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Business magnate Azim Premji makes a significant splash with a whopping Rs 3.397 billion deal to acquire [company], potentially shaking up the market and posing a challenge to the likes of Ratan Tata’s TCS and Narayana Murthy’s Infosys.

Azim Premji, the chairman of Wipro, has made a significant move in the Indian IT industry by signing a Rs 3,397 crore deal to acquire a majority stake in a leading IT firm, posing a big challenge to Ratan Tata’s TCS and Narayana Murthy’s Infosys. The deal...