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Wipro Limited

5 articles
Wipro is streamlining its operations and strategically expanding through a series of recent actions. The company finalized the merger of Wipro VLSI Design Services into Wipro IT Services, aiming to consolidate its subsidiary structure, and completed the acquisition of select customer contracts from Alpha Net Consulting LLC, furthering its service offerings. Additionally, Wipro granted restricted stock units to subsidiary employees and allotted equity shares via employee stock option schemes, reflecting ongoing compensation and retention efforts. Investors will be closely watching Wipro’s Q2 FY26 earnings call scheduled for October 15th for insights into the impact of these changes and the company’s overall performance amidst evolving market dynamics.