Click it and Unblock the Notifications
Just In
Don't Miss
-
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Digangana Suryavanshi Gets Ready For Her Next Film 'Krishna From Brindavanam'- See Mahurat Pic -
Pakistan vs New Zealand: Mohammad Rizwan Absent from Team's Training Session Ahead of 4th T20I -
Anant Ambani-Radhika Merchant's Wedding Function Details Are Out, Check out Ambani Bahu-To-Be's Chic Fashion! -
Meet Naima Khatoon, First Vice Chancellor of AMU, Know Her Background and Education Qualification -
Xiaomi Robot Vacuum Cleaner S10, Handheld Garment Steamer, and Redmi Buds 5A Launched in India -
Nissan Magnite Achieves 1 Lakh Unit Sales Milestone: Consistency Helps -
Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
Wipro, Seimens to exit NIFTY on April 1
The
two
stocks
will
be
replaced
by
private
sector
lender
IndusInd
Bank
and
state-run
mining
giant
NMDC
in
the
50-share
benchmark
index
of
the
NSE,
as
per
an
exchange
circular.
Nifty is managed by India Index Services & Products Ltd, an NSE-Crisil joint venture, which has decided to drop Wipro and Siemens as part of its periodic index review exercise.
Wipro is undertaking a business restructuring exercise, which includes hiving off its non-IT businesses into a separate unit.
In November last year, the Wipro board approved demerger of the non-IT businesses - Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services -- into a privately held company to be named 'Wipro Enterprises Ltd'.
While Wipro Ltd will continue to remain a publicly listed company with exclusive focus on IT business, Wipro Enterprises would be an unlisted company.
PTI
