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Bond Baba: Will the Infy Buyback Be Useful for an Arb?

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Infy has announced - just recently - that they will meet on the 19th to decide if they should buy back shares. They've announced that they will spend about Rs. 13,000 cr. on buybacks. That's a good amount of money, after Wipro's 11,000 cr. announcement recently . . .

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