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WIPRO DEMERGER
Vedanta demerger: Which demerged stock should you buy after their market debut on June 15?Vedanta's mega demerger sees four new companies listing on June 15. Analysts suggest Vedanta Aluminium Metal as a strong buy due to capacit...- Why 10 stocks suffered massive Rs 17,000 crore mutual fund selloff in AprilMutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. T...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- D-Street week ahead: Q4 earnings, Iran-US talks outcome to drive markets in truncated trading weekNifty posted its best weekly gain since February 2021, rising 6% on easing geopolitical tensions and falling volatility. Analysts see conti...
- Wipro Enterprises seeks members' nod to reduce share capitalAzim Premji-owned Wipro Enterprises will seek nod from its members to reduce share capital to provide an exit option to non-promoter shareh...
- Wipro restructuring a step in the right direction, say analysts“De-mergers create shareholder value because they give people the choice to invest in one company or the other,” says Prashasta Seth of IIF...
- Wipro slumps 12%; m-cap down by Rs 11,882 croreLed by the steep decline in the share price, the market capitalisation of Wipro slipped by Rs 11,882 crore to Rs 98,551 crore.
- Restructuring scheme accretive to Wipro shareholders: EdelweissWipro's restructuring exercise will help the company to focus on its growth strategy in the IT services and products space, Edelweiss said.
- IT company Wipro's demerger of three non-IT business divisions effective from March 31IT company Wipro today said the demerger of three non-IT business divisions, including consumer products segment, into a privately-held com...
- Karnataka High Court approves Wipro's demerger planIT major Wipro today said the Karnataka High Court has approved its demerger scheme through which the firm plans to hive off non-IT busines...
- Exclusion from NSE on demerger of non-IT biz, says WiproIndia Index Services and Products Ltd had said Wipro and Siemens would be replaced by IndusInd Bank and state-run NMDC on the 50-share benc...
- Will sell a small stake to meet Sebi norm if needed, says Azim PremjiWipro will sell a small stake if it is not able to bring down the promoter holding to 75% even after the completion of demerger process, sa...
- Wipro gets shareholders' nod for demerger, shares up over 1pcWipro is a part of the $100-billion Indian IT industry and competes with the likes of TCS and Infosys besides global players like IBM and A...
- Institutional investors call Wipro demerger a fair dealWipro’s demerger of its non-IT biz has received a thumbs-up from institutional shareholders in the company, contrary to claims by a proxy a...
- Wipro's plan to keep demerged company WEL unlisted won't help investors: SESThe proposed demerger by Wipro to separate its IT division from other biz without listing the spun-off entities has been criticised by prox...
- Positive on structural changes in Wipro: Aniruddha Mehta, IIFL"Though results have disappointed a bit, we continue to remain positive on the structural changes happening at Wipro," says Mehta.
- Wipro shares up 3 per cent; m-cap climbs by Rs 2,605 croreAnalysts said that shares gained momentum on news that the company will focus more on its core business of providing software and related s...
- Wipro's profit profile to improve after non-IT units demerger: CFO Suresh SenapatyEarlier, the company said it will fold all its non-IT businesses into a new company and focus exclusively on information technology.
- Wipro hives off non-IT business into separate companyWipro will remain focused on IT services and promoter Azim Premji will remain chairman of the company while also assuming the role of non-e...
- Wipro to hive-off non-IT biz into unlisted arm; stock up 7%IT giant Wipro today said it will demerge three non-IT business divisions, including consumer products segment, into a privately-held compa...
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