In the third quarter of fiscal year 2023 (Q3FY23), Wipro, a leading Indian IT services company, achieved a significant milestone by signing 11 large deals, each valued at over USD1 billion. This announcement echoes similar reports from other Indian IT companies, such as Tata Consultancy Services (TCS) and Infosys, which have also reported record-breaking deal wins. These large deal wins indicate a strong demand for IT services and are a positive sign for the Indian IT industry as a whole. Investors should take note of this trend and remain optimistic about the future prospects of these companies.
Wipro’s Q3FY23 Deal Wins: A Positive Sign for the IT Industry
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