Wipro Ltd.

Wipro is in talks with UK-based outsourcing group Equiniti for a potential takeover that could be valued at about £1 billion (Rs 9,900 crore). If the talks conclude successfully, it will be one of Wipro's largest acquisitions with Equiniti seeking a valuation of close to £1 billion.

Purchasing Equiniti will help the company gain access to large FTSE-100 clients in the UK and further bolster its business process outsourcing business, which contributes about 10% to its annual revenue and grew 13.3% in the previous financial year. Equiniti, which is owned by private equity player Advent International, has an annual turnover of £292.3 million.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.