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Infosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company's Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the equity base.
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News and Media
Small finance banks have approached the Reserve Bank of India with key requests. They want the regulator to ease a rule requiring half their loans to be under 25 lakh. They also seek permission to participate in co-lending arrangements. These changes aim to help SFBs expand their reach and serve more businesses, particularly MSMEs.
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News and Media
Netflix shares fell more than 10% on Wednesday, as the streaming giant's outlook for the coming quarter left investors nonplussed despite a strong line-up of shows that includes the final season of "Stranger Things".
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News and Media
Bharti Airtel Group led market cap gains among Indias top 10 business houses in Samvat 2081 with a 24.8% rise, driven by strong telecom profitability. The Bajaj and Mahindra groups followed, while HCL Tech and Tata saw declines.
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News and Media
Tech Mahindra shares have fallen nearly 10% in five sessions despite better-than-expected Q2 results. Analysts trimmed FY26FY27 earnings and target prices amid delays in project ramp-ups, weak client spending, and global policy uncertainty impacting near-term margin improvement.
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News and Media
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