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Wipro STO360 is an end-to-end solution that provides real-time visibility into critical activities across the STO lifecycle. It is designed to improve collaboration among teams and support more informed decision-making during shutdown, turnaround and outage operations.
Vinay Firake, CEO of APMEA (Asia Pacific, India, Middle East, and Africa), Wipro, said, “Asset heavy industries need to embrace AI-led transformation quickly and at scale due to the increasing complexity, regulatory expectations, and the need for operational excellence, Wipro STO360™ is a future-ready solution that combines our deep industry expertise, capabilities of Wipro Intelligence™, and cloud native engineering capabilities to help Aramco and other asset-intensive enterprises to optimize their STO operations, improving asset reliability, strengthening compliance, and unlocking measurable business value.”
Ahmad O. Al Khowaiter, Aramco Executive Vice President of Technology & Innovation, said, “We are excited to implement Wipro STO360™ to help transform our business operations. Leveraging cutting-edge technology, we aim to set new benchmarks in operational excellence to continue our strong position in the industry. This initiative can support Aramco in optimizing the Turnaround and Inspection planning and execution phases by increasing the process efficiency and productivity.”
Wipro is an AI-powered technology services and consulting company that provides digital transformation, consulting and technology services to enterprises globally.
For Q1 FY27, Wipro reported revenue of Rs 24,479 crore, up 10.6% year-on-year and 1% sequentially. Net profit rose 0.6% YoY but declined 4.7% QoQ to Rs 3,356 crore. IT services revenue stood at $2.615 billion, rising 0.9% YoY in constant currency terms but declining 1.2% QoQ.
Wipro expects IT services revenue of $2.574 billion to $2.627 billion in Q2 FY27, implying a sequential constant-currency change of -1.5% to +0.5%.
The counter declined 0.21% to settle at Rs 166.35 on Thursday, 18 September 2026.
Wipro announced the launch of Wipro STO360™, a new solution developed in collaboration with Aramco and SAP to help asset-intensive organizations to modernize and efficiently drive Shutdown, Turnaround and Outage (STO) management.
Built on SAP's Business Technology Platform (SAP BTP), the solution combines Wipro's deep domain expertise with Aramco's business innovation and operational leadership to support asset intensive industries, including oil and gas, chemicals, mining, manufacturing, and utilities. Wipro STO360™ is an end-to-end solution that enables real-time visibility into critical activities, improved collaboration across teams, and more informed decision-making throughout the STO lifecycle. Using a modern cloud-native architecture, it is designed to help organizations enhance asset reliability, improve operational efficiency, strengthen compliance, and reduce risk across maintenance programs.
The Command Center will provide integrated protection across endpoint security, cloud security, exposure management and AI security, while bringing together threat detection and response through a modern Security Operations Center (SOC).
Amar Bysani, global practice head – cybersecurity and risk services, Wipro, said, “Cyber risk is intensifying pressure on boardroom decision-making. Threats that once remained dormant for months can now materialize within hours, driven by external triggers and AI-enabled exploitation, the Command Center will work with enterprises to turn security signals into business risk intelligence, enabling them to sense, prioritize, and respond at machine speed.”
Daniel Bernard, chief business officer, CrowdStrike, said “AI is fundamentally changing both the threat landscape and how enterprises run defense programs. Together, CrowdStrike and Wipro are giving CISOs the AI-native security, intelligence, and services they need to turn risk into action at machine speed and transform security into a business advantage.”
The counter declined 2.33% to settle at Rs 167.50 on Wednesday, 9 September 2026.
The CISO Command Center reinforces Wipro's consulting-led cybersecurity strategy by enabling enterprises to move from tool-driven operations to an enterprise-wide, risk-led operating model. The Center will be operationalized through Wipro Intelligence™ solutions – CyberTransform and CyberShield – and supported by the CrowdStrike Falcon® platform. It will deliver integrated protection across endpoint security, cloud security, exposure management, and AI security, while unifying detection and response through a modern Security Operations Center (SOC).
Happiest Minds Technologies Ltd fell 3.78% today to trade at Rs 391.75. The BSE Information Technology index is down 0.39% to quote at 29601.76. The index is up 0.34 % over last one month. Among the other constituents of the index, Black Box Ltd decreased 2.3% and Wipro Ltd lost 1.78% on the day. The BSE Information Technology index went down 15.41 % over last one year compared to the 4.19% fall in benchmark SENSEX.
Happiest Minds Technologies Ltd has added 3.94% over last one month compared to 0.34% gain in BSE Information Technology index and 1.41% drop in the SENSEX. On the BSE, 32359 shares were traded in the counter so far compared with average daily volumes of 1.35 lakh shares in the past one month. The stock hit a record high of Rs 582.65 on 18 Sep 2025. The stock hit a 52-week low of Rs 305.3 on 02 Mar 2026.
Wipro has renewed its long-standing Digital Workplace Services contract with ABB, a global technology leader in electrification and automation.
Building on an established relationship spanning multiple years, Wipro will continue delivering end-to-end AI-enabled Digital Workplace Services for ABB's global operations while further enhancing employee experience through advanced automation, AI powered service capabilities, and workplace modernization initiatives.
Powered by Wipro Intelligence™, the unified suite of AI platforms, solutions and transformative offerings, this engagement will modernize ABB's digital workplace with AI-led, experience-centric capabilities delivered through Wipro's AI Live Workspace™ and Digital Workplace Services offerings and operationalized through WINGS, Wipro's AI-powered delivery platform for operations.
Through SmartOps, Wipro's AIOps capability, the focus will be on more autonomous and predictive workplace services, including GenAI-powered self-service, virtual agents, auto remediation and AI-assisted dispatch. By harnessing telemetry and usage insights, Wipro will optimize device lifecycle management and strengthen endpoint security operations, while supporting ABB's digital transformation and sustainability ambitions.
Market participants remained focused on the upcoming speech by Kevin Warsh who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications on the US central bank’s monetary policy outlook.
IT, media and metal shares rises while private bank, PSU bank and FMCG shares declined.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 249.88 points or 0.32% to 77,188.48. The Nifty 50 index rose 53.15 points or 0.22% to 24,145.35.
In the broader market, the BSE 150 MidCap Index gained 0.22% and the BSE 250 SmallCap Index rose 0.29%.
The market breadth was positive. On the BSE, 1,701 shares rose and 1,158 shares fell. A total of 211 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 298.26 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,977.17 crore in the Indian equity market on 27 August 2026, according to provisional data.
Numbers to Track:
The yield on India's 10-year benchmark federal paper rose 0.26% to 6.910 compared with the previous session close of 6.892.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 95.5425 compared with its close of 95.4550 during the previous trading session.
MCX Gold futures for the 5 October 2026 settlement fell 0.57% to Rs 1,58,090.
The United States 10-year bond yield jumped 0.26% to 4.684.
In the commodities market, Brent crude for the October 2026 settlement shed 31 cents or 0.35% to $89.39 a barrel.
Stocks in Spotlight:
Wipro advanced 1.33% after the company announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Addtionally, the company is scaling its adoption of Gemini Enterprise to equip 10,000 AI-certified specialists, including 1,500 FDEs, with advanced AI capabilities
NBCC (India) shed 0.01%. The company announced that it has received multiple work orders from various clients aggregating to Rs 134.27 crore.
Hero MotoCorp rose 1.03% after the company’s board approved the purchase of additional equity shares of Ather Energy for a total consideration of Rs 1,758 crore. As of 25 August 2026, the company held a 29.88% stake in Ather Energy. Following the proposed acquisition, Hero MotoCorp’s stake will increase to 32.8%.
Global Markets:
Asian stocks were trading higher on Friday, tracking the overnight gains on Wall Street, supported by strength in technology and IT services stocks.
Meanwhile, inflation in Tokyo, a leading indicator of nationwide price trends, remained close to the Bank of Japan's 2% target in August. Core consumer prices, which exclude volatile fresh food prices, rose 1.8% year-on-year, up slightly from 1.7% in July and broadly in line with expectations. A measure excluding both fresh food and fuel was around 2%, keeping attention on the Bank of Japan's monetary policy outlook.
All three major US indices closed higher on Thursday, led by a sharp rally in technology stocks following Nvidia's results and upbeat revenue outlook. The Dow Jones Industrial Average rose 0.20% to 53,569.00, while the S&P 500 gained 0.72% to 7,730.99 and the Nasdaq Composite advanced 1.57% to 26,541.00. Nvidia surged 8.7% after its strong results and forecast reinforced expectations of sustained demand for AI infrastructure. Salesforce jumped 22.6%, while CrowdStrike gained 20.5%, adding to the technology-led rally.
US initial jobless claims fell by 4,000 to 203,000 in the week ended August 22, compared with economists' expectations of 208,000, signalling continued resilience in the labour market. The data could reinforce the case for the Federal Reserve to remain cautious on rate cuts, particularly as inflation remains above its 2% target.
Separately, the US goods trade deficit widened sharply to $118.8 billion in July from the previous month, the widest gap since March 2025. Exports fell 2.9%, while imports rose 3.7%, with strong imports of capital goods linked to artificial intelligence investment contributing to the increase. The wider trade deficit could weigh on third-quarter economic growth.
Crude oil prices rose on Thursday after a media report said the Trump administration was not interested in returning to the terms of a June memorandum of understanding with Iran, raising doubts over efforts to ease supply disruptions around the Strait of Hormuz. Brent crude settled 2.1% higher at $89.70 a barrel. Oil prices, however, eased in early Asian trading on Friday.
Attention now shifts to Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. Investors will closely parse his comments for clues on the Fed's approach to inflation and interest rates, particularly as inflation remains above the central bank's 2% target and longer-term Treasury yields remain elevated.
Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share.
Stocks to Watch:
Wipro announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Addtionally, the company is scaling its adoption of Gemini Enterprise to equip 10,000 AI-certified specialists, including 1,500 FDEs, with advanced AI capabilities
NBCC (India) announced that it has received multiple work orders from various clients aggregating to Rs 134.27 crore.
Hero MotoCorp’s board approved the purchase of additional equity shares of Ather Energy for a total consideration of Rs 1,758 crore. As of 25 August 2026, the company held a 29.88% stake in Ather Energy. Following the proposed acquisition, Hero MotoCorp’s stake will increase to 32.8%.
Tejas Networks announced that it has received a letter of intent from Tata Consultancy Services (TCS) for the supply of RAN equipment, accessories and installation materials for BSNL’s 4G mobile network covering 18,685 sites. The order is valued at Rs 1,537 crore.
Adani Power announced that its wholly owned subsidiary, Chandenvalle Infra Park (CIPL), has entered into a share purchase agreement with AdaniConneX (ACPL) for the sale of its entire stake in CIPL for a total consideration of Rs 535.69 crore.
Great Eastern Shipping’s board approved a share buyback of up to Rs 900 crore at a price of Rs 1,530 per equity share. As of 21 August 2026, the promoters held a 30.07% stake in the company.