Cognizant ups 2026 share buyback target by $1bn

BENGALURU: Cognizant has said its board approved a $2 billion increase to its existing share repurchase programme and raised its 2026 share buyback target to $2 billion, up from the earlier target of $1 billion. The additional $1 billion in buybacks is expected to be completed during the Sept quarter of 2026.The announcement pushed Cognizant’s…

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IndianOil profit soars 2.8 times in 2025-26

NEW DELHI: Indian Oil Corporation, the country’s largest oil marketing company, Monday said that its net profit soared 2.8 times to Rs 36,802 crore during the last financial year, compared with Rs 12,962 crore a year ago, partly driven by inventory gains.During the Jan-March quarter, IndiaOil’s net profit jumped over 1.5 times to Rs 11,378…

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Sensex edges up as foreign funds buy aggressively

MUMBAI: Foreign fund buying helped sensex settle marginally higher on Monday, despite crude oil prices continuing the recent uptrend and rupee hitting a new record low against the dollar. Some short covering during the closing hours of the day’s session also helped the up move on Dalal Street, market players said.With fresh tensions brewing between…

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Petrol, diesel prices increased by 90 paise

Petrol and diesel prices were increased by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week.According to industry sources cited by news agency PTI, petrol prices in Delhi rose to Rs 98.64 per litre from Rs 97.77 earlier, while diesel rates increased to Rs 91.58 per…

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