IT major Infosys is set to launch its largest-ever share buyback programme worth Rs 18,000 crore on Thursday, offering shareholders a tender window until November 26. The initiative will see the IT major repurchase up to 10 crore fully paid-up equity shares of face value Rs 5 each at Rs 1,800 per share, representing as…
Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday, signalling a sharp retreat in risk appetite across global markets. The world’s biggest cryptocurrency, which touched a record high above $126,000 in October, has now surrendered all its gains for 2025 and is down nearly 30 per cent from its…
Many taxpayers who completed their income tax return (ITR) weeks or even months ago are still waiting for their refunds despite the September 16, 2025 filing deadline having passed long ago. With bank accounts being checked daily, the tax department says the delays are tied to closer scrutiny of questionable deduction claims.Launching a taxpayers’ lounge…
Microsoft on Tuesday announced a sweeping cloud infrastructure partnership with artificial intelligence firm Anthropic and chipmaker Nvidia, marking a significant realignment in the technology giant’s AI alliances as it moves further away from exclusive dependence on OpenAI, AP reported.Anthropic, the developer of rival chatbot Claude, said it will commit to purchasing $30 billion worth of…
Elon Musk‘s Tesla A new global survey suggests that political considerations are shaping electric vehicle (EV) buying choices, with more than four in 10 EV drivers saying they would steer clear of Tesla due to its political associations. The findings come from an international poll conducted for the Global EV Alliance, which represents national EV…
Wall Street lost ground again on Tuesday as a fresh slide in Nvidia and other major technology stocks weighed on sentiment, adding to concerns that recent valuations had climbed too high. Early trading saw the S&P 500 fall 0.3%, with the Dow Jones Industrial Average dropping 361 points and the Nasdaq composite declining 0.6%, AP…
The government has approved 17 additional applicants under the Production Linked Incentive (PLI) Scheme for textiles in the third selection round, a move the Textile Ministry said will strengthen domestic manufacturing and improve India’s competitiveness in man-made fibre (MMF) apparel, MMF fabrics and technical textiles.According to the ministry, the newly approved companies have committed investments…
H-1B visas are important: they are the route to getting highly skilled foreign nationals to work in the US. (AI image) H-1B visas, on which the Donald Trump administration is imposing increasing restrictions, are actually beneficial for the US economy and unlike some people who claim that they constitute ‘cheap labour’, evidence seems to suggest…
Are investors lining up out of long-term interest? Not at all. The game is played for listing gains. (AI image) By Ashish MenonApplying for IPOs has quietly become a national pastime. Every few weeks, millions of investors line up online, hoping for that one lucky allotment. The attraction isn’t ownership, growth, or dividends. It’s the…
India’s economy is likely to have expanded by around 7.5 per cent in the second quarter of FY26, supported by stronger investment activity, improving rural demand and the effects of GST rationalisation, according to a research report by the State Bank of India (SBI). As per news agency ANI, the report said growth continues to…