The government has cut price of natural gas by 11 per cent to $3.62 per mmBtu for difficult fields like the one operated by Reliance-BP.

The company also announced that February 24 has been set as the record date for the buyback scheme.

The buyback, which is proposed to be made under the tender offer route, is subject to shareholders' approval by passing a special resolutio...

Analysts said going by past deals in the IT sector, the offer price can be raised.

A total of 33,490 shares changed hands on the counter till 10:45AM (IST).

In February this year, shareholders of NIIT Technologies had approved the buyback plan by requisite majority.

Revenue growth in constant currency terms is expected to be positive in FY21.

Only cash-rich companies with surplus liquidity will be in a position to consider buybacks. These firms will also not be in a hurry to inve...

The sudden rise in share buyback offers this time has more to do with the market fall.

The company had garnered a profit of Rs 19.4 crore in the same period a year ago.

The buyback is proposed to be made from the company's shareholders under the tender offer route through the stock exchange mechanism.

NIIT's board in August approved a proposal to buy back up to 2.68 crore shares from shareholders at Rs 125.

Even in the cases of buybacks, investors rushed to encash the offer made by the companies.

Company had earlier acquired a 30 per cent stake in the technology firm for Rs 2,627 crore.

Benchmark NSE Nifty50 index was down 14.10 points at 10,807.50 around 10:46 am while the BSE Sensex was down 45.05 points at 36,061.45.

Benchmark NSE Nifty50 index was up 36.20 points at 10,838.35 while the BSE Sensex was up 168.58 points at 36,149.51 around 11:11 am.