LIVE MARKET TRACKER :   BSE SENSEX   22628.84      |    NSE NIFTY 6779.40    
GLOBAL MARKETS :  NASDAQ 4095.516   +0.23%    |    FSI London 6625.25   +0.62%    |    NIKKEI Japan 14516.27   +0.68%
  USD GBP EUR CAD AUD INR
USD - 0.5957 0.7241 1.1028 1.0724 60.29
GBP 1.6795 - 1.2161 1.8521 1.8011 101.2571
EUR 1.3815 0.8229 - 1.5235 1.4815 83.2912
CAD 0.9076 0.5406 0.6572 - 0.9733 54.7205
AUD 0.933 0.5558 0.6756 1.0289 - 56.2506
INR 0.0166 0.0099 0.012 0.0183 0.0178 -
Indian-Commodity  :  Corporate  :  Wipro divests 'Sunflower' brand Vanaspati to Cargill

Wipro divests 'Sunflower' brand Vanaspati to Cargill (11-Dec-2012)

Wipro and Cargill have signed an agreement wherein Cargill will acquire Wipro's Vanaspati brand 'Sunflower'. The scope of the acquisition is limited to the product brand only. The Sunflower Vanaspati business was about 1% of total Wipro Consumer Care and Lighting revenue. Acquiring Sunflower Vanaspati underscores Cargill's long-term commitment to growing its consumer food business in India.

Wipro has identified its core market segments to be Personal Care, Skin Care, Wellness and Lighting and in line with its strategy the company divested the Sunflower Vanaspati business.

Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, IT enabled services, package implementation etc. It also has a strong presence in niche market segments of Infrastructure Engineering and Consumer Products & Lighting.


Top News Today
IMC to discuss upon coal bidder's concern in its meeting on Thursday
(17-Apr-2014)

IMC to discuss upon coal bidderWith the government having initiated the process of auctioning coal blocks, bidders have raised concerns on several serious and trivial issues, including discrepancies in reserves in the biggest of the......click on news to read complete article.

Retail Inflation snaps three months easing trend at 8.31% in March
(16-Apr-2014)

Retail Inflation snaps three months easing trend at 8.31% in MarchQuestioning the assumptions which that worst is over for Asia's third-largest economy, the provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) disappointed......click on news to read complete article.

India's share in global exports remains unchanged in 2013
(15-Apr-2014)

IndiaIndia's share in global exports and its ranking amongst top exporters remained unchanged in 2013. Although, the country posted a 5 per cent rise over the previous year, by exporting goods worth $312 billion......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals
(18-Apr-2014)

Asian markets trade mostly higher in early dealsMost of the Asian equity counters are trading in the green terrain in early deals on Friday due to reassuring comments from the Federal Reserve chief. Gains, however, were modest on growing concerns about......click on news to read complete article.

US markets conclude the week with solid gains
(18-Apr-2014)

US markets conclude the week with solid gainsThe US markets closed mostly up on Thursday, with four straight day of increases on the S&P 500 index and Nasdaq Composite ended the holiday-shortened week with solid gains. The weekly gain was......click on news to read complete article.

Asian markets trade mixed in early deals
(17-Apr-2014)

Asian markets trade mixed in early dealsAsian equity markets are trading mixed in early deals on Thursday as U.S. industrial production increased more than forecast in March and Federal Reserve Chair Janet Yellen said the central bank remains......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.