Wipro Ltd. plans to buy as much as 150 billion rupees ($1.6 billion) of its shares, seeking to return funds to investors and take advantage of a decline in its stock price.
Wipro Ltd. plans to buy as much as 150 billion rupees ($1.6 billion) of its shares, seeking to return funds to investors and take advantage of a decline in its stock price.
Exterior of Wipro headquarters in Bengaluru, India, on Friday, Jan. 13, 2023. Wipro announced its third-quarter financial results on Jan. 13. Photographer: Aparna Jayakumar/Bloomberg
Wipro’s third-quarter earnings fell short of expectations with a 7% drop in net profit, weighed down by restructuring costs and labor law charges. CFO Aparna Iyer explains why Q4 guidance remains muted at zero to 2% growth, even as operating margins hit a seven-year high of 17.6%. She joins Paul Allen exclusively on Insight with Haslinda Amin. (Source: Bloomberg)
Wipro’s third-quarter earnings fell short of expectations with a 7% drop in net profit, weighed down by restructuring costs and labor law charges. CFO Aparna Iyer explains why Q4 guidance remains muted at zero to 2% growth, even as operating margins hit a seven-year high of 17.6%. She joins Paul Allen exclusively on Insight with Haslinda Amin. (Source: Bloomberg)
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