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Wipro to buy back shares worth Rs 11,000 crore

Team Estrade -
Global software major Wipro Ltd., proposed to buy back nearly 344 million shares of Rs 2 face value for Rs 11,000 crore ($1.7 billion)...
Finance

BSE plans to hire banks for $150 million IPO

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BSE will file a draft prospectus for the IPO by next month and plans to launch the offering before 31 March 2017, says the...
Finance

HDFC to raise Rs 1,035 cr via bonds on private placement

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HDFC on June 24 said it will raise Rs 1,035 crore through issuance of debentures on a private placement basis to augment its long-term...
Business

Softbank to sell off nearly $8 billion in Alibaba shares

Team Estrade -
Japanese conglomerate SoftBank Group (SBG) has announced that it will sell at least $7.9 billion of its stake in the Chinese e-commerce company Alibaba...
Finance

Indian Overseas Bank to issue Rs 200 cr shares to LIC

Team Estrade -
IOB said that with a view to comply with Basel III requirements relating to capital adequacy, there is an ever increasing need to raise...

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