The successful resolution applicant of Jaypee Infratech will pay on a par with the liquidation value of the company to its shareholders holding about 542 million equity units while delisting the company from the stock exchanges. The company said that the existing public shareholders shall be given an aggregate exit at a price of Rs 14 lakh, which is not less than the liquidation value.
Wipro faces slow recovery as revenue and deal wins lag peers
Wipro has reported a decline in revenue for the second quarter in a row, contrasting with larger rivals that experienced growth. The total value of