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WAXSON ACQUISITION
Wipro consumer to push global brands in IndiaSantoor, which has crossed Rs 1,900 crore in sales, has a 9.4% share within soaps and is among the country’s top three soap brands with HUL...- Azim Premji builds global FMCG play, Wipro Consumer Care and LightingWCCL is set to become the first homegrown consumer products company to report 50% of its revenues from international operations.
- Expect to maintain margins in 11.5-12% range going forward: Vineet Agrawal, Wipro Consumer CareThis quarter has been good for us. As always, Santoor has powered ahead. It is growing well, says Vineet Agrawal.
- Investors have nothing to cheer about Wipro's acquisition of L D Waxson GroupThe acquisition will help Wipro make further in-roads in the markets of Singapore, Malaysia, China, Taiwan, Hong Kong and Thailand.
- Wipro gains nearly 3% on Singapore acquisition, $200 million order win reportThe country's No 3 software services provider said it has bagged a $200-million, five year technology service contract in Europe.
- Acquired Waxson for $144m at 2.1 times valuation: Vineet Agrawal, Wipro Consumer CareWe paid about $144 million, it is important because it gets us a much stronger entry into skincare, says Vineet Agrawal, Wipro Consumer Care
- Wipro to buy Singapore's LD Waxson's for Rs 786 croreThe acquisition will give Wipro a leadership position in facial skincare market in Singapore, as well as help Indian company to expand in C...
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