The buyback price has been fixed at Rs 1,700 per share, the company said in a regulatory filing. The record date for determining shareholders eligible for the buyback is March 6, 2023.
Royalties are necessary but the present regulatory regime rely heavily on independent directors who aren’t sufficiently empowered to protect outside shareholders
Revenue from operations for the said quarter increased 30 percent to Rs 919.6 crore as against Rs 706 crore in the same quarter last fiscal.
The NSE Bank Nifty Index extended declines of the previous session, underperforming broader stock benchmarks. Bank of Baroda and State Bank of India were among the biggest decliners.
Despite growth in demand, cement prices have remained flat, which the management attributed to several players focusing on retaining market share.
The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims.
Prudent Corporate Advisory is the second largest MF distributor after NJ India among the non-banks in terms of commission earned in FY22
JSP chairman Naveen Jindal and chairperson of JSP Foundation Shallu Jindal performed the Bhoomi Pujan and laid the foundation stone for Jindal Aarogyam Hospital on Thursday in the presence of local Chhendipada MLA Susanta Kumar Behera and Angul Municipality Chairman Akshaya Kumar Samant.
Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief Business Officer Aakash Ohri told PTI.
VIP's own-manufacturing strategy is positive for margins and the stock valuation is at a discount to the consumer universe
Demand scenario remains strong despite a surge in gold prices. TMJL would continue its store network expansion and further strengthen its presence in Tamil Nadu.
Higher contribution from value-added products and operating leverage along with price hikes will lead to recovery in earnings
The exception given to Glenmark's Baddi plant will be reconsidered if the market conditions change, the letter to the bourses stated.
Strong earnings in Q3 aided by robust growth in AUM; triple-pronged strategy to sustain growth
After months of closely-guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 MAX narrowbody planes as well as some 20 Boeing 787s and 10 Boeing 777X on a day marking one year since Tata Group took control of the former state-run carrier, the sources told Reuters.
The South African environment department in a statement on Thursday said the plan is to send 12 cheetahs every year for a decade. India has not released any statement in this regard so far.
Listing out the major initiatives over the last one year, Air India said it is "finalising a historic order of new aircraft to power future growth".
The move, communicated to Stripe employees in an internal memo earlier on Thursday, would give them an opportunity to sell shares in the company either to private investors or in a public market, the sources said.
The Adani Group held the call with fixed-income investors after US short seller Hindenburg Research leveled a series of extraordinary allegations about the sprawling conglomerate.
Adani Enterprises FPO opens today and the company is planning to raise Rs 20,000 crore. The funds will be utilised for several projects including green hydrogen ecosystem and construction of greenfield expressway.
The launch of the US-India Alliance for Women's Economic Empowerment STEM Collaborative was announced by Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum during the US-India Alliance Shatter Summit.
Under the new pact, Vertex will supply TCE with hydrogen as the manufacturer continues to decarbonise its operations in the UK with a target of achieving “net zero” manufacturing by 2030.
Internal auditor can act as a friend, guide, and philosopher in addition to being a watch-and-ward and investigator for frauds. For boards and directors, internal audit can be the first line of defence that they can rely on and use as a shield to prevent and detect fraud
Adani met Azerbaijan President Ilham Aliyev in Davos last week, according to a statement from the office of the President of Azerbaijan.