Wipro Up 2% After Completing Strategic Engagement With ICICI Bank

Shares of Wipro added 2.5 percent intraday on October 3 after the company completed a strategic engagement with ICICI Bank.

The company will absorb some employees of Vara lnfotech along with its existing contracts, facilities and assets through a business transfer agreement, as per a BSE release.

The meeting of the board of directors will be held over October 14-15 to consider and approve the condensed audited standalone and consolidated financial results of the company under lndAS for the quarter and half year ended September 30, 2019.

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