Fall of Citi groups

well well well the recession is affecting India in a larger scale making many Information Technology company succumb. Recently the Citi Group of companies faced a big recession leading to the total downfall of te company and its shares and the Wipro has now offered to buy the company at a price of just $123 million and they have successfully bought the company. Seems that Wipro still has many projects and offer still remaining in hand to be completed.