‘Wipro For Sale’ : Azim Premji Writes Letters To Staff

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Indian IT sector slowed down now-a-days for several reasons like Trump visa effect, reduction in new projects, less of profits . ‘Wipro For Sale’ news is creating vibes in IT sector as it is one of the giant IT companies in India in which 1.8 lakh people are working. It is learnt that Ajeem Prem Ji wants to sell his and his family shares which is about 73% of the total shares. It is said that PremJi family is consulting Investment Banks in this regard. But while condemning all the rumours that spread on media Prem Ji wrote a letter to all the employees to not to believe those rumours. Market sources say that the management of Wipro may change in coming days giving a shock to Indian IT sector.