TCS announces Rs 16 billion share buyback

The board of major IT company TCS today approved a share buyback proposal worth up to ₹16,000 crore. TCS plans to buy back up to 5.33 crore of company shares for a total amount not to exceed 16,000 crore. TCS proposed to buy back shares from ₹3,000 per share, which …

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The CCEA approves the standard procedure for the discovery of gas market prices in all contractual regimes

NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) approved on Wednesday the formulation of a standard procedure for the discovery of gas market prices in various contractual regimes, Oil and Natural Gas Minister Dharmendra Pradhan said. Briefing reporters after the cabinet meeting, Pradhan added that the hydrocarbons general directorate …

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