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ROUTE MOBILE BUYBACK
Proposed share buyback framework aims to benefit small shareholders, not promotersTo discourage misuse of tax arbitrage, promoters will be subject to an additional buyback tax, raising the effective tax rate to 22 per cen...- Stocks in news: Infosys, Asian Paints, Maruti Suzuki, SBI, NBCCMarkets experienced subdued trading on Thursday, closing marginally higher after a recent rally. Infosys announced a significant ₹18,000 cr...
- Uber bets on loyalty program to drive growth, unveils $20 billion buyback planUber announced a $20 billion stock buyback and forecasted higher Q3 bookings, driven by a 60% jump in Uber One subscribers. These users gen...
- Uber unveils $20 billion stock buyback plan as loyalty program boosts growthUber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ...
- Infosys’ Rs 21 interim dividend record date tomorrow. Last chance to buyInfosys announced an interim dividend of Rs 21 per share, with October 29 as the record date. The payout date is set for November 8. Infosy...
- L&T shares rally over 3% to hit new high on hike in buyback priceAnalysts say L&T is back on the path of ROE enhancement, with buyback and dividend to raise its ROE by 89 basis points. CLSA said FY24's bu...
- L&T increases share buyback offer price to Rs 3,200The Board has also approved to reduce the number of shares to be bought back from investors to 3.12 crore, which represents 2.22% of equity...
- L&T sets record date for its Rs 10,000 crore-buyback. Check detailsUnder the proposed buyback of shares, L&T will take back 3.3 crore shares from shareholders at a maximum price of up to Rs 3,000 apiece, a ...
- As banks hesitate to finance, electric vehicles get a 'lease' of lifeLeasing of vehicles allows the fleet operators to be asset light and channel the capital to other parts of their business instead of spendi...
- Corporate Radar: HUL, Nippon Life India to trade ex-dividend, Adani Ports, Sun Pharma results and moreAdani Ports, Chambal Fertilizers, Cholamandalam, Dhanuka, JK Tyre, Kansai Nerolac, Karnataka Bank, LIC Housing Fiaance, Sun Pharma, Tata In...
- Corporate Radar: Universus Photo to trade ex-dividend, Anjani Foods stock split; RIL, Bajaj Finserv earnings & moreOther than quarterly results, Garware Technical shall consider the buyback of shares. Vodafone Idea’s board will meet for a preferential sh...
- Route Mobile board approves Rs 120 crore buybackThe board also approved the formation of a buyback committee and delegated its powers to do “all such acts, deeds, matters and things as it...
- Stocks in the news: SBI, ICICI Bank, Indian Cements, Route Mobile and ConcorState Bank of India, HDFC Bank and ICICI Bank acquired a 9.54 per cent stake each in Perfios Account Aggregation Services Private Limited. ...
- Route Mobile soars 11% as company board mulls share buybackIn terms of the company's code of conduct for prevention of insider trading, the company said that the trading window of the company remain...
- Corporate Radar: Q4 earnings, share buyback, rights issue & moreThe board of Cigniti Technologies will consider and approve a proposal for buyback of fully paid-up equity shares of the company today.
- Stocks in the news: Vedanta, Lakshmi Vilas Bank, Dixon Technologies, Jet Airways and NTPCState-owned NTPC on Thursday said it has incorporated a subsidiary for its renewable energy business.
- Vodafone Idea will bounce back despite AGR stress, says Bharti InfratelIn an earnings call, Akhil Gupta, Chairman of Bharti Infratel, also said the company believes in returning surplus to shareholders be it by...
- Ten stocks in focus on Tuesday, 21 March 2017IT major HCL Technologies on Monday said its board has approved a buyback of up to 3.50 crore shares worth Rs 3,500 crore.
- Bharti Infratel to buy back shares worth Rs 2,000 croreThe aggregate paid-up equity capital and free reserves of the Bharti Infratel as on March 31, 2016 was Rs 10,348 crores.
- Budget 2016: Well-heeled and middle class put through the wringer as Modi Sarkar imposes a flurry of taxesThe Budget has spelt out all such buybacks in unlisted firms would attract a dividend distribution tax, which works out to 16.75%.
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