On Wednesday, the TCS Board had approved an upto Rs 18000 crore buyback offer entailing 4 crore shares at Rs 4,500 apiece.
This is the company's fourth and biggest share repurchase plan announced by the country's biggest software services firm.
The Board of Directors will consider a proposal for buyback of equity shares of the Company, at its meeting to be held on January 12, 2022.
The market valuation of Tata Consultancy Services jumped Rs 71,761.59 crore to reach Rs 13,46,325.23 crore. Infosys added Rs 18,693.62 crore taking its valuation to Rs 7,29,618.96 crore.
On Wednesday, the stock market sustained with decent upside move on the Thursday session. NSE Nifty closed 121 points higher at 17,536 levels, BSE Sensex shot up 454 points and closed at 58,795 levels.
Asian Paints was the top gainer in the Sensex pack, rallying around 6 per cent, followed by ICICI Bank, Sun Pharma, Nestle India, Dr Reddy’s and TCS.
Last week, the 30-share BSE benchmark Sensex declined by 484.33 points or 0.79 per cent. Market benchmarks -- Sensex and Nifty -- declined for the fourth consecutive session on Friday.
The run came in the back of policy announcements for the telecom and automobile sector; NTPC emerged as the top gainer in the Sensex pack
PowerGrid was the top gainer in the Sensex pack while NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank gained comparatively less
Reliance Industries Ltd's market valuation tumbled by Rs 60,829.21 crore to Rs 12,23,416.97 crore.
The visa programme allows employers to temporarily employ foreign workers in the US on a non-immigrant basis in specialty occupations or as fashion models of distinguished merit and ability.
Shares of the company on Monday opened at Rs 3,429, rising 4.39% to touch an intra-day high of Rs 3,557 on BSE
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.