Introduction The Aditya Birla Group is one of the largest and oldest Indian business conglomerates, dating back to 1857. The company has a deep connection with the country’s fight for freedom and attaining economic self-sufficiency. The group’s founder G.D. Birla was a visionary who started Grasim ten days after India’s independence followed by Hindalco, the …
The Cabinet on August 23rd gave an in-principle approval for initiating the process of merger of PSU banks. The idea has been under discussion for the last few months and the reasons are not far to seek. Firstly, there is a lot of duplication in the network and operations of most of the PSU banks …
Indigo Airlines, part of the Interglobe Group, announced its quarter results for the June quarter on 31st July. While it is well known that the Indian aviation industry is growing at the rate of 25% per annum (Source: Annual Report of Indigo), the results of Indigo for the first quarter did come as a pleasant …
Why are some stocks so expensive Highly priced shares are often out of reach of the common retail investors – hence usually companies try to keep the per share price low so that the stock is liquid and general market sentiments regarding the stock or the company can be tracked easily. However still, some stocks …
Can you invest in unlisted companies? Yes, it is possible. There are thousands of companies which are unlisted but can offer significant returns. So, if you want to invest in companies like CSK, LAVA, BOAT, or OYO, you can. However, investing in unlisted companies would require some learning and experience. Investing in the stock exchange …
Vedanta Ltd has declared an interim dividend of Rs 13 per equity share, resulting in a cash outflow of Rs 4,832 crore. This was the third interim dividend for FY 2021-22. According to a stock market release, the company’s Board of Directors declared an interim dividend on March 2, which corresponds to 1,300 percent on …
In a recent filing with the US Securities and Exchange Commission (SEC), Infosys has highlighted increased shareholder activism as a major risk to the company’s market value. The reference may or may not have been to Mr. Murthy’s recent disapproval on management pay and corporate governance, but that is off the point. The point is …
The 24th of August must have certainly been a day of irony for Mr. Nandan Nilekani. The Supreme Court upheld the Right to Privacy as a fundamental right under the Constitution. This right to privacy had become a major bone of contention with respect to Aadhar where there have been increasing concerns about data security and …
Infosys has been in the news for all the wrong reasons in the last couple of years. First, there was the major concern over the company ceding leadership position in the industry to TCS. That gap (at least in market cap terms) has widened in the last couple of years. Secondly, Infosys like most IT …
Introduction Compuage Infocom Ltd. is a small cap company with a market cap of ₹150.42 cr that is about to issue rights entitlement shares in the ratio of 8:25 to its shareholders. Let us begin by understanding what a rights issue is. What is a rights issue A rights issue is conducted by a company …
