Wipro’s revenues shoot up by 41%

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Wipro's revenues shoot up by 41%

India's third largest IT outsourcer Wipro announced that its revenue and profits have gone up by 41 percent and 44 percent respectively in this fiscal year. The company cited increase in billing rates and improved profitability in its acquisitions and business process outsourcing (BPO) business responsible for these figures. This is in keeping with the higher revenues and profits Indian outsourcers are generally reaping because of the boom in the BPO industry.

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