Wed, Feb 14, 2024 9:37 AM
Some layoffs likely at Zee, firm revisits plan as standalone entity
A Flip by Shubhangi Gupta
Listed depository company CDSL has registered a record 1.09 crore new demat accounts in the fourth quarter for FY24, taking the total number of accounts in fiscal year to over 3.26 crore, the company stated in its earnings filing to the stock exchange. This is the highest ever quarterly registration of demat accounts for the company.
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Hindustan Petroleum Corporation Limited (HPCL) will hold a board meeting on May 9, 2024, to consider and approve the issue of bonus shares to the company's shareholders. The record date for the bonus issue, if approved, is yet to be determined. This will be the third instance that HPCL will be issuing bonus shares to its shareholders. It had earlier issued bonus shares in the ratio of 2:1.
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With shares up by a whopping 37% year to date, Arm Holdings (NASDAQ: ARM) is one of many technology companies that have received significant attention because of their potential in artificial intelligence (AI). But unlike alternatives like Nvidia, the hype surrounding Arm Holdings hasn't materialized into significant business growth.
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