RSSBangalore 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.
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