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CAPCO ACQUISITION
ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...- Europe emerges as hotspot for Indian IT M&As, tops buy chartIndian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North Ame...
- I was brought in to transform, take tough decisions: Wipro CEO Thierry DelaporteIn an exclusive interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal, Delaporte said the company is taking bold bets ...
- Wipro will grow double digits this year again, says CEO Thierry Delaporte“There is no reason to be worried. The business is good but there is a kind of uncertainty now that we did not have a year ago and that is ...
- Wipro expects more than 25% YoY growth this fiscal: Thierry Delaporte“We want to focus our attention in the near future around cloud, engineering services, data, security and digital transformation. This is w...
- Buy Wipro, target price Rs 743: ICICI DirectWipro Ltd. key Products/Revenue Segments include Software Services, Networking, Storage equipment, Servers, Software Licenses for the year ...
- In Q2, Wipro will hit $10-billion revenue & gear up for next stage of growth: Thierry Delaporte“In Q1, we are seeing very modest growth in APMEA (Asia Pacific, Middle East and Africa) and we should start to see a little more growth th...
- Wipro business grows 21% in Q1, ‘best ever’ quarterOn a reported basis, the company’s revenue was up 25.7% to $2.4 billion, which meant Wipro added $262 million in revenue in the last 90 day...
- Wipro raises forecast after completing Capco acquisition, to grow 8-10% in Q1Wipro now expects revenue of $2.32-2.37 billion for the April-June quarter, compared with the guidance of $2.19 billion to $2.23 billion gi...
- Wipro secures $1 billion ‘club loan’ to fund its Capco acquisitionThe Wipro-Capco deal is the boldest bet by Wipro Chairman Rishad Premji and CEO Thierry Delaporte as the duo look to shed the company's ima...
- Wipro may raise over $ 1 billion to part fund Capco dealWipro has a cash balance of $5.8 billion but an overseas fundraising will pave the way for future acquisitions and business expansion.
- Wipro's Capco acquisition may face challenges due to revenue stagnancy, integration: analystsWhile the Bengaluru-headquartered IT services company’s bold decision to acquire Capco for $1.45 billion, biggest so far, is expected to gi...
- Most brokerages maintain neutral view on Wipro post Capco dealBrokerages said they will watch out for signs of smooth integration of this acquisition before cheering the deal.
- Wipro's $1.45 billion buyout is unlikely to give its stock price a lift. Here's whyAnalysts noted that the acquisition will dilute Wipro IT services EBIT margins by 200 bps in the first year, a large component will be a no...
- Wipro to acquire UK’s Capco for $1.45 billionAnnouncing the all-cash deal, which ranks among the largest acquisitions by an Indian IT services company, the Bengaluru-headquartered IT m...
- Wipro to acquire UK-based Capco for $1.45 billionThe Wipro-Capco deal, among the biggest buyouts in the Indian IT space, marks the fourth acquisition by the Bengaluru-based firm since July...
- Wipro's $1.45 billion Capco deal unveils its bold and ambitious avatarIt would be difficult to brush it off as just another acquisition not only for its size, but also for the potential it holds for Wipro, whi...
- i-flex to buy S'pore arm of CapcoIT solutions provider i-flex solutions on Wednesday announced that its Singapore headquartered subsidiary, i-flex solutions, has entered in...
- i-flex Singapore unit to acquire Capital MarketsIT solutions provider i-flex solutions on Wednesday announced that its Singapore headquartered subsidiary, i-flex solutions Pte Ltd, has en...
- i-flex may buy Capco's unit for $150mSoftware major i-flex plans to buy the Asia-Pacific operations of Capco in a deal worth $100-$150 million.
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