Shares of IT services major Wipro on Monday surged nearly 8 per cent after the company reported an 8 per cent growth in consolidated net profit in the December quarter. Wipro's scrip gained 7.78......
The purpose of issuing bonus is to increase liquidity in the stock and hand out the available distributable net worth in a cash-neutral manner. The number of companies that have announced a bonus......
The past few months have seen a number of companies offering to buy back their equity through either open-market purchases or tender offers. Companies have announced Rs 7,800-crore (Rs 78-billion)......