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Thursday, November 1, 2012 - 13:22 IST
Wipro to demerge non-IT businesses
BY TEAM VCC
The demerger will also help Wipro Ltd increase the public float to meet the 25% minimum public holding limit by mid-2013; Premjis currently own 78%.
Wipro Ltd is demerging its non-IT businesses including Wipro Consumer Care & Lighting (including the furniture business), Wipro Infrastructure Engineering (hydraulics & water businesses) and the medical diagnostic products & services business (through its strategic joint venture), into...
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