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2 mins read

Wipro offers 10% more to buy back shares and signs a $700 million deal with Metro AG – everything that’s driving the IT services stock higher today

IT services giant Wipro has announced a share buyback offer at a 10% premium when compared to the c…

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3 mins read

Wipro share buyback offer – should you sell your shares? Here’s what analysts are saying

IT services giant Wipro announced a share buyback offer at a premium of 10% when compared to the sh…

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3 mins read

Sensex, Nifty50 rise in morning trade driven by auto and banking stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Monday amidst posit…

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Corporate share buybacks are at a record high but capex and tax demands may slow the pace, says BofA

Stock repurchases hit record highs in March, led by buybacks in tech shares, according to Bank of A…

Carla Mozée   


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Wipro’s profit grows faster than TCS and Infosys — but it’s share buybacks and new deals keeping hopes up for IT investors

IT major Wipro’s first quarter net profits grew by 12.6% to ₹23.9 billion as compared to that of …

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6 mins read

Record breaking quarter for Indian IT services is a given ⁠— all eyes are now on guidance

It turns out that the market expects the following three months, January to March 2021, to be as…

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3 mins read

UAE might host Indian Premier League this year in September

With the T20 World Cup's postponement clearing the decks for a full-fledged IPL, the glitzy event…

PTI   


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Top Wall Street firms are getting increasingly worried corporate stock buybacks are drying up just when the market needs them most

Of S&P 500 companies, 164 have either suspended their buyback programs or cut their dividends, acco…

Matthew Fox, CMT   


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Top stocks to watch — Wipro, RIL, Future Retail, Reliance Capital, AU Small Finance, Biocon, Titan, and others

Indian stock-market indices are likely to start on a stronger note on Thursday, led by positive cue…

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1 min read

Thomas Cook board approves Rs 150 cr buyback scheme

"The combined impact of a sluggish economy and difficult trading conditions due to the prolonged d…

PTI   


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3 mins read

Top stocks to watch — Pfizer, TCS, Wipro, Hero Moto, Lakshmi Vilas Bank, SpiceJet, IndiGo, and others

Indian stock-market indices are likely to open in negative territory on Thursday, on the back of su…

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Walgreens freezes share buybacks after posting $1.7 billion 3rd-quarter loss

The pharmacy chain also said it plans to cut 4,000 jobs, or about 7% of its workforce, after stay-a…

Ben Winck   


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From PM Modi's meeting with the Finance Minister to rupee's fall to a new low—here’s all you might have missed in headlines today

Govt sets foodgrain production target at record 298.3 mn tonnes for 2020-21 crop year The gov…

PTI   


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4 mins read

TCS expected to post higher revenue and margins led by a streak of deal wins over the last three months

Tata Consultancy Services (TCS) became the second Indian company to cross the ₹10 lakh crore barrie…

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3 mins read

Starbucks climbs to a record high on strong earnings, raised full-year outlook

"Our two targeted long-term growth markets, the U.S. and China, performed extremely well across a n…

Carmen Reinicke   


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3 mins read

Investors have triggered a recession signal with a perfect 50-year track record - and one expert says years of 0% market returns could be in store

But Bannister notes that it's also sounded some false alarms over the years. So he uses a different…

Marley Jay   


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1 min read

Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's

On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.

Brian Evans   


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3 mins read

Warren Buffett's Berkshire Hathaway has quietly stashed $90 billion into investments over the last 3 years

Insider's Phil Rosen breaks down how the legendary investor has deployed vast sums of cash into mar…

Phil Rosen   


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Morgan Stanley beats 3rd-quarter earnings estimates as surge in investment banking eclipses wealth management growth

The bank's provision for credit losses on loans and lending commitments fell to $24 million in the …

Matthew Fox   


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India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail

The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…

PTI