Institutional Investor Advisory Services (IiAS) on Monday said the buyback of shares at less than Paytm's IPO launch price of Rs 2,150 apiece will favour Paytm's pre-IPO shareholders.
The shares were bought back at a volume-weighted average price of Rs 1,648.53 per equity share, according to public notice.
The share buyback programme by Infosys is the first in its 36-year history.
Motorola Mobility, a Lenovo brand, on Wednesday launched its Moto G5 Plus smartphone in India and will be available exclusively on Flipkart.
TCS on Monday announced buyback of up to 5.61 crore shares for Rs 16,000 crore at Rs 2,850 apiece as it looks to return surplus cash to shareholders.
New Delhi, Mar 1: The government today allowed cash-rich PSUs to buy back government's equity, paving the way for a new and innovative method of disinvestment to achieve the Rs 40,000 crore target this fiscal.The
Mumbai, Jan 18: The country's most valued firm Reliance Industries today said its board will consider tomorrow a share buyback from public investors, prompting an impressive five per cent rally in the company's stock price.
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