Business News

Last updated: Friday, April 19, 2019 7:46:08 PM

Wipro to buy back 323 mn shares for Rs 10,500 cr
Bengaluru, April 16 (IANS) IT major Wipro on Tuesday said its board had approved buyback of 323.1 million equity shares worth Rs 10,500 crore at Rs 325 per share of Rs 2 face value.

Tuesday, April 16, 2019 9:48:04 PM

Wipro net up 38% quarterly, 12.4% yearly
Bengaluru, April 16 (IANS) Global software major Wipro on Tuesday reported a Rs 2,494 crore net profit in the fourth quarter of fiscal 2018-19, registering 38 percent annual growth.

Tuesday, April 16, 2019 9:10:06 PM

IL&FS should pay 80% dues of small creditors: NCLAT
New Delhi, April 16 (IANS) Emphasising on the repayment of dues to small creditors including provident and pension funds, the National Company Law Appellate Tribunal (NCLAT) on Tuesday observed that IL&FS should distribute funds to small creditors, in a manner that 80 per cent of their entitled amounts are paid.

Tuesday, April 16, 2019 8:40:07 PM

Wipro net grows 12.4% for fiscal 2018-19
Bengaluru, April 16 (IANS) Global software major on Tuesday reported Rs 9,000-crore ($1.3 billion) net profit for fiscal 2018-19, posting 12.4 per cent annual growth.

Tuesday, April 16, 2019 8:14:06 PM

Wipro Q4 net up 38% to Rs 2,494 crore
Bengaluru, April 16 (IANS) Global software major Wipro on Tuesday reported Rs 2,494-crore net profit for the fourth quarter of fiscal 2018-19, registering 38 per cent annual growth.

Tuesday, April 16, 2019 8:10:07 PM

Morale among Jet staff hit hard
New Delhi, April 16 (IANS) Staff morale in crisis-hit Jet Airways has hit a new low, with more and more employees convinced that the airline is all set to fold up.

Tuesday, April 16, 2019 7:52:05 PM

Rare spying platform TajMahal discovered after 5 years
New Delhi, April 16 (IANS) Researchers with cyber security firm Kaspersky Lab have uncovered a sophisticated spying platform, TajMahal, that has been active for more than five years now and appears to be unconnected to any known threat actors.

Tuesday, April 16, 2019 7:28:05 PM

DGCA asks airlines to keep air fares in check
New Delhi, April 16 (IANS) India's civil aviation regulator on Tuesday advised airlines to keep air fares in check as Civil Aviation Minister Suresh Prabhu took stock of the situation in wake of Jet Airways' troubles.

Tuesday, April 16, 2019 7:22:07 PM

SC notice to Centre, states on plea to cancel 358 mining leases
New Delhi, April 16 (IANS) The Supreme Court on Tuesday sought response from the Centre, Odisha, Karnataka and the CBI on a PIL seeking cancellation of 358 iron ore mining leases which were allocated or their duration extended without any fresh evaluation and adopting the due auction process.

Tuesday, April 16, 2019 7:16:05 PM

NCLAT adjourns IL&FS case hearing to April 29
New Delhi, April 16 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Tuesday adjourned to April 29 the hearing on the matter of the debt-ridden Infrastructure Leasing and Financial Services (IL&FS).

Tuesday, April 16, 2019 6:18:05 PM

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