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Wipro is learnt to have won a contract from US cosmetics maker Estee Lauder worth $500 million, making it a significant deal under CEO Thierry Delaporte. Wipro will provide application development & maintenance and infrastructure management services.
SGX Nifty up 60 points; here's what changed for market while you were sleepingAsian share markets inched higher on Monday as expectations for faster economic growth and inflation globally batter bonds and boost commodities, though rising real yields also make equity valuations look more stretched in co… Read MoreStocks in the news: Torrent Power, PNB Housing, Narayana Hrudayalaya, Thomas Cook & Jet AirwaysPunjab National Bank (PNB) will not participate in capital raise plans of its housing finance subsidiary, PNB Housing Finance.
from Stocks-Markets-Economic Times https://ift.tt/3k8pmdR
… Read MorePSB privatisation: NPA hive-off, staff transfers being consideredThe government is likely to consider only banks that were not part of the recent consolidation, which would exclude Punjab National Bank, Bank of Baroda, Canara Bank and State Bank of India from the privatisation process.
fr… Read MoreCairn hopeful of ‘acceptable solution’In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached its obligations to Cairn under the U.K.-India Bilateral Investment Treaty.
from Stock… Read MoreScouting for allies before debut, Amazon pledged minimum returnsIn 2010, three years before Amazon made its India e-commerce marketplace debut, the US giant circulated an investment proposal, code-named 'Red', to a few select potential local partners for a retailing venture.
from Stocks-… Read More
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