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Wipro gains 3% on announcing Rs 12,000 crore share buyback via tender route

Wipro gains 3% on announcing Rs 12,000 crore share buyback via tender route

Shares of Wipro were up 3.5 per cent to Rs 388 in Friday’s intra-day trade, after the company announced share buyback plan worth Rs 12,000 crore. The firm intends to buy back about 4.91 per cent of its shares at Rs 445 per share through tender route.

However, in the past one year, Wipro has underperformed market as shares fell 26 per cent, as against 5.4 per cent rise in the S&P BSE Sensex. The stock had hit a 52-week low of Rs 351.85 on April 17, 2023.

Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200

Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200

Gold price remained unchanged in Friday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 61,040, according to the GoodReturns website. Silver price fell Rs 300 with 1 kg of the precious metal selling at Rs 76,200.

The price of ten grams of 22-carat was also unchanged at Rs 55,950.

The price of ten grams of 24-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 61,040.

Donald Trump 'raped, groped' ex-columnist E. Jean Carroll, court told

Donald Trump 'raped, groped' ex-columnist E. Jean Carroll, court told

Donald Trump raped a former American columnist E Jean Carroll (pictured) and later mocked her with defamatory comments, a US court hearing a lawsuit against the ex-president was told. Donald Trump’s lawyer said that E Jean Carroll was motivated by money and fame in opening arguments of the much-anticipated proceedings.

E Jean Carroll earlier claimed that Donald Trump sexually assaulted her in a changing room at the Bergdorf Goodman department store on Fifth Avenue in Manhattan.

Same-sex marriage case: Some kind of labelling important, SC tells Centre

Same-sex marriage case: Some kind of labelling important, SC tells Centre

A five-judge bench of the Supreme Court continued with its hearing on pleas seeking legal validation of same-sex marriages. The apex court on Thursday asked the government to find a way to give same-sex couples basic social benefits, like joint bank accounts or nominating a partner in insurance policies, even without legal recognition of their marital status.

While hearing a plea seeking the de-sealing of the Uphaar cinema hall, the apex court allowed Ansal Theatres and Clubotels Private Ltd, whose former directors were real estate barons Sushil Ansal and Gopal Ansal, to move the trial court.

Apple Imagine reseller asked to shut at Delhi's Select City Mall days after Saket Apple Store launch, here's what happen

Apple Imagine reseller asked to shut at Delhi's Select City Mall days after Saket Apple Store launch, here's what happen

Barely days after Apple opened its exclusive store at Delhi's Select City Walk mall, the company's premium reseller closed down its outlet in the mall. Apple had furnished a list of 20 resellers with the mall management that was prohibited to open stores near the company's showroom in the national capital.

The operator of the mall chose not to extend the company's lease as they believed Apple Store will sell more products than the reseller and there was no need for another company selling Apple inside the mall, reported ET.

Indefinite shutdown called in Shirdi from May 1 over CISF security deployment

Indefinite shutdown called in Shirdi from May 1 over CISF security deployment

A shutdown has been called in Maharashtra's premier religious tourism destination, Shirdi. The indefinite bandh has been called against the government's decision to deploy CISF for the security of the Sai Baba Temple. The administration of the temple has been protesting against the decision to deploy CISF, which primarily protects industrial installations, metro stations and airports.

The indefinite bandh will begin on May 1.

India among the top four countries that asked Twitter to remove content

India among the top four countries that asked Twitter to remove content

India was one of the top countries that made legal requests to remove content from Twitter between January and June last year, the social media company said.

"Around the world, Twitter received approximately 53,000 legal requests to remove content from governments during the reporting period [January - June 2022]," Twitter said in a blog post.

MG Motor unveils India's cheapest e-car Comet EV starting from Rs 7.98 lakh

MG Motor unveils India's cheapest e-car Comet EV starting from Rs 7.98 lakh

MG Motor India on Wednesday launched Comet EV — India’s cheapest electric car — at prices starting from Rs 7.98 lakh. It will compete with Tata Motors’ popular compact electric vehicle (EV) Tiago that is available at prices starting from Rs 8.67 lakh.

The two-door Comet EV offers a range of 230 kilometers on a single charge, while Tata's four-door Tiago EV has a range of 250-315 km. Electric cars currently hold less than 2 per cent share of the Indian car market. However, the segment has been observing sizable growth during the last few years.

Union Bank of India board approves raising Rs 10,100 crore capital

Union Bank of India board approves raising Rs 10,100 crore capital

The Union Bank of India’s board on Wednesday approved a capital raising plan of Rs 10,100 crore, the lender informed the exchanges on Wednesday.

The bank will raise upto Rs 8,000 crore through a public issue, rights issue or via private placement including qualified institutional placement (QIP) of a private placement.

India, Germany sign agreement on setting up quality infrastructure

India, Germany sign agreement on setting up quality infrastructure

India’s consumer affairs department and a German ministry signed on Tuesday an agreement on improve quality infrastructure.

The work plan was signed at the ninth annual meeting of the Indo-German working group on quality infrastructure in Berlin.

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