Wipro on Thursday said its step-down subsidiary, Wipro IT Services, will issue US dollar denominated notes worth USD 750 million on June 23.

The net proceeds of the notes, which are proposed to be listed on Singapore Exchange Securities Trading Ltd, are intended to be utilised for refinancing existing debt and general corporate purposes.

The overall global Covid-19 caseload has topped 176.5 million, while the deaths have surged to more than 3.81 million, according to the Johns Hopkins University.

In its latest update on Wednesday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 176,559,700 and 3,819,109, respectively.

Shares of Infosys rose 1 per cent to hit a record high of Rs 1,484.10 on the BSE in intra-day trade on Wednesday in an otherwise subdued market. The stock of the information technology (IT) major surpassed its previous high of Rs 1,480 touched on April 12, 2021.

Infosys was trading higher for eight straight days. At 01:25 pm, the stock was up 0.45 per cent at Rs 1,479.45, as compared to a 0.41 per cent decline in the S&P BSE Sensex.

Shares of three Adani Group companies - Adani Power (Rs 127.25), Adani Transmission (Rs 1,369.35) and Adani Total Gas (Rs 1,394) – were locked in lower circuit for the third straight day, down 5 per cent each, on the BSE on Wednesday despite the National Securities Depository Ltd (NSDL) clarifying that the accounts of three foreign funds - holding nearly Rs 43,000 crore worth of Adani group shares - are 'active' and not frozen.

Besides these three stocks, Adani Green Energy fell 4 per cent to Rs 1,165 in intra-day trade and is trading in ‘T’ group on the BSE and ‘BE’ segment on the National Stock Exchange (NSE).

The Delhi government will train 5,000 youths to assist doctors and nurses as part of preparations for a possible third wave of COVID-19, Chief Minister Arvind Kejriwal said on Wednesday.

The health assistants or community nursing assistants will be imparted two weeks' basic training in nursing and lifecare. The training will start from June 28 in batches of 500 candidates.

Congress leader Rahul Gandhi on Wednesday said India needs quick and complete vaccination and not the BJP's brand of lies and rhyming slogans to cover up the vaccine shortage caused by the government's inaction.

He also alleged that the government was trying to save the image of Prime Minister Narendra Modi, attempts that are facilitating the virus and costing people's lives.

A single day rise of 62,224 new coronavirus infections were reported taking India's total tally of COVID-19 cases to 2,96,33,105, while the active cases were recorded below nine lakh after 70 days, according to the Union Health Ministry data updated on Wednesday.

The COVID-19 death toll climbed to 3,79,573 with 2,542

Thousands of Indian students have secured visa appointments for July and August since Monday, the US Embassy here said on Tuesday.

A senior American diplomat had said on Sunday that the US mission in India is "actively working" to accommodate as many student visa applicants as possible in July and August, and facilitating their legitimate travel remained a top priority for it.

Covaxin maker Bharat Biotech said on Tuesday that the Indian government’s procurement price of Rs 150 a dose for the Covid-19 vaccine was non-competitive and not sustainable in the long run. Hence, it said, a higher price in the private market was required to offset part of the costs.

The company’s remarks came amid questions over the differential pricing strategy followed by vaccine manufacturers for supplies to the government and private sector.

Reliance Jio has commenced 5G trials in Mumbai as it races with rival Bharti Airtel to introduce the mobile technology in India.

While Jio’s trials in Mumbai are being carried out using indigenously developed technology, the company has tied up with multinational vendors, including Ericsson, Nokia, and Samsung for trials in Delhi, Pune, and Gujarat.

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