[ad_1] Bharti Airtel shareholders have approved the sale of its passive infrastructure business—which includes mobile and wireless communication towers—to its subsidiary Indus Towers Ltd via remote e-voting. The proposal, classified as a material related party transaction, received 99.85% of votes in favour, reflecting strong investor backing. According to the company’s regulatory filing with NSE and […]
Sanofi India Q4 revenue, EBITDA rise; ₹117 final dividend recommended – CNBC TV18
[ad_1] Sanofi India Ltd. (SIL) posted steady growth in the fourth quarter of 2024, with revenue increasing by 9.7% year-on-year (YoY) to ₹514.9 crore, compared to ₹469.2 crore in the corresponding quarter of the previous year. EBITDA rose 18.8% YoY to ₹118.3 crore, up from ₹99.6 crore. Operating margins also improved to 23%, compared to […]
SEBI orders listed and unlisted MIIs to monitor, disclose shareholding details – CNBC TV18
[ad_1] On Monday, the Securities and Exchange Board of India (SEBI) announced a comprehensive framework to oversee shareholding limits, public shareholding requirements, and the “fit and proper” criteria for Market Infrastructure Institutions (MIIs), which encompass stock exchanges, clearing corporations, and depositories. This framework applies to both listed and unlisted MIIs, mandating them to disclose their […]