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Wipro Annual Report 2025 on Form 20-F Available Online for ADS Holders

Wipro Annual Report 2025 on Form 20-F Available Online for ADS Holders

Business Upturn15 hours ago

About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.
Wipro Forward-looking Statements The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations, and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.
Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf. Click here for Media Contact Details
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General Motors touts major leap in EV sales ahead of quarterly report
General Motors touts major leap in EV sales ahead of quarterly report

USA Today

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General Motors touts major leap in EV sales ahead of quarterly report

General Motors touts major leap in EV sales ahead of quarterly report Show Caption Hide Caption General Motors: History, innovation, and legacy Learn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology. In addition to doubling electric vehicle sales within the first six months of 2025, GM said its share of the electric vehicle market doubled. GM has reported several production changes to electric vehicle manufacturing this year, often citing 'marketplace changes.' General Motors slightly more than doubled electric vehicle sales this year compared with the first five months of 2024, which the company said outstripped the industry average for that time period. The Detroit automaker broke with its traditional quarterly sales release cycle to report trucks and SUVs from its Chevrolet brand largely drove the difference. GM hasn't reported vehicle sales on a monthly basis since March 2018. Across all brands, GM sold 62,830 electric vehicles from January to May of 2025, with the Chevrolet brand comprising 37,620 of those sales. Crosstown rival Ford Motor Co., the only Detroit Three automaker to still report monthly sales, during the same time period, sold 34,132 vehicles across its all-electric vehicle lineup, which currently includes the Mustang Mach-E, F-150 Lightning and the E-Transit van. While the high percentages seem impressive, a year-over-year comparison presents a low bar, said Sam Abuelsamid, vice president of market research at Telemetry. Not all of GM's EVs were on the market at the same period last year. The Chevrolet Blazer's stop-sale from software challenges lasted from December 2023 and ended in March 2024, and dealerships didn't receive Equinox vehicles until mid-summer 2024. Cadillac's Optiq and Vistiq vehicles rolled out just this year. Consumer sales of the Silverado EV also didn't pick up until May 2024 ― prior to that period, the vehicle appeared in only some fleet sales of the work truck configuration. 2025 Chevrolet Blazer EV: The new SS midsize SUV is the brand's fastest SS ever 'Sales have indeed grown substantially in the past 12 months, but modest increases yield big percentage changes when the numbers are small to begin with,' Abuelsamid said. 'It's a percentage bias and it's what we've been seeing in EV sales for a couple of years.' That isn't to say GM's EV growth spurt isn't still impressive. GM is a leader in the electric vehicle space, offering the broadest range of powertrains on the market, according to Alan Haig, president of dealership merger-and-acquisitions firm Haig Partners. In the firm's most recent industry report, Haig notes GM dealers see great future earnings potential across all four GM brands, which translates into stronger offers on GM dealerships when they go up for sale. Customers are pouring into dealership showrooms to check out the latest vehicles, Haig said in the report, and that demand then lifts all departments within the dealership. Sales of electric vehicles may be growing exponentially, but they still fall far short of the business the company does with gas-powered models. 'GM's in a really good spot right now. Their electric vehicles are selling well, but their (internal combustion vehicles) are selling better,' Haig told the Detroit Free Press. 'Sitting here today, most customers are choosing gas. And when that tax credit goes away, it's going to pull demand away from EVs even more.' Top-selling models Since the first 100 or so Chevrolet Equinox EVs arrived at dealerships last year, the vehicle has quickly become a top seller for the company's electric vehicle portfolio. Through the second quarter 2024, GM sold 1,013. Even without June sales figures, 21,804 electric Equinox vehicles sold in 2025. 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Nifty 50 top gainers this week (June 14): Tech Mahindra, ONGC, Wipro, HCL Technologies, Grasim Industries and more
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Business Upturn

timean hour ago

  • Business Upturn

Nifty 50 top gainers this week (June 14): Tech Mahindra, ONGC, Wipro, HCL Technologies, Grasim Industries and more

By Aman Shukla Published on June 14, 2025, 09:56 IST The Indian stock market closed lower on Friday, June 13, 2025, amid weak global cues and a surge in Brent crude oil prices following reports of a geopolitical escalation in the Middle East. The benchmark indices ended the session in the red, reflecting cautious investor sentiment. The Nifty 50 index declined by 169.60 points or 0.68% to close at 24,718.60, while the BSE Sensex fell by 573.38 points or 0.70% to settle at 81,118.60. The Nifty Bank index also came under pressure, shedding 555.20 points or 0.99% to close at 55,527.35. On a weekly basis, the Nifty 50 slipped by 284.45 points or 1.13%, while the Sensex registered a decline of 1,070.39 points or 1.30%. Several Nifty 50 stocks posted impressive weekly gains, with Tech Mahindra, ONGC and Wipro leading the charge. Let's take a look at the top gainers of Nifty 50 this week, as per Trendlyne data. Top Stock Gainers This Week (Ending June 14, 2025) Tech Mahindra closed at ₹1,659.00, up 5.6% for the week. Oil and Natural Gas Corporation (ONGC) ended at ₹251.50, registering a 4.8% weekly gain. Wipro closed at ₹260.20, up 4.7% for the week. HCL Technologies settled at ₹1,695.30, rising 3.5% over the week. Grasim Industries ended at ₹2,663.80, also posting a 3.5% increase. Dr. Reddy's Laboratories closed at ₹1,362.50, gaining 3.2% during the week. Infosys ended at ₹1,602.00, up 2.4% for the week. Tata Consultancy Services (TCS) closed at ₹3,445.70, with a 1.8% weekly rise. Kotak Mahindra Bank ended at ₹2,107.40, gaining 1.6% over the week. Hero MotoCorp closed at ₹4,333.80, up 1.5% for the week. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Grasim IndustriesHCL TechnologiesNiftyONGCTech MahindraWipro Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Venture Global (VG) Extends Rally on $28-B LNG Facility
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time3 hours ago

  • Yahoo

Venture Global (VG) Extends Rally on $28-B LNG Facility

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