The US has announced a massive $100,000 one-time fee on H-1B visa applications.
Indian IT stocks suffered their steepest fall in nearly six months as the US imposed a $100,000 H-1B visa fee, with Nifty IT down 2.95 per cent and Rs 85,496 crore in value erased
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
IT stocks such as Infosys, TCS and 3 others could see limited downside from current levels, as they are trading above key support levels, backed by positive cues from momentum oscillators, show charts
Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.
The initiative by the IT services giant comes at a time when the company is ramping up its efforts to increase the number of women in its workforce
Global uncertainty, US trade tariffs, and muted growth weigh on Indian IT firms as over 600 major outsourcing contracts near renewal in the second half of 2025
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its closing share price of ₹1,509.50 on Thursday
Infosys has announced its largest-ever share buyback, giving investors a chance to make significant gains through price arbitrage. The software giant has unveiled a buyback plan worth ₹18,000 crore
The US Securities and Exchange Commission (SEC) has granted exemptive relief for Infosys' share buyback as requested by the company, according to a statutory filing on Friday. The exemptive relief from the US securities' regulator is on certain aspects of the tender offer procedures, due to conflicting regulatory requirements between Indian and US laws for tender offer buybacks, Infosys said in the BSE filing. The Board of India's second largest IT services company on Thursday green-lit its largest-ever share buyback programme worth Rs 18,000 crore. The record buyback entails Infosys buying 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share. "We would like to inform you that, by way of a letter from the SEC dated September 11, 2025, the company has obtained the requested exemptive relief from the SEC," it said. The letter, it said, will be publicly available on the SEC
Sensex Today | Stock Market LIVE today, September 12, 2025: Among sectors, the Nifty IT was the top gainer, rising 0.74%. On the flipside, the Nifty FMCG index was the top loser, down 0.24%
Infosys will buy back ₹18,000 crore worth of shares at a premium, marking its biggest repurchase in a decade. Here's a look at major corporate buybacks in India
Infosys will repurchase 100 million shares at an average price of ₹1,800 per share, a 19.3 per cent premium to its Thursday closing share price
Stocks to watch on September 12: M&M, JSW Energy, GMR Power, Marico, JBM Auto, NLC India and JTL Industries among other stocks to track today.
Infosys announced a Rs 18,000 crore buyback at a 19.3 per cent premium, its largest in 10 years, as IT stocks remain under pressure from weak macro trends and tariff risks
Infosys shares have historically rebounded post buyback approvals over long term, rising 22 per cent over six months in 2021. Will this time be any different?
The Nifty IT Index has underperformed the broader markets in the last 3 months and 6 months, owing to macro uncertainties
This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place
IT stocks rose sharply with Infosys surging 5% on its buyback plan, lifting the Nifty IT index 2.8%, as Fed rate cut speculation and rupee weakness boosted sector sentiment
Infosys shares rose after it said that its board will consider a share buyback proposal at its meeting on September 11, 2025.