Reliance Industries, under Mukesh Ambani’s leadership, intends to consider a 1:1 bonus share issuance at its September 5 board meeting. Highlighting its sixth bonus since 1977, RIL aims to reward shareholders amid robust finances. The company’s digital and retail units are poised to double their revenues in the next few years, driven by new energy ventures.
Related Posts
Senior Citizen Fixed Deposit rates: Top 5 senior citizen bank FDs – which banks offer highest interest rates? Check List
Senior citizens can earn higher interest on bank fixed deposits. These deposits provide flexibility, laddering technique benefits, and tax-saving advantages under Section 80C with a […]
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford Motor Co. is slashing 4,000 jobs across Europe, primarily in Germany, by 2027. The automaker cites economic challenges, intensified competition, and lower-than-anticipated electric vehicle […]
Tesla unveils robotaxi, investors seek details
Elon Musk revealed Tesla’s Cybercab, a self-driving taxi prototype expected to cost less than $30,000 and enter production by 2026. Despite the excitement, the event […]