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WIPRO BECAME THIRD MOST-VALUED INDIAN IT FIRM

WIPRO BECAME THIRD MOST-VALUED INDIAN IT FIRM

Context

Wipro became the 3rd largest Indian IT services company.

Details

  • Wirpo overtook HCL Technologies to become the third-largest Indian IT services company by market capitalization.
  • TCS remains at the top of the list of IT companies with a market capitalization of Rs11.51 trillion, to be followed by Infosys with a market capitalization of Rs5.73 trillion.
  • Wipro ranks 12th in terms of overall market capitalization.

About Wipro

  • It is an Indian multinational corporation.
  • It provides information technology, consulting and business process services.
  • It was incorporated on 29 December 1945 in Amalner, Maharashtra by Mohamed Premji as "Western India Palm Refined Oil Limited".
  • Azim Premji took over Wipro as its chairman at the age of 21.
  • Headquarter : Bangalore, Karnataka.
  • Chairman of Wipro Limited: Rishad Premji.
  • Wipro Headquarters: Bengaluru;
  • Wipro MD and CEO: Thierry Delaporte

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