The regulator had set up a sub-group under the chairmanship of Keki Mistry, vice chairman of HDFC, to propose changes to the process of buybacks from the open market – through the book-building process and stock exchanges – to make it more efficient and shareholder-friendly.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while