Wipro has allotted 8,31,042 equity shares under ADS Restricted Stock Unit Plan 2004 and 3,50,534 equity shares under the Restricted Stock Unit Plan 2007 on 16 December 2024, pursuant to exercise of ESOPsPowered by Capital Market - Live

Wipro (through its subsidiaries) has completed the acquisition of Applied Value Technologies, Inc. and Applied Value Technologies B.V. on 16 December 2024. The acquisition of Applied Value Technologies Pte is expected to be completed at the latest by 31 December 2024.Powered by Capital Market - Live

Wipro has allotted 25,38,258 equity shares under ADS Restricted Stock Unit Plan 2004 on 10 December 2024, pursuant to exercise of ESOPsPowered by Capital Market - Live

SIAM.AI, a member of the NVIDIA Cloud Partner program in Thailand. The companies will leverage NVIDIA accelerated computing and software to develop an AI-powered digital assistant for the Tourism Authority of Thailand. The AI-powered virtual assistant, 'Sukjai', powered by the NVIDIA AI Enterprise software platform, SIAM.AI and Wipro's Enterprise Generative AI (WeGA) Studio will provide domestic and international travelers with personalized, up-to-date, and timely information to deliver highly tailored experiences, while enabling the Tourism Authority to seamlessly service a growing number of tourists. Specifically, 'Sukjai' will provide 24/7 support and information on things such as transportation guidelines and schedules, destinations and lodging availability, recommended activities based on interest, and crowd flow information at top attractions, etc. It will offer customized recommendations based on individual preferences and include info on emergency services as well as safety and security alerts. Vinay Firake, CEO, Asia Pacific, Middle East and Africa (APMEA), Wipro, said, 'We are excited to collaborate with SIAM.AI and utilize NVIDIA's technology to transform the tourism experience in Thailand. This initiative highlights our deep expertise and investments in delivering highly customized AI solutions, designed to achieve the unique objectives of our clients. With the expected increase in sovereign AI initiatives across geographies, this collaboration with SIAM.AI and the Thai government marks an important milestone in bringing such services to a broader set of clients across markets.' Ratanaphon Wongnapachant, CEO, SIAM.AI Cloud, said, 'Our collaboration with Wipro exemplifies how we're bringing together global expertise and local knowledge to serve Thailand's digital future. Through this partnership, we're leveraging NVIDIA's advanced AI infrastructure while maintaining our commitment to data sovereignty and local value creation. This initiative demonstrates how Thailand can work with global leaders while maintaining control of our AI destiny and advancing our position as a key player in Southeast Asia's AI landscape. Ratanaphon Wongnapachant, CEO, SIAM.AI Cloud, said, 'Our collaboration with Wipro exemplifies how we're bringing together global expertise and local knowledge to serve Thailand's digital future. Through this partnership, we're leveraging NVIDIA's advanced AI infrastructure while maintaining our commitment to data sovereignty and local value creation. This initiative demonstrates how Thailand can work with global leaders while maintaining control of our AI destiny and advancing our position as a key player in Southeast Asia's AI landscape. Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The IT giant's consolidated net profit grew 6.85% to Rs 3,208.8 crore on 1.54% rise in revenue from operations to Rs 22,301.6 crore in Q2 FY25 over Q1 FY25. On year on year (YoY) basis, the IT firm's net profit grew 21.26% while revenue fell 0.95% in Q2 FY25. The scrip shed 0.68% to end at Rs 297.25 on the BSE on Friday, 6 December 2024.Powered by Capital Market - Live

Wipro announced a collaboration with SIAM.AI, a member of the NVIDIA Cloud Partner program in Thailand. The companies will leverage NVIDIA accelerated computing and software to develop an AI-powered digital assistant for the Tourism Authority of Thailand. This collaboration will utilize infrastructure, data and networks within the country, advancing Thailand's sovereign AI objectives. The AI-powered virtual assistant, 'Sukjai''powered by the NVIDIA AI Enterprise software platform, SIAM.AI and Wipro's Enterprise Generative AI (WeGA) Studio'will provide domestic and international travelers with personalized, up-to-date, and timely information to deliver highly tailored experiences, while enabling the Tourism Authority to seamlessly service a growing number of tourists. Specifically, 'Sukjai' will provide 24/7 support and information on things such as transportation guidelines and schedules, destinations and lodging availability, recommended activities based on interest, and crowd flow information at top attractions, etc. It will offer customized recommendations based on individual preferences and include info on emergency services as well as safety and security alerts.Powered by Capital Market - Live

Wipro has allotted 5,23,20,94,402 equity shares of Rs 2/- each as fully-paid up bonus equity shares, in the ratio of One equity share for every One equity share and One American Depositary Share (ADS) for every One ADS held, to eligible Members whose names appear in the register of Members/list of beneficial owners as on 03 December 2024, being the record date fixed for this purpose. Consequently, the paid-up equity share capital of the Company stands increased to 20,92,83,77,608 consisting of 10,46,41,88,804 equity shares of Rs 2/- each.Powered by Capital Market - Live

The headline equity benchmarks traded minor gains in early trade. The Nifty traded above the 24,450 mark. Barring the Pharma index, all the other sectoral indices on the NSE were traded in green. At 09:27 IST, the barometer index, the S&P BSE Sensex rose 126.71 points or 0.15% to 80,972.46. The Nifty 50 index added 39.55 points or 0.16% to 24,496.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.33% and the S&P BSE Small-Cap index rallied 0.36%. The market breadth was strong. On the BSE, 2,109 shares rose and 808 shares fell. A total of 103 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 3,664.67 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 250.99 crore in the Indian equity market on 3 December 2024, provisional data showed. Stocks in Spotlight: Wipro rose 0.31%. The company announced partnership with Netskope, a secure access service edge (SASE) leader, to provide cybersecurity optimization advisory services to global enterprises. Oil & Natural Gas Corporation (ONGC) added 0.97%. The company has invested Rs 10,000 crore in its subsidiary, ONGC Petro Additions (OpaL) via right issue. Aditya Birla Capital shed 0.33%. The company invested Rs 300 crore in its subsidiary, Aditya Birla Housing Finance (ABHF), on a right basis. Numbers to Track: The yield on India's 10-year benchmark federal paper was up 1.70% to 6.824 as compared with previous close 6.710. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 84.6775, compared with its close of 84.6825 during the previous trading session. MCX Gold futures for 5 February 2024 settlement was flat to Rs 75,966. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.07% to 106.49. The United States 10-year bond yield rose 0.12% to 4.228. In the commodities market, Brent crude for January 2024 settlement gained 06 cents or 0.08% to $73.68 a barrel. Global Markets: The Dow Jones index futures were up 107 points, signaling a positive opening for U.S. stocks today. Asian stocks were mixed on Wednesday following South Korean President Yoon Suk Yeol's surprising decision to impose martial law, a move that he reversed just hours later, unsettling global markets. The benchmark Kospi Index dropped as much as 2% in early Wednesday trading, reflecting the sharp decline in South Korea-related assets during overnight sessions. Yoon Suk Yeol's attempt to impose martial law on Wednesday was short-lived and met with significant resistance. Lawmakers defied security forces and voted against the declaration, while thousands of protesters took to the streets, expressing opposition to the unprecedented move. In the US, indices reached record highs on Tuesday, driven by gains in major technology stocks, though the pace of the rally appeared to be slowing due to growing uncertainty about the economic outlook. The S&P 500 edged up 0.1% to close at 6,049.88, while the NASDAQ Composite rose 0.4% to finish at 19,478.89. In contrast, the Dow Jones Industrial Average dipped 0.2% to 44,705.53. Technology stocks continued to benefit from optimism surrounding artificial intelligence, a sector expected to maintain robust momentum in the months ahead. Additionally, the prospect of lower interest rates provided further support for the tech-heavy market. Meanwhile, investors are eyeing this week's critical jobs data and Federal Reserve Chair Jerome Powell's upcoming remarks for potential signals on whether the Fed will consider cutting rates in December. Powered by Capital Market - Live

Wipro's CyberTransform Optimization Service, powered by Netskope, analyzes organizations' current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods resulting in improved business performance. Wipro's CyberTransform Optimization Service, powered by Netskope, leverages Wipro's proprietary Automated Regulatory Compliance (ArC), a content service that monitors industry-specific national and international regulatory amendments, and Netskope's Valueskope platform, a SaaS-based offering providing detailed financial analyses and tailored business cases. Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro, said, ''Many organizations today face the challenge of managing application sprawl with distributed technologies in their cybersecurity operations, through this partnership with Netskope, we will be able to deliver tailored SASE business cases and comprehensive financial analyses, enabling our clients to optimize their cybersecurity spend and achieve superior performance outcomes. This collaboration underscores our commitment to driving innovation and value for our enterprise clients.' David Klippel, VP of Business Value Services, Netskope, said, 'Wipro CyberTransform SM Optimization Service, powered by Netskope, provides clients with a comprehensive view of SASE economic and productivity benefits for different network and security transformation scenarios, enabling them to make faster and better decisions to reach desired business outcomes, Netskope is pleased to extend its partnership with Wipro to enhance their Advisory and consulting service in optimizing cybersecurity and infrastructure cost and performance against strategic business outcomes.' Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The IT giant's consolidated net profit grew 6.85% to Rs 3,208.8 crore on 1.54% rise in revenue from operations to Rs 22,301.6 crore in Q2 FY25 over Q1 FY25. On year on year (YoY) basis, the IT firm's net profit grew 21.26% while revenue fell 0.95% in Q2 FY25. The scrip shed 0.21% to end at Rs 291.70 on the BSE on Tuesday, 3 December 2024.Powered by Capital Market - Live

Wipro announced a partnership with Netskope, a Secure Access Service Edge (SASE) leader, to provide global enterprises with an integrated service that optimizes and improves cybersecurity outcomes for people, processes, and technology investments. Wipro's CyberTransformSM Optimization Service, powered by Netskope, analyzes organizations' current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods resulting in improved business performance. Wipro's CyberTransformSM Optimization Service, powered by Netskope, leverages Wipro's proprietary Automated Regulatory Compliance (ArC), a content service that monitors industry-specific national and international regulatory amendments, and Netskope's Valueskope platform, a SaaS-based offering providing detailed financial analyses and tailored business cases.Powered by Capital Market - Live

Wipro has today announced the extension of its work with Marelli, a global leader in automotive solutions, for an additional four years. As part of this engagement, Wipro FullStride Cloud will migrate Marelli's Milan Data Centre and all their local server rooms to the Cloud to centralize their operations and provide a more agile and stable ecosystem. This transition to a more flexible and advanced cloud environment will empower Marelli to respond quickly to market changes, enable continuous innovation across their business, and strengthen their competitive edge. Ultimately, the project will help reduce the time-to-market for Marelli's products and services, creating long-term value for all stakeholders, continuing to advance Marelli's journey towards modernization and growth. The project will also enhance employee support services with AI-powered virtual assistants, providing vulnerability management services, and offer comprehensive application maintenance services to drive innovation, optimize costs, and reduce the need for future reworks through solutions designed for long-term efficiency. Overall, the modernization project is expected to deliver significant operational savings.Powered by Capital Market - Live