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Home -> Finance -> Full Story

Azim Premji to ring the Closing Bell at NYSE today
Friday, February 25 2005 13:18 Hrs (IST) - World Time -

Bangalore: Chairman of Wipro Limited, Azim Premji would ring the Closing Bell at the New York Stock Exchange (NYSE) today (Feb 25, 2005). According to an NYSE statement, executives and guests of Bangalore-headquartered Wipro would visit the Exchange today.

NYSE-listed Wipro, with over $ 1.7 billion in revenues, is one of India's leading IT services companies and the fourth largest worldwide based on market capitalisation.

With a Compound Annual Growth Rate (CAGR) of over 45 per cent over the last five years, it has grown more than ten fold from a $ 150 million company in 1999.

Wipro's major lines of business include product development, IT services, consulting and Business Process Outsourcing (BPO), which together for the core of its integrated portfolio of services that it provides to Fortune 1,000 clients. Its 39,000 employees are located in 35 countries.

PTI