TCS board to consider buyback on February 20

India’s largest software company, TCS, confirmed this morning it would consider doing a buyback on February 20, in line with recent calls by investors that IT companies look for ways to return excess cash to shareholders.

TCS board to consider buyback on February 20


Sasikala convicted LIVE: Chinnamma reaches Bengaluru’s Parappana Agrahara jail to surrender

Sasikala surrenders


Sasikala surrendered in Bengaluru’s Parappana Agrahara jail on Wednesday. According to some reports, clashes erupted between two AIADMK factions outside the jail. Two Tamil Nadu cars were vandalised in Bengaluru.

Donald Trump’s Cabinet: President knew Flynn misled White House weeks before ouster

Washington: Just six days into his presidency, Donald Trump was informed his national security adviser had misled his vice president about contacts with Russia. Trump kept his No. 2 in the dark and waited nearly three weeks before ousting the aide, Michael Flynn, citing a slow but steady erosion of trust, White House officials said Tuesday.

File photo of Michael Flynn. Reuters

Sensex tanks 184 points on earnings pain, US Fed’s hawkish comments

Mumbai: Disappointing corporate earnings weighed on equities for the second straight session today, sending benchmark Sensex tumbling 184 points to a two-week closing low of 28,155, while hawkish comments from US Fed chair Janet Yellen heightened capital outflow fears.

Auto, realty and pharma counters took a big hit. Profit-booking by retail investors dragged small-cap and mid-cap indices lower by 1.52 percent and 1.16 percent,

India vs Australia: Matt Renshaw’s ability to handle spin will be key to visitors’ chances in Test series

Indian cricket fans of certain age would all claim that they watched the epic Test series of 2001; that they were all either at the Eden Gardens or at the Chepauk Stadium, or glued to the television. It was a comeback for the ages by India against the all-conquering Australians under the tough-as-nails Steve Waugh. Amongst those Aussies was a burly left-handed opening batsman with a weathered visage from Queensland that swept his way back in to the side.

Australia's batsman Matt Renshaw. AFP