Shriram AMC Shares Surge 11% After ₹105 Crore Investment by Sanlam as Co-Promoter
Shriram Asset Management Company Ltd. (Shriram AMC) saw its stock jump 11% today, reaching ₹494 on the BSE, after announcing it raised ₹105 crore in growth capital. This boost in funds led Sanlam Emerging Markets (Mauritius) Ltd. (SEMM) to acquire a 23% stake,
GM Increases Dividend by 25% and Launches $6 Billion Stock Buyback
General Motors (GM) Announces Higher Dividend and Stock Buyback General Motors (GM) has announced a 25% increase in its quarterly dividend to $0.15 per share, aligning with its competitor Ford Motor. Alongside this, the company has introduced a $6 billion stock repurchase program,
Wall Street Records Continue: S&P 500 Hits High Amid Mixed Global Market Trends
U.S. stocks reached new heights on Tuesday, continuing their strong performance this year. The S&P 500 rose by 2 points, marking its 55th record high of 2024. This marks a significant rally, with the index climbing in 10 out of the last 11