IT firm Wipro to buy US-based Alight's India ops for $117 million

India's third-biggest software services exporter, Wipro Ltd (WIPR.NS), said on Friday it would buy U.S.-based Alight Solutions' India operations for $117 million in cash.

By Reuters  
Saturday, July 21, 2018

India's third-biggest software services exporter, Wipro Ltd (WIPR.NS), said on Friday it would buy U.S.-based Alight Solutions' India operations for $117 million in cash.

Wipro said it would buy Alight HR Services India Pvt Ltd, which is Alight Solutions' captive operations in India.

The deal is expected to be completed in the quarter ending September.

Related Stories

Blackberrys to focus on up-skilling the workforce for better service
Blackberrys to focus on up-skilling the workforce for better service
Wipro posts 39.5% Y-o-Y growth in net profit for December quarter
Wipro posts 39.5% Y-o-Y growth in net profit for December quarter
Parag Milk Foods launches premium milk at Rs 120 per litre in Delhi NCR
Parag Milk Foods launches premium milk at Rs 120 per litre in Delhi NCR

Latest Stories

Uri Box Office Collection Day 8: Vicky Kaushal's film makes more than Week 1 earnings of Raazi, Stree, Badhaai Ho
Uri Box Office Collection Day 8: Vicky Kaushal's film makes more than Week 1 earnings of Raazi, Stree, Badhaai Ho
Why Cheat India Box Office Collection Day 1: Emraan Hashmi film could be his lowest opener so far
Why Cheat India Box Office Collection Day 1: Emraan Hashmi film could be his lowest opener so far
Reliance's entry into e-commerce will reduce digital colonisation, says former Infosys CFO Mohandas Pai
Reliance's entry into e-commerce will reduce digital colonisation, says former Infosys CFO Mohandas Pai
SPONSORED