Wednesday, 26 April 2017

Wipro growth forecast hit by healthcare, weak retail

Wipro Ltd, India's third-biggest software services exporter, said cancellations of healthcare projects and weak retail spending in its key U.S. market would hit revenue growth. Headquartered in the technology hub of Bengaluru, Wipro said on Tuesday that its consolidated net profit grew 0.4 percent to 22.67 billion rupees ($353 million) in its fiscal fourth quarter to March.

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