Wipro approves share buyback at Rs 320/share. Wipro to spend Rs 11,000 cr in share buyback. Wipro to buy back up to 343.75 mn shares or 7% of the fully paid up equity capital of the company.
ADANI POWER: Plans to set up a 150 MW wind power park on the sea shore close to its Mundra thermal power project.
RELIANCE INDUSTRIES: Reported consolidated net profit of 91.1 bln rupees for Apr-Jun, up 28.3% on year, and revenue from operations of 905.4 bln rupees, up 26.7%.
BAJAJ AUTO: May buy European motorcycle brand Ducati along with Australian partner KTM.
Rs 2600 cr incentive package for leather sector likely soon. Focus on #Bata #Libertshoe #Mirzaint
Stocks to watch:
Positive: #Wipro #Reliance #Balajitele #Adanipower #Welcorp #Bajajauto
