Wipro stake reshuffle: Azim Premji Trust offloads 1.72% for Rs 4,675 crore; promoter entities Prazim and Zash step in as buyers – Times of India

Wipro stake reshuffle: Azim Premji Trust offloads 1.72% for Rs 4,675 crore; promoter entities Prazim and Zash step in as buyers – Times of India

In a significant internal reshuffle, Wipro’s promoter entities executed a stake swap involving 18.05 crore shares, amounting to 1.72% of the company’s equity, through block deals on Wednesday. The transaction, valued at approximately Rs 4,674.77 crore, was carried out at an average price of Rs 258.99 per share.According to stock exchange data, the Azim Premji…

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ED conducts raids against US billionaire George Soros backed OSF, linked entities | India News – The Times of India

ED conducts raids against US billionaire George Soros backed OSF, linked entities | India News – The Times of India

NEW DELHI: Enforcement Directorate on Tuesday conducted searches against US billionaire George Soros backed firm Open Society Foundation in Karnataka’s Bengaluru.According to the officials of the probing agency, the searches were linked to the Foreign Exchange Management Act violations.(This is a developing story) Source link

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