← Top stories
Deal▼ Bearish for Wipro
Wipro extends deadline for Alpha Net contract acquisition to December 2026
The brief
- Wipro pushed the Alpha Net contract acquisition deadline to December 2026
- The completion deadline has been extended for the second time; no reason was given
- The delayed deal adds uncertainty for Wipro investors
- TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?
- 11:11 | BSE hits Nifty 50, Trump renames AI as Super Intelligence, CAFE-3 norms notified and more
- Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows
- Indian IT stocks extend sell-off, with Infosys below ₹1,000 and Wipro at a six-year low
- BSE replaces Wipro in the Nifty 50, with potential $668 million inflows