The announcement follows the start of the work on a new 50 million pound (around Rs 450 crore) factory to build cabs for JCB machines in Uttoxeter, Staffordshire, UK which will be completed later this year.
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
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