Wipro Ltd.

Wipro has secured large technology outsourcing contract worth about $500 million from Citigroup. As per the order, Wipro will be responsible for application development and maintenance, as well as providing infrastructure management services, for Citi’s global operations. Wipro will also set up a large offshore delivery centre in Bangalore under the said project, to exclusively provide services to Citi.

The last large contract Wipro won from Citigroup was in 2008, when it acquired Citi Technology Services for $127 million. As part of that transaction, the Bangalore-based company had got committed business worth at least $480 million over a six-year-period.

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