$WIPRO Latest News & Updates

$WIPRO Wipro – Latest News & Updates Wipro has increased its stake in Aggne Global IT Services from 60% to 80%, strengthening its insurance technology and digital transformation capabilities. The company has launched an Applied AI Center of Excellence in Bengaluru focused on AI solutions built around Anthropic's Claude models and plans to train approximately 10,000 employees in AI technologies. Wipro recently completed a large share buyback program worth around ₹15,000 crore, reflecting its commitment to returning capital to shareholders. The stock has witnessed some pressure recently following cautious guidance and weaker demand outlook comments from global IT peers, which affected sentiment across the IT sector. Management continues to focus on improving margins through operational efficiency, automation, AI-led services, and cost optimization initiatives. The company remains actively engaged in securing deals across cloud migration, cybersecurity, data analytics, and digital engineering segments. Analysts are closely watching upcoming quarterly results for signs of improvement in deal conversion, revenue growth, and discretionary technology spending by global clients. Key growth drivers for Wipro currently include AI services, cloud transformation projects, consulting, and large enterprise digital modernization programs.