Wipro Managed Ten Year Project From Lodha Group

Wipro Infotech has managed to get a ten year project worth Rs. 1.3 billion from Lodha Group. Wipro will provide IT and business transformation services to Lodha group in India and Middle East. Wipro InfoTech is a leading IT company in India. Lodha group has started a new path to get a premier position in the dynamic real estate market.
Lodha Group is a leading real estate project in Mumbai. It has a land bank of 6000 acres. The group is developing multiple projects in and around Mumbai. It is focusing on the development projects of offices, campuses, SEZ’s and townships and keen to enter in southern and western markets
The deal was announced by Lodha group director, Abhisheck Lodha. He expressed happiness on becoming technology partner with India’s leading IT service provider Company, Wipro info tech. chief executive of Wipro Infotech, Anand Sankaran expressed hope of successful completion of the project. He said that company will deliver its IT related services to make the group, a leading player, in real estate business.
The shares of wipro witnessed a fall of Rs 3.55, or 0.87% as per data shown by BSE.

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  1. Posted July 28, 2008 at 3:28 am | Permalink

    Realtors like Akruti, Kalpatru, K. Raheja, and Nirmal Lifestyle have joined hands with about 200 brokers to form ‘The Real Club’. According to Mr. Sandeep Sadh, realty consultant and founder-coordinator of the club said, “People associated with this industry are not looked upon favourably. Our attempt is to bring professionalism in this industry and offer good services.” But housing activists have dubbed this move as a form of cartel to resist lowering realty rates. “Their aim is to form a pressure group so that realty rates are not lowered,”said an activist. However, Mr. Sandeep Sadh remarked that it is ‘purely a business network’.For more view- realtydigest.blogspot.com

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