Reliance Industries Sets Bonus Share Record Date for October: What Past Trends Suggest
New Delhi: Reliance Industries, led by Mukesh Ambani, recently approved a 1:1 bonus share issue, calling it an “early Diwali gift” for shareholders. The decision was initially announced during the company’s 47th annual general meeting held in late August. In a regulatory filing, the company stated, “The Board of Directors of Reliance Industries Limited has […]
Saga Rises After Confirming Talks to Sell Insurance Business
Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it’s in talks to sell its insurance business Acromas. The Sunday Times had reported that the group wants to use the proceeds from the sale to pay down debt, after a year in which financing costs have risen substantially […]