Spirit of Wipro
CIOL: It seems like Wipro will continue its shopping spree. Wipro (Nyse: WIT), one of the top three IT companies in India will be celebrating its 60th birthday on July 18, 2006. The company has come a long way from a small FMCG company to become an IT giant.
In a letter to the shareholders named Spirit of Wipro, Azim Premji said, Wipro will continue with its acquisition spree to supplement its organic growth. Wipro has been making a lot of acquisitions and using them to grow in new areas. Premji looked very positive about the growth and said, the company would pursue strategic initiatives identified in their strategic plan to deliver strong growth in future in all their business.