Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
Feb 16 Indian shares ended higher on Thursday, driven by gains in IT stocks after Tata Consultancy Services said its board would consider a share buyback plan next week.
The benchmark BSE index closed 0.52 percent up at 28,301.27. The broader NSE index rose 0.61 percent to 8,778.
Infosys ended 3 percent higher. Sun Pharmaceutical industries gained 4.2 percent.
For midday report see (Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier)
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