The announcement of the stake sale coincides with Vedanta's approximately $6.4 Billion in outstanding debt.
The NFO is available for subscription from February 12 to February 26.
The net profit showed a robust sequential growth of 43%, rising from ₹1,024.86 Crore in the previous quarter
Revenue from operations during October-December rose to ₹1,545 Crore, a substantial increase from ₹938 Crore in the same period last year
Tata Motors and Uber signed a contract in February last year to supply 25,000 electric cars
Mr. Pramit Pal Chaudhari, geopolitics experts, spoke at IIFL Securities annual Enterprising Bharat Global Investor Conference.
According to a representative for HCLTech, the company uses a hybrid work paradigm
The board also gave its approval to issuing non-convertible debentures in order to raise up to ₹16,000 Crore.
NII portion saw a significant surge, reaching a subscription rate of 380.64 times.
Mutual funds had around 136.26 Crore HDFC Bank shares as of January 2024, up from 127.44 Crore as of December 2023.
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