Wipro wins $1.5 bn multi-year deal from US firm
Bengaluru, Sep 2 : Global software major Wipro on Sunday said it had won a $1.5 billion (10,500 crore) 10-year deal from the US-based technology firm, Alight Solutions LLC.
"We have won a 10-year engagement to provide a suite of solutions and services to the Illinois-based Alight Solutions, a leader in technology-enabled health, wealth, human resources and finance solutions," said the city-based IT major in a statement here.
Claiming the deal to be its largest win so far, the company said it would generate $1.5-1.6-billion revenues over the tenure.
"We were chosen by Alight as its long-term strategic partner in its enterprise transformation journey to bring digital experiences and offerings to employees and employers globally," said Wipro Chief Executive Abidali Z. Neemuchwala in the statement on the occasion.
The deal will enable the digital transformation of Alight's offerings across health, wealth, HR and finance solutions and enhance the employee experience of its clients by leveraging Wipro's industry-leading strengths in digital technologies, cognitive automation and data analytics.
"Our industry-leading partnership with Wipro will enhance our client experience by drawing on its leading position in automation and innovation, while allowing us to invest in health, wealth and cloud-based solutions to meet the needs of our clients," said Alight Chief Executive Chris Michalak.
The deal is also a testimony to the capabilities Wipro built through its strategic investments in digital, cloud platforms and cognitive platform.
"We will leverage this expertise to digitalise and modernise Alight's core across platforms, technologies and operations," added the company.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
FIDE Women's World Cup final: Humpy draws with Divya in first game
Batumi (Georgia), Jul 26 (PTI): Young Indian International Master Divya Deshmukh held her nerves to hold stalwart Koneru Humpy to a draw in game 1 of the FIDE Women's World Cup final, with both players having their share of opportunities to take the lead here on Saturday.
The draw with black means Humpy, the two-time World Rapid champion, holds a slight edge going in the second and final game under the classical chess rules in the two-game mini-match, and should the deadlock continue, games of shorter duration will be played to determine the winner.
Humpy employed the Queen's gambit accepted as black and it turned out to be a pretty fascinating game right out of the opening as Divya, 19, came up with a piece sacrifice early to deny the black king the right to castle.
Humpy was the first to err and, according to computers, Divya had things under control on the 14th move. However in her bid to recover the extra material, the Nagpur girl, who has secured a place in the Candidates tournament with her sterling performance here, missed a promising continuation.
What followed the exchange of all minor pieces and the ensuing queen and rook endgame gave enough counter play to both players. The game was eventually drawn after Humpy sacrificed her rook to force perpetual checks.
"The game saw an extremely sharp battle with the game ending in a draw in 41 moves. On move 7, Divya made her aggressive intentions clear by offering another pawn,
which looked like home preparation. Humpy made a practical decision of refraining from taking the pawn and a balanced position was reached by move 10 by white," said Grandmaster Pravin Thipsay, an Arjuna awardee and the first Indian to get a chess Grandmaster norm.
"However, instead of developing the undeveloped Knight, Humpy retreated the centralised Knight on move 10, giving huge positional advantage to Divya. Divya could have gained huge positional advantage on the 12th move by moving a rook. However, she chose to play for King side attack by sacrificing a piece instead.
"Humpy, too, erred at this stage and instead of moving the King to Queen side, moved it to the King side. Divya, on move 14, could have obtained a crushing attack by threatening a mate by developing her Queen. Instead she chose to exchange a pair of Bishops first, which enabled Humpy to defend her King by returning the piece," said Thipsay.
"Players thus reached a balanced Queen and two Rooks ending. Divya continued to play ambitiously and tried to attack Humpy’s King but the latter defended accurately and the game was drawn in 41 moves by perpetual check," he added.
In the play-off for the third place, Chinese players Zhongyi Tan, the former women's world champion and top seed Lei Tingjie also decided to split points out of a Queen’s gambit declined game.
The opening raised visions of a close contest between the two but having been knocked out of title race in the previous round, none of them wanted to take any huge risk. It was still a middle game when the players shook hands.
With the top two positions sealed for the Indians, the berth to the next Candidates is also assigned, while the player finishing third will also get an entry to the premier event scheduled for 2026.
Results: Divya Deshmukh (Ind) drew with Koneru Humpy (Ind); Zhongyi Tan (Chn) drew with Tingjie Lei (Chn).
