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Wipro GE Healthcare has revealed plans to inject over Rs 8,000 crore into India over the next five years, aiming to ramp up local manufacturing and research and development (R&D) initiatives.

Wipro GE healthcare announces Rs 8,000 crore investment over 5 years in medical device manufacturing and local R&D

March 26, 2024, 12:08 PM - 2 min read

Azim Premji, Chairman of Wipro GE Healthcare, highlighted India's booming healthcare industry and expanding MedTech sector, noting the significant role of initiatives like 'Make in India' in promoting the country's manufacturing prowess. He emphasized the company's steadfast commitment to localizing operations, which spans over three decades.

Wipro founder Azim Premji has transferred 1.02 crore equity shares of Wipro held by him to his two sons as 'gift'

Premji transfers generational wealth, gifts sons 1 Crore equity shares of Wipro valued at over Rs 480 crore

January 25, 2024, 12:18 PM - 2 min read

The Wipro scrip is currently valued at Rs 472.9 per share, and at roughly this value, the transferred shares will amount to a whopping Rs 483 crore. Tech magnate Azim Premji's son Rishad Premji currently helms Wipro as its Executive Chairman, and is a prominent face of the IT industry.

Wipro's Q3 earnings propel shares 14%, market cap surges by Rs 18,168 Cr

Impressive Q3 performance drives Wipro shares up 14%, adds Rs 18,168 Cr to market cap

January 15, 2024, 11:59 AM - 2 min read

Wipro's consolidated revenue from operations fell 4.4 per cent to Rs 22,205.1 crore during the December quarter, as against Rs 23,229 crore a year ago.