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.
April 20 Indian shares ended higher on Thursday as investors picked beaten down counters, including technology stocks that lost ground on disappointing quarterly results from software services exporters Infosys Ltd and Tata Consultancy Services Ltd.
The broader NSE index closed up 0.36 percent at 9,136.40, posting its first gain in six sessions.
The benchmark BSE index ended 0.29 percent higher at 29,422.39.
For the midday report, click (Reporting By Darshana Sankararaman in Bengaluru; Editing by Gopakumar Warrier)
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