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.
Nutanix (NTNX) expands its partnership with Wipro to introduce a new business unit focused on NTNX's technologies.
General Motors, auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform to buy and sell automotive software. The joint venture, SDVerse, will link the buyers and sellers through a digital platform, where the software's features and attributes can be listed. Wipro, in a regulatory filing, disclosed an investment of $5.85 million, equating to a 27% stake in SDVerse.