Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit…
READ MORECapital markets regulator Sebi is evaluating various accounting standards and also exploring the feasibility of extending its mandatory sustainability reporting norms to more listed companies than the current 1,000 βwhen the time is rightβ, people aware of the matter said. Given the growing importance of sustainability worldwide, the regulator wants Indian firms to prepare for…
READ MOREJapanese technology investor SoftBank Group said on Wednesday it plans to buy back a hefty $3.4 billion in shares, answering in part calls from Elliott Management and other investors to bolster its stock price. Masayoshi Son’s globe-spanning tech giant has been under pressure to buy back shares given that its market capitalisation trades at a…
READ MOREBENGALURU: The Godrej Industries Group (GIG) family office, through its entity Anamudi Real Estates, has partially exited its stake in Bengaluru-based real estate developer Sobha Ltd in secondary market block deals totalling around Rs 857.70 crore. The company sold its nearly 4.43% stake, out of 9.99% held, through block deals on the stock exchange on…
READ MORE