Wipro’s mega deal win ushers confidence, but it has a long way to go

Top-tier IT services provider Wipro Ltd bagged a mega deal worth 500 million pounds from Phoenix Group—the UK’s largest long-term savings and retirement business. The 10-year strategic project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation. In the IT industry, mega deals are large-scale,…

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Block deal on March 28: Goldman Sachs acquires HAL, Zomato shares worth ₹281 crore via open market

Banking and financial services major Goldman Sachs on Friday bought shares of state-owned Hindustan Aeronautics Ltd and Zomato worth ₹281 crore through open market transactions. Goldman Sachs through its affiliate — Goldman Sachs (Singapore) — purchased 3.85 lakh shares of Bengaluru-based Hindustan Aeronautics Ltd (HAL), as per the block deal data on the BSE. US-based…

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Wipro share price gains on £500 million Strategic Deal with UK Insurance Giant Phoenix Group. Buy, Sell or hold?

Stock Market Today: Wipro share price gained in the morning trades on Thursday following its announcements on Wednesday, post market hours, about £500 million Strategic Deal with UK Insurance Giant Phoenix Group Wipro Deal win details Wipro announced about winning the £500m Strategic Deal. The deal won by Wipro and from the UK Insurance Giant…

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Block deal on March 25: Goldman Sachs buys 65 lakh shares of Samvardhana Motherson for ₹87 crore via open market

Block deal on March 25: Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for ₹87 crore through an open market transaction. American multinational Goldman Sachs through its arm — Goldman Sachs (Singapore) Pte — purchased 65.48 lakh shares of Samvardhana Motherson International, as per the block deal data on the…

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