Azim Premji ‘gifts’ Wipro shares worth ₹500 cr to sons Rishad & Tariq
Founding chairman of Wipro gifted significant 5.1 million equity shares each to his sons Rishad Premji and Tariq Premji
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Wipro hits year’s high despite 12% dip in Q3 profit; here’s why
Investors cheer better deal wins and green shoots under certain verticals in Q3 FY24
Wipro’s ₹12,000 cr share buyback opens on June 22; stock up
Wipro says the reservation of up to 15% for small shareholders will benefit a large number of the company’s public shareholders
Wipro shares dip 2% post ₹12,000 cr share buyback approval
Buyback was approved at a price of ₹445 per equity share, around 10% higher than its current price
Wipro to consider share buyback proposal on April 27
Wipro will also announce results for the fourth quarter and year ended March 31, 2023, on April 27, 2023.
Wipro CEO Thierry Delaporte earned ₹79.8 cr salary in FY22
This makes him the highest-paid executive in India's IT sector; for the 9-month period of FY21, Delaporte’s compensation was ₹64.3 cr.
