Indian IT giant Wipro has won a $1 billion contract from Alight Solutions,

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the former benefits administration and human-resources outsourcing business of Aon Plc, reported Mint.

Both the firms are now in final stages of closing the partnership whose duration can extend well over seven years, the report said citing people close to the development.

The partnership with $140 million in annual revenue will translate into $980 million over the duration of the contract, the report said.