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Tata Communications Q4 Profit Slips 1.5%, Revenue Up 24.6%; Dividend Announced

Tata Communications on Wednesday reported fourth-quarter (Q4) results for the financial year 2023-24. The company's consolidated net profit soared over sevenfold sequentially, reaching Rs 321 crore. This remarkable surge in profit was buoyed by a 1.8 percent quarter-on-quarter increase in total ...

Byjus in Hot Water: Investors Allege Mismanagement, Seek Halt to Rights Issue

Investors in Byju's allege the edtech giant transferred $533 million to a US hedge fund and challenge the legality of a $200 million rights issue. The company law court has sought Byju's response within three days....

205% Dividend Payout Ahead: Smallcap Electrical Stock Turns Ex-Dividend; Key Details Here

India Nippon Electricals, a prominent player in the automotive parts industry, has announced a generous dividend payout of 205% to eligible shareholders. The company's shares are set to trade ex-date today, February 23, marking an important milestone for investors. Dividends serve ...

ZEEL Shareholders Reject Reappointment of Two Independent Directors

Shareholders of Zee Entertainment Enterprises Ltd (ZEEL) voted against the reappointment of two independent directors, Vivek Mehra and Sasha Mirchandani, during the company's Annual General Meeting (AGM) held on December 16, 2023....

LIC To Expand Global Presence With New Office In GIFT City; Read About The String Of Developments

The Life Insurance Corporation of India (LIC) is set to open a new office in the GIFT International Financial Services Centre in Gandhinagar, Gujarat, during the financial year. This development aligns with LIC's vision to enhance its overseas business operations. LIC ...

Mankind Pharma Takes a Hit as Lock-in Period Ends, 70% of Shares Eligible for Trading

Mankind Pharma, a prominent pharmaceutical company, witnessed a dip in its share price of about 2% as the lock-in period for shareholders came to an end on Monday. The stock value fell by as much as 2.40% to Rs 1,732.65 per ...

Infosys Shareholders Alert: Shares To Trade Ex-Dividend Today; Plummet Almost 2%

Infosys shares slumped 1.91% at Rs 1382.10 per share at 11:07 am IST on Wednesday. Infosys shares grabbed the spotlight today as the stock is trading ex-dividend today. The IT giant had announced an interim dividend of Rs 18 per equity ...

RIL Seeks Shareholders' Nod To Appoint Mukesh Ambani As CMD For Next 5 Years

In a latest development, Reliance Industries Ltd (RIL) has sought the approval of shareholders to retain Mukesh Ambani as chairman and managing director of the company for another five years or till 2029. According to reports, Mukesh Ambani has decided to ...

Paytm Shareholders Approve Re-Appointment, Of Vijay Shekhar SharmaN'

Shareholders of One97 Communications, which operates under the Paytm brand, have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company, according to the scrutinizer report filed by the firm on Sunday. ...

Tesla Investors Approve Stock Split; Musk, To Add Factories

Tesla shareholders has approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced on Thursday at the electric car and solar panel maker's annual meeting ...

Bajaj Auto Begins Rs 2,500 Cr, Share Buyback

Bajaj Auto on Monday said it has commenced its Rs 2,500 share buyback programme. In a regulatory filing, the Pune-based company said the buyback initiative has begun with effect from July 4. The company's board, at its meeting held ...

Energy Major Shell Sheds "Royal Dutch" From Name

Energy giant Shell has dropped from its name the 'Royal Dutch' part, which it had carried for 130 years, following plans of a major overhaul announced recently. It is anticipated that Euronext Amsterdam and the London Stock Exchange will ...

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