Wipro shares gain 3% after bagging Olam deal worth more than $1 billion

Wipro Limited share price surged 3 following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam's IT division, Mindsprint. The partnership aims to enhance Olam's operations across its entire value chain. This engagement marks a major expansion for Wipro in the food and agri-business sector.