MUMBAI Dec 10 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.
(Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by