Page 19 - Wipro

IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said

Stocks to watch: Bajaj Auto, Infosys, Wipro, Ruchi Soya, M&M, SBI Card, PNB

Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29

Top headlines: Rs 5K cr zero-coupon bonds for P&SB; Apple to expand in cars

From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning

Wipro to acquire IT verticals of Metro AG in a $700-million deal

As a part of this transaction, Wipro will take over the IT units of Metro AG - Metro-NOM GMBH in Germany and Metro Systems Romania S.R.L

Wipro's Rs 9,500-crore share buyback offer to open on December 29

IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.

SC stays criminal proceedings against ex-Wipro chairman Azim Premji, others

SC on Friday stayed criminal proceedings against former chairman of Wipro, Azim Premji, and his wife on their plea seeking quashing of the summons issued by a Bengaluru trial court

Nifty IT index, Infosys, TCS at record high; charts signal more upside

Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra

IT shares gain on Accenture's strong performance; Infosys, TCS hit new high

Nifty IT index hit a record high of 23,408, up 2% on the NSE

Azim Premji calls Covid-19 a magnifying glass for structural injustices

Says the pandemic has been a sharp reminder that the economy is a part of society and that human well-being matters in all its dimensions equally

L&T Infotech: New initiatives, deal wins to help maintain growth trajectory

Valuations, however, discount near-term gains on revenue visibility, execution

Sensex slips 144 pts as financial stocks, RIL decline; Nifty ends at 13,478

All that happened in the markets today

Nifty IT index hits record high; Infosys, HCL Tech, Coforge gain 2%

Digital acceleration, large deal wins, client mining, market share gains and margin improvement remain key long term drivers for IT sector, according to analysts

CEO Delaporte turning around Wipro as stock rally 70% since appointment

Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way

Wipro's Rishad Premji, CEO Delaporte to go for major change to boost growth

Starting from its experiment with joint CEOs in 2008 to being one of the first Indian IT services company to appoint a non-Indian CEO earlier this year, Wipro has taken many bold decisions

Market Ahead, November 19: All you need to know before the opening bell

Manufacturing made up 27.5 per cent of India's GDP in 2019, lowest in two decades, showing the share of the sector continues to shrink in the economy despite the government's Make-in-India push

Wipro sets December 11 as record date for Rs 9,500 cr share buyback plan

Its Board of Directors and shareholders have already approved its proposal to buyback up to 23,75,00,000 equity shares of the company at Rs 400 per share

Wipro shareholders approve up to Rs 9,500-cr buyback plan at Rs 400/share

IT services major Wipro on Tuesday said its shareholders have approved its up to Rs 9,500 crore share buyback plan. Wipro's board of directors had last month approved a buyback proposal for purchase of up to 23.75 crore equity shares at Rs 400 per share, aggregating to an amount of up to Rs 9,500 crore. "...resolution (special resolution seeking approval for buyback of equity shares) has been passed by members through postal ballot by remote e-voting process with requisite majority," the company said in a regulatory filing on Tuesday. The voting, which started on October 18 and ended on November 16, saw 99.78 per cent of the votes being cast in favour of the buyback offer. There was 100 per cent voting in favour of the proposal by the promoters, 98.73 per cent by public institutional shareholders and 98.49 per cent by public non-institutional shareholders. Wipro's larger rival Tata Consultancy Services (TCS) has also proposed a mega Rs 16,000-crore buyback plan at Rs 3,000 per equ

Wipro rejigs structure, operating model under new CEO to broad base growth

The company to have four strategic market units and two business lines

Azim Premji tops EdelGive Hurun India Philanthropy list 2020

The preferred cause of India's top philanthropists over the past seven years has been education and 2020 was no different as most of the donations were made for this purpose

Wipro's Azim Premji emerges as most generous Indian in FY20: Report

Premji's generosity pulled the total donations up by 175 per cent to Rs 12,050 crore in FY20