The board of India's second biggest IT firm, Infosys Ltd, on Saturday approved a share buyback programme of up to 130 billion rupees ($2.03 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company's founders.

The Bengaluru-headquartered company had said in April that it intended to return $2 billion cash to its shareholders before March 2018.

($1 = 64.0900 Indian rupees)

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