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Trump is officially a risk for this Indian tech firm [CNNMoney.com]

WIPRO (WIT)  More Company Research Source: CNNMoney.com
Last wipro earnings: 10/18 04:01 pm Check Earnings Report
US:NYSE Investor Relations: wipro.com/investors
PDF Indian tech firm makes it official: Trump is a risk to its businessOne of India's biggest outsourcing firms has formally called out President Trump as a danger to its business.Bangalore-based Wipro has included Trump's election as U.S. president in a list of "risk factors" in its latest filing with the Securities and Exchange Commission."Significant developments stemming from the recent U.S. presidential election could have a material adverse effect on our business," Wipro said.It called out Trump's opposition to the North America Free Trade Agreement and his advocacy for "greater restrictions on free trade" as specific risks.Related: Trump's renewable energy cuts alarm former officialsWipro, much like its peers Tata Consultancy Services, Infosys(INFY), Tech Mahindra and others, depends heavily on the U.S. The company gets more than half its total revenues from U.S. clients.But Trump and his administration have accused Indian firms of using the popular H-1B work visa program to send m [Read more]

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