Rochester, NY 7/9/2009 2:49:27 AM
Afternoon Result- WIT - WIPRO LTD. - Suresh Vaswani is not easily rattled. The IT industry may be in the middle of a downturn, but the joint chief executive of Wipro, the Indian IT giant, believes his industry will survive – even thrive. - Sourc ...
Wipro Ltd. WIT
Afternoon Result- WIT - WIPRO LTD. - Suresh Vaswani is not easily rattled. The IT industry may be in the middle of a downturn, but the joint chief executive of Wipro, the Indian IT giant, believes his industry will survive – even thrive. - Sourced - WhisperFromWallStreet.com
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Wipro Ltd. WIT
10.93 Down 0.19 (1.71%) 3:36PM ET
But, he says, it is not just about the amount of business Wipro is bringing in. It is also the type of business. As one of the three global-scale Indian IT companies – along with Infosys and Tata Consultancy Services – Wipro is looking to expand the scale of its business, and take on more complex, but also higher value, work.The types of opportunity, the types of customer [business] we have now are transformational in nature – full scale implementations including designs of systems at the front end.as well as a full overhaul of the back office.”
ABOUT
Wipro Limited provides information technology (IT) services and products, and consumer care and lighting products worldwide. The company?IT Services segment provides IT and IT enabled services,including IT consulting, custom application design, development,re-engineering and maintenance,systems integration, package implementation, technology infrastructure outsourcing,BPO services, and research and development services in the areas of hardware and software design.
Last Trade: 10.91
Day's Range: 10.62 - 11.31
52wk Range: 5.04 - 13.00
Volume: 398,837
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