On 6th April 2026, Great Eastern Shipping Company (GE Shipping) has contracted to sell its 2007 built Medium Range Tanker Jag Prakash of about 47,848 dwt, to an unaffiliated third party. The vessel will be delivered to the new buyer in Q1 FY27.

Including Jag Prakash, the company's current owned fleet stands at 40 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.20 mn dwt.

Additionally, the company has contracted to buy one secondhand Kamsarmax Dry Bulk Carrier and one secondhand Medium Range Tanker, and these transactions are expected to be completed in Q1 FY27.

Wipro announced that it has secured a multi-year strategic transformation deal with Olam Group.

The 8-year engagement with Olam Group is expected to exceed US$ 1 billion in contract value, with a committed spend of US$ 800 million.

Olam Group is a leading US$ 50+1 Billion food and agri-business headquartered in Singapore, employing nearly 40,000 people, and majority owned by Temasek Holdings.

As part of the engagement, Wipro will deliver end‑to‑end transformation services to Olam Group through a consulting‑led and AI‑powered approach. The engagement will draw on Wipro's industry expertise, partnerships with leading technology providers, and Wipro Intelligence™, its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group's core operations and support the creation of a sustainable competitive advantage.

Building on this foundation, Wipro will deploy its capabilities across Olam Group's ‘farm-to-fork' value chain, delivering industry-specific solutions that align with the Group's business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, strengthening resilience, and supporting long-term growth at scale.