Wipro
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After India's premier IT company Satyam admitted to a fraud of Rs 70 billion, the disclosure brought shock waves in corporate India. This plunged the market into a downward spiral.The thirty-share index Sensex shut shop at 9586, down 749...
Home Decor & Furnishing
Wipro opens furniture store in Kerala
Wipro Furniture Business, part of Wipro Consumer Care and Lighting Group, has extended its retail presence in smaller cities by opening a store in Kerala recently.Speaking on the occasion, Parag Kulkarni, vice-president, Furniture Business, said, "We are now focusing...
Retail
Abolition proposed on service tax on outsourced manpower
The service of outsourced manpower, which the retail sector in the country employs, is likely to be relieved from the service tax barrier.The high level group on service sector, constituted by the Prime Minister, has recommended that assessment of...
Retail
Apollo expanding chain of lifestyle clinics
Apollo Health and Lifestyle Limited (AHLL), a subsidiary of Apollo Hospitals group, plans to open 250 lifestyle clinics in next few years.“We have signed up for 20 more clinics in the next few months. The number would grow to...
Retail
Premji picks up stake in Marico
Wipro Group’s chairman Azim Premji has picked up a small stake in one of the country’s top FMCG companies Marico Industries.“This is Premji’s personal investment and he has picked up 1.24 per cent stake (75.72 lakh shares) in the...
Retail
Wipro buys Unza for $246 million
Wipro Ltd, India’s third-largest software services exporter, has bought Singapore-based FMCG company Unza Holdings Ltd for about $246 million in an all-cash transaction.New York-listed Wipro expects to complete the 100 per cent acquisition by end-July, it said in a...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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