IT services firm Wipro has largely satisfied the Street with their above expectation June quarter results, but analysts have remained skeptical about the company’s target on restructuring certain business units as it shifts focus to high growth digital areas.
Wipro is currently rejigging its businesses in India and West Asia by shifting focus from the government segment to private enterprise while moving away from low-end commoditised services business through high-end digital offers. Similarly, it is also in process of restructuring its global health care business after the Donald Trump government decided to scrap the Obamacare project last year. Obamacare or