- Reuters
India's Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
India's Wipro edged past low revenue expectations in the fourth quarter on Friday, helped by a pick up in its consulting business, and its new CEO said kickstarting growth in the country's No.4 software-services exporter was a top priority. "The numbers are largely in line with expectations as it was already low," said Centrum Broking analyst Piyush Pandey. Less than two weeks back, Wipro appointed company veteran Srinivas Pallia as its chief executive following the abrupt departure of Thierry Delaporte, whose term was filled with a string of top-level exits and a dearth of big deal wins.
- Reuters
Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India
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 manufacturing and research and development facilities. Bengaluru-based medical technology company Wipro GE Healthcare said on Tuesday the investment would be done over the next five years to boost local manufacturing as it focuses on growing its footprint in the country in line with the government's "Make in India" initiative.
- Zacks
Nutanix (NTNX) and Wipro to Introduce New Business Unit
Nutanix (NTNX) expands its partnership with Wipro to introduce a new business unit focused on NTNX's technologies.
