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Share buybacks boost earnings per share and make companies look leaner, but high taxes often reduce gains for Indian retail investors. Experts advise evaluating post-tax returns carefully, as selling shares in the market may offer better after-tax outcomes.
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iValue Infosolutions, backed by Creador, will launch IPO via an offer-for-sale of 1.87 crore shares from September 1822. The Bengaluru-based tech solutions integrator serves large enterprises with cybersecurity, cloud, and digital infrastructure services. Listing is planned on BSE and NSE.
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News and Media
Indian markets closed higher on Friday, with Nifty 50 rising for an eighth consecutive session, supported by softer U.S. labor data, potential Fed rate cuts, and progress in U.S.-India trade talks. Domestic buying interest was seen in JBM Auto, Hindustan Copper, and Gujarat Mineral Development, while global markets showed mixed trends.
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