Infosys upcoming buyback proposal highlights why companies repurchase shares. Buybacks boost EPS, signal undervaluation, and stabilise stock prices. They return excess cash, offset ESOP dilution, and defend against hostile takeovers. Unlike dividends, they offer flexibility and can be tax-efficient. Investors view buybacks as confidence in fundamentals and growth.
Nepal faces political turmoil as the prime minister's resignation, triggered by deadly anti-corruption protests sparked by a social media ban, has created uncertainty. The army is seeking talks with leaderless 'Gen Z' protesters while constitutional options, including forming an interim government or amending the constitution, are being explored.
