Wipro Share Auction Raises $150M, Half Of Target
BY Reuters
Wipro, India's third largest software services exporter, is the first private sector co to tap the share auction route.
A trust controlled by Wipro's billionaire founder Azim Premji raised $150 million in an auction of the Indian software company's shares, roughly half of the target, clouding the outlook for a newly approved stock auction process.
Wipro, India's...
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