Nifty 50

Infosys Board of Directors approved a proposal to buyback equity shares worth ₹18,000 crore at ₹1,800 per share on September 11, 2025. The buyback will purchase up to 10 crore fully paid-up equity shares representing 2.41% of the total paid-up equity share capital. The buyback will be conducted through tender offer route on a proportionate basis to all equity shareholders as on a record date to be announced later. The proposal requires shareholder approval through postal ballot and other statutory approvals. A buyback committee has been constituted comprising the Chief Financial Officer, Chief Legal Officer & Chief Compliance Officer, and Company Secretary. The company will seek exemptive relief from the U.S. Securities and Exchange Commission due to conflicting regulatory requirements between Indian and U.S. laws. ADS holders may participate by cancelling ADSs and withdrawing underlying equity shares to become equity shareholders on the record date. The buyback size does not exceed 25% of aggregate paid-up capital and free reserves based on financial statements as of June 30, 2025.

Mahindra & Mahindra stated that all its engines are safe to operate on E20 fuel, which contains 20% ethanol blended with petrol. Vehicles manufactured after April 1, 2025, have been specially calibrated for E20 to ensure optimal acceleration and fuel efficiency. While older models remain safe for E20 use, some drivers may notice minor changes in mileage and performance based on driving behavior. The company committed to honoring all warranty obligations related to E20 usage and expressed support for government alternative fuel initiatives. E20 is now available at nearly 90,000 outlets nationwide, with some motorists expressing concerns about impacts on older vehicles. Road Transport Minister Nitin Gadkari dismissed online criticism of the E20 rollout as politically motivated, stating that testing agencies have confirmed no implementation problems.

The Financial Services Institutions Bureau (FSIB) has recommended Ravi Ranjan for the position of managing director at State Bank of India (SBI). The FSIB evaluated nine candidates and selected Ranjan based on performance, experience, and relevant parameters. The current MD, Vinay Tonse, will complete his term on November 30, 2025. The appointment requires requisite approvals to be finalized. SBI recently reported strong quarterly results with net profit of ₹19,160 crore, marking a 15% year-on-year increase and exceeding expectations of ₹16,664 crore. Other income rose to ₹17,345 crore from ₹11,162 crore, while net interest income remained flat at ₹41,072.4 crore. SBI shares closed 0.67% higher at ₹823.80.

Mahindra Holdings, a subsidiary of Mahindra & Mahindra, has acquired stakes in MMCL and PSL. As part of this transaction, NDET and KFSL will become subsidiaries of the company. This represents a corporate restructuring move that expands Mahindra's subsidiary network through strategic acquisitions.

Adani Group has implemented a ban preventing vessels that have been sanctioned by the European Union, United States, and United Kingdom from entering its ports. This policy affects the group's port operations and vessel access based on international sanctions.