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IT services company Wipro's USD 375-million acquisition of HARMAN's Digital Transformation Solutions (DTS) business unit has been completed following regulatory nods, according to a release on Tuesday. The DTS buy was announced on August 21, 2025, and, with the successful closure of the deal, it will begin operating as part of Wipro's engineering global business line, the Bengaluru-headquartered IT company said in its release. "The acquisition of DTS marks a significant milestone in Wipro's commitment to advance AI capabilities, engineering innovation and R&D excellence," the release said. It is pertinent to note that on August 21, Wipro said it has signed a definitive agreement to acquire a 100 per cent stake in the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, for a cash consideration of up to USD 375 million (about Rs 3,270 crore). Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, ..
Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11 per cent to Rs 1.11 lakh crore in the financial year ended March 2025. According to a RoC (Registrar of Companies) filing, Samsung India Electronics had reported a revenue from operations of Rs 99,541.6 crore on a consolidated basis in the preceding financial year ended March 2024. In FY25, Samsung's revenue from operations crossed the Rs 1 lakh crore mark. Its total consolidated income, including other income, had already exceeded this mark a year before. It was at Rs 1,06,283 crore (1.06 lakh crore) in FY24. An email sent to Samsung India Electronics seeking comments remained unanswered. Samsung India Electronics gets its major contribution in the topline from the mobile phone business. Part of the South Korean chaebol Samsung Electronics operates in segments such as mobile phones, tablets, televisions, home appliances and computers in the Indian market. It is the only