Revival in the IT industry is concrete and upholding, as development during the preceding two-three quarters has been outstanding, Wipro chairman Azim Premji stated.

TAQA, leading Abu Dhabi- based National Energy Company, has announced that it has inked a five-year contract with India's Wipro Limited.

The contract has been signed in order to supply infrastructure operations as well as application management services.

Wipro Limited is a largest provider of information technology services.

According to the agreement, Wipro will install an offshore development centre in the southern Indian city of Chennai, which will be on stream by November 1.