WPIL
Ltd has entered into a definitive Share Purchase agreement for 100%
shareholding of Italian pump major Gruppo Aturia Spa consisting of
Aturia and French subsidiary Pompes Rutschi SAS and Swiss subsidiary
Rutschi Fluid AG. The move is good to increase market share in the German and Italy.
IMF cuts global growth forecast; expects Indias GDP at 7.5% in FY20.
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