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TCS board approves proposal to buy back up to 76 million shares worth Rs 160 billion
The board of directors of Tata Consultancy Services (TCS), the country’s largest information technology services provider, on Friday approved a proposal to buy back up to 76 million equity shares worth about Rs 160 billion. The buyback price has been fixed at Rs 2,100 a share, a 15 per cent premium over its current market price. The promoters’ holding in the company now stands at 71.92 per cent. Read more
India's exports hit 6-month high; trade
The board of directors of Tata Consultancy Services (TCS), the country’s largest information technology services provider, on Friday approved a proposal to buy back up to 76 million equity shares worth about Rs 160 billion. The buyback price has been fixed at Rs 2,100 a share, a 15 per cent premium over its current market price. The promoters’ holding in the company now stands at 71.92 per cent. Read more
India's exports hit 6-month high; trade
