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In 2011, Wipro, in collaboration with the Indian Space Research Organisation (ISRO), developed India's then-fastest supercomputer, SAGA-220, which was deployed at the Vikram Sarabhai Space Centre. [20] [21] In 2012, Wipro demerged its non-IT businesses into a new private company named Wipro Enterprises. [22]
In September 2019, Wipro Consumer Care and Lighting launched Wipro Consumer Care Ventures, a venture fund to invest in startups in India and Southeast Asia. [28] The company has invested in 7 companies in India including a few D2C brands. [29] In March 2022, Consumer Care Ventures invested in a Singapore-based VC fund. [30]
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer.
Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare, said it would invest 80 billion rupees ($960 million) in the country in its ...
The NIFTY Next 50 is a stock market index provided and maintained by NSE Indices.It represents the next rung of liquid securities after the NIFTY 50.It consists of 50 companies representing approximately 10% of the traded value of all stocks on the National Stock Exchange of India.
Abidali Zainuddin Neemuchwala Born 8 December 1967 (1967-12-08) (age 57) Bombay, India Alma mater Indian Institute of Technology Bombay National Institute of Technology, Raipur Occupation(s) Former CEO and Managing Director, Wipro Predecessor T K Kurien Successor Thierry Delaporte Spouse Hasina Neemuchwala Children 3 Abidali Zainuddin Neemuchwala (born 8 December 1967) is an Indian business ...
In 1999, Paul was asked to become vice chairman of Wipro and CEO of its outsourcing unit. Wipro was a $150-million company when Vivek Paul took over, and it had all the tendencies of a small, traditional company. Paul has been credited with creating a global business and for much of Wipro's growth into a multibillion-dollar company. [10]
The editorial management of Firstpost is merged with that of the Forbes India magazine. [6] The business news website Moneycontrol.com is also owned by Network18. [116] The YouTube channel, CRUX News, is a Network18 product. [117]