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Wipro to merge five wholly-owned subsidiaries with itself after board approval

Wipro to merge five subsidiaries with itself

Wipro to merge five subsidiaries with itself

Wipro Ltd, which on Wednesday announced that it closed the second quarter of FY24 with a lower revenue and after tax profit as compared to the previous year's corresponding period, also said it will merge five of its wholly-owned subsidiaries .

icici bank: ICICI Bank gets RBI nod to make I-Process Services as wholly-owned subsidiary

ICICI Bank said that it has received RBI s approval to make I-Process Services (India) Private Ltd a wholly-owned subsidiary of the lender. The board of the bank had, at its meeting held on February 17-18, 2023, approved a proposal for making I-Process Services (India) Private Limited (iProcess) a wholly-owned subsidiary of the bank. The bank currently holds a 19 per cent stake in iProcess.

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