Hinduja Global Solutions, Hinduja Group's business process management entity, approved the buyback of 6 million shares worth Rs 1,020 crore in the board meeting held on Monday.

The shares, with a face value Rs 10 each, will be bought at "a buyback price not exceeding 1,700 (Rupees one thousand seven hundred only) per Maximum Buyback Price payable in cash

India’s biggest carmaker, Maruti Suzuki India Ltd., said government levies put vehicles beyond the reach of much of the population, adding to criticism of the country’s tax regime from Tesla Inc. and Toyota Motor Corp.

“Government policies are such that they treat cars as luxury products that need to be heavily taxed,” Maruti Chairman R.C. Bhargava said at an event in New Delhi Monday. “Car affordability is not at all related to income.”

India’s largest private bank HDFC Bank Ltd. is seeking to issue a million credit cards a month, a remarkable bounce-back for the lender after the country’s regulator banned it from taking on new card clients two years ago.

The bank wants to double the current pace of half a million new credit card issuances every month, according to Parag Rao, country head for payments business, consumer finance, digital banking and marketing.

Shares of sugar companies were on a roll as they rallied up to 20 per cent for a second straight trading day on Monday on the back of heavy volumes.

According to a PTI report, the government may consider increasing sugar export quota for the current 2022-23 marketing year after assessing the domestic production in January.

Lionel Messi's once-in-a-generation career is complete. The Argentina superstar is finally a World Cup champion.

Messi scored two goals and then another in a shootout as Argentina beat France 4-2 on penalties Sunday to claim a third World Cup title despite Kylian Mbappé scoring the first hat trick in a final in 56 years.

India logged 135 new coronavirus infections, while the active cases increased marginally to 3,559 from 3,552, according to the Union Health Ministry data updated on Monday.

The Covid case tally was recorded at 4.46 crore (4,46,76,087).

The death toll stands at 5,30,674 with two fatalities reconciled by Kerala, the data updated at 8 am stated.

In the next five years, the Centre will build a 1,748 km long "frontier highway" close to the India-Tibet-China-Myanmar border in Arunachal Pradesh. It will be as close as 20 km from the international border, a report by the Times of India (TOI) said.

The two-lane highway, NH-913, will aim to stop infiltration in the border areas and will be built by the transport ministry.

Koo -- the Made-in-India rival of Twitter -- has offered to migrate all historic tweets of any Twitter user willing to shift to its platform that will continue to not charge users for verification badge, its co-founder and CEO Aprameya Radhakrishna said.

Since taking over Twitter in a USD 44 billion deal in October, Elon Musk has sacked its employees, overhauled its moderation policies, put a price for account verification, and restored previously banned accounts including that of former US President Donald Trump.

Auto component maker Shriram Pistons & Rings on Friday said its unit will acquire a majority stake in electric motor design and manufacturing firm EMF Innovations to foray into the electric vehicle mobility space.

SPR Engenious Ltd (SEL), a wholly-owned subsidiary of the company, is slated to acquire the stake.

After receiving in-principle approval for inducting B777 aircraft on a wet lease basis from the Ministry of Civil Aviation (MOCA), IndiGo has now applied for final approval from the aviation regulator DGCA for these operations as per the prescribed procedure.

In coordination with the process of these approvals, IndiGo will soon make this 777-capacity available for sale on the Delhi - Istanbul - Delhi route, subject to regulatory approvals.

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