The company’s board of directors have approved the buyback of equity shares under the open market route for an aggregate amount not exceeding Rs 225 crore at a maximum buyback price not exceeding Rs 750 apiece. Also, it has declared an interim dividend of Rs 8 per share. 

Under this agreement, Greaves Cotton will provide affordable last mile mobility solutions through BS-VI powertrain solutions to Mahindra & Mahindra. These powertrains will be used in Mahindra three-wheelers, which in turn will serve millions of customers.

Knowing risk is the best way to mange it. Read on to find the different type of risk involved while investing in mutual fund. 

Tata Steel's subsidiary, TSGH has agreed to divest its equity stakes held in China-based NatSteel Holdings and Tata Steel Thailand to a new entity which will be controlled by HBIS Group. This strategic partnership will help Tata Steel expand its south-east Asia business.

Reacting to the pledge invocation, the company’s management clarified that it was in talks with its lenders who have agreed not to invoke the pledge on promoters shares. The company’s promoters have given assurance that they can carry out the strategic stake sale in a time-bound manner.

Hyderabad-based Natco Pharma has launched Valsartan-Sacubitril tablet under its brand VALSAC, the company informed the bourses. This tablet is used for certain types of heart failure and keeps blood vessels from narrowing.

Banks pull down markets massively. Nifty Bank was down 478.45 points or 1.76 per cent. Pharma stocks also experienced selling pressure. Other than IT and media all sectorial indices were trading in red.

When it comes to debt funds, people usually compare it with equity funds in terms of returns and refrain from investing in them. So is dynamic bond funds worth investing in? Let’s find out.

Following stocks are close to their 52-week low as at 12.50 p.m. on January 28, 2019.