Reliance Industries: On February 28, Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, and global media giant Walt Disney, announced their decision to merge their media operations in India. This merger will create a media powerhouse valued at ₹70,352 crore. As part of this agreement, Viacom18’s media business willRead More →
Vodafone Idea Ltd’s stock rose to a 52-week high on New Year’s Day to ₹18.42, amid news reports claiming that the government could sell its 33% stake in Vodafone Idea to tech-billionaire Elon Musk and his satellite internet venture Starlink collaborating with the carrier. Securities and Exchange Board of IndiaRead More →
Also Read: Large cap speciality chemical stock fixes record date for 350% dividend, LIC held 1.40% stake in Q4 It is worth noting that more than 5 Nifty majors will release their quarterly earnings this week. They are Bharat Petroleum Corporation, Hindalco Industries, Grasim Industries, Sun Pharmaceutical Industries, Oil andRead More →
Also Read: Large cap speciality chemical stock fixes record date for 350% dividend, LIC held 1.40% stake in Q4 The stock market witnessed a consecutive three-day loss of wealth last week. After Friday’s gain, Nifty closed 0.61 per cent down at 18,203.40 levels and BSE Sensex settled at 61,729.68 points.Read More →
Debt-ridden telecom operator Vodafone Idea’s shareholders have approved the preferential issuance of up to ₹1,600 crore of optionally convertible debentures to vendor American Tower Corp (ATC), according to a regulatory filing. The special resolution to this effect was cleared at an Extra-ordinary General Meeting (EGM) of Vodafone Idea on Saturday.Read More →
Adani Group: The Adani Group plans to hire one of the “big six” global accounting firms to evaluate its corporate governance and audit practices following allegations of fraud by US short-seller Hindenburg, two people with direct knowledge of the matter said. The independent audit will be commissioned after the completionRead More →
