Crude prices climbed over 1% as supply disruption in the Strait of Hormuz and stalled US-Iran talks kept markets on edge, raising concerns over India’s import bill and fuel marketing losses. Global crude oil prices continued to trade higher on Friday morning amid ongoing supply disruptions through the Strait of Hormuz and little progress in…
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…
The Adani Group is exploring a tieup with Chinese EV giant BYD Co. that would allow billionaire Gautam Adani’s conglomerate to manufacture batteries in India and extend its push into clean energy, according to people familiar with the matter. Adani is personally heading discussions with BYD executives, which have taken place as recently as…
NSDL’s IPO will open for subscription on July 30 and close on August 1, with anchor investor participation beginning on July 29. The issue which is a pure offer for sale aims to raise around Rs 4,011 crore. Investors of National Securities Depository Ltd (NSDL) have been taken aback after the company announced its…