Wipro outlook points to uneven recovery for it outsourcers

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Wipro outlook points to uneven recovery for it outsourcers

by Ani 1:32 mins

Wipro outlook points to uneven recovery for it outsourcers

by Ani 1:32 mins

Wipro Limited weaker-than-expected quarterly sales forecast highlighted a gap in performance among India's four biggest IT exporters and a still shaky recovery in client demand.Chairman of Wipro, Azim Premji stated this at a news conference in Bangalore. The forecasts contrast with a more bullish outlook issued by industry leader Tata Consultancy Services (TCS) that had raised expectations IT spending by clients in the United States and Europe was improving. The Wipro Chairman briefed about his company's quarterly profits. Premji also informed about his personal wealth that he donated to charity and also spoke about Wipro's corporate social responsibility.

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