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Wipro countering meltdown successfully

Last updated on: July 23, 2009 

Wipro countering meltdown successfully

With a 13 per cent rise in quarterly profit, India's third-largest software services exporter, Wipro limited, said on Wednesday that it was adapting successfully to the global meltdown.

The company posted its third consecutive quarter-on-quarter decline in IT services revenue due to the challenging business environment.

Wipro chairman Azim Premji said the results were satisfying.


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Source: ANI