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WIPRO DE MERGER
DTC and staples snapped up, FMCG cos are gunning for snacks nowThe Indian FMCG sector is witnessing a surge in mergers and acquisitions, with Britannia reportedly in talks to acquire Kishlay Foods. This...
Infosys drops 2% ahead of its Q2 earningsThe Street expects the country’s second-largest IT company to report double-digit profit growth in the September quarter due to strong orde...
Aditya Birla Capital listing in six weeks: Sushil Agarwal, Group CFOThe listing is on the way that is the last piece which is left for financial services business, says Sushil Agarwal, Group CFO, Aditya Birl...
Azim Premji's Wipro Consumer Care and Lighting, a dragon in tiger economiesWCCLG generates more than 50% of its revenue from int'l mkts through a string of acquisitions boosting its foot print across SE Asia, Middl...
Infosys sales from telecom, energy may double by 2017Infosys aims to more than double revenues from energy and telecoms verticals by 2017, as it looks to tap opportunities in upstream oil and ...
Blue chips Wipro, Tata Steel & Hero Motocorp lose sheen: Are they worth investing in?These three stocks may have created wealth in the past but are now struggling. Find out if they are worth investing in.
Brokerages lower Wipro’s price targets post disappointing resultsMost brokerages have lowered their price targets on the stock factoring Q4 results and de-merger of its non IT business.
Growth at Wipro remains elusive, says JefferiesThe brokerage has cut its earnings estimates sharply over FY14/15 (12-17 per cent) on concerns of de-merger of the non-IT business and slug...
Expect Nifty to remain in 5500-5800 range in short-to-medium term: Mayuresh Joshi, Angel BrokingFrom a short to medium-term perspective, the markets might trade in a very tight range between 5500 and 5800.
- Wipro restructuring a step in the right direction, say analysts
“De-mergers create shareholder value because they give people the choice to invest in one company or the other,” says Prashasta Seth of IIF...
Wipro tanks 8% on disappointing Q3 results, brokerage downgradesAlthough Wipro’s results were better than estimates, the wide guidance band for Q4 revenue growth and fall in volume did not enthuse much c...
M&A deals had a strong showing in the second half of 2012 after an initial period of lethargyThe first six months were drenched in despondency followed by a resurgent second half. Deal-making in India in the backdrop of strong globa...
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...
Institutional investors call Wipro demerger a fair dealWipro’s demerger of its non-IT biz has received a thumbs-up from institutional shareholders in the company, contrary to claims by a proxy a...
- Wipro on right track with de-merger but Infosys has become very conservative: Sudip Bandyopadhyay
In an interview with ET Now, Sudip Bandyopadhyay, MD & CEO, Destimoney Securities Pvt. Ltd., talks about the market and shares his stocks r...
- There will be no re-branding after the de-merger: Vineet Agrawal, Wipro Consumer Care and Lighting
There would not be any re-branding. There is no need for it because we continue to be a Wipro Group company, says Vineet Agrawal, President...
- Positive on structural changes in Wipro: Aniruddha Mehta, IIFL
"Though results have disappointed a bit, we continue to remain positive on the structural changes happening at Wipro," says Mehta.
ET View: Wipro Q2 results is a mixed bagWipro added 53 customers in the second quarter, its best showing since the fourth quarter of the last fiscal when it added 68 clients.
- Insurance offshoring business to touch $1bn by 2010
The sector currently has 41,600 people on its payrolls and generates an estimated revenue of $790 million, says a KPMG report.
- Foreign CEOs to aid India in global drive
In a sign of the times to come, some companies already have foreign executives on board.