Prøve GULL - Gratis
Wipro's big deal boosts confidence
Mint Kolkata
|March 31, 2025
Gaining pace The Wipro stock has marginally outperformed the Nifty IT index in the last one year.
Top-tier IT services provider Wipro Ltd bagged a mega deal worth £500 million from Phoenix Group—the UK's largest long-term savings and retirement business. The 10-year strategic project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group's operational transformation.
In the IT sector, mega deals are high-value contracts, typically with a total contract value (TCV) of $500 million or more. Such deals are a significant driver of revenue growth trajectory. This is Wipro's second mega-deal over the past four quarters and marks its entry into an account that has been a stronghold for peer Tata Consultancy Services Ltd, said a Kotak Institutional Equities report dated 27 March. In June, Wipro had announced a $500-million mega deal with a US-based communications service provider for five years.
Denne historien er fra March 31, 2025-utgaven av Mint Kolkata.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
The dollar is far from dead and the yuan is not staging a coup
Greenback doomsayers got it wrong. The dollar's reign is not over
3 mins
October 10, 2025
Mint Kolkata
Sebi's Ananth Narayan steps down
Narayan headed market regulation and the department dealing with foreign investors.
1 min
October 10, 2025
Mint Kolkata
Corporate governance needs to go well beyond mere compliance
Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own
3 mins
October 10, 2025
Mint Kolkata
Intel unveils new tech in turnaround push
Intel Corp., the embattled chipmaker now backed by the US government, introduced new products and manufacturing technology that are central to its turnaround bid.
1 min
October 10, 2025
Mint Kolkata
Shipbuilding stocks are likely to stay anchored
India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.
3 mins
October 10, 2025
Mint Kolkata
Silver ETFs fired up by scarcity, festivals
Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.
1 min
October 10, 2025
Mint Kolkata
Go First files plea against Air Works
Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.
1 min
October 10, 2025
Mint Kolkata
Nestlé looks beyond Maggi, bets on India petcare boom
Nestlé SA sees India as a potential top-three global petcare market after the US and China
2 mins
October 10, 2025
Mint Kolkata
Tax residency depends on your travel pattern and primary base
I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.
2 mins
October 10, 2025
Mint Kolkata
It is time to strengthen India-Afghanistan ties
An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power
2 mins
October 10, 2025
Listen
Translate
Change font size