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Wipro expects spending delays in some sectors

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Reuters Mumbai

Wipro Ltd, expects clients in the retail, investment banking and telecom sectors to delay spending on technology services due to global economic uncertainty, its chief financial officer said.

The company, however, expects most other technology spending budgets to remain unchanged in 2012, Suresh Senapaty told reporters, after the company reported a 10% rise in fiscal third-quarter net profit.

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First Published: Jan 20 2012 | 12:00 AM IST

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