Wipro’s CEO Srini Pallia remains confident about the company’s strong project pipeline. He indicates that ongoing global trade disruptions and tariff changes are not significantly impacting Wipro’s business. While some specific client issues were noted in the American market, Pallia believes these will be managed. The company is focusing on leveraging AI for new projects and client solutions.Read More
Chinese stocks dipped Friday as investors paused after recent gains, awaiting clarity on US-Iran talks. A ceasefire in Lebanon offered a glimmer of hope. While Shanghai and Hong Kong markets saw minor losses, analysts suggest Hong Kong could rebound faster. Energy security and manufacturing remain key themes for China, though export-oriented firms face potential Middle East instability risks.Read More
India might weather the West Asia conflict’s economic storm if it ends soon, according to Swaminathan Aiyar. While a swift resolution is expected due to US political pressures, second-order effects like rising inflation and fertilizer costs are unavoidable. India’s resilience is noted, but the possibility of a prolonged conflict poses significant risks.Read More
Windlas Biotech approved a Rs 47 crore share buyback at Rs 1,000 per share via the tender route, with April 24 set as the record date. The move covers 2.23% equity and excludes promoters. Shares rose 2% following the announcement, reflecting positive investor sentiment toward the capital return plan.Read More
After an 18-month consolidation and a 16% correction, ICICI Securities says Nifty 50 may have formed a durable bottom, supported by historical patterns and strong technical levels. The brokerage expects potential upside ahead and highlights banks, energy names and select midcaps as likely outperformers in the next market upcycle.Read More
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