Markets
BSE See NSE See 52,890.10
301.39 (0.57%)

Wipro climbs nearly 2 per cent on launching innovation centre in London

Shreya Chaware
/ Categories: Mindshare
Rate this article:
5.0
Wipro climbs nearly 2 per cent on launching innovation centre in London

Wipro Limited, a leading global information technology, consulting & business process services company announced on Tuesday that the company is in the process of setting up an innovation centre in Holborn (London). 

Wipro plans to invest £16 million in the 20,000 sq. ft innovation centre to be set up in London. The centre will represent Wipro’s flagship centre in the United Kingdom and also offer technical expertise to companies in the UK & globally. This investment will be made over a period of the next four years. Wipro will provide advanced digital, cybersecurity and cloud expertise to established as well as upcoming enterprises, driving the digital transformation in one of Europe’s biggest technology markets. 

Previously, Wipro has grounded a powerful presence in the United Kingdom, establishing ten offices across the region, which includes a cloud studio in London and a cyber defence centre in Reading (Southern England). Following the recent announcement of Wipro’s acquisition of UK-based Capco for $1.45 billion, this opening of innovation centre will be a further critical step toward catering the needs of businesses with top-notch consultancy on digital, business and IT transformation. Wipro will be posed as one of the largest end-to-end global consulting, technology and transformation service providers to the banking & financial services industry as this acquisition will be introducing new 1,300 employees on the roll in the UK. 

Headquartered in Bengaluru (Karnataka), Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services.   

On Wednesday, the share of Wipro was trading at Rs 489.90, which is 1.67 per cent higher on BSE. 

Previous Article HCL Tech gears up to build independent IT organisation for ABB Power
Next Article Hindustan Aeronautics & Rolls-Royce unite for supporting MT30 marine engine business
Please login or register to post comments.

Get A Call From Industry Experts

Send Otp

   I authorize DSIJ Pvt Ltd to contact me. This will override registry on the NDNC.

DSIJ MINDSHARE

NASDAQ hits all time high; S&P 500 near life highs while Bitcoin turn positive after massive price drop!

In midst of the chaos that is taking place in the crypto currency world NASDAQ just managed to hit an all-time high for itself. The S&P 500 is precariously poised to make its record highs as is trades just half a percent below its life highs.

Yogesh Supekar / Article rating: 5.0
NASDAQ Composite is a tech-heavy index and has been a world beating index in 2020. In 2021 so far NASDAQ has underperformed S&P 500 and even...
1345Last

Knowledge

1345Last