Railway gets some long-needed reforms, NIIT Technologies' share buyback offer receives muted response; all this and more on Moneycontrol Pro

Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps.Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation.Are share buybacks going out of fashion?NIIT Technologies’ announcement of a buyback of shares met with a muted response in the market. While the buyback’s effect may already be in the price, another reason could be that buybacks as an instrument of enhancing shareholder value have lost their charm. What could explain that? Read here for answers.[caption id="attachment_6847201" align="alignleft" width="380"]

Representational image[/caption]Railway gets some long-needed reformsThe bane of the railway has been “departmentalism”, interdepartmental rivalry perpetuated by officers’ cadres manning them. Hence, the government decision to merge the eight cadres. The hope is that this will end the practice of different departments operating in silos and start taking a total view of things. Read here to know how this can help the Indian Railways.GuruSpeak — Rahul Kohli | An IT consultant who became an option traderRahul Kohli, an IT consultant for 20 years, has travelled the world and worked with numerous clients and is one such trader who gained success in a short time. He used his management skills to crack the trading code in a short period. Read here about his journey.Weekly Tactical Pick – SBIOur tactical stock pick this week is State Bank of India (SBI). A big turnaround in profits is around the corner for the country’s largest bank in the current financial year. Read more.Gabriel India: Challenges persist, attractive for long-termAmidst the weakness in the automobile sector, auto component manufacturer Gabriel India posted a weak set of numbers for the September 2019 quarter. Still, our research analyst is confident in the company. Why? Read here.Picks from our technical analysts (Please click on security name to access recos)FIEM IndustriesTriveni EngineeringIndigoNIIT Tech