Infosys, India’s second-largest IT services company, has announced a massive ₹18,000-crore share buyback, offering ₹1,800 per share—a 19 percent premium over its recent market price of ₹1,512. This move directly affects over 26 lakh shareholders and signals strategic capital deployment during a period of global tech uncertainty. Key Highlights of the Buyback Buyback Size: ₹18,000 crore Buyback Price: ₹1,800 per share Premium Offered: Approximately 19 percent Shares to be Bought Back: 10 crore equity shares
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India’s benchmark Nifty 50 index extended its rally for the seventh consecutive session on Thursday, notching its longest winning streak in over four months. The index closed at 25,005.5, up 0.13%, while the BSE Sensex added 0.15% to settle at 81,548.73. The sustained momentum was fueled by growing optimism around renewed US-India trade negotiations, domestic tax reforms, and expectations of a US rate cut—all of which helped offset profit-booking in select sectors like IT. What’s
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11September
Oracle’s $244 Billion Single-Day Rally Matches Market Value of TCS, Infosys, and HCL Tech Combined
In a jaw-dropping display of investor confidence, Oracle Corporation added $244 billion to its market capitalization in a single trading session—an unprecedented surge that equals the combined market value of India’s top three IT giants: Tata Consultancy Services (TCS), Infosys, and HCL Technologies. The rally was fueled by Oracle’s aggressive forecast for AI-driven cloud infrastructure growth, signaling a seismic shift in global tech valuations. Oracle’s AI Cloud Vision: A $144 Billion Bet on the Future
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10September
India’s Growth Outlook Strengthens: Fitch Raises FY26 GDP Forecast to 6.9%, Warns of US Trade Risks
In a significant vote of confidence for the Indian economy, Fitch Ratings has upgraded India’s GDP growth forecast for FY26 to 6.9%, up from its previous estimate of 6.5%. The revision follows stronger-than-expected momentum in the services sector, resilient domestic consumption, and robust industrial output. However, the agency also flagged rising trade tensions with the United States as a potential risk to sustained growth. Strong Start to FY26: Services and Manufacturing Drive Expansion India’s economy
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Oracle Corporation has electrified global markets with a bold forecast: its AI-powered cloud revenue is projected to reach $144 billion by fiscal 2030. CEO Safra Catz’s announcement triggered a sharp rally, with Oracle stock surging over 28% in premarket trading. The company’s transformation from a traditional database provider to a dominant force in AI infrastructure marks a pivotal moment for the tech sector—and a fresh wave of opportunity for investors. Oracle’s Cloud Leap: From $18
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