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Wipro: Saniya Anklesaria

The document discusses Wipro, an Indian IT services company. It provides a brief history of Wipro, originally founded in 1945 as a manufacturer of vegetable and refined oils. In the 1970s, it shifted focus to the growing IT industry in India. It diversified over the decades and is now a global provider of digital, consulting and IT services. In 2013, Wipro demerged its non-IT businesses into separate companies to focus solely on IT. The summary provides essential details about Wipro's origins, growth and current operations in 3 sentences.

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0% found this document useful (0 votes)
75 views9 pages

Wipro: Saniya Anklesaria

The document discusses Wipro, an Indian IT services company. It provides a brief history of Wipro, originally founded in 1945 as a manufacturer of vegetable and refined oils. In the 1970s, it shifted focus to the growing IT industry in India. It diversified over the decades and is now a global provider of digital, consulting and IT services. In 2013, Wipro demerged its non-IT businesses into separate companies to focus solely on IT. The summary provides essential details about Wipro's origins, growth and current operations in 3 sentences.

Uploaded by

Kishan Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Wipro
Wipro Limited (Western India Palm Refined Oils Limited or more recently, Western India Products
Limited) is an Indian Information Technology Services
42 KB (2,723 words) - 20:37, 2 November 2016

Saniya Anklesaria
Life Insurance TV Commercial". Youtube.com. Retrieved 27 October 2014. "WiproSpace Project 45
sec". www.youtube.com. Orchard Advertising. Retrieved 29
10 KB (602 words) - 03:37, 10 August 2016

Hewlett-Packard
Model HP200A. Their innovation was the use of a small incandescent light bulb(known as a "pilot
light") as a temperature dependent resistor in a critical
98 KB (10,686 words) - 15:52, 5 November 2016

Wipro Lighting launches new range


Our Bureau
HYDERABAD, April 14
WIPRO Consumer Care and Lighting Group has announced the launch of a range of
Compact Fluorescent Lamps (CFLs) under the brand name Wipro Smartlite, thereby
entering the lucrative market for CFLs.
Its range of retrofit CFLs with integral electronic ballast comes in 11 watts, 15 watts and
20 watts at a price of Rs 225, Rs 250 and Rs 295 respectively.
The CFL market in India is estimated around 18 million with a penetration of two per
cent. It is amongst the fastest growing segment in India among different light sources-bulbs, tubelights etc.
Based on this growth rate, the market is estimated to reach 50 million in the next five
years with a penetration of six per cent. This would than will be in line with the CFL
penetration in countries like Europe (8 per cent), US (6 per cent) and China ( 8 per
cent).

Wipro Lighting, part of Wipro Consumer Care and Lighting group - a business unit of
Wipro Ltd, has presence in branded retail market of toilet soaps, haircare soaps,
hydrogenated cooking oil (vanaspati), baby care products and lighting products.
Wipro Smartlite CFL fluorescent light has several benefits over the traditional electrical
bulbs and tubelights. They can be plugged into existing bulb holders preempting the use
of additional fittings.
Compared to a regular bulb, CFLs consume only about 20 per cent of energy for the
same amount of light output. They have flicker free instant start even in low voltages,
according to a company communique.

From Wikipedia, the free encyclopedia

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Wipro Ltd.

"Applying Thought"
Type

Public

Traded as

BSE: 507685
NSE: WIPRO
NYSE: WIT

BSE SENSEX Constituent


CNX Nifty Constituent

Industry

IT services, IT consulting

Founded

29 December 1945
(Mumbai, Maharashtra)

Founder

Mohamed Hasham Premji[1]

Headquarters

Bangalore, Karnataka, India

Area served

Worldwide

Key people

Azim Premji (Chairman)


Abidali Neemuchwala (CEO)

Services

Digital Strategy, Business


Consulting and IT Services

Revenue

Operating income

Profit

Total assets

Total equity

US$7.735 billion (2016)[2]

US$1.463 billion (2016)[2]

US$1.348 billion (2016)[2]

US$10.94 billion (2016)[2]

US$7.070 billion (2016)[2]

Owner

Azim Premji (73%)

Number of

173,863 (June 2016)[2]

employees

Website

www.wipro.com

Wipro Limited (Western India Palm Refined Oils Limited[3][4] or more recently, Western India
Products Limited[1]) is an Indian Information Technology Services corporation headquartered
in Bangalore, India.[5]
In 2013, Wipro demerged its non-IT businesses into a separate companies to bring in more focus
on independent businesses.[6]
Contents
[hide]

1History
o

1.1Early formative years

1.219661992

1.319942000

1.42001present

2Wipro Group of Companies


o

22.1Wipro

3Sustainability at Wipro

4Listing and shareholding

5Employees

6Awards and recognitions

7See also

8References

9External links

History[edit]

Early formative years[edit]


The company was incorporated on 29 December 1945, in Mumbai by Mohamed Premji as
'Western India Palm Refined Oil Limited', later abbreviated to 'Wipro'. It was initially set up as a
manufacturer of vegetable and refined oils in Mumbai, Maharashtra, India under the trade names
of Kisan, Sunflower and Camel.[1][7] The company logo still contains a sunflower to reflect products
of the original business.
In 1966, after Mohamed Premjis death, his son Azim Premji returned home from Stanford
University and took over Wipro as its chairman at the age of 21.[8][9]

During the 1970s and 1980s, the company shifted its focus to new business opportunities in the
IT and computing industry, which was at a nascent stage in India at the time. On 7 June 1977,
the name of the company changed from Western India Vegetable Products Limited, to Wipro
Products Limited.[7]
The year 1980 marked the arrival of Wipro in the IT domain. In 1982, the name was changed
from Wipro Products Limited to Wipro Limited.[10] Meanwhile, Wipro continued to expand in the
consumer products domain with the launch of "Ralak" a tulsi-based family soap and "Wipro
Jasmine", a toilet soap.[7]

19661992[edit]
In 1988, Wipro diversified its product line into heavy-duty industrial cylinders and mobile
hydraulic cylinders.[7] A joint venture company with the United States' General Electric in the
name of Wipro GE Medical Systems Pvt. Ltd. was set up in 1989 for the manufacture, sales, and
service of diagnostic and imaging products.[11] Later, in 1991, tipping systems and Eaton hydraulic
products were launched. The Wipro Fluid Power division, in 1992, developed expertise to offer
standard hydraulic cylinders for construction equipment and truck tipping systems. The market
saw the launch of the "Santoor" talcum powder and "Wipro Baby Soft" range of baby toiletries in
1990.[11]

19942000[edit]
In 1995, Wipro set up an overseas design centre, Odyssey 21, for undertaking projects and
product developments in advanced technologies for overseas clients. Wipro Infotech and Wipro
Systems were amalgamated with Wipro in April that year.[11] Five of Wipro's manufacturing and
development facilities secured the ISO 9001 certification during 199495. In 1999, Wipro
acquired Wipro Acer.[12] Wipro became a more profitable, diversified corporation with new
products such as the Wipro SuperGenius personal computers (PCs). In 1999, the product was
the one Indian PC range to obtain US-based National Software Testing Laboratory (NSTL)
certification for the Year 2000 (Y2K) compliance in hardware for all models.[13]
Wipro Limited joined hands with a global telecom major KPN (Royal Dutch telecom) to form
a joint venture company "Wipro Net Limited" to provide internet services in India.[9]The year 2000
was the year Wipro launched solutions for convergent networks targeted at Internet and telecom
solution providers in the names of Wipro OSS Smart and Wipro WAP Smart. [14] In the same year,
Wipro got listed on New York Stock Exchange.[15] In early 2000 Wipro Vice Chairman Vivek Paul
and Azim Premji approached KPMG Consulting Vice Chairman Keyur Patel and CEO Rand
Blazer to form an mega-outsourcing joint venture between the two organizations..

2001present[edit]
In February 2002, Wipro became the first software technology and services company in India to
be certified for ISO 14001 certification.[16] Wipro also achieved ISO 9000certification to become
the first software company to get SEI CMM Level 5 in 2002.[17][18] Wipro Consumer Care and
Lighting Group entered the market of compact fluorescent lamps, with the launch of a range of
CFL, under the brand name of Wipro Smartlite.[19] As the company grew, a study revealed that
Wipro was the fastest wealth creator for 5 years (19972002).[20][21] The same year witnessed the
launch of Wipros own laptops with Intel's Centrino mobile processor.[22] Wipro also entered into
an exclusive agreement with the owners of Chandrika for marketing of their soap in select states
in India.[23][24] It set up a wholly owned subsidiary company viz. Wipro Consumer Care Limited to

manufacture consumer care and lighting products.[25] In 2004 Wipro joined the billion dollar club.
[26]
It also partnered with Intel for i-shiksha.[27][28] The year 2006 saw Wipro acquire cMango Inc., a
US-based technology infrastructure Consulting firm[29][30] Enabler, and a Europe-based retail
solutions provider.[31] In 2007, Wipro signed a large deal with Lockheed Martin. [32][33] It also entered
into a definitive agreement to acquire Oki Techno Centre Singapore Pte Ltd (OTCS) [33][34] and
signed an R&D partnership contract with Nokia Siemens Networks in Germany.[35][36]
In 2008 Wipros entered the clean energy business with Wipro Eco Energy.[37][38] In April 2011,
Wipro signed an agreement with Science Applications International Corporation (SAIC) for the
acquisition of their global oil and gas information technology practice of the commercial business
services business unit.[39][40] In 2012 Wipro acquired Australian Trade Promotions Management
firm Promax Applications Group (PAG) for $35 million.[41][42] In 2012 Wipro employed more than
70,000 H-1B visa professional temporary workers in the United States.[43]
In 2012 Wipro Ltd. announced the demerger of its consumer care, lighting, furniture,
infrastructure Engineering (hydraulicsand water and medical diagnostic business into a separate
company to be named Wipro Enterprises Ltd.[44] The merger became effective from 31 March
2013.[45][46] The demerged companies together contributed about 10% of the revenues of Wipro
Limited in previous financial year.[47][48]
In 2014, Wipro signed a 10-year $1.2 billion contract with ATCO, a Canadian Energy & Utilities
corporation based out of Calgary, Alberta. This was the largest deal in Wipro's history.[49]

Wipro Group of Companies[edit]

Wipro[edit]
Wipro Limited is a global company provider of comprehensive IT solutions and services,
including Systems Integration, Consulting, Information Systems outsourcing, IT-enabled services,
R&D services. [50]
Wipro entered into the technology business in 1981 and has over 140,000 employees and clients
across 54 countries.[51] IT revenues were at $7.1 billion for the year ended 31 March 2015, with a
repeat business ratio of over 95%.[52][53]
Wipro Consumer Care & Lighting[edit]
Wipro Consumer Care and Lighting (WCCLG), a business unit of Wipro Limited operates in the
FMCG segment dealing in consumable commodities. Established in 1945, its first product was
vegetable oil, later sold under the brand name "Sunflower Vanaspati". It sells personal care
products, such as Wipro Baby Soft and Wipro Safewash, toilet soaps Santoor and Chandrika as
well as Yardley.[54] It sells lighting products, including Smartlite CFL,[55] LED, and emergency lights.
[56]

Through product sales and acquisitions, Wipro Consumer Care and Lighting has grown steadily
in the FMCG segment.[57][58][59]
Wipro Infrastructure Engineering[edit]
Wipro Infrastructure Engineering is the hydraulics business division of Wipro Limited and has
been in the business of manufacturing hydraulic cylinders, truck cylinders, and their components
and solutions since 1976. This division delivers hydraulic cylinders to international OEMs and

represents the Kawasaki, Sun Hydraulics[60] and Teijin Seiki range of hydraulic products in India.
[61]
It has entered into partnerships Kawasaki[62][63] and aerospace giant EADS.[64] In 2010 Wipro
Infrastructure Engineering was the second largest independent manufacturer of hydraulic
cylinders in the world.[65]
Wipro GE Medical Systems[edit]
Wipro GE Medical Systems Limited is Wipros joint venture with GE Healthcare South Asia. It is
engaged in the research and development of advanced solutions to cater to patient and
customer needs in healthcare. This partnership, which began in 1990, [66] today includes gadgets
and equipment for diagnostics, healthcare IT solutions and services to help healthcare
professionals combat cancer, heart disease, and other ailments. There is complete adherence
to Six Sigma quality standards in all products.[67][68][69]

Sustainability at Wipro[edit]
Wipro has been ranked 1st in the 2010 Asian Sustainability Rating (ASR TM) of Indian
companies[70] and is a member of the NASDAQ Global Sustainability Index[71] as well as the Dow
Jones Sustainability Index.[72]
In November 2012 Guide to Greener Electronics, Greenpeace ranked Wipro first with a score of
7.1/10.[73]

Listing and shareholding[edit]


Listing: Wipro's equity shares are listed on Bombay Stock Exchange where it is a constituent of
the BSE SENSEX index,[74] and the National Stock Exchange of India where it is a constituent of
the S&P CNX Nifty.[75] The American Depositary Shares of the company are listed at
the NYSE since October 2000.[76]
Shareholding: On 30 September 2013, 73.51% of the equity shares of the company were
owned by the promoters: Azim Premji, his family members, partnership firms in which he is a
partner and Trusts formed by him/his family. The remaining 26.49% shares are owned by others.

Shareholders (as on 20-January-2016)

Shareholding

Promoter group led by Azim Premji

73.36%

Foreign Institutional Investors (FII)

10.68%

Indian Public

04.99%

Bodies Corporate

02.50%

Mutual Funds/UTI

01.90%

NRI

01.11%

Trusts/Others

0.77%

American Depositary Shares

02.30%

Total

100.0%

Employees[edit]
At the end of December 31, 2015, its employee strength was 170,664. [77] Abid Ali Neemuchwala
was appointed as Wipro's CEO after T. K. stepped down in early 2016. [78]

Awards and recognitions[edit]

In May 2016,it was ranked 755th on the Forbes Global 2000 list.[79]

Wipro was ranked 2nd in the Newsweek 2012 Global 500 Green companies. [80]

Wipro received the 'NASSCOM Corporate Award for Excellence in Diversity and
Inclusion, 2012', in the category 'Most Effective Implementation of Practices & Technology
for Persons with Disabilities'.[81]

In 2012, it was awarded the highest rating of Stakeholder Value and Corporate Rating 1
(SVG 1) by ICRA Limited.[82]

It received National award for excellence in Corporate Governance from the Institute of
Company Secretaries of India during the year 2004.[83]

In 2014, Wipro was ranked 52nd among India's most trusted brands according to
the Brand Trust Report, a study conducted by Trust Research Advisory.[84]

In March 2015, Wipro has been recognized as the worlds most ethical company by USbased Ethisphere Institute for the fourth consecutive year.[85][86][87]

Wipro won Gold Award for Integrated Security Assurance Service (iSAS) under the
Vulnerability Assessment, Remediation and Management category of the 11th Annual 2015
Info Security PGs Global Excellence Awards.[88]

Wipro won 7 awards, including Best Managed IT Services and Best System Integrator in
the CIO Choice Awards 2015, India[89]

See also[edit]

Wipro Consumer Care business includes soaps, toiletries, personal care products, baby care
products, wellness products, electrical wire devices, domestic and commercial lighting and
modular office furniture. We have a strong brand presence with significant market share in
identified segments. In addition, we have a strong presence in the personal care and skin care
products market in South-East Asia and Middle-East.
Wipro Consumer Care (WCCLG) is today among the top FMCG companies and amongst
thefastest growing FMCG companies in India. It has presence in over 40 countries with over
8300 employees worldwide. It has 8 production plants in India and 7 overseas. Besides India, the
business has significant presence in Malaysia, Indonesia, Vietnam, China, Taiwan, Hong Kong
and Middle East.
Wipro Consumer Care organic growth has been led by growth in toilet soaps, domestic and
institutional lighting and office furniture. It has gained Global footprint with acquisition of Unza,
Yardleyand LD Waxsons. The key brands include Santoor (a Toilet soap brand with extensions
in talcum powder, Handwash, Facewash, Body Lotion, Baby Soap and Shampoo), Chandrika
soap, Glucovita Glucose powder, Northwest Switches, Enchanteur (a female toiletry brand),
Romano (a male toiletry brand), Bio Essence (a skincare brand) and Yardley (a luxury toiletry
brand).

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