Wipro Consumer Care And Lighting

Wipro Consumer Care and Lighting said the changing market and technology landscape in the lighting business marked by a sharp decline in the demand for CFL products.

Wipro Singapore Pte Ltd, a part of Wipro Consumer Care and Lighting, on Thursday said it will acquire 100 per cent stake in Zhongshan Ma Er Daily Products, a Chinese FMCG firm, in an all-cash deal.

Wipro Consumer Care and Lighting said the changing market and technology landscape in the lighting business marked by a sharp decline in the demand for CFL products.

Wipro Singapore Pte Ltd, a part of Wipro Consumer Care and Lighting, on Thursday said it will acquire 100 per cent stake in Zhongshan Ma Er Daily Products, a Chinese FMCG firm, in an all-cash deal.