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Wipro to merge five subsidiaries with itself

Wipro Ltd, which on Wednesday announced that it closed the second quarter of FY24 with a lower revenue and after tax profit as compared to the previous year's corresponding period, also said it will merge five of its wholly-owned subsidiaries .

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Wipro says Q2 revenue down 4.8% but points to large-deal activity

Wipro Ltd.’s IT services revenue fell 4.8% year over year on a constant currency basis in its fiscal second quarter.

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