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Latest Articles in Companies Markets
GAIL Declares Interim Dividend Of Rs 4 Per Equity Share For FY23
Based on current shareholding of Government of India (51.52 per cent), Dividend of about Rs 1,355 crore shall be paid to Government of India, while other Shareholders will receive about Rs 1,275 crore
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Tuesday At Stock Market: Tech Mahindra, SCI Gain Even As The Market Falls
Monday too opened on a dull note as both BSE and NSE closed on red. The ups and downs of the market may continue today as well
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Blackstone Sells Its 20.5% Stake In Sona BLW Precision Forgings Ltd
The stake sale happened via bulk deals in the open market, which saw strong demand from Foreign Institutional Investors, Sovereign Wealth Funds, Domestic Mutual Funds and Insurance companies
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GMR Airports Subsidiary Raises Rs 8.40 Bn In NCDs
The NCDs have been priced at an interest rate of 8.71 per cent per annum payable quarterly for an initial period of 5 years and thereafter interest rate will be reset for next 5 years
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Vodafone To Undertake 1,000 Job Cuts In Italy
Vodafone Italia said in a statement it is looking to cut 1,000 jobs after a fall in revenues and margins resulting from "extraordinary competitive pressure" in the telecoms sector
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LIC's Debt Exposure In Adani Group Companies Declines
Following is a table providing details of the outstanding exposure of LIC in some of the Adani Group companies
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Bharat Web3 Association Names Dilip Chenoy As Chairman for Blockchain Development
Chenoy is a veteran in the industry and has extensive experience in leading domestic industry bodies
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Paytm GMV For Jan, Feb 2023 Grows 41% YoY
The company reported strengthening of its offline payments with 6.4 million devices deployed; disbursements of Rs 4,158 crore (USD 503 million) in the month of February 2023 through Paytm platform
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Monday At Stock Market: Ansal Properties, GM Breweries Rise In A Falling Market
Last week both Nifty and Sensex closed on the red mark. The week opens today and fluctuations may continue
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Adani Pays Off Financing And Ups Ambuja Equity By $2.65 Bn
Notably, the entire prepayment program of USD 2.65 billion has been completed within 6 weeks
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IDFC Mutual Fund Is Now Bandhan Mutual Fund
According to the statement, each scheme of the IDFC fund will be renamed to the word ‘Bandhan’ while, the investment strategy, processes and team continue to remain the same
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GM To Collaborate With Microsoft To Explore ChatGPT Use: Report
The chatbot could be used to access information on how to use vehicle features normally found in an owners manual
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Centre Approves Sale Of 25% Equity Stake In BCCL
According to the media report, a three-member empowered ministerial committee led by Finance Minister Nirmala Sitharaman and including Coal Minister Pralhad Joshi and Road Transport and Highways Minister Nitin Gadkari has approved the proposal to divest 25 per cent of BCCL's equity
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Tech Mahindra Appoints Mohit Joshi As MD & CEO Designate
Mohit Joshi will join Tech Mahindra from Infosys, where he was the President of the company
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SEBI Revokes Securities Market Ban On DHFL's Eight Former Entities
The regulator further notified the investigation as complete and thereafter it initiated quasi-judicial proceedings against the former promoters of DHFL
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