Wipro’s Bold Consulting Move Comes With Increased Risks: Motilal Oswal 
A person walks in the Wipro office in Bangalore. (Photograph: Nishant Sharma/BloombergQuint)

Wipro’s Bold Consulting Move Comes With Increased Risks: Motilal Oswal 

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Motilal Oswal Report

Wipro Ltd. announced the acquisition of Capco, a London-based banking financial services and insurance-focused business and technology consulting firm, for a sum of $1.45 billion on March 03, 2020.

We see Wipro’s aspiration to scale up its BFSI practice as a positive, especially given the potential spend by large banks on technology over the next few years.

Moreover, Indian IT companies have historically lagged behind their global peers in terms of consulting capabilities – this is a gap that Capco could bridge for Wipro.

Click on the attachment to read the full report:

Motilal Oswal Wipro Company Update.pdf

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