Mindtree board decides not to proceed with buyback of share

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The Economic Times | A Times Internet Limited product

Mindtree Board decided not to proceed with share buyback. Will constitute committee of Independent directors to provide reasoned recommendation in respect of the unsolicited offer by L&T.

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    The Economic Times | A Times Internet Limited product

    Mindtree Board decided not to proceed with share buyback. Will constitute committee of Independent directors to provide reasoned recommendation in respect of the unsolicited offer by L&T.

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    The Economic Times | A Times Internet Limited product




    Indian software services exporter Wipro Ltd on Tuesday posted 38 percent rise in fourth-quarter profit, helped by a strong performance from its banking, financial services and insurance segment. Net profit rose to 24.84 billion rupees ($356.54 million) in the three months to March 31, from 18.03 billion rupees in the same period a year earlier, the company said. Wipro also said it will buy back shares worth up to 105 billion rupees. (Text: Reuters)




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