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In the last 12 months, the company has declared an equity dividend amounting to Rs 11 per share and at a share price of Rs 267.60, Wipro's dividend yield stands at 4.11%, according to Trendlyne data.
Mutual funds stayed bullish on Indian equities in December 2025, investing nearly Rs 39,000 crore. Increased exposure to select stocks paid off, with many delivering over 50% gains and several emerging as strong multibaggers in FY26.
Flipkart is joining the likes of Walmart and Amazon with the launch of the conversational AI shopping assistant SLAP next week to offer personalised products to consumers The post Flipkart to Launch Conversational AI Shopping Assistant ‘SLAP’ appeared first on MEDIANAMA.
Wipro’s Q3 results showed mixed performance, with net profit down 7% YoY to Rs 3,119 crore even as revenue rose 6%. Margins improved to 17.6%, cash flows strengthened, and attrition fell, but deal bookings remained weak. The company guided for flat to 2% sequential IT services growth.
India’s 5G ecosystem has hit a significant milestone with its subscriber base crossing 400 million 5G connections, according to Jyotiraditya Scindia, Union Minister of Communications and Development of North Eastern Region. The country is now the world’s second-largest subscriber base, following China, which has over one billion 5G users. India is closely followed by the US (350 million), the EU (250 million), and Japan (190 million).
The Fed doesn't set mortgage rates, but when it cuts its short-term rate that can signal lower inflation or slower economic growth ahead, which can drive investors to buy U.S. government bonds
Amazon Great Republic Day Sale 2026, which went live earlier today, is offering discounts on various electronics, including smartphones, aptops, TVs, cameras, wireless speakers, truly wireless stereo (TWS) headsets, wearables, and smart home appliances. Phones under Rs. 50,000 from brands like, Samsung, OnePlus, Google, Pixel, iQOO, Realme, and Vivo, can be purchased from the e-commerce platform at instant discounts of 12.5 percent and 10 percent, depending on whether you have a Prime membership or not.
The unexpected deferral raises the probability of one more round of liquidity injection by the Reserve Bank of India in the current quarter, said Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership.
Federal Bank announced a significant rise in its third-quarter net profit, reaching Rs 1,041 crore. This marks an improvement from the previous year's earnings. The bank's total income also saw an increase. Asset quality metrics showed positive movement with a reduction in gross and net non-performing assets.
Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing.
Leela Palaces Hotels & Resorts announced a significant profit increase for the third quarter. Net profit rose to Rs 147.88 crore from Rs 56.40 crore a year ago. Revenue from operations also saw a strong jump. The company noted an impact from new Labour Codes. This performance highlights the brand's luxury positioning and pricing power.
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