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Wipro to buy additional 20% stake in Aggne Global in a $28.5 million deal
Wipro Ltd's subsidiary, Wipro IT Services, LLC, will acquire an additional 20% stake in Aggne Global Inc for $28.5 million, increasing its ownership to 80%. The transaction is expected to complete by June 5, 2026. Details here.
Wipro IT Services LLC to acquire additional 20% stake in Aggne Global Inc.
In February 2024, Wipro and Wipro IT Services, LLC acquired 60% stake in Aggne Global IT Services and Aggne Global Inc., respectively.
Wipro to acquire additional 20% stake in Aggne Global for $28.5 million
Shares of Wipro Ltd ended at ₹206.45, up by ₹2.25, or 1.10%, on the BSE.
Nifty IT Index Jumps 4% Intraday As TCS, Infosys, HCL Tech Rally Amid Global AI Frenzy
Nvidia's Huang dispelled concerns that artificial intelligence might render traditional coding obsolete.
Infosys, TCS up 2-4%, Nifty IT jumps 3% as lone bright spot in weak market amid global AI rally - Moneycontrol.com
Infosys, TCS up 2-4%, Nifty IT jumps 3% as lone bright spot in weak market amid global AI rallyMoneycontrol.com
Nvidia Announces Vera — World's First CPU Not Designed For Humans
Nvidia has shared a list of global AI companies that have adopted the VERA systems, confirming that Anthropic, Open AI and SpaceXAI are the early adopters of this CPU system.
Primary market to pick up as CMR Green, Hexagon Nutrition to launch IPOs
The primary market will see some activity next week, with two companies - CMR Green Technologies and Hexagon Nutrition - slated to launch their initial public offerings (IPOs) collectively valued at nearly Rs 770 crore. As both the issues are entirely offer for sale (OFS), the companies will not receive any proceeds from the public offerings, with the entire amount going to the selling shareholders. The upcoming offerings come at a time when the primary market has witnessed subdued activity amid persistent market volatility and global uncertainties. Although several companies have received regulatory clearances in recent weeks, many have deferred their listing plans due to uncertain market conditions. So far in 2026, around 20 companies, including Fractal Analytics, Shadowfax Technologies and Bharat Coking Coal, have tapped the capital markets through main-board initial public offerings. The IPO of CMR Green Technologies, a non-ferrous metal recycler, will open for public subscript
CBSE says vulnerabilities in OSM portal OnMark contained
The Central Board of Secondary Education has contained vulnerabilities in its OnMark portal. Cybersecurity experts from government agencies and IITs are working to secure the platform. They are fortifying systems and eliminating any remaining exploitable weaknesses. The identified issues have been addressed. The board is ensuring a more secure setup for its services.
Transport association urges government to cut fuel prices as crude falls to $90/barrel
The All India Motor & Goods Transport Association is calling on the Central Government to lower petrol and diesel prices. They point to a significant drop in international crude oil rates. The association states that consumers and transporters are not benefiting from this global price fall. Higher fuel costs are impacting essential goods and contributing to inflation.
Capricorn Systems Global Solutions reports standalone net profit of Rs 0.16 crore in the March 2026 quarter
Sales rise 7060.87% to Rs 16.47 crore
Explained: Why Netweb Technologies shares surged 15% today
Netweb Tech counts global technology leaders such as Nvidia, Samsung, AMD and Intel among its key partners, relationships that Crisil said provide access to technology roadmaps well ahead of market launches.
Indian IT stocks rally as global AI optimism lifts Infosys, TCS, Coforge
Shares of Wipro rose over 2%, after climbing as much as 4% earlier in the session. The rally followed an 18.5% jump in Wipro's American Depositary Receipts (ADRs) overnight.