has shed about 30%, with TCS and Wipro down more than 50% from peaks.

Summarised by Beize from a story on The Economic Times on 15 May 2026

Your news, in seconds

App StorePlay Store
Wipro Consumer Care Ventures backs pan Asian brand Moi Soi to supercharge quick commerce growth

Wipro Consumer Care Ventures backs pan Asian brand Moi Soi to supercharge quick commerce growth

Wipro Consumer Care Ventures has invested in pan-Asian food brand Moi Soi from Ceres Foods, with the deal value undisclosed and GVFL also participating. The brand plans to expand distribution in modern trade and quick commerce, broaden flavours, and strengthen branding. Moi Soi sells across D2C, quick commerce and retail, operating in multiple countries and delivering to thousands of pin codes.

Summarised by Beize from a story on YourStory on 13 May 2026
Wipro buyback at Rs 250 could reshape your 2026 tax bill with one key change

Wipro buyback at Rs 250 could reshape your 2026 tax bill with one key change

Wipro plans a share buyback at Rs 250 per share, pricing above the current market level. The bigger surprise is the timing: from April 1, 2026, buyback proceeds will be treated as capital gains under new tax rules. That shift can make tendering shares more tax-efficient than selling in the open market for both promoters and non-promoters.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Wipro announces 15000 crore buyback at 250 rupees a share with hefty premium for retail investors

Wipro announces 15000 crore buyback at 250 rupees a share with hefty premium for retail investors

Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share, set at a premium of over 25% to the previous closing price. Brokerages say retail investors should participate, estimating potential net returns of 8-14% within 2-3 months, supported by traditionally high acceptance ratios in similar buyback offers.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Never miss a story

App StorePlay Store
Wipro Q4 profit dips 2 percent but revenue rises 8 percent and buyback signals confidence

Wipro Q4 profit dips 2 percent but revenue rises 8 percent and buyback signals confidence

Wipro reported a 2% YoY dip in March-quarter net profit to Rs 3,502 crore even as revenue climbed 8% to Rs 24,236 crore. The IT services business grew sluggishly, with revenue up just 0.6% sequentially. Amid cost pressure and declining operating margins, Wipro approved a Rs 15,000 crore share buyback, aiming to reassure investors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RIL among biggest movers as Q3 earnings drag stocks lower across India Monday

RIL among biggest movers as Q3 earnings drag stocks lower across India Monday

Indian equity markets ended lower on Monday as Reliance Industries, Wipro, and ICICI Bank weighed on benchmarks following Q3 earnings. Trading was turbulent in a set of eight stocks, with sharp swings tied to quarterly results, acquisitions, and guidance updates. Netweb Technologies and Hindustan Zinc rose, while banking and IT names pulled back.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Wipro Q4 profit slides 1.9% as revenue climbs 8% amid AI disruption and slow deal ramps

Wipro Q4 profit slides 1.9% as revenue climbs 8% amid AI disruption and slow deal ramps

Wipro reported Q4 net profit down 1.9% to Rs 3,502 crore while revenue rose 8%. Over fiscal 2026, annual revenue fell 1.6% in constant currency terms, mirroring TCS, as geopolitical uncertainties, AI-led disruptions, and slower deal ramp-ups continue to pressure growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play