Wipro Gains Entry into Bank of America’s IT Vendor League – Economic Times | In The News

“Clearly, this (Wipro’s entry) will contribute to increased pricing pressure for incumbents such as Infosys. BofA, like other large banks, is looking to drive further cost savings out of its global services portfolio,” Peter Bendor-Samuel, CEO of US-based research firm Everest Group, said. Read more.

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