Share buyback hurting Indian IT Companies?

Wipro just announced a share buyback. Sounds great for investors… but is it actually hurting India’s tech future?
When a company buys back its own shares, it’s basically saying — ‘We have no better use for this cash.’ But Wipro, Infosys, TCS - they keep doing this, year after year, instead of betting on the future.
Meanwhile, look at what others did with their cash. Amazon built AWS. Google funded DeepMind. Microsoft bet billions on OpenAI. That’s why they OWN the AI wave — and Indian IT is just riding it as a service vendor.
Indian IT earns in dollars but thinks in dividends. Until that mindset changes, we’ll keep building someone else’s dream - not our own. Follow for more unfiltered takes on money and markets.

Видео Share buyback hurting Indian IT Companies? канала Abhishek | Logical