A long, quiet year at the party house has kept them planning for the future inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.
Here s a list of stocks that may remain in focus today.
UPL: Shares of UPL will continue to be in focus on Friday after the management clarified that the matter flagged by a whistleblower was an old matter and was reported to the audit committee in 2017. After an independent probe, the matter was closed, it said.
PNC Infra: PNC Infratech Limited in Joint Venture with SPML Infra, has announced receipt of Letter of Acceptance (LOA) for an EPC roject for 10 years of Rural Water Supply Project in 952 villages in Devipatan Division of Uttar Pradesh. Approximate value of the Project is Rs 952 crore.
India: Wipro Infrastructure acquires industrial automation firm PARI
Photo: Reuters Premium
Continue reading this story with a subscription to DealStreetAsia.
Contact us for corporate subscriptions at subs@dealstreetasia.com.
Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday
REGISTER stories left placeholder You have one free story left this month. You have stories left placeholder free stories left this month. This is your last free story of the month. Register to continue reading our free content. ×
We will never share your information with third parties.
If you don’t already have an account click the button below to create your account.Sign up here
The Bengaluru-headquartered company didn t reveal finances of the deal to bag India’s largest automation company. “PARI brings in the domain expertise, technical capability and customer centricity for turnkey automation solutions. It has rich experience and completes our overall proposition to serve globally going forward,” said G Sundararaman, Senior VP and Business Head, Wipro Infrastructure Engineering (WIN) Automation. With this acquisition WIN Automation will be focussing on segments such as engineering, aerospace, railways, hybrid industries like pharma and FMCG to provide turnkey solutions in industrial automation. PARI which has an annual turnover of Rs 500 crore is the largest automation company in India which exports end-to-end automation solutions to companies worldwide including Ford, Suzuki, Renault, Daimler. Automotive manufacturers such as Tata Motors and Maruti are some of their customers in India.
Wipro buys automation firm PARI thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.