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WiproWipro to hike wages; margins may be hit (The Hindu)
Author: us.rd.yahoo.com Published: 19th Oct 2005 Visited: 979 times
WAGE inflation is expected to impact Wipro's operating margins for the second half of the current fiscal. Wipro expects a 1.5 per cent impact on its operating margins for the December quarter, as it plans to implement a wage hike for its offshore employees effective November 1.
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