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Spotify Submits App Update to Apple with External Link for Purchases in US
Spotify claims to have submitted an app update to Apple with an external link to buy subscriptions. Both Spotify and Apple have been engaged in a longstanding and contentious rivalry, centered around the Cupertino, California-based company's App Store policies and their impact on the streaming company's business operations.
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Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Apple's $110 Billion Stock Buyback Plan Is Largest In US History
In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
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Rs 17,000 Crore TCS Share Buyback Offer Ends Today: All You Need To Know
Tata Consultancy Services (TCS) is going to conclude its Rs 17,000 crore share buyback offer on Thursday.
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Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars
Infrastructure major Larsen and Toubro's board will meet next week to consider a proposal to buy back shares and payment of a special dividend for FY2023-24, according to a regulatory filing.
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Wipro Shares Climb By 3%, Market Valuation Jumps Rs 5,933.31 Crore
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buyback of up to Rs 12,000 crore.
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Wipro Q4 Net Profit Falls Slightly To Rs 3,074 Crore, Preps Share Buyback
IT major Wipro on Thursday reported a marginal year-on-year decline of 0.4 per cent in net profit to Rs 3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to Rs 12,000 crore.
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Adani Ports Bond Buyback Eases Refinancing Risk, Ensures Liquidity: S&P Global Ratings
The buyback of debt securities by Adani Ports and Special Economic Zone has eased refinancing risk and the company will have "adequate liquidity" over the next 12 months, according to S&P Global Ratings.
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SEBI To Phase Out Share Buybacks Through Stock Exchanges
Sebi Chairperson Madhabi Puri Buch said the regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism.
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Centre Raises Over Rs 4 Lakh Crore Through Disinvestment Since 2014
Strategic sales in 10 companies, including Air India, yielded Rs 69,412 crore to the exchequer in the last 8 years. Share buyback in 45 cases fetched Rs 45,104 crore.
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Dhanuka Agritech Says Stock Buyback Offer To Open On December 26
Dhanuka Agritech Ltd has proposed to buy back 10 lakh shares of face value of Rs 2 each at Rs 850 per share.
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Spotify Submits App Update to Apple with External Link for Purchases in US
Spotify claims to have submitted an app update to Apple with an external link to buy subscriptions. Both Spotify and Apple have been engaged in a longstanding and contentious rivalry, centered around the Cupertino, California-based company's App Store policies and their impact on the streaming company's business operations.
-
Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
-
Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
-
Apple's $110 Billion Stock Buyback Plan Is Largest In US History
In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.
-
Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
-
Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
-
Rs 17,000 Crore TCS Share Buyback Offer Ends Today: All You Need To Know
Tata Consultancy Services (TCS) is going to conclude its Rs 17,000 crore share buyback offer on Thursday.
-
Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
-
L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars
Infrastructure major Larsen and Toubro's board will meet next week to consider a proposal to buy back shares and payment of a special dividend for FY2023-24, according to a regulatory filing.
-
Wipro Shares Climb By 3%, Market Valuation Jumps Rs 5,933.31 Crore
Shares of Wipro climbed nearly 3 per cent on Friday after the company's board announced a share buyback of up to Rs 12,000 crore.
-
Wipro Q4 Net Profit Falls Slightly To Rs 3,074 Crore, Preps Share Buyback
IT major Wipro on Thursday reported a marginal year-on-year decline of 0.4 per cent in net profit to Rs 3,074.5 crore for the fourth quarter ended March 2023 and announced a share buyback of up to Rs 12,000 crore.
-
Adani Ports Bond Buyback Eases Refinancing Risk, Ensures Liquidity: S&P Global Ratings
The buyback of debt securities by Adani Ports and Special Economic Zone has eased refinancing risk and the company will have "adequate liquidity" over the next 12 months, according to S&P Global Ratings.
-
SEBI To Phase Out Share Buybacks Through Stock Exchanges
Sebi Chairperson Madhabi Puri Buch said the regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism.
-
Centre Raises Over Rs 4 Lakh Crore Through Disinvestment Since 2014
Strategic sales in 10 companies, including Air India, yielded Rs 69,412 crore to the exchequer in the last 8 years. Share buyback in 45 cases fetched Rs 45,104 crore.
-
Dhanuka Agritech Says Stock Buyback Offer To Open On December 26
Dhanuka Agritech Ltd has proposed to buy back 10 lakh shares of face value of Rs 2 each at Rs 850 per share.
