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Wipro to hike wages; margins may be hit (The Hindu)

Author: us.rd.yahoo.com      Published: 19th Oct 2005     Visited: 979 times 
Category: Wipro
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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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Next: Wipro posts 16 pc rise in Q2 net ? Revenues for the quarter beat guidance (The Hindu)



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