
Wipro shares skid 3% after Jatin Dalal resigns as CFO
Wipro has appointed Aparna C Iyer as the chief financial officer with effect from September 22, 2023.
Wipro has appointed Aparna C Iyer as the chief financial officer with effect from September 22, 2023.
The statement comes after several news reports during the weekend stated that US telecom majors -- Verizon, Amazon and Starlink are in the race to acquire the debt-ridden telecom company.
According to the company, the partnership has already resulted in the development and production of large volumes of locally-made KM4 armoured vehicles for the Indian army
The share price of the company surged as much as 4.08% to hit a 52-week high of ₹1,174.00 in early session.
According to BHEL, the company has secured the order for setting up the 2x800 MW supercritical thermal power project stage-II at Lara in Chhattisgarh.
Bernstein has also revised the target price of Paytm to ₹1,100 per share, a potential upside of 31% from its current market price.
Bharat Forge's wholly-owned subsidiary, Kalyani Strategic Systems bagged two export orders worth ₹850 crore from friendly countries for the supply of components and armoured vehicle chassis.
Through the agreement, the company plans to strengthen its foothold in Europe by expanding its product range and contributing to the efficiency and performance of vehicles in the region.
Through the partnership, the company is reportedly looking forward to catering to a wide range of customers ranging from budget-conscious consumers to premium consumers.
The company is targeting to achieve ₹1500 crore in revenue from EV systems by FY26