Wipro

Marketing Professional Shares Emotional Experience of Being Laid Off After 5.5 Years at Wipro

Anukriti Vidyarthi, a marketing professional in Delhi, shared her experience of being laid off from Wipro after five-and-a-half years. In an Instagram video, she expressed feelings of processing a life change, the loss of a fixed income, and the unsettling nature of corporate layoffs, resonating with many who have faced similar situations.

Wipro's Rs 15,000-crore Share Buyback Closes Today

Wipro's Rs 15,000-crore share buyback, repurchasing up to 60 crore shares at Rs 250 each, concludes on June 17. Only shareholders as of the June 5 record date are eligible. Retail investors could see gains of around Rs 70 per share on accepted shares.

Wipro's Rs 15,000 Crore Share Buyback Opens, Offering Arbitrage Opportunity

Wipro's Rs 15,000 crore share buyback is open until June 17, allowing eligible shareholders to tender shares at Rs 250, significantly above market price. Small shareholders have a higher entitlement ratio, with analysts estimating a 7-8% return but cautioning about acceptance ratios and post-buyback stock performance.

India's IT Giants Scale Microsoft 365 Copilot to Over 300,000 Employees

Infosys, TCS, and Wipro have collectively deployed over 300,000 Microsoft 365 Copilot licenses, marking a significant enterprise AI rollout for Microsoft. This rapid adoption signals a shift towards AI as an operating model, with India leading AI momentum in Asia.

Axis Capital Predicts BSE to Replace Wipro in NSE Index

Axis Capital forecasts BSE will replace Wipro in the NSE index rebalancing, with changes effective September 30, 2026. BSE inclusion could bring $657M inflows, while Wipro's exit may cause $225M outflows.

Income tax implications of Wipro share buyback

Wipro Announces Rs 15,000 Crore Share Buyback at Rs 250 Per Share

Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share, representing a premium of over 25% to its previous closing price of Rs 199.36 on NSE. The IT services major's board approved buying back up to 60 crore shares (5.7% of paid-up capital) via the tender route. Brokerages HDFC Securities and Motilal Oswal recommend tactical "Buy" for retail investors, projecting potential net returns of 8-14% within 2-3 months based on high acceptance ratios.

Will you step into the ring of Wipro's ₹15,000 cr plan?