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Wipro shares extend gains, jump 5% today to hit one-year high; is more steam left?

Azim Premji s Wipro announces massive deal, to invest Rs 5480000000 in

Wipro has made it to the headlines as the company has announced a massive deal of Rs 548 crore. Wipro has revealed that it is investing Rs 5480000000 to acquire US-based Aggne Global Inc.

Wipro acquires majority stake in Aggne Global for $66 mn, trades down 2%

The company currently acquiring 60 percent, with an option to purchase the remaining stake over a period of time.

Oyo may pause IPO plans; GSV Ventures Deborah Quazzo on Byju s and edtech

Oyo s initial IPO attempt hit a snag in January 2023 when the regulator sent its papers back for revisions. Following this, the SoftBank-backed company resubmitted a toned-down version, aiming for a much smaller offering through a confidential filing. Oyo was among several companies asked to adjust their IPO plans.

Wipro to acquire US-based insurtech company Aggne Global for $66 million

Wipro will acquire 60 percent of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time.

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