Wipro bets on $1.6-billion Alight deal to tide over growth woes

According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business

After several quarters of slow growth, IT major Wipro is seen to have regained the momentum with the clinching of the $1.6-billion Alight deal earlier this month. 

The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.

“This is the second mega deal for Wipro in the past four years after the ATCO contract. Taken together, these deals help address the persistent growth issues that Wipro has experienced in the past couple