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Mindtree Board decided not to proceed with share buyback. Will constitute committee of Independent directors to provide reasoned recommendation in respect of the unsolicited offer by L&T.
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The Economic Times | A Times Internet Limited product
Mindtree Board decided not to proceed with share buyback. Will constitute committee of Independent directors to provide reasoned recommendation in respect of the unsolicited offer by L&T.
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Watch Mindtree board decides not to proceed with buyback of share With HD Quality
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Private lender YES Bank’s board on Friday approved fundraising of up to Rs 10,000 crore through debt and equity. The lender also decided not to proceed with the offer from Erwin Singh Braich/SPGP Holdings.
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Watch Yes Bank gets nod to raise Rs 10,000 crore, decides not to proceed with Erwin Braich’s offer With HD Quality
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Hindustan Aeronautics Limited (HAL) is likely to buyback 10 percent of government shares, which will fetch the government exchequer around Rs 4000 crore.
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Infosys, India’s second largest IT firm, on Friday reported 29.62 per cent drop in consolidated net profit at Rs 3,610 crore for December quarter. The IT firm had posted Rs 5,129 crore profit in the corresponding quarter last year, the company said in a BSE filing. The company announced a share buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. It also announced a special dividend of Rs 4 per share.
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Paytm announces Rs 850 crore share buyback #shorts
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The Economic Times | A Times Internet Limited product
Indian software services exporter Wipro Ltd on Tuesday posted 38 percent rise in fourth-quarter profit, helped by a strong performance from its banking, financial services and insurance segment. Net profit rose to 24.84 billion rupees ($356.54 million) in the three months to March 31, from 18.03 billion rupees in the same period a year earlier, the company said. Wipro also said it will buy back shares worth up to 105 billion rupees. (Text: Reuters)
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