![]() Wipro in race of Goldman Sachs' IT contract, stk upPublished on Tue, Dec 01, 2009 at 12:36 | Source : Moneycontrol.com Updated at Tue, Dec 01, 2009 at 12:42
Wipro touched an intraday high of Rs 640.70 and an intraday low of Rs 631.25. At 12:33 pm, the share was quoting at Rs 638.50, up Rs 9.45, or 1.50%. According to the sources, Goldman Sachs is going to issue IT contract worth USD 500-700 million. The contract to span across 5-6 years. TCS , Infosys , Wipro, HCL ,Cognizant and IBM are in race, reports CNBC-TV18. Contract is to create R&D functions, software database. The bids for Goldman Sachs contract is likely to begin by April 2010, reports CNBC-TV18.
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