Kumar Mangalam Birla chairman of the Aditya Birla Group ABG), has increased his stake in telecom venture Vodafone Idea (Vi) underlining his confidence in the struggling telco which is looking to raise Rs25,000 crore debt to back up an equity funding of Rs 24,000 crore. On September 6, Birla bought 1.86 crore shares in Vi, … Read more
The state-owned company REC Ltd on Saturday declared an interim dividend of Rs 3.50 per share for the financial year 2024-25 along with its results for the quarter ended June 30, 2024. “Declaration of interim dividend @ Rs 3.50/ – (Rupees Three and Paise Fifty only) per equity share of Rs 10 each for the … Read more
Shares of companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today’s market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC … Read more
