Wipro’s substantial Rs 15,000 crore share buyback commences tomorrow, June 11, closing on June 17. Investors can tender shares at Rs 250 each, offering a significant premium. Small shareholders receive preferential treatment with a dedicated quota. This move aims to boost share value and utilize surplus cash, with promoters also participating.
The Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely intervened to
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