Recently, two major oil PSUs (public sector undertakings) - Indian Oil Corporation (IOC) and Oil and Natural Gas Corporation (ONGC) - announced their respective share buyback programmes as part of the government's divestment drive.

IOC plans to buyback 297.7 million shares at a price of Rs 149 apiece, amounting to Rs 44.35 billion. This apart, the company has also declared an interim dividend of 67.5 per cent i.e. Rs 6.75 per equity share of face value of Rs 10 each for the financial year 2018-19.

RSS leader Indresh Kumar likened Congress leader Navjot Singh Sidhu, and actors Aamir Khan and Naseeruddin Shah to Rajpur king Jaichand and Najafi Nawab of Bengal Mir Jafar while referring to the trio as 'traitors.'

Speaking to media after an event here on Monday, Kumar opined that India doesn't need Muslim youth like Ajmal Kasab (lone terrorist caught alive after 26/11 attack), but rather like former president APJ Abdul Kalam.

After posting the best quarter in four years, Indian bonds are pitted against a familiar foe: likely record debt sales by the government to finance populist measures before national elections due by May.

Prime Minister Narendra Modi’s administration may announce Friday plans to borrow Rs 6.4 trillion ($90 billion) for the next fiscal year in its budget, according to the median estimate of 15 strategists in a Bloomberg News survey.

Ambati Rayudu was Monday suspended from bowling in international cricket by the ICC after the Indian player opted against getting his suspect action tested within the stipulated 14-day period.

Rayudu was reported for a suspect action during the first ODI against Australia on January 13.

Shares of ICICI Bank were trading lower for the eighth straight day at Rs 338, down 5 per cent on the BSE, on the back of heavy volumes. It was trading at its lowest level since December 11, 2018.

The stock of private sector lender has fallen 10 per cent since January 16, 2019, as compared to a 2 per cent fall in the S&P BSE Sensex. It hit a record high of Rs 383 on January 9, on the BSE in the intra-day trade.

Shares of Dish TV India hit a 10-year low of Rs 19.10 apiece, down 15 per cent on the National Stock Exchange (NSE) in the intra-day trade on Monday, despite clarification that the company had no dealings whatsoever with Nityank Infrapower and Multiventures Ltd, as per the media reports.

Today, the stock climbed as much as 11 per cent to Rs 24.80 in the intra-day session on NSE.

Shares of three automobile companies – Mahindra & Mahindra (M&M), Hero MotoCorp and Maruti Suzuki India – along with Adani Ports and Special Economic Zone and nine stocks from the Nifty 50 index Cipla, Coal India, Grasim Industries, JSW Steel and Tata Steel hit their respective 52-week lows on Monday.

Reliance Capital, Reliance Home Finance and Reliance Infrastructure from Anil Ambani-led Reliance Group were among 70 stocks from the Nifty 500 index that touched 52-week lows.

With adoption of protectionist policies by governments across the world, a lot of human resource related actions of Wipro are now shifting to onsite locations including the US, Europe and Australia. The IT services firm is replicating a model similar to that of India, which it has been following for quite long, to ramp up delivery presence and hire more locals as part of its workforce in client geographies.

A police constable and a notorious criminal died during an encounter in Amroha on Sunday, a senior UP government official said.

The incident took place in Indrapur village which comes under the jurisdiction of Bachhraaun police station.

The US-Bangla airline Bombardier UBG-211 crash that occurred in March last year took place as the pilot who was in charge of the flight had smoked inside the cockpit despite restrictions, authorities confirmed on Sunday.

The company has a policy of ‘No Smoking’ in all the flights, domestic as well as international. The PIC (pilot in command) was a smoker as per information received by the commission.

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