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Wipro posts encouraging results

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Wipro posts encouraging results

Wipro Limited India's major IT outsourcing company, beats all expectations with a four percent rise in profit and consequently boosts its shares, to a six-month high. Announcing the company's periodical results on Wednesday for the fourth quarter ending on March 31, Azim Premji, Chairman of Wipro, did forecast a strong and challenging year in the IT services sector.

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