Wipro stock rallies on reports of eyeing three start-ups

Business

oi-Sunil

By Sunil Fernandes

Published: Wednesday, August 20, 2014, 10:31 [IST]

Reports that tech major Wipro was eyeing three start-ups pushed the stock higher in trade today. The shares were last trading 1.3 per cent higher on the Bombay Stock Exchange at Rs 553.

The Times of India reported that India's third-largest IT services company is in talks with startups Flytxt, 99tests and Avekshaa Technologies for strategic tie-ups. Premji's team recently visited the Nasscom Startup Warehouse in Bangalore, the report said.

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