Billionaire Mukesh Ambani-led Reliance Industries will announce its January- March quarter results for fiscal 2023-24 (Q4 FY24) on Monday, April 22. The company's board will also consider and approve a dividend for FY24. The oil-to-telecom conglomerate is likely to report stronger revenues and operational performance in the March quarter driven by its telecom and retail businesses.
Open FlipYarn manufacturer Sanathan Textiles has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹800 crore through an initial public offering (IPO). The public issue is a combination of a fresh issue of equity shares aggregating up to ₹500 crore and an offer for sale (OFS) of up to ₹300 crore by promoters and the promoter group entities.
Open FlipOla Cabs IPO: Ride-hailing aggregator Ola Cabs aims to secure $500 million through its initial public offering (IPO), targeting a valuation of approximately $5 billion, news agency Reuters reported on Friday. As stated by sources in the report, Ola plans to submit its IPO papers for approval to the Securities and Exchange Board of India (SEBI) within the next three months.
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