IT major Wipro Ltd on Thursday (June 18) announced the successful completion of a large-scale, multi-year data center migration program for METRO AG, a leading international food wholesaler. According to Wipro, the migration program has enabled a resilient, scalable and future-ready digital foundation for METRO, supporting the wholesaler’s long-term growth ambitions. The company said the…
Hindalco Industries Ltdhas appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026, following the recommendation of the nomination and remuneration committee and approval by the board of directors. He will also be designated as a Senior Management Personnel (SMP) from the same date. The company said Agrawal will take over…
Reliance Industries Ltd. (RIL) will hold its Annual General Meeting (AGM) on Friday, June 19, and investors are expected to closely watch updates on the conglomerate’s new energy ambitions, progress on the planned listing of Jio Platforms, and the company’s capital allocation across businesses. The next 12 months are expected to witness a clear ramp-up…
HCLTech said on Thursday, June 18 that it has launched an AI Innovation Zone in Chennai aimed at helping enterprises develop and deploy Intel-based artificial intelligence products and HCLTech AI solutions. The facility is designed to support the transition of AI projects from experimentation to production environments and features enterprise AI solutions powered by Intel…
The Securities and Exchange Board of India (SEBI) has proposed a series of changes to the Margin Trading Facility (MTF) framework, including broader funding options for brokers, higher exposure limits and operational relaxations, as trading volumes under the facility continue to grow. In a consultation paper issued on June 18, the market regulator said the…
The American Depository Receipts (ADRs) of Infosys Ltd came under pressure in premarket trading on Thursday after Accenture lowered its annual revenue growth guidance, triggering a broad selloff across global IT services stocks. Infosys ADRs were trading over 7% lower at $10.86 apiece. The weakness was visible across the sector, with Wipro ADRs declining over…
Realty firm Mahindra Lifespace Developers Ltd on Thursday (June 18) said Mahindra Industrial Park Chennai Ltd (MIPCL) has announced that YKK India Private Limited, the Indian subsidiary of YKK Corporation, will establish a new manufacturing facility at Origins by Mahindra, Chennai. Mahindra World City Developers Ltd (MWCDL) is a subsidiary of Mahindra Lifespace Developers Ltd,…
IT services major Wipro Ltd on Thursday (June 18) announced that it will acquire an additional 20% stake in Aggne Global IT Services Private Ltd, taking its total holding in the entity to 80%. The transaction is expected to be completed by June 30, 2026. Wipro stated that the additional stake purchase will strengthen its…
Bosch Global Software Technologies Private Ltd, a promoter of Bosch Home Comfort India Ltd, on Thursday (June 10) has exercised the oversubscription option in its ongoing offer for sale (OFS), increasing the total offer size to 21.67 lakh equity shares, or 7.97% of the company’s paid-up equity share capital. In a filing to the stock…
Two and three-wheeler manufacturer Bajaj Auto Ltd on Thursday (June 18) has fixed June 24, 2026, as the record date for its ₹5,633 crore share buyback, determining the shareholders eligible to participate in the offer. The company said its Buyback Committee has approved Wednesday, June 24, 2026, as the record date for determining the entitlement…
