Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a number one know-how services and consulting firm, introduced the launch of a new financial services advisory capability in India. Capco, a Wipro firm, will complement Wipro’s presence in the Indian financial services sector by means of its business in Mumbai to collectively supply end-to-end transformation services for this sector.
The worth of the Indian consulting market is estimated to be $8.6 billion, of which financial services accounts for an estimated $2.95 billion*. In partnership with Wipro, Capco will supply strategic advisory and consulting capabilities to Indian financial services corporations which are on their digitization journey. Towards this, Capco will leverage Wipro’s India presence, relationships, scale, and confirmed experience in offering a complete suite of digital transformation services.
Anis Chenchah, CEO of Asia Pacific, Middle East, and Africa (APMEA), Wipro Limited, mentioned: “Capco’s financial services consulting expertise in India aims to accelerate our clients’ end-to-end transformation journeys. I am confident that the joint forces of Wipro and Capco will play an important role in the industry’s next phase of innovation. It enriches our full spectrum of capabilities, ensuring we are well positioned to help our clients realize their growth ambitions.”
Lance Levy, CEO of Capco and Executive Sponsor of Wipro’s Financial Services business, mentioned: “I am delighted to introduce Capco’s financial services advisory capability in India. We will combine our deep domain expertise around digital banking and insurance, data and cloud transformation, intelligent automation, and cybersecurity together with Wipro’s scale and extensive delivery to offer a fresh and dynamic, end-to-end, transformational experience for our most important clients.”
Shares of Wipro Limited was final buying and selling in BSE at Rs. 393.90 as in comparison with the earlier shut of Rs. 392.45. The whole variety of shares traded throughout the day was 365428 in over 12612 trades.
The inventory hit an intraday excessive of Rs. 394.85 and intraday low of 390.60. The internet turnover throughout the day was Rs. 143667300.00.
Source : Equity Bulls
Keywords
Wipro
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