IT services major Wipro has announced its largest-ever share repurchase programme, a mega Rs 15,000 crore buyback at Rs 250 per share, offering an 18 per cent premium to shareholders and aiming to repurchase 5.7 per cent of its equity.
Wipro announced a 1.89 per cent dip in its Q4 FY26 consolidated net profit to Rs 3,501.8 crore, alongside the approval of a significant Rs 15,000 crore share repurchase programme, reflecting strategic moves amidst a challenging global macroeconomic landscape. Illustration:
Airbus strengthens its commitment to India’s aerospace sector with the launch of a cutting-edge technology centre in Bengaluru, poised to drive engineering innovation and support the ‘Make in India’ initiative. Key Points Airbus inaugurates a new 880,000 sq. ft technology
Dun & Bradstreet report finds balance shifting from metros to emerging cities. Photograph: Hemanshi Kamani/Reuters Key Points India is undergoing rapid urbanisation Among metropolitan cities, Ahmedabad ranked first in terms of growth, followed by Bengaluru and Delhi. Major emerging cities
Valeo manufactures electric motors, inverters, onboard chargers, DC-DC (direct current-to-direct current) converters, battery cooling systems, parking sensors, cameras, and radar-based driver-assistance systems. Photograph: Steve Marcus/Reuters Key Points It operates six manufacturing facilities across Chennai, Pune, Sanand, and Gurugram Currently, only
India is emerging as Claude.ai’s second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks. Illustration: Ruvic/Reuters Key Points Anthropic’s revenue run rate in India has doubled in six months. Anthropic opened its Bengaluru office, its
When we took the aaram se test, we found that it did offer huge head and leg room and a wee bit more space than what the prevailing autorickshaws offer. IMAGE: Pratap Bose, Chief Creative and Design Officer, Mahindra Global
