This step has been taken for "further enhancing transparency, investor protection and governance in the corporate sector," the Corporate Affairs Ministry said in a release.
Following the results, shares of the company erased early gains and tanked 4.85 per cent to Rs 301.10 on BSE.
HDFC Asset Management Company made a blockbuster debut at the bourses on Monday, with its shares surging 65 percent, against the issue price of Rs 1,100 per share
Ghosh said he was expecting a bullish response from the market as the IPO was well received by the investors and retail individuals.
The share buyback programme by Infosys is the first in its 36-year history.
Shares of Anil Ambani owned Reliance Communications (Rcom) plunged to an all-time low on Tuesday, after the company called off its plan to merge with Aircel Ltd
Share markets opened on a flat note while bonds gained slightly despite the weaker-than-expected economic growth data released by the government, with investors still betting that conditions in the Indian economy will improve.
The key Indian equity indices closed at new highs yet again on Tuesday as sentiments remained upbeat on hopes of timely arrival of monsoon rains, and healthy buying was witnesses in healthcare, banking and automobile stocks.
Reliance Jio’s Summer Surprise offer seems to have dented the earnings of top telcos like Bharti Airtel and Idea Cellular.
Amid concerns over President Donald Trump possibly signing a new executive order aimed at overhauling work visa programmes like the H-1B and L1, shares of Indian tech giants like Infosys, TCS and Wipro plunged as much as 9 per cent
mutual fund managed by Morgan Stanley has slashed the value of its Flipkart shares by 38 per cent, for the fourth time over a year, valuing the company at $5.5 billion (approx Rs 38,000 crore).
Mumbai: Key Indian equity indices opened marginally higher on Friday, even as Asia-Pacific shares lost ground.In the West, while the European markets had shed their initial gains to end lower on Thursday, the US markets
New Delhi: A muslim delegation led by BJP leader Mohsin Raza today met Union Minister Dr Najma Heptullah in her office.The delegation discussed Muslim community's issues and concerns with Dr Heptullah. The delegation was assured
Mumbai: Shares of Reliance Industries today gained over 5 per cent after the company and partners BP plc of UK and Canada's Niko Resources slapped an arbitration notice on the Government over the delay in
New Delhi: General Electric has made tender offers to buy shares worth up to $389 million in two of Alstom SA's India units to comply with Indian rules, following its $16.9 billion bid to buy
New Delhi: As many as five listed companies, including Cairn India and DCM Shriram, have announced plans to buyback shares worth nearly Rs 6,000 crore from shareholders this year so far.Other three firms that have
Mumbai: Shares of gas producers like Reliance Industries and ONGC tanked in morning trade on Tuesday after the Election Commission asked the oil ministry to defer new gas price till the general elections are over.
New Delhi: Mutual funds sold shares worth over Rs 10,000 crore during the first 11 months of the current financial year on continued redemption pressure.In contrast, they pumped in a staggering Rs 4.43 lakh crore
New Delhi: Facing heat over Supreme Court-appointed Committee's report, Rajasthan Royals co-owner Raj Kundra today said that he will give up shares in the IPL team if any wrongdoing was found on his part."If an
Mumbai: The benchmark Sensex and the broader Nifty surged to record levels today after the BJP's victory in three state assembly elections sparked optimism about the main opposition party's chances in general elections next year.
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