₹16,000 crore commences today and closes on January 1. Last month, TCS shareholders had approved a proposal to buy back up to 5.3 crore shares of the company at ₹3,000 per scrip.Zee Entertainment: The company's board has approved acquisition of film production and distribution business as a going concern, on a slump sale basis from Zee Studios (formerly known as Essel Vision Productions), a wholly-owned subsidiary of the company for a cash consideration as per its business transfer agreement.Bharat Petroleum Corporation: The board has approved buying out Oman Oil Company's stake in the Bina refinery project in Madhya Pradesh on mutually agreeable terms.