TCS adds â¹16,500 crore to market value on share buyback plan
Tata Consultancy Services (TCS) added â¹16,539 crore to its market value on Wednesday after the company said it will consider a share buyback proposal at its next board meeting. The company's shares surged 2.43%, taking its market capitalisation to â¹6.98 lakh crore ($103.5 billion). TCS had undertaken a â¹16,000-crore buyback offer last year.