capital allocation

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    Mahindra Sells Erkunt Foundry to Hisarlar Consortium

    New Delhi, April 10 Mahindra & Mahindra announced on Friday that it has divested its stake in a subsidiary in the industrial manufacturing sector, Erkunt Foundry, to a consortium led by Hisarlar Makina Sanayi.Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML), a wholly-owned...
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    Beyond UPI: Merchant Payments & Financial Services Fuel PhonePe's Success

    PhonePe Reports 56% Revenue CAGR in FY23 to FY25, Losses Narrow Sharply Ahead of IPO Revenue Growth Signals Strong Monetization Shift Digital payments major PhonePe has reported robust revenue growth and a sharp reduction in losses over the past three fiscal years, reflecting a decisive shift...
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    Reliance Industries Plans $110 Billion AI Investment, Marking Next Strategic Shift in Capital Allocation

    RIL Charts New Growth Path with Massive AI and Digital Ecosystem Push New Delhi, February 23: Reliance Industries Ltd is preparing for another transformative phase in its nearly 48 year journey as a publicly listed company, with a proposed investment of $110 billion in artificial intelligence...
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