But our overall sense is that one needs to sort of watch out for Budget plus the element of optimism. Although they have some head room in terms of higher RBI dividend plus, obviously there can be structural savings on the subsidy side especially related to fertilisers, so it remains to be seen how they sort of utilise.
Wipro management on Q3 revenues, wage hike impact and Q4 order pipeline
Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The