Wipro eyes 2-4% sequential revenue growth in Q1, closed 12 deals last qtr business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
India’s deal street continues to be active even though the Covid-19 pandemic is still raging in parts of the country. Tech Mahindra on Monday said it will acquire a 70 per cent stake in Perigord Asset Holdings Ltd (Perigord) for an undisclosed sum.
Perigord specialises in providing end-to-end packaging supply chain solutions to the life sciences industry such as artwork & labelling services, strategic consultancy and outsourcing.
Tech Mahindra will acquire the Indian subsidiary of Perigord Perigord Data Solutions India Pvt Ltd and Perigord Premedia (India) Pvt Ltd, while Mahindra Engineering Services (Europe) Ltd, a group firm, will acquire the other legal entities of Perigord.
Wipro s Capco buy gets IT firm a seat in big consulting league indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
India: Wipro to buy UK consultancy Capco for $1.45b
Photo: Reuters
March 5, 2021
Wipro Ltd on Thursday said it has agreed to buy British consulting firm Capco for $1.45 billion in cash, in the company’s biggest bet since it was founded.
Capco has a team of more than 5,000 business and technology consultants across 30 locations, and is expected to bolster Wipro’s position in the financial services industry, which contributes about 30% to the company’s revenue, the Bengaluru-based company said in a statement.
“Together, we can deliver high-end consulting and technology transformations and operations offerings to our clients,” said Thierry Delaporte, chief executive officer and managing director of Wipro.
Read more about Top headlines: Govt to privatise profit-making PSUs, Wipro to buy Capco on Business Standard. 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.