Full Description
Wipro Limited (WIT.N) (New York Stock Exchange)
Wipro Limited (Wipro) is engaged in the areas of information technology (IT), services, IT products and consumer care and lighting products. The Company is organized in four segments: IT services, IT products, consumer care and lighting, and others. During the fiscal year ended March 31, 2009 (fiscal 2009), 94% of Wipro’s operating income was generated from its IT Services. In Fiscal 2009, IT products represented 3% of its operating income, and consumer care and lighting, and others represented 3% of operating income. The Company’s IT services segment provides a range of IT and IT-enabled services. In January 2009, Wipro Technologies acquired Citi Technology Services Ltd. (India), the India-based captive provider of technology infrastructure services (TIS), application development and maintenance services for cards, capital markets and corporate banking.
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