IT services giant Wipro's board has given the green light to a massive Rs 15,000 crore share repurchase programme, aiming to buy back over 5 per cent of its equity, or up to 60 crore shares, from shareholders at Rs 250 per share, reflecting an 18 per cent premium.
Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.
Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.
A court in Nashik has declined to grant interim protection from arrest to Nida Khan, a key accused in the sexual harassment and religious coercion probe at a Tata Consultancy Services unit. The court has directed the Nashik Police and the complainant to file their formal responses to her anticipatory bail application.
Telangana's newly appointed DGP C V Anand announced that the state police will implement measures to address cyber crimes, drug issues, and road accidents, involving district-level officials. He also mentioned reviewing the phone-tapping case linked to the previous BRS regime and prioritising rehabilitation programmes for surrendered Naxals.
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
Rajasthan Chief Minister Bhajanlal Sharma announced a significant drop in the state's crime rate, attributing it to sustained policing efforts and a zero-tolerance policy towards corruption. The announcement was made at the 77th Rajasthan Police Foundation Day function.
A female employee of TCS in Nashik, accused of religious conversion and sexual harassment of women colleagues, has applied for anticipatory bail, citing her pregnancy. Police are investigating the allegations, and TCS has launched an internal probe.
Admiral Dinesh K Tripathi awarded Yudh Seva Medals to Vice Admiral A N Pramod and Vice Admiral Rahul Gokhale for their distinguished service during Operation Sindoor. The operation involved a strong naval response to security concerns, showcasing strategic planning and effective deployment of naval assets.
CAE Simulation Training has launched a new pilot training facility in Mumbai, its fourth in India, to address the increasing demand for skilled pilots in the rapidly growing domestic aviation market.
Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.
A powerful 7.5 magnitude earthquake struck northeastern and northern Japan, prompting a tsunami warning for the Pacific coasts of Hokkaido, Aomori, and Iwate prefectures. Tsunami waves of up to 3 meters were forecast, and residents were urged to evacuate to higher ground. No abnormalities were reported at nuclear plants.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
Kerala's Leader of Opposition, V D Satheesan, has accused the state government of inaugurating a township for 2024 landslide victims in Wayanad to mislead the public, citing issues with the construction and timing of the inauguration.
SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
Police are searching for a TCS employee, Nida Khan, in connection with alleged forcible conversion at the company's Nashik unit. This follows the arrest of eight individuals in related sexual harassment cases. Khan's anticipatory bail plea was adjourned, and police are actively seeking her arrest.
A Nashik police Crime Branch team arrived in Mumbra, Thane district, to track down a woman accused in a case related to alleged religious conversion and sexual harassment at a TCS unit. The absconding accused has been on the police radar following complaints in Nashik, where the scandal-hit TCS unit is based.
'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'
Seven people, including two children, died and seven others were injured when a compound wall of Bowring and Lady Curzon Hospital in Bengaluru collapsed due to heavy rains. Karnataka's Chief Minister has ordered an inquiry into the incident and announced compensation for the victims' families.
Police are searching for a TCS employee, Nida Khan, in connection with alleged forced conversions at the company's Nashik unit. This follows allegations of sexual harassment and religious coercion at the TCS facility, where several arrests have already been made.
Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.
A car driven by a masked man breached security at the Delhi Assembly, raising concerns about potential security lapses.
IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.
US President Donald Trump's threats against Iran have drawn strong condemnation from Democrat leaders, who are calling for his removal from office, while some Republicans express concern.
Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, from the Ghazipur area. He is believed to have links with Pakistan's ISI and was allegedly involved in a terror module planning attacks in India.
Delhi police have dismantled an illegal liquor supply network operating through an online delivery application, arresting two individuals and seizing illicit liquor transported from Haryana.
'In a volatile global market, India is pursuing a low-risk, low-return policy, akin to a SIP -- slow, steady investment.' 'Pakistan is following a high-risk, high-return policy.'
A TCS employee accused of religious conversion and sexual harassment in Nashik has applied for anticipatory bail, as police continue to investigate the alleged misconduct at the IT firm.
A 23-year-old trainee manager in Delhi has been arrested for allegedly stealing over 1.25 lakh from a service apartment facility. Police recovered a significant portion of the stolen money and items purchased with it.
A 27-year-old man was allegedly charred to death in Bengaluru after his girlfriend set him on fire at her house. Police suspect the murder was premeditated, as the woman believed he had been avoiding her.
West Bengal Chief Minister Mamata Banerjee has accused the BJP of stoking fights among all sections of society and attempting to loot the country by exploiting these divisions. She also criticised the BJP's economic policies and alleged discrimination in welfare schemes.
The Haryana government has approved expenditure of 1,028 crore for various projects across multiple departments, including police housing, public works, and irrigation, aiming to enhance infrastructure and public services in the state.
Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.
Companies in the fast-moving consumer goods (FMCG) sector are losing favour with equity investors, with their price-to-earnings (P/E) ratio declining to its lowest level in six years, now trading at 38.8 times trailing earnings.
Indian-American scientist Amit Kshatriya's journey from watching rocket launches in Houston to becoming NASA's Associate Administrator is a testament to his dedication and expertise in space exploration.
Sanjay Dutt, known for his 'Khalnayak' image, is set to return to the big screen as a historical antagonist in Raja Shivaji' and a rugged gangster in 'KD - The Devil'. This article ranks his most compelling villainous performances in Hindi cinema, highlighting his versatility in embracing darker roles.
Maharashtra Chief Minister Devendra Fadnavis has called for celebrating Dr B R Ambedkar's birth anniversary as a 'festival of his thoughts', emphasising the need to spread his ideas across all sections of society. Preparations are underway for the 135th birth anniversary on April 14, with a focus on public awareness and grand celebrations.
The bus was travelling from Jaipur to Delhi with approximately 30 passengers on board.
A dismissed Uttar Pradesh Police constable has been arrested for allegedly murdering a beggar and attempting to fake his own death by burning the body and planting his belongings at the scene.
A US national was allegedly sexually assaulted at a homestay in Kodagu, Karnataka, leading to the arrest of a staff member and the owner, who reportedly attempted to cover up the incident.
