'Wipro not interested in Satyam'
Wipro chairman Azim Premji said Wipro isn't interested in taking over the tainted Satyam Computers Limited. At the same time, Wipro is not soliciting them. If they come forward the company will not hesitate, he said.u00a0u00a0
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The company has posted net profits of Rs 1003.9 crore for the third quarter of the fiscal with a growth of 17.55 per cent over the same period last year. Total revenue for the same period was at Rs 6634.3 crore with 24.24 per cent growth over the same period last year.
He expressed the hope that US president Obama will show the necessary leadership skills to tide over the current crisis caused by recession.
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He said that Indian economy is very strong and it will not get affected further from any variations from the Europe and US markets.
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According to him Indian economy will remain strong. However Wipro is taking cautious steps for the future. There won't be any more hiring including any campus recruitments, he said.u00a0 The company will increase productivity by improving available resources.
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