Synopsis: Several large-cap IT companies are investing heavily in AI, data, cloud, and automation, positioning themselves to benefit from rising enterprise AI adoption and long-term digital transformation spending. Artificial Intelligence (AI) is rapidly transforming...
Synopsis: Technology services giant Wipro Limited has announced that its step-down subsidiary, Wipro IT Services, LLC, is strengthening its global insurance tech presence by purchasing an additional 20% equity slice in Aggne Global Inc. for a cash layout of USD 28.5...
SYNOPSIS: Multiple companies announced or planned share buybacks in April 2026, ranging from Rs. 470 crore to Rs. 15,000 crore, reflecting strong capital allocation strategies, shareholder returns focus, and management confidence across sectors. A share buyback is...
Synopsis: Wipro’s Q4 FY26 highlights a gap between strong deal wins of $3.5 billion and weak near-term growth. Despite a robust pipeline and large deals, revenue remains muted due to delayed ramp-ups, client-specific issues, and segmental weakness, resulting in...
Synopsis: IT stock is in focus after its Q4FY26 results, with revenue from operations rising 7.6% YoY to ₹24,236 crore and 2.8% QoQ, while net profit declined 1.8% YoY to ₹3,522 crore but increased 11.9% QoQ, along with brokerage views on the results and operations....
Synopsis: A global technology leader is making waves on the stock market following a strategic $70.8 million international acquisition. By integrating high-value AI-driven contracts, the firm aims to solidify its position in the competitive enterprise software...
Synopsis: Wipro’s board will review a proposed Rs. 16,000 crore share repurchase on April 16. Backed by Rs. 41,000 crore cash reserves and cleared approvals, the move marks its first buyback in three years. The shares of the company are one of the leading Al-powered...
Synopsis: India’s IT sector is expected to post a muted Q4FY26 due to weak seasonality and cautious spending, while FY27 guidance, AI deal momentum, and margin outlook remain the key market-moving triggers. India’s information technology sector is heading into Q4FY26...
Synopsis: Wipro has formally notified stock exchanges that its board will consider a proposal for the buyback of equity shares at its meeting scheduled for April 15–16, 2026, with the final decision, including size, price, and record date. India’s fourth-largest...
Synopsis: Wipro rises 3% after $1B 8-year Olam Group deal, acquires Mindsprint IT arm for $375M cash. Adds 3,200 agri-tech experts, AI tools for farm-to-fork transformation by June 2026. Wipro has landed one of its biggest deals yet. The Indian IT giant signed a...