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Beating forecasts, Wipro Witnesses a 24% rise in Profits
Despite pay rises and fewer billing hours, Wipro, India’s third largest software exporter reported a better than expected 24% jump in quarterly profit, as outsourcing volumes grow. A turnaround in its back office unit and strength in Europe helped Wipro grow 8% from last year to $510-million and profit margins are expected to hold steady... Read
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Outsourcing: Benefits Unlimited
The recent success of off-shoring / outsourcing to India due to cheap labour rates, qualified skilled labour, availability and quality training of educated staff means that more and more companies are realising the immense potential and benefits to be reaped from off-shoring / outsourcing to service providers in India, especially in the IT sector... Read more
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