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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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