Wipro reports Q4FY19 results, announces Rs 10,500 crore share buyback
Wipro reports Q4FY19 results, announces Rs 10,500 crore share buyback

Wipro reports Q4FY19 results, announces Rs 10,500 crore share buyback

Amir Shaikh Article rating: 4.3

 To reward the shareholders, the board of directors has approved a share buyback proposal aggregating Rs 10,500 crore at a price of Rs 325 per share, which represents nearly 16 per cent premium over today’s closing price.

Cyient launches solutions for 5G deployment
Cyient launches solutions for 5G deployment

Cyient launches solutions for 5G deployment

Amir Shaikh Article rating: 5.0

Hyderabad-based IT service provider Cyient has launched a portfolio of services and solutions that help Communication Service Providers (CSPs) expedite 5G network rollouts globally. 

Market close: Sensex retains gains to close up by 369 points
Market close: Sensex retains gains to close up by 369 points

Market close: Sensex retains gains to close up by 369 points

DSIJ Intelligence Article rating: 5.0

BSE Sensex had an eventual day on Tuesday as it was up more than a per cent during intraday trade. The benchmark index finally closed the day up 369 points or 0.95 per cent at 39,275.64. While Nifty Bank closed with 427 points gain just 100 points away from its all-time high.

Jindal Steel reports highest ever production
Jindal Steel reports highest ever production

Jindal Steel reports highest ever production

Amir Shaikh Article rating: 5.0

Jindal Steel and Power Limited (JSPL) informed the bourses that it recorded the highest ever domestic quarterly steel production and sales in Q4FY19. During the March-ended quarter, the company reported a crude steel production of 1.51 million tonnes, this represents a 23 per cent growth from the last quarter of the same fiscal year. 

How to identify if company is cooking up its books?
How to identify if company is cooking up its books?

How to identify if company is cooking up its books?

Amir Shaikh Article rating: 4.7

When amateurs enter the world of equity market, most of them aim to make quick money. Mind you investing is simple but only if you are following some set of discipline and doing through analysis. But we would like to urge amateur investors to be alert as many companies tend to entice investors by cooking up their books of accounts.

March witnesses expansion in trade deficit
March witnesses expansion in trade deficit

March witnesses expansion in trade deficit

DSIJ Intelligence Article rating: 5.0

The hike in crude prices and burgeoning gold demand exerted pressure on the import bill. As a consequence, the country’s trade deficit widened in the month of March.

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