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Wipro allots shares worth over Rs 1 crore to employees

2015-04-22 15:14:23| IT Services - Topix.net

The country's third largest software services firm Wipro yesterday reported 2.1 per cent rise in fourth quarter net profit to Rs 2,286.5 crore, while it elevated founder Azim Premji's son Rishad to the board. IT major Wipro today announced allotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees.

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India's "Tractor Queen" buys another $18M of AGCO shares

2015-04-21 20:43:38| Industrial Machines - Topix.net

One of the best known women entrepreneurs in India is once again plowing millions of dollars into the stock of U.S. agricultural equipment maker AGCO Corp. Mallika Srinivasan , who Forbes described in 2012 as " the tractor queen " of India, has in recent weeks bought nearly 400,000 shares of AGCO at a total cost of $18.6 million . Based in Duluth, Ga., AGCO is one of the United States' largest agricultural equipment companies, with 2014 sales of $9.7 billion.

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London shares open with modest gains

2015-04-20 09:28:04| BBC News | Business | UK Edition

London's leading shares open with small gains on Monday, to stand above 7,000 again.

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Insider Buying: Douglas Richard Macquarrie Acquires 28,000 Shares of Ralph Lauren Corp Stock

2015-04-20 03:26:02| Apparel - Topix.net

Ralph Lauren Corp insider Douglas Richard Macquarrie purchased 28,000 shares of Ralph Lauren Corp stock in a transaction dated Thursday, April 16th. The shares were purchased at an average price of C$0.04 per share, with a total value of C$980.00.

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Teva shares slide on generic Copaxone fears

2015-04-20 00:21:19| Biotech - Topix.net

Teva Pharmaceutical Industries shares slid five percent on Sunday after U.S. regulators approved a generic version of its top-selling multiple sclerosis drug and amid reports it was mulling a bid for rival Mylan. Teva's Tel Aviv shares fell to 249.80 shekels late on Sunday, the first day of trading since both news hit the market on Thursday after Israel's market closed for the weekend.

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