Wipro’s Large Deals Tumble 59% as IT Services Revenue Stays Flat

India’s tech giant Wipro’s IT services revenue remained flat sequentially in constant-currency terms in Q2 FY27. Its large-deal bookings fell 58.6% to $ 674 million from $ 1.63 billion. CEO Srini Pallia identified artificial intelligence (AI) as a long-term growth driver, although the company did not disclose how much revenue its AI business generated during the quarter.