Wipro Limited (WIT)

Trump's pro-business policies to benefit India's IT sector, Wipro chair says

Donald Trump's presidency in the United States is going to be "pro-business and pro-growth" and good for the tech services industry, Wipro Executive Chairman Rishad Premji said at an event in the southern Indian city of Bengaluru on Tuesday. Indian companies and investors will keep a close eye on Trump's return to the White House to assess the impact of his policies on the country's $254 billion IT services industry. Premji said the conversation on fewer taxes and regulations during Trump's presidency could be powerful and "bodes well for the business and how customers will spend."

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