Feb 20, 2017 at 10:04 | Source: CNBC-TV18
The company's networth stands at USD 12.4 billion. According to buy back rules, if TCS wants to avoid a shareholder nod, it can opt for a 10 percent buyback of shares which would be arounf USD 1.24 billion. With a shareholder approval, the company can go upto a 25 percent share buyback which will be USD 3.1 billion.
Feb 20, 2017 at 09:15 | Source: Moneycontrol.com
TCS, HUL, GAIL, Wipro, Bharti Airtel, Idea Cellular, Kotak Mahindra Bank and HCL Technologies were early gainers while Maruti Suzuki, Tata Motors, HDFC Bank, ITC, Cipla, Tata Motors (DVR) and Eicher Motors were losers.
Feb 19, 2017 at 10:36 | Source: Forbes India
While buybacks are not new to the Indian market, they are not as popular when compared to the US market
Feb 18, 2017 at 13:49 | Source: Reuters
The sector, led by Tata Consultancy Services, Infosys Ltd and Wipro Ltd, is lobbying hard as the new US administration under President Donald Trump considers putting in place visa restrictions.
Feb 18, 2017 at 10:42 | Source: Moneycontrol.com
Indian ADRs ended mostly lower on Friday. HDFC Bank fell 0.28 percent and Dr Reddy's Laboratories fell 0.28 percent.
Feb 17, 2017 at 14:00 | Source: Moneycontrol.com
Sun Pharma, HDFC Bank, GAIL, ICICI Bank, Cipla and Tata Motors were top gainers while Infosys, Asian Paints, TCS, Hero Motocorp, Wipro, Bharti Infratel, Hindalco and Idea Cellular were under pressure.
Feb 17, 2017 at 11:17 | Source: CNBC-TV18
Prakash Gaba of prakashgaba.com advises buying Cadila Healthcare on dips.
Feb 17, 2017 at 08:11 | Source: Moneycontrol.com
Indian ADRs ended mostly higher on Thursday. Tata Motors added 2.04 percent and Wipro was up 0.42 percent.
Feb 16, 2017 at 12:30 | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres and JSW Steel and advises buying Tech Mahindra.
Feb 16, 2017 at 08:08 | Source: Moneycontrol.com
Indian ADRs ended mixed on Wednesday. Tata Motors slipped 3.05 percent and Dr Reddy's Laboratories was up 0.32 percent.