Wipro getting into Retail segment in India?

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September 7th, 2008 Leave a comment Visited 32 times, 1 so far today

Wipro getting into Retail segment in India?

Wipro promoter Azim Premji has acquired a 10 per cent stake in Indian retailing giant Subhiksha.

The deal is worth around Rs. 230 crores.

He picked up this stake through his personal investment entity Zash Investments.

This stake was acquired from ICICI Ventures.

Premji also hold minor stakes in other retailing companies including Kuotons Retail and Himatsingka.


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Author Manuj Kumar   Category: Retail Segment

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One Comment

  1. #
    Mr Haza
    October 30th, 2008 at 1:29 pm

    Dear Mr Premji,
    We have best location if required for out right sale by you at chandrapur Maharashtra in case you set up your mind to enter the retail segment please consider the praposal.

    Kind reagrds,
    Mr. Haza.

    Reply to this comment

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