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Wipro announces ₹15,000 crore buyback amid revenue decline, weak outlook
The Bengaluru-based firm said it will repurchase 600 million shares at ₹250 apiece, a 19% premium to Thursday’s closing price of ₹210.2. The buyback comes…
Wipro taps deal momentum to arrest revenue slide, but growth elusive for now
Wipro's revenue declined for the third consecutive year, though the drop moderated in FY26. Large deal wins offer hope for future growth. However, the June…
Hindustan Copper, NALCO to SAIL: Why are mining and mineral stocks skyrocketing? Explained
Indian metal stocks have shown significant recovery in April, with the Nifty Metal index rising 14.4%. Contributing factors include easing Middle East tensions, a weaker…
Ahead of Market: 10 things that will decide stock market action on Friday
Sensex and Nifty ended lower in a volatile session as profit booking in banking stocks erased early gains. Despite easing volatility and supportive global cues,…
US SEC seeks comment on contentious trading database
The U.S. Securities and Exchange Commission said on Thursday it is seeking public comment on whether it should comprehensively review the so-called Consolidated Audit Trail…
Arohan Financial Services in final lap to file DRHP for Rs 1400 crore IPO
Arohan Financial Services plans a Rs 1,400 crore IPO, combining fresh issue and OFS, amid improving microfinance sector conditions. With better asset quality, stable growth…
Angel One Q4 Results: Profit soars 84% YoY in a quarter of stock market crash
Angel One reported strong March quarter results with profit rising 84% YoY, driven by higher trading volumes, improved monetisation, and operating leverage. Client activity rebounded,…
US derivatives regulator will make rules when he is only sitting member, chairman says
Michael Selig, chair of the U.S. Commodity Futures Trading Commission, told Congress on Thursday the agency would continue issuing regulations even though he is the…
US Fed's John Williams says Iran war is already driving up inflation pressures
Federal Reserve Bank of New York President John Williams said Thursday that the Middle East war is already driving up inflationary pressures, and uncertainty over…
Gold, silver rates today: Comex gold up $38/oz, silver rises $1.6 on US-Iran peace hopes and weak dollar
On 16 April, precious metal prices increased as hopes for US-Iran negotiations grew, supported by a weaker dollar. Gold futures reached $4,861, and silver hit…
'Weak and lacklustre': Why Jefferies is disappointed with Wipro earnings as ADRs fall nearly 3%
Wipro’s March quarter results missed expectations, with weak revenue growth, declining profit, and soft guidance. Jefferies highlighted slowing deal momentum, weakness in BFSI and healthcare,…
