Markets - general
TCS to buy back shares worth Rs16,000 crore
20 Feb 2017
The share buyback, when completed, will be India's biggest, surpassing Reliance Industries' 2012 share repurchase of Rs10,400 crore
TCS follows Cognizant, board set to okay share buyback
17 Feb 2017
While details of the TCS buyback proposal will be known on Monday, the assumption is that it would buy back shares up to 10 per cent of its net worth or about Rs8,400 crore from its cash kitty of over Rs38,000 crore