News Overview

The company has asserted that all debts in which shares of promoters were collateral have been paid back.

The company is planning to raise Rs 300 crore through a fresh issue of equity shares and an offer for sale of up to 8.94 million shares by its promoter.

Total dividend payment will be Rs 7,621 crore.

Rupee opened at 82.26 / dollar.

These segments are BFSI, Healthcare, ISVs, Media and Entertainment, and Retail.

The recent amendment on REIT taxation offers relief to unitholders, with ‘repayment of capital’ effectively being taxed at a lower rate, and on the sale of units. This will improve EOP’s FY24/25 post-tax yield by at least ~70 basis points.

The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index.

BG Srinivas held the positions of Chairman and Executive Director at Infosys Australia.

The market regulator published a consultation paper earlier in February that solidified the barriers put in place to protect the interests of small-scale traders and investors, even if doing so means cutting into brokerages' profits.

LTIMindtree will assist in the transformation of Hellenic Bank's core business.