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Avendus Capital News
Construction firms pin hope on road, rly to improve order books When engineering and construction company Larsen and Toubro Ltd (L&T) declared its annual results earlier this month, it gave a bright outlook for the current financial year, saying it expected order inflow to grow 15-20 per cent. Engineering company Thermax Ltd, too, projects a similar outlook. L&T expects the orders deferred in the fourth quarter of the last financial year to come in this year, boosting
Clicking on a new chapter
When myriad portals selling everything from personal items like apparel and shoes to financial products like insurance and mutual funds cropped up over the past couple of years, many said
FM defers GAAR markets sigh in relief
Indian shares staged a smart recovery on Monday, amid a sea of red in the global markets, after the government deferred by a year implementation of a controversial tax rule that would have hit
Wipro buys Australian analytics firm
Global software major Wipro Ltd has acquired Australian-based analytics firm Promax Applications Group for Australian $35 million (Rs.189 crore).
Wipro to acquire PAG
Bangalore/Sydney, May 1 (IBNS) IT major Wipro Limited (NYSE:WIT) Monday announced that it has signed an agreement to acquire Promax Applications Group (PAG), a leading player in trade promotion planning, management, and optimization solutions space for a total purchase consideration of AUD 35 Million.
Wipro to buy analytics firm Promax for $36 mn
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