IT services major Wipro on Thursday said it has completed the takeover of Metro-NOM GMBH and Metro Systems Romania SRL for 52.04 million euros (about Rs 448.6 crore)
Ampion was formed through the merger of IT services providers Revolution IT and Shelde
The appointment comes along with several other key ones that the company has made recently as its restructuring plan
With the Series C round, beauty brand MyGlamm becomes the fastest beauty brand to cross the $100 million valuation mark in just three years of launch.
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Bruno joins Wipro from DXC Technology where he was Vice President and MD of Southern Europe. He also worked with Dell for 14 years
An up move above 26,000 levels may trigger a rally towards 27,000-mark in the Nifty IT index
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Intent to scale up BFSI portfolio is positive but analysts see integration and execution risks
Is CEO Thierry Delaporte's attempt to bolster Wipro's presence in the BFSI space by acquiring Capco for $1.45 billion a step taken too soon?
On the upside, ONGC, Maruti Suzuki, Nestle India, Titan, Reliance Industries, and L&T supported the markets with up to 2.5 per cent gains
IT services major Wipro's shares on Friday went down nearly 4% in early trade after the firm said it has signed an agreement to acquire Capco
A breakout may lead the stock to Rs 480 and Rs 500 levels
Wipro on Thursday said the acquisition will provide it access to 30 new large banking and financial clients and strengthen its position in the BFSI sector
Indiabulls Housing Finance has raised $150 million by issuing foreign currency convertible bonds, the company said
Many states are open to the idea of petrol and diesel being brought under the goods and services tax (GST) regime - contrary to the perception that they are averse to it.
The acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to BFSI
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 30, 2021
So far the company has raised $103 million, including a $30 million capital fund announced in June last year
Mulder said he looked forward to leveraging his industry experience to help further clients' digital agenda and strengthen Wipro's footprint in Switzerland