Wipro

Company WIPRO

Last mentioned: Mar 24, 2026

Timeline

  1. Academic Partnerships

    Wipro begins upskilling initiatives with leading South Korean academic institutions.

  2. Seoul Expansion Announced

    Wipro officially announces the launch of the Seoul Innovation Lab and expanded office footprint.

  3. WIN Integration

    The Seoul lab is integrated as the 9th facility in the Wipro Innovation Network (WIN).

  4. IT Resilience Confirmed

    IT stocks close steady with Wipro up 0.05% and Infosys showing marginal decline vs broader market sell-off.

  5. Conflict Escalation

    Middle East tensions involving US, Israel, and Iran enter a critical phase.

  6. Rupee Hits Record Low

    Rupee touches 92.18 per dollar, creating a tailwind for IT exporters.

  7. Expulsion Ordered

    Summit organizers direct Galgotias University to vacate the expo immediately following the misrepresentation row.

  8. Stall Vacated

    Reports confirm the Galgotias stall is empty and the robot has been removed from the venue.

  9. Expulsion Ordered

    Organizers ask Galgotias University to vacate the expo immediately following the controversy.

  10. Viral Controversy

    Social media users identify the robot as a Chinese Unitree Go2; videos of the claim go viral.

  11. Orion Debut

    Galgotias University showcases 'Orion' robot dog as an in-house innovation.

  12. Social Media Backlash

    Tech community identifies the robot as the Chinese-made Unitree Go2.

  13. Summit Opening

    Galgotias University showcases 'Orion' robot, claiming it as an in-house innovation.

  14. Summit Opening

    India AI Impact Summit 2026 begins in New Delhi.

  15. AI Automation Fears

    Nifty IT Index drops 20% following the release of Anthropic's Claude coworker plugins.

Stories mentioning Wipro 9

infrastructure Bullish

Wipro Scales South Korea Operations with New Seoul Innovation Lab

Wipro has launched a new Innovation Lab in Seoul and expanded its office footprint to capitalize on South Korea's leadership in semiconductors and automotive engineering. The facility, Wipro's ninth globally, will focus on AI-led transformation, software-defined vehicles, and smart manufacturing for local and global enterprises.

3 sources
markets Neutral

Indian IT Defies Geopolitical Volatility as Rupee Hedge Offsets Conflict Risks

Indian IT services giants are demonstrating unexpected resilience against the backdrop of escalating Middle East tensions, significantly outperforming the broader Nifty 50 index. This defensive posture is bolstered by a weakening rupee and a valuation reset following earlier AI-driven sell-offs, even as industry leaders debate the potential for an AI bubble.

2 sources
ai-models Neutral

IT Stocks Defy Geopolitical Volatility as Anthropic CEO Rebukes OpenAI

Indian IT stocks are outperforming broader markets despite Middle East tensions, bolstered by a weakening rupee that provides a margin buffer for exporters. Meanwhile, the AI sector faces internal leadership friction as Anthropic's CEO critiques OpenAI and Microsoft's Satya Nadella addresses concerns of an AI bubble.

2 sources
earnings Bearish

Indian IT Giants Face AI Selloff as US Tech Jitters Ripple

Indian IT majors including TCS and Infosys are experiencing significant downward pressure as American peers like Accenture and Cognizant face a selloff driven by AI-related uncertainty. The trend reflects growing investor concern over the immediate ROI of AI investments and the potential disruption of traditional IT outsourcing models.

2 sources
markets Bearish

Indian IT Giants Face Contagion as AI Jitters Trigger Global Tech Selloff

Indian IT majors including TCS, Infosys, and Wipro are experiencing significant downward pressure following a sharp decline in US tech stocks and consulting peers. The selloff, driven by growing skepticism over artificial intelligence monetization and broader macroeconomic concerns, highlights the sector's vulnerability to shifts in global tech sentiment.

2 sources
market-trends Bearish

Indian IT Giants Face AI-Driven Selloff as US Tech Jitters Ripple

Indian IT majors including TCS, Infosys, and Wipro are experiencing significant downward pressure as their ADRs mirror a broader selloff in the US technology sector. This decline, fueled by growing skepticism over immediate AI returns and valuation concerns, marks a critical pivot point for the global IT services industry.

2 sources
funding Neutral

Galgotias University Ousted from AI Summit Over Chinese Robot Controversy

Galgotias University was expelled from the India AI Impact Summit 2026 after claiming a commercially available Chinese robot dog was an indigenous creation named 'Orion.' The incident has sparked a national debate on the ethics of 'Made in India' branding and the transparency of academic research.

13 sources