India is in a strong financial position. The recent economic slowdown was temporary. The government is expected to increase spending. This will boost the economy. Private sector borrowing is at a low. A lending boom is expected in the private sector. This will lead to a big investment cycle. India will stop borrowing money to pay interest in three years.
Wipro focusing on 5 key strategic initiatives to drive growth, says CEO Srini Pallia
Wipro faces revenue growth challenges, particularly in Europe, despite growth in America. The company focuses on large deals and cost optimization to maintain profitability amidst