Infosys announces Rs 18,000-crore share buyback: What it means for the IT firm’s 26 lakh shareholders

This is the first buyback of shares announced by Infosys since 2022, when the company had agreed to a buyback proposal of Rs 9,300 crore. Infosys on September 11 announced that its board has approved a share buyback proposal worth Rs 18,000 crore, its largest ever. The buyback price has been set at Rs 1,800…

iPhone manufacturer Foxconn plans new facility in Greater Noida, to create 40,000 jobs : Report

The Uttar Pradesh government is reportedly in talks with iPhone manufacturer Foxconn to set up a new facility in the Greater Noida region. According to sources, UP government officials and representatives of the Taiwanese company have already held two rounds of meetings at Delhi and Lucknow on the proposed project. The new facility is likely…

Technical View: Bulls can hope of upmove as long as Nifty holds 22,250 despite negative start to the week

The weekly options data indicated that the Nifty may see a trading range of 22,000–23,000 in the short term, with an immediate range of 22,200–22,700. Nifty Technical View The Nifty 50 slipped into the red in the last couple of hours of trading and closed four-tenths of a percent lower on March 10, making a…