Wipro reports Q4FY19 results, announces Rs 10,500 crore share buyback Wipro reports Q4FY19 results, announces Rs 10,500 crore share buyback Amir Shaikh / Tuesday, April 16, 2019 / 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 Amir Shaikh / Tuesday, April 16, 2019 / 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.
Mutual Fund Update: Industry records highest ever individual investor share of AUM Mutual Fund Update: Industry records highest ever individual investor share of AUM DSIJ Intelligence / Tuesday, April 16, 2019 / Article rating: 5.0 The AUM of Indian mutual fund industry has increased by 8.25 per cent in the last one year ending March 2019. Read on to find the factors that led to such an increase.
Ramco Systems bags order from Nigerian company Ramco Systems bags order from Nigerian company DSIJ Intelligence / Tuesday, April 16, 2019 / Article rating: 5.0 Ramco Systems has secured an order to digitise the maintenance and engineering (M&E) operations of Caverton Helicopters.
Overnight Digest: Stocks to look for on April 18 Overnight Digest: Stocks to look for on April 18 DSIJ Intelligence / Tuesday, April 16, 2019 / Article rating: 3.3 The stocks that are likely to witness significant movement on the bourses on April 18 Cyient, RIL, Lupin, Pritika Auto and Wipro
Market close: Sensex retains gains to close up by 369 points Market close: Sensex retains gains to close up by 369 points DSIJ Intelligence / Tuesday, April 16, 2019 / 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.
Mindtree announces special dividend amidst L&T takeover bid Mindtree announces special dividend amidst L&T takeover bid DSIJ Intelligence / Tuesday, April 16, 2019 / Article rating: 4.3 In its latest BSE filing, Mindtree declared that the company was contemplating shelling out an interim dividend or special dividend for the quarter ended March 31, 2019.
Jindal Steel reports highest ever production Jindal Steel reports highest ever production Amir Shaikh / Tuesday, April 16, 2019 / 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? Amir Shaikh / Tuesday, April 16, 2019 / 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 DSIJ Intelligence / Tuesday, April 16, 2019 / 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.