Wipro buyback: IT services major, Wipro, on Thursday, April 16, announced a share buyback worth ₹15,000 crore along with its financial results for the quarter ended March 30, 2025. Wipro’s board at its meeting today approved the proposal to buyback
CRISIL Ratings forecasts a significant increase in the share of bank loans for non-banking financial companies (NBFCs) by FY27, as elevated bond yields make bank credit a more attractive and cost-effective funding option. Illustration: Uttam Ghosh Key Points The share
‘Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.’ IMAGE: Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani. Photograph: Niharika Kulkarni/Reuters Key Points Orissa high court ruled
Gold and silver prices have seen a significant surge in the national capital, driven by robust pre-festival buying from jewellers and stockists ahead of the auspicious Akshaya Tritiya, despite a dip in international market rates. Photograph: Lisi Niesner/Reuters Key Points
India’s unemployment rate for individuals aged 15 and older saw a slight increase to 5.1 per cent in March 2026, primarily driven by a notable rise in joblessness within urban areas, as revealed by the latest government data. Illustration: Uttam
Branded hotel ownership and asset management platform Samhi Hotels Ltd on Wednesday (April 15) said it has signed a long-term lease/sub-lease agreement for a 162-room upscale hotel project in Noida through its wholly owned subsidiary, SAMHI Skyline Private Ltd. The
The crude oil prices have remained above $90-100 per barrel for over one and a half months now as the conflict in the Middle East has impacted supply following the near-closure of the Strait of Hormuz. This has cast a
Vice President Radhakrishnan urges the adoption of artificial intelligence for good governance, emphasising its role in empowering governments and fostering an inclusive and efficient ‘Viksit Bharat’ in India. IMAGE: Illustration: Dominic Xavier/Rediff.com Key Points Vice President Radhakrishnan advocates for embracing
Paytm achieves a significant milestone, transitioning to majority Indian ownership as domestic investors increase their stake, signaling strong confidence in the company’s financial performance and future growth potential. Key Points Paytm has become a majority Indian-owned and controlled company, with
Indian insurance companies are set to experience a dip in profitability during the January-March quarter of FY26, primarily driven by the rationalisation of goods and services tax on retail life and health policies, which has resulted in a loss of
