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Bangalore tiger still on the prowl

Filed in archive Offshoring by prashanth on November 28, 2006

Bangalore tiger still on the prowl

In an interview with Economic times, Wipro's Premji has some interesting points to make, below are some highlights:

Acqusitions: After around 9 of them, looks like the Bangalore tiger isnt satiated, its going after another in the 50-100 million$ range....He also indicated that they will be looking for ew acquisitions in Europe and America in the long run.

Billing Rate Upward Revision: Sometime back we carried a piece on TCS planning an upward revision of rates with new contracts & renewals, Premji confirms this trend attributing it primarily to rise in global salaries.

Source: 1

Prashanth Rai



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