SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Wipro likely to establish a state-of-the-art lab in India

29 May 2013 Evaluate

The telecom department (DoT) is likely to ask Wipro to establish a state-of-the-art lab in India to test network gear used by mobile phone companies. The entity has explored ways to make the test lab venture and communicated to DoT that the minimum cost of setting up such a test lab will be $50-$100 million. This test lab venture has been delayed by nearly three years.

The DoT had failed to reach an agreement on the proposed funding model with Tech Mahindra, which had earlier evinced an interest to set up such a lab.

Wipro is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better.

Wipro Share Price

204.35 -5.85 (-2.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×