Chinese tech company Meitu recently sold all its cryptocurrency holdings, which included 940 Bitcoin and 31,000 Ethereum, for a total of $180 million. This decision came just before Bitcoin’s price soared to over $100,000. The company plans to distribute 80% of the profits from this sale as a special dividend to its shareholders. Initially, Meitu ...
 "Vedanta prepares for significant dividend discussions amidst a strategic debt reduction plan, eyeing billion in savings.")
Vedanta Ltd, a leading mining company, announced that its board will meet on October 8 to discuss the approval of a fourth interim dividend for the 2024-25 financial year. If approved, the record date for shareholders eligible for this dividend will be October 16, 2024. So far, Vedanta has declared a total dividend of Rs ...
Vedanta, led by Anil Agarwal, has declared a third interim dividend of Rs 20 per share for the current financial year, bringing the total payout for FY25 to Rs 13,474 crore. Earlier this year, the company approved a first interim dividend of Rs 11 per share and a second of Rs 4 per share. The ...
 "Government Reaps Rs 2,413 Crore Dividend from BPCL: Financial Surge Continues")
The Indian government received Rs 2,413 crore in dividends from Bharat Petroleum Corporation Limited (BPCL), as announced by the Department of Investment and Public Asset Management (Dipam). This amount is part of a total Rs 15,389.14 crore collected from various public sector enterprises in the current financial year, which includes dividends from companies like Indian ...
Today’s Current Affairs: JSW Steel Reports 64.66% Dip in Net Profit for Q4 JSW Steel Ltd, a major player in the steel industry, reported a significant 64.66% year-on-year dip in net profit for the fourth quarter that ended in March 2024. The company’s revenue from operations also saw a decline, falling by 1.5% compared to ...
