Wipro Share Buyback: Premium, History and Other Details
Wipro had recently announced a massive Rs 12,000 crore share buyback via a tender route planning to buy back shares at Rs 445 per share...
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Argentina Raises Interest Rates to 97% to Tackle 100% Inflation
Argentina’s Central Bank hiked its benchmark interest rate by six percentage points on Monday, to 97%, in a bid to combat surging inflation, which has...
NGL Fine Chem Shares Soar 13% on Strong Q4 Operating Results
Shares of NGL Fine Chem surged more than 13% in early trading on May 16, a day after the company reported strong fourth-quarter operating results....
Tube Investments Share Gains 6% as Consolidated Net Profit Rises 74% YoY
Shares of Tube Investments of India rose more than 6% on May 16, with solid quarterly results prompting investors to buy the stock. Shares of...
OIL, ONGC Shares Up 2% After Govt Cuts Windfall Tax to Zero
Shares of upstream oil companies such as Oil India and ONGC soared in early trade on May 16 after the government reduced the windfall tax...
Significant Changes in Investor George Soros’s Fund, Sells Entire Tesla Stake
Billionaire investor George Soros’s fund, Soros Fund Management, has significantly changed its investment portfolio, including a complete cash-out on its stake in Tesla. According to...
Astral Shares Soar 9% After Q4 Net Profit Jumps 38% on Strong Operating Performance
Astral shares rose 9% in early trade on May 16, a day after the company reported strong fourth-quarter earnings. Its net profit for the January-March...
Apax Funds to Buy Stake in SaaS firm IBS Software Worth $450 Million from Blackstone
Apax Funds, a global private equity firm, has agreed to purchase a significant stake in IBS Software, a Kerala-based software-as-a-service (SaaS) provider in the travel...
Emkay Global Financial Services Shares Fall 7% After Q4 Loss Widens to Rs 5.37 Crore
Emkay Global Financial Services fell 7% after reporting weak financial results for the quarter ending March 2023. Shares of Emkay Global Financial Services fell 6.35%...
Once valued at $6 billion, Vice Media Files for Bankruptcy, Lenders to Buy it for Just $225 Million
Vice Media Group has filed for bankruptcy and reached an agreement with its lenders to be purchased for $225 million. This represents just 4% of...