The buyback will open on February 29 and the share repurchase programme will close on March 6, 2024
The bank's first strategy update in almost a decade marks an inflection point for Venkat as he tries to improve returns after a period of management turmoil and underwhelming results
Unilever's shares rose as much as 4% on Thursday, hitting their highest point since it last reported earnings in October
The earnings set the stage for what could be a more difficult 2024 for banks, with possible interest rate cuts later this year eroding the interest income that has proven a boon to banks
Bajaj Auto's Board has board approved Rs 4,000-crore share buyback at Rs 10,000 per share
With today's gain, the market price of Bajaj Auto has zoomed 96 per cent in the past one year, as against nearly 17 per cent surge in the S&P BSE Sensex
A buyback is a process a company employs to repurchase its shares from stakeholders
Stocks to Watch on November 24, 2023: TCS will turn ex-buyback today; govt plans to ask ONGC to consider launching a rights issue to help fund green projects at refining arm Hindustan Petroleum Corp
Closing Bell on November 16, 2023: Among sectors, the Nifty PSU Bank index fell 0.24 per cent, the Nifty FMCG 0.15 per cent, and the Nifty Bank 0.09 per cent
Sharekhan believes, despite the challenging environment, TCS is well placed to grab cost takeout as well as digital transformation programs along with opportunities from vendor consolidation
In which we munch over the week's platter of news and views
Since April, the stock price of FDC has appreciated 48 per cent as compared to 11.2 per cent rise in the S&P BSE Sensex
Zypp Electric said the allocation has been made to 15 employees who have been in the company for over a year
Employees who moved from Dineout after Swiggy bought it last year, will also be eligible for the liquidity programme
The board has approved the buyback of 665,000 equity shares at Rs 900 per share via the tender offer route
IT services firm initiated a similar programme in 2020 worth Rs 9,500 crore
Indian IT services players have been using the buyback route in the recent past
The outcome of the board meeting will be communicated to the stock exchanges soon after conclusion of the board meeting on April 27
'Year of efficiency', says Zuckerberg; shares surge over 20%. The stock has added $237 bn in market value since its November low
The buyback size represents 24.15 per cent and 13.19 per cent of the aggregate of the company's fully paid-up equity share capital and free reserves