European shares surge ahead of ECB outcomeThe pan-European STOXX 600 index rose 1.4 per cent by 0813 GMT, eyeing its best day in over a week, with tech and energy sectors leading th...
16 Dec, 2021, 03.00 PM IST
Novartis launches new share buyback of up to $15 blnThe Swiss pharma company confirmed it expected sales to grow by 4% or more through 2026. Its capital allocation strategy aims to combine in...
16 Dec, 2021, 12.00 PM IST
Blue-chip earnings, travel stocks boost European sharesThe pan-European STOXX 600 index rose 1.4%, extending Tuesday's small gains. Travel and leisure stocks jumped 4.2% after getting hammered r...
21 Jul, 2021, 02.21 PM IST
European shares weighed down by defensives; banks get yield boostThe pan-European STOXX 600 benchmark index was down 0.5 per cent.
04 Oct, 2018, 02.31 PM IST
Buybacks hit six-year high in FY17; more companies are lining up offersThis week, TCS announced a buyback of Rs 16,000 crore, which came in amid increasing pressure from investors to look at utilising large cas...
24 Feb, 2017, 05.44 PM IST
Balrampur Chini, Dhanuka Agritech rise on approval of share buyback proposalOn Tuesday, the stock of Allcargo Logistics was trading 2.81 per cent higher at Rs 186.40, while Navneet Education was trading 0.22 per cen...
03 Jan, 2017, 10.52 AM IST
Cash-rich Indian companies take buyback route to reward investorsBuybacks have started gaining momentum after the 10% tax on investors’ earning dividends above Rs 10 lakh came into effect on April 1.
01 Jun, 2016, 06.06 AM IST
Novartis slumps after Q4 numbers, buyback announcementCompany said its standalone total income from operations stood at Rs 167.27 cr for Q4, compared with Rs 207.64 cr in the corresponding peri...
27 May, 2016, 03.42 PM IST
Novartis India shares jump over 17% on buyback planThe company’s shares closed at Rs 833 on the Bombay Stock Exchange. On May 18, the company had announced it would hold its board meeting on...
25 May, 2016, 02.31 AM IST
Novartis India surges as company mulls share buyback planThe company in a filing to the bourses said it would take up the issue of share buyback plan at its board meeting on May 26.
24 May, 2016, 04.11 PM IST
- Jeremy Levin named as next CEO of Teva Pharmaceutical Industries
Teva Pharmaceutical Industries Ltd named Jeremy Levin of Bristol-Myers Squibb Coto to replace Shlomo Yanai as chief executive officer.
03 Jan, 2012, 06.13 AM IST
- Nestle starts 10 bln franc share buyback programme
Nestle, the world's biggest food group, will start its 10 billion Swiss franc ($8.85 billion) share buyback programme on June 29 and expect...
18 Jun, 2010, 12.21 PM IST
- Nestle makes $9.55 bn full-year profit
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant ...
19 Feb, 2010, 03.19 PM IST
- MNC arms’ delist plans may hit price wall
A number of multinational companies are looking to delist the stock of their Indian subsidiaries or increase their stakes through share buy...
01 Jun, 2009, 12.02 AM IST
- Nestle reports 69% rise in 2008 profit
Swiss food and drinks giant Nestle SA reported on Thursday a 69 per cent increase in full-year net profit thanks to a windfall from the sal...
19 Feb, 2009, 04.14 PM IST
- Nestle's 1H profits up 6.1 pc
Nestle SA, the worlds biggest food and drink company, reported a 6.1 pc growth in first-half net profits Thursday despite rising transport ...
07 Aug, 2008, 04.30 PM IST
- Novartis eyes share buy backs
When asked whether Novartis was interested in buying U.S. biotechnology firm MedImmune , Vasella said biotech firms were "on our radar scre...
14 Apr, 2007, 12.00 PM IST