NEW DELHI (Reuters) – Indian software provider Wipro Ltd ( WIPR.NS ) has the largest order to date worth more than $ 1.5 billion with US-based Alight Solutions LLC for digital services US dollars received said on Sunday in a statement.
The Wipro logo can be seen on January 1
Wipro, one of India's leading IT companies, said it would earn $ 1.5 to $ 1.6 billion in revenue during the tenure of the agreement, which provides services in health, human resources and finance for Alight Solutions in Illinois will be included.
In July, the Bengaluru-based company said it would buy the businesses of Alight Solutions in India for $ 117 million in cash. The business is expected to be completed in the quarter by the end of September.
The IT company's stock reached a seven-month high on Friday, gaining 2.53 percent to Rs.306.5.
Wipro has previously stated that revenues from its key IT service business for the quarter through September are estimated at $ 2.01-2.05 billion.
coverage by Neha Dasgupta and Sankalp Phartiyal; Editing by Kim Coghill