Wipro consolidates non-IT business to new entity

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Nov 1, 2012: Wipro has decided to consolidate all its non-IT business under a new entity named Wipro Enterprises Ltd. The current entity Wipro Ltd will continue to focus on IT services with Azim Premji continuing as its Executive Chairman. He will take up the role of non-executive Vice Chairman in the newly formed entity. The company has constituted a panel of experts to oversee this de-merger.