Infosys approves up to Rs 13,000 crore buyback of shares

Infosys approves up to Rs 13,000 crore buyback of shares

India’s second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to Rs 130 billion ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company’s founders. The board...
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Cipla Shares Surge Over 6% On Strong Q1 Earnings

Cipla Shares Surge Over 6% On Strong Q1 Earnings

New Delhi: Shares of drug major Cipla today rose over 6 per cent after the company reported 23.63 per cent rise in consolidated net profit for the first quarter ended June 30. After opening the trade on a positive note,...
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Tata Motors Shares Fall Over 8% After Q1 Earnings

Tata Motors Shares Fall Over 8% After Q1 Earnings

New Delhi: Tata Motors shares on Thursday slumped over 8 per cent after the company’s June quarter earnings failed to meet market expectations. After opening the day on a weak note, shares of the company further plunged 8.23 per cent...
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JP Associate Shares Surge 19% After Posting Profit In June Quarter

JP Associate Shares Surge 19% After Posting Profit In June Quarter

Jaiprakash Associates (JP Associate) shares surged as much as 19 per cent on Monday after the debt-laden company on Saturday reported profit for the first time after many quarters of losses. Its shares made a high of Rs. 30.15 on National Stock...
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Asian Shares Dip On Profit-Taking After Dow Hits 22,000

Asian Shares Dip On Profit-Taking After Dow Hits 22,000

Tokyo: Asian shares dipped on Thursday as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history. MSCI’s broadest index of Asia-Pacific shares outside J...
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Larsen & Toubro Shares Rise 4% On June Quarter Profit

Larsen & Toubro Shares Rise 4% On June Quarter Profit

New Delhi: Larsen and Toubro (L&T) shares rose 4 per cent on Monday, after the company registered a 46 per cent jump in consolidated net profit for the April-June quarter. The stock gained 4 per cent to Rs. 1,206 on...
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