Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend
Business | May 18, 2022, 10:53 AM ISTAirtel has recommended a dividend of Rs 3 per equity share for the financial year 2021-22.
Airtel has recommended a dividend of Rs 3 per equity share for the financial year 2021-22.
The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42.
Elon Musk also said that he is very likely to pay less for Twitter than his $44 billion offer made last month.
The value of the rupee depreciated mainly due to persistent foreign fund outflows and elevated global crude oil prices.
Saudi Aramco was valued at $2.42 trillion (9.24 trillion riyals) based on the price of its shares at the close of the market on Wednesday.
Sensex declined more than 800 points to trade below 54,000 in the opening trade while Nifty slipped below 16,200 after falling 250 points.
LIC IPO: Overall, the country's biggest-ever IPO is more than fully subscribed as it has received 17,98,42,980 bids, as against 16,20,78,067 shares on sale.
All three main Wall Street benchmarks -- Dow Jones, Nasdaq and S& 500, surrendered gains made during a relief rally on Wednesday.
LICO IPO: The LIC share sale would be the biggest ever amount raised through an initial public offering in the Indian stock market.
HDFC Dividend: HDFC will pay Rs 30 dividend per equity share to its shareholders.
KGF Chapter 2 marks Sanjay Dutt's first film after battling cancer. The film also stars Raveena Tandon and Yash.
SBI has hiked MCLR by 10 basis points on all types of retail and institutional loans. The hike will be effective from April 15.
A rise in inflation, as well as a fresh spike in global crude oil prices, seemed to have dented investors' sentiment.
The latest hike, Maruti Suzuki said, was necessary in order to partially offset the impact of rise in input costs.
Tesla chief Elon Musk had offered to buy Twitter for $54.20 per share, said reports. Sources said, in his letter to the Twitter chairman, Musk had mentioned that the company needs to be developed privately.
Late on Tuesday -- within a week of steeply increasing the retail price of CNG and PNG, the Mumbai gas utility announced another hike in the prices of these fuels by Rs 5/kg and Rs 4.50, effective Tuesday midnight, citing the massive rise in input prices.
Musk, who has 80 million Twitter followers, had purchased 73.5 million shares, worth about $3 billion.He had also raised the possibility with his massive and loyal Twitter following, that he could create a rival social media network.
RBI on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation.
CNG price hike in Delhi, CNG price hike news: Hike in CNG prices is attributed to the more than doubling of natural gas prices to USD 6.1 per million British thermal unit from April 1.
With a combined wealth of $167.5 billion, Mukhesh Ambani and Gautam Adani took the top two spots, ranking as India's top Richie Riches.
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