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Wipro completes transaction to absorb employees of Vara Infotech
Date: 03-10-2019Wipro has completed the transaction under which it was to absorb certain employees of Vara InfoTech as part of its $300 million (about Rs 2,100 crore) deal with ICICI Bank.
In September, Wipro had said it had secured a strategic seven-year engagement, valued at $300 million, from ICICI Bank to provide a comprehensive suite of services.
Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.