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Honouring previously made offers priority; plan to hire 12,000 staff in FY25: Wipro

BNE News Desk , August 31, 2024
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New Delhi: Wipro has announced that honoring previously made job offers remains a priority as the company prepares to hire 12,000 staff in the fiscal year 2025. The focus on fulfilling these commitments underscores Wipro's commitment to supporting its workforce and expanding its team in the coming year.

The announcement reflects Wipro's strategic plan to enhance its operational capabilities and accommodate growth. The company aims to bolster its talent pool to meet future demands and sustain its competitive edge in the industry.

In other news, UBS Group AG, a Swiss-based multinational investment bank and financial services company, conducted open market transactions to sell shares of seven companies, including Oil India and Dixon Technologies (India), for Rs 4,961 crore. UBS Group AG sold shares of Oil India amounting to Rs 972 crore, Dixon Technologies India shares for Rs 904 crore, and Rail Vikas Nigam Ltd shares for Rs 797 crore. UBS Principal Capital Asia offloaded Zydus Lifesciences shares worth Rs 756 crore and divested Vodafone Idea, Oracle Financial Services Software, and Prestige Estates Projects shares for a total of Rs 1,531 crore on the NSE.

Meanwhile, Copthall Mauritius Investment sold 20.92 lakh shares of Prestige Estates for Rs 378 crore. UBS Principal Capital Asia bought 34,054 stocks while Copthall Mauritius Investment purchased 26,598 shares of Prestige Estates for a total amount of Rs 10.90 crore. UBS Principal Capital Asia also bought 1.92 crore shares of private sector bank Bandhan Bank for Rs 384 crore. The identities of the buyers of shares in Oil India, Dixon Tech, Rail Vikas Nigam Ltd, Zydus Lifesciences, Vodafone Idea, Oracle Financial Services Software, and Prestige Estates are unknown, while the sellers of Bandhan Bank shares remain unidentified.

Oil India's shares decreased by 0.81% to reach Rs 725.50 each, Dixon Technologies India's scrip dropped by 2.05% to settle at Rs 12,930.95 per piece, and Rail Vikas Nigam Ltd increased by 4.10% to close at Rs 603.55 per piece on the NSE. Similarly, Zydus Lifesciences stock fell 1.33% to end at Rs 1,117 each, Vodafone Idea shares were at Rs 15.47, Oracle Financial Services Software at Rs 10,799.95, while Prestige Estates Projects rose 3.74% to Rs 1,790 and Bandhan Bank shares surged 3.70% to Rs 201.10 each on the stock exchange.