Reuters logo
India's Wipro to demerge consumer care, medical diagnostics businesses
November 1, 2012 / 3:56 AM / 5 years ago

India's Wipro to demerge consumer care, medical diagnostics businesses

BANGALORE, Nov 1 (Reuters) - Wipro Ltd, India’s No. 3 software services provider, will demerge its consumer care and medical diagnostics units, the company said in a statement to the stock exchanges on Thursday.

Wipro will continue to be a publicly listed company that will focus exclusively on information technology. The board will remain unchanged and the demerger will have no impact on the management structure of the company, the statement said. (Reporting By Harichandan Arakali; Editing by Jijo Jacob)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below