IT major Infosys has bought back 11.05 crore of its shares under its Rs 8,260-crore buyback offer that began in March this year.

"...The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share; and deployed an amount of Rs 82,59,99,99,430.03 deploying 99.999999 per cent of the maximum buyback size (excluding transaction costs)...till August 26," Infosys said in a regulatory filing on late Monday night.

Nearly 40,000 fires are incinerating Brazil’s Amazon rainforest, the latest outbreak in an overactive fire season that has charred 1,330 square miles of the rainforest this year.

Don’t blame dry weather for the swift destruction of the world’s largest tropical forest, say environmentalists.

The government on Monday offered for bidding seven new areas for prospecting of oil and natural gas on revamped exploration terms that look to expedite cut in import dependence by raising domestic output.

Five blocks offered are in little-explored Vindhyan sedimentary basin, while one block is in Bengal Purnea basin. The remaining block is the proven basin of Rajasthan, according to a press statement by the Directorate General of Hydrocarbons (DGH).

India’s economic numbers have for some time looked better than the facts warranted, feeding an overconfidence in New Delhi about the country’s prospects. Thankfully, that’s begun to change. The Reserve Bank of India, the International Monetary Fund, investment banks and ratings agencies have all recently cut their estimates of 2019 growth sharply.

Bengaluru: Paytm Money, one of India's largest online platforms for mutual fund (MF) investments, on Friday announced a new offering which allows users to subscribe to NFOs (New Fund Offers) of mutual funds. With this, the platform will allow investments in NFOs from all 40 AMCs in India.

State-run Bharat Heavy Electricals Limited (BHEL) on Monday said it has secured two orders worth Rs 2,500 crore from NTPC for setting up of emission control equipment at two of its thermal power plants. “Valued at around Rs 2,500 crore, the orders have been placed on BHEL by NTPC. The orders involve supply and installation of Flue Gas Desulphurisation (FGD) systems for 13 coal based units at 2,600 mega watt (MW) Korba STPS stage I, II and III in Chhattisgarh and 2,100 MW Ramagundam STPS stage I and II in Telangana,” BHEL said in a BSE filing.

Kanchipuram: At least one person died while four others were injured in a blast near Gangai Amman Temple in Thiruporur on Sunday, police said.

The 'mysterious' explosion sent shock waves among the people in the locality and they had immediately gathered around the temple. To their dismay, they noticed a portion of the temple's compound wall and that of the neighbouring structure were damaged due to the explosion.

St John's: As India registered a comprehensive 318-run win over West Indies in the first Test of two-match series, skipper Virat Kohli added yet another feather to his cap, becoming the most successful Indian captain in overseas Tests.

Kohli went past former captain Sourav Ganguly to achieve the feat. This was Kohli's 12th overseas Test victory. He broke the record in his 26th match as skipper on foreign soil on Sunday. Ganguly had 11 Test wins from 28 matches.

Korea’s Hyundai will continue to make diesel cars in India at least for another 10 years even as rival Maruti has decided to stop using diesel powertrains by 2020.

“Diesel will be sustainable. It will be available till 2030 at least. But if you ask me if it will be sustainable after 50 years from now, I cannot predict,” J.R. Chun, director, engine performance testing, Hyundai Motor Co, said at the launch of the Hyundai Grand i10 NIOS in New Delhi last week.

Senior Congress leader P Chidambaram on Monday moved the Supreme Court, saying his plea challenging the trial court’s order remanding him to CBI custody in the INX medica case has not been listed for hearing today despite the apex court’s direction on August 23.

Senior advocate Kapil Sibal, appearing for Chidambaram, mentioned the matter before a bench headed by Justice R Banumathi and said that during the hearing on Friday last, the court had said that the plea challenging the remand order would be taken up for hearing today but it has not been listed for arguments.

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