WIT
Wipro Limited2.8000
-0.0200-0.71%
Dec 16, 4:00:02 PM EST
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Key Stats
Market Cap
30.05BP/E (TTM)
20.00Basic EPS (TTM)
0.14Dividend Yield
1.77%Recent Filings
8-K
Wipro acquires Spectramind stake
Wipro Limited concluded its acquisition of a 66% stake in Spectramind e-Services on July 31, 2002, boosting its overall ownership to about 90% of equity shares. This move integrates Spectramind's 2,700-person team and leadership in BPO processes with Wipro's IT services prowess, expanding offerings to include backroom processing and customer contact services for global clients. BPO stands as a key growth driver amid India's booming ITES market. Yet integration risks loom large.
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