Wipro posts 20% rise in Q4 net profit at Rs 2,303.5 crore; re-appoints Azim Premji as Chairman
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India’s IT major Amid tightening of visa norms in the US Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms. Much like its peers Tata Consultancy Services and Infosys, Wipro has been ramping up hiring of locals and setting up delivery centres in the US to ensure business continuity for clients. "Our focus on localisation continues in all the key markets. In Q1, we expect to have more than 50 per cent of employees to be locals in our biggest market which is the US," Wipro CEO and Member of the Board Abidali Z Neemuchwala said.
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