Infy to return Rs 13000 cr to shareholders & CAs on ED radar

THE ECONOMIC TIMES Thu, Apr 13, 2017 | 05:37 PM IST Daily Newsletter

Infosys disappoints with Q4 results, but makes shareholders happy: Key takeaways The company announced a big bonanza for shareholders, pledging to return Rs 13,000 crore from its cash reserves as dividend or share buyback in FY18.

Sikka says all's well, but Infosys promoters lost over Rs 1,200 crore during March quarter Nandan Nilekani, S Gopalakrishnan, SD Shibulal and K Dinesh saw wealth erosion by Rs 268 crore, Rs 307 crore, Rs 179 ...

ED conducts searches on CAs, tax professionals in Delhi Professionals in Karol Bagh, Laxmi Nagar, Model Town, Azadpur, Dilshad Garden and few other areas were raided by the ...

BJP wins bypolls in Delhi, HP, MP, Assam; Congress bags Karnataka seats The thumping victory in the national capital was sweet music for the BJP ahead of the Municipal Corporation of Delhi ...

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India to make coaches for some of the world's biggest metro projects Alstom & Bombardier want to exploit India's large pool of engineers and cheap skilled labor that have helped turn the...read more Where there is a will: Prachi Sukhwani makes it to IIM with 80% vision loss »  Did you buy a PC without an operating system? Here are some free alternatives to Windows & Mac »

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Need to reduce 'friction' in businesses in India... Narayana Murthy, Founder, Infosys

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ETMarkets After Hours: IT stocks tank; smallcaps outshine Because of bearish global trend, participants were in the profit-taking mood from the beginning. The IT pack plunged,... Goldman biggie feels India's stock market optimism is a big hype "India is the single most expensive market globally; the rupee is overvalued, & earnings estimates have been declinin... DIPP, World Bank release reforms list for states ​​States will have to implement these reforms by October 31, 2017. Government will then gather feedback from users to... Government's nod to refund claims to provide relief to exporters: FIEO "This is an encouraging decision of the government which will provide relief to exporters in their export efforts," F...

Market Watch 13 Apr | 05:37PM| SENSEX NIFTY USD/INR GOLD 29461.45 ↓-182.03 9150.80 ↓-52.65 64.40 ↓-0.27 29372.00 ↑143.00

MARKET NEWS

Will pharma contintinue to outperform IT Despite USFDA issues and price erosion in the US business, pharma is likely continue to outperform IT in the near ter...

The return of FIIs: These 50 stocks from BSE500 index surged up to 120% in 2017 The top gainers on the list included Future Retail, which doubled investor wealth between December 30, 2016 and April...

Gainers Losers 13 Apr, 2017, 05:37PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Unjha Formulations Ltd. 20.11 19.99 30328 20.11 18.00 Onward Technologies Ltd. 95.80 19.97 313419 95.80 81.75 Barak Valley Cements Ltd. 36.10 19.93 136569 36.10 30.25

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Is you job giving you stress? PM Modi may help Read the good, bad and ugly about mobile banking This Gurudwara in Dubai just made it to Guinness 10 numbers to take note of from Infosys Q4 earnings More Slideshows

FROM THE NEWSPAPER

All India Radio airs 'save Kulbhushan Jadhav' pitch to Pakistan audience AIR bulletins on Kulbhushan Jadhav are part of India's diplomatic offensive. Airing of Jadhav related content started...

Narendra Modi's ministers get class on GST, Digital India The meeting of the Council of Ministers was called by the PM after passage of legislations related to the GST in the ...

Sebi plans to make monitors mandatory for IPOs up to Rs 500 crore Sebi may discuss allowing options trading for commodities, unified licence for brokers, use of e-wallet for investmen...

KKR to be opportunistic in debt and aggressive in private equity, says Henry Kravis "We like to refer to ourselves as the largest private capital player here. We've deployed about $4 billion in debt in...

Armed with Rs 9,000 crore, Flipkart eyeing new businesses to take on Alibaba and Amazon Its plans to turn profitable in specific categories comes at a time when it faces Amazon's $5-bn war chest in India, ...

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Where there is a will: Prachi Sukhwani makes it to IIM with 80% vision loss Cannes Film Festival 2017: Lineup features Sofia Coppola, Haneke and Ozon films Facebook Messenger now has over 1.2 billion monthly active users

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