Former TCS BPO chief Abid Ali Neemuchwala, who joined the company last month as the Group President and Chief Operating Officer (COO), has been inducted into the core group.
Rohan Shah, Managing Partner, ELP told CNBC-TV18 that in the short-term the tax for Corporate India has gone up and the hike in service tax was also on cards.
Wipro Ltd today said it will fully acquire LD Waxsons Group, a Singapore-based fast moving consumer goods (FMCG) company for an all cash consideration of about USD 144 million (nearly Rs 790 crore).
Breaking up the earnings results for CNBC-TV18, Vineet Agrawal, president-cons care & lighting at Wipro Consumer says the company has witnessed a robust growth of around 30% across categories.
In an interview to CNBC-TV18, Vineet Agrawal, president-consumer care & lighting, Wipro says, the year has gone well for the company largely because ‘Santoor‘ has done well. "We would like to outperform the industry growth going forward," he adds.
This week's top story can be described in 3 pithy words- AAR YA GAAR. Payaswini Upadhyay explains the rest.
When one buys a company, it's wise to set aside the acquirer's mindset of 'let me show you how to do it', says Vineet Agrawal
Wipro Consumer Care & Lighting had turnover of about Rs 755 crore and an operating margin of about Rs 90 crore in the first quarter, said Vineet Agrawal, President--Consumer Care and Lighting, Wipro. He expects the company to maintain operating margin around 12% ahead.
Margin of Wipro’s consumer care unit has contracted in the December quarter. Vineet Agrawal, President--Consumer Care and Lighting is expecting margins to stablise at current levels.