Rupee

Flywire Partners with State Bank of India (SBI) to Digitize Education Payments from India

Retrieved on: 
Tuesday, February 6, 2024
Partnership, State bank, Reserve Bank, Student, SBI, Open, Rupee, Investment, SVP, Education, LRS, State Bank of India, Cryptocurrency

BOSTON and MUMBAI, India, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has partnered with State Bank of India, India’s largest public sector bank, to enable Indian payers to seamlessly and digitally pay international education-related fees in their local currency (Indian Rupees) to higher education institutions all over the world. The integration provides students and families a streamlined and completely digital experience when making high-value education payments, and helps them comply with the Liberalized Remittance Scheme (LRS), which are guidelines to help streamline overseas transactions and investments for residents of India.

Key Points: 
  • Flywire integrates directly into SBI’s banking platform, providing Indian students with a fully digital checkout experience for their transactions, ranging from application fees to tuition payments.
  • The partnership between Flywire and SBI provides an innovative approach to education payments and offers many benefits to students and institutions alike.
  • SBI customers can complete payments from local currency accounts to the thousands of Flywire education clients in a simple, three step process.
  • Flywire identifies the source of payments delivered to an institutions’ bank account and automatically posts each payment to the applicable student record.

Wipro Announces Results for the Quarter-Ended December 31, 2023

Retrieved on: 
Friday, January 12, 2024
Other Professional Services, Data Management, Manufacturing, Technology, Finance, Consulting, Business, Outsourcing Business, Accounting, Professional Services, Artificial Intelligence, Other Technology, Software, Internet, Engineering, Cloud, Digital platform, IDC, Architecture, Research, Wind, Quarter, Rupee, Government, 3D, Limited, Growth, Environment, Transport, Publication, CAD, MAGIC, Global Television Network, International, DOP, AI, Investment, Automation, Yoy, 2D, Customer, International Financial Reporting Standards, Partnership, Digital, ADAS, HFS, EPS, Interim, Doc, Pharmacy

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended December 31, 2023.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended December 31, 2023.
  • Results for the Quarter ended December 31, 2023:
    Gross revenue reached Rs 222.1 billion ($2.7 billion1), a decrease of 1.4% QoQ.
  • However, the realized exchange rate in our IT Services business segment for the quarter ended December 31, 2023, was US$1= Rs 83.40.
  • The Wipro team will build a completely customized solution that will allow for flexibility and speed of execution in a time-bound manner using Wipro accelerators.

American Tower Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023
Technology, Telecommunications, Commercial Building & Real Estate, Construction & Property, 5G, REIT, Francs, Bangladeshi taka, Asset-backed security, Dollar, Guarani language, South African rand, Argentine peso, Nigerian naira, AMT, Marshal of France, African, Rupee, Bookkeeping, Bank

On September 15, 2023, the Company issued an aggregate of $1.5 billion in senior unsecured notes.

Key Points: 
  • On September 15, 2023, the Company issued an aggregate of $1.5 billion in senior unsecured notes.
  • The net proceeds of the offering were used to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility.
  • The following full year 2023 estimates are based on a number of assumptions that management believes to be reasonable and reflect the Company’s expectations as of October 26, 2023.
  • 2023 Outlook ($ in millions, except per share amounts.)

Wipro Announces Results for the Quarter-Ended September 30, 2023

Retrieved on: 
Wednesday, October 18, 2023
Other Manufacturing, Technology, Finance, Other Technology, Accounting, Professional Services, Manufacturing, Internet, Outsourcing Business, Other Professional Services, Cloud, Quaternary, Pension administration in the United States, NSE, MAGIC, Partnership, Quality, Limited, Rupee, Yoy, International, Quarter, Engineering, Omnichannel, Project management office, Federal Reserve Board of Governors, Intelligent automation, Investment, Silicon, Automation, CAD, DOP, BSE, Synthetic media, ISG, Publication, Generative, Research, Public, NYSE, NPS, International Financial Reporting Standards, EBIT, Pension, Environment, Cryptocurrency, Retail, Risk management, Renewable energy, Bank, Medical device, Sales, Online shopping, Wipro, Gartner

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended September 30, 2023.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter-ended September 30, 2023.
  • Results for the Quarter ended September 30, 2023:
    Gross revenue reached Rs 225.2 billion ($2.7 billion1), a decrease of 0.1% YoY.
  • “We ended the second quarter with 22 accounts above the $100M range, which is double the number we had in FY’21.
  • A global leader in technology has selected Wipro for comprehensive silicon engineering services from chip definition to design verification to tapeout.

American Tower Corporation Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023
Professional Services, Residential Building & Real Estate, Finance, Construction & Property, REIT, Banking, Francs, Argentine peso, Rupee, Rand, Bangladeshi taka, African, Asset-backed security, AMT, Marshal of France, South African rand, Guarani language, Dollar, Nigerian naira, Bank

The net proceeds of both offerings were used to repay existing indebtedness under its revolving credit facilities.

Key Points: 
  • The net proceeds of both offerings were used to repay existing indebtedness under its revolving credit facilities.
  • On June 15, 2023, the Company repaid $700.0 million aggregate principal amount of its 3.000% senior unsecured notes due 2023 using borrowings under its $4.0 billion revolving credit facility.
  • Additionally, the Company repaid all amounts outstanding under its $1.5 billion two-year unsecured term loan due December 2023.
  • The following full year 2023 estimates are based on a number of assumptions that management believes to be reasonable and reflect the Company’s expectations as of July 27, 2023.

Wipro Announces Results for the Quarter ended June 30, 2023, Delivers Net Income growth of 12% YoY

Retrieved on: 
Thursday, July 13, 2023
Consulting, Technology, Manufacturing, Professional Services, Other Technology, Data Analytics, Software, Artificial Intelligence, Networks, Internet, Engineering, Carbon, Cognition, ISG, IDC, BSE, Rupee, Partnership, Quarter, Accreditation, Airport Carbon Accreditation, International, Carbon footprint, Federal Reserve Board of Governors, CAD, ERP, Automation, USD, Doc, INR, Government, NSE, NPS, NYSE, Limited, Documentation, ACA, International Financial Reporting Standards, Indian rupee, Enterprise resource planning, Quality assurance, Managed services, Yoy, EPS, FDA, Annual report, Cryptocurrency, Rare-earth element, Retail, Beauty salon, Bank, Risk management, 3D printing, Wipro

Our operating Margin for the first quarter was 16% an expansion of 112 basis point YoY.

Key Points: 
  • Our operating Margin for the first quarter was 16% an expansion of 112 basis point YoY.
  • We generated strong operating cash flows at 130% of our net income for the Quarter.
  • For constant currency growth rates, refer note 2
    IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials.
  • The QoQ and YoY growth rates for the quarter ended June 30, 2023 were computed by rebaselining ISRE numbers in Q4’23 and Q1’23

Wipro Announces Fourth Quarter and Year End Results, Delivers Record Total Bookings

Retrieved on: 
Thursday, April 27, 2023
Consulting, Technology, Manufacturing, Professional Services, Other Technology, Data Analytics, Software, Artificial Intelligence, Networks, Internet, Engineering, Metaverse, IDC, Rupee, Analytics, ALCO RS-1, UST (company), NSE, International Financial Reporting Standards, MAGIC, Digital, Environment, NYSE, HFS, Automation, ISG, Quarter, Sustainability Accounting Standards Board, Research, Doc, Share repurchase, Philosophy, Limited, Companies Act, Yoy, Security (finance), Securities and Exchange Board of India, Uncertainty, International, Wipro, CAD, Publication, Pakistan Institute of Public Finance Accountants, Ecosystem, Workplace (software), Public Utility Holding Company Act of 1935, BSE, Partnership, Federal Reserve Board of Governors, DOOH, ALCO RS-2, Revenue, Cisco, Cryptocurrency, Video game, Retail, Risk management, Mobile phone, Online shopping, Gartner

We delivered two consecutive quarters of total bookings of over $4.1 billion.

Key Points: 
  • We delivered two consecutive quarters of total bookings of over $4.1 billion.
  • Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods.
  • Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations.
  • For constant currency growth rates, refer note 2
    In the fourth quarter, Wipro continued to win large and strategic deals across industries.

Mobile App Security Provider LIAPP To Expand Presence in Asia's Fastest Growing Economies, Accelerating Digitalization and Financial Inclusion

Retrieved on: 
Wednesday, December 28, 2022
Professional Services, Security, Apps, Applications, Technology, Mobile, Wireless, Finance, Fintech, Palo Alto Networks, Goyang KB Kookmin Bank FC, IBK, Science and technology in Asia, RASP, World Economic Forum, Rupee

LIAPP (Lockin App Protector), the flagship mobile application cybersecurity service of South Korea-based firm Lockin Company, has announced plans to expand its presence in Southeast Asia by working with financial institutions and fintech firms to accelerate the secure digitalization of financial services.

Key Points: 
  • LIAPP (Lockin App Protector), the flagship mobile application cybersecurity service of South Korea-based firm Lockin Company, has announced plans to expand its presence in Southeast Asia by working with financial institutions and fintech firms to accelerate the secure digitalization of financial services.
  • Lockin Company’s CEO, Myoung Kyu Choi, shared, “Southeast Asia, one of the fastest growing economic regions in the world, is one of the regions most impacted by hackers, which has driven up demand for enhanced mobile app security.
  • According to the World Economic Forum , digital financial inclusion enables major access to investment, credit, and insurance products in Southeast Asia.
  • Delivering best-in-class performance, LIAPP’s action-based detection technology prevents malicious app attacks by immediately detecting the first hint of tampering or suspicious app activity.

#1 New York Times Bestselling Author Rupi Kaur Is Set to Release New Book Healing Through Words on September 27, 2022

Retrieved on: 
Tuesday, July 19, 2022
Music, Honey, Family, Andrews McMeel Publishing, Love, Collection, Poetry, Hope, Amazon Prime Video, Flower, Multimedia, AMP, Anecdote, Femininity, Creativity, Milk, Andrews McMeel Universal, Trauma, Calendar, Friends, Book, Entertainment, Rupee

KANSAS CITY, Mo., July 19, 2022 /PRNewswire/ -- Andrews McMeel Publishing (AMP) announces the publication of Healing Through Words by Rupi Kaur on September 27, 2022.

Key Points: 
  • KANSAS CITY, Mo., July 19, 2022 /PRNewswire/ -- Andrews McMeel Publishing (AMP) announces the publication of Healing Through Words by Rupi Kaur on September 27, 2022.
  • The fourth book by the international bestselling author presents more than sixty guided writing activities based on the themes of her first book, milk and honey.
  • The writing exercises in Healing Through Words are meant to send readers on a journey of self-exploration."
  • Within the book, Kaur shares her writing tips, tricks and secrets, and helps readers explore themes of loss, love, heartbreak, and healing.

Eros Media World’s India Subsidiary Announces Equity Fund Raise

Retrieved on: 
Thursday, May 26, 2022
TV and Radio, Entertainment, Online, Film & Motion Pictures, Exercise, Director, Forbes, Prospectus, Bombay Stock Exchange, Media, Securities Act of 1933, Industry, Board, INR, National Stock Exchange, Person, Warrant, NYSE, Rupee, CEO, Security (finance)

Eros Media World PLC (ErosMedia, Eros" or the Company) (NYSE: ESGC), a global Indian media and entertainment company, announced today that the Board of Directors of Eros International Media Limited (EIML), its majority-owned subsidiary, recently approved EIMLs plans to raise up to an amount in Indian Rupees (INR) equal to approximately $54 million (equivalent of 4,050m INR), of equity capital via a public issuance of Convertible Warrants (the Warrants) in India, subject to EIML shareholder approval and other customary and regulatory approvals.

Key Points: 
  • Eros Media World PLC (ErosMedia, Eros" or the Company) (NYSE: ESGC), a global Indian media and entertainment company, announced today that the Board of Directors of Eros International Media Limited (EIML), its majority-owned subsidiary, recently approved EIMLs plans to raise up to an amount in Indian Rupees (INR) equal to approximately $54 million (equivalent of 4,050m INR), of equity capital via a public issuance of Convertible Warrants (the Warrants) in India, subject to EIML shareholder approval and other customary and regulatory approvals.
  • The existing Ordinary shares of EIML are listed on the Bombay Stock Exchange (the BSE) and the National Stock Exchange of India Limited (the NSE).
  • Apart from the holding company Eros WorldWide FZ LLC, the issue is subscribed by marquee investor funds such Aegis Investment Fund, Aidos India Fund Ltd, Forbes EMF, NAV Capital Emerging Star Fund, Nexpact Limited, Vespera Fund Limited and India Opportunities Growth Fund - Pinewood Strategy.
  • The Warrants issuance will provide incremental liquidity to invest in EIMLs operations, help fund future growth initiatives and improve balance sheet strength for EIML.