India's Wipro shares gain on acquisition, order win report
MUMBAI Dec 10 (Reuters) - Wipro Ltd, India's No.3 software services provider, gained 2.5 percent in pre-open trade after the company in a statement on Sunday said it would acquire L.D. Waxson Group, a Singapore-based consumer goods company, in an all-cash deal worth about $144 million.
Dealers also attribute gains to reports in the Economic Times newspaper that Wipro has bagged a $200-million (10.9 billion rupees) technology service contract in Europe, citing a person with direct knowledge of the negotiations.
link.reuters.com/myp54t (Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Anupama Dwivedi)
- Tweet this
- Share this
- Digg this
- Bangalore-bound Malaysian plane lands safely after landing gear scare
- UPDATE 2-Malaysia Airlines plane returns safely after landing gear scare
- Bangalore-bound Malaysia Airlines plane to make emergency landing
- Calls to U.S. poison centers involving e-cigarettes jump - CDC
- Bangalore-bound Malaysia Airlines plane returns safely after landing gear scare
Nitin Gadkari, former president of the Bharatiya Janata Party and a member of the BJP’s manifesto committee, speaks to Reuters. Here are the edited excerpts. Full Article