Earlier in the day, Flipkart announced raising $3.6 billion in funding from a clutch of investors that valued the e-commerce major at $37.6 billion
While staying the penalties, the tribunal directed Cairn India and others involved in the case to deposit Rs 2.5 crore with Sebi within three weeks
Bengaluru-based Infosys has proposed to buy back shares at a maximum price of Rs 1,750 apiece
The buyback is part of the Bengaluru-based company's capital return of Rs 15,600 crore, which also includes a final dividend of Rs 6,400 crore
Buyback happens when a company buys its own shares from the market at a premium price for a number of reasons like to increase the value of remaining