Infosys plans ₹18,000 crore buyback
Your daily dose of business news
🗞️ Infosys plans ₹18,000 crore buyback program
Infosys announced a record buyback of ₹18,000 crore to repurchase shares, pushing its stock up ~2%. The move signals management confidence and strong cash flow discipline.
💬 Expert Take — Rajesh Shah, Market Strategist: “A large buyback usually supports shareholder value when growth opportunities are limited — this strengthens investor trust.”
🗞️ JBM Auto surges 8.5% after IFC electric-bus deal
JBM Auto shares jumped ~8.5% as IFC committed $100 million investment to expand its electric bus manufacturing capacity in India. Helps push the EV infrastructure surge.
🗞️ SEBI’s options crackdown wipes out ₹1.75 lakh crore
Regulatory action against “options lottery” trading caused a major market correction, leading to a ₹1.75 lakh crore loss for retail and institutional investors on BSE and NSE.
🗞️ Oracle & OpenAI ink $300 billion computing pact
Oracle and OpenAI entered into a computing infrastructure deal worth $300 billion, aimed at accelerating large-scale AI deployment globally.
🗞️ DeepMind aims to shorten drug discovery timelines
DeepMind’s CEO said AI could cut down the drug discovery process from years to months, potentially transforming healthcare innovation.
🗞️ Tata Capital IPO scheduled for early-October launch
Tata Capital is preparing to launch its IPO, valued at approximately $2 billion, in the first half of October — expected to be one of the largest financial sector listings.
🗞️ UK awards £400 million data security contract to Google Cloud
The UK government granted £400 million contract to Google Cloud to manage classified information, boosting its sovereign cloud footprint.
🗞️ Market ends in green on Fed rate cut hopes & trade optimism
Sensex and Nifty ended up as global cues and talks of U.S. rate cuts lifted sentiment; auto, metals, and finance sectors led gains.
📊 Market Update – 12 Sep 2025
📈 Sensex: 81,904.70 ▲ +355.97 (+0.44%)
📈 Nifty 50: 25,114.00 ▲ +108.50 (+0.43%)
💱 USD/INR: ₹88.27
🛢️ Brent crude: ~$67.4/bbl