Wipro clarifies on Capgemini buy talk

Wipro today in a release to the BSE have clarified that the company has not been in discussion with Capgemni for either merger or takeover of the company.

Wipro issued the following release to the BSE today, "Wipro Ltd (NYSE:WIT), on behalf of all Companies in the Wipro group, including Wipro Technologies, its global IT services Division, at the request of French Securities Regulatory Autority Autorite des marches financiers (AMF) confirm that they have not recently been, and are not in discussions with and / or in relation to Capgemini, the French Euronext listed group, on merger / takeover of Capgemini."