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The Budget for FY 2026-27 is a mix of cautious and reform- oriented measures for stock market investors. The government proposed tougher norms for trading in futures and options, along with new opportunities for foreign Indian investors.During her speech, Finance Minister Nirmala Sitharaman announced an increase in the Securities Transaction Tax (STT) on Futures and…
BENGALURU: In the Infosys buyback offer that closed on Wednesday, nearly 82.6 crore shares were tendered, compared to the 10 crore shares the company proposed to buy back, data from the NSE and BSE showed. The promoters of Infosys chose not to participate in the offer. The buyback, conducted through the tender offer route, is…
NEW DELHI: Govt is set to introduce major changes in the Model Concession Agreement (MCA) to de-risk private investments and safeguard lenders’ exposure in highway sector.The revised provisions, to be notified within a fortnight, include revenue support and extension of tolling periods in cases where actual traffic falls below projections, buyback of projects where traffic…
Infosys’ biggest-ever share buyback, worth Rs 18,000 crore, opens today and will run until next week, November 26. The repurchase, cleared by shareholders on November 6 with 98.81% votes in favour, allows the company to buy back up to 10 crore fully paid-up equity shares at a fixed price of Rs 1,800 each, as per…
Infosys shares climbed on Wednesday as investors reacted to the company’s announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The programme is scheduled to open for subscription on Thursday, November 20.On BSE, the stock rose 3.74% to close at Rs 1,541.25, gaining Rs 55. Earlier in the session, the IT giant had…
IT major Infosys is set to launch its largest-ever share buyback programme worth Rs 18,000 crore on Thursday, offering shareholders a tender window until November 26. The initiative will see the IT major repurchase up to 10 crore fully paid-up equity shares of face value Rs 5 each at Rs 1,800 per share, representing as…
Infosys, India’s second-largest IT services company, is gearing up for its biggest-ever share buyback worth Rs 18,000 crore, with November 14, 2025, set as the record date to determine eligible shareholders, according to an ET report.The Bengaluru-headquartered company will repurchase 10 crore equity shares, representing 2.41% of its paid-up capital, at Rs 1,800 per share…
NEW DELHI: Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company’s Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.The promoters collectively hold nearly 13.1% of the company’s equity as on the buyback announcement date. “…the promoter and promoter group of…
