s&p – The News Desk

Anil Agarwal (Photo: Bloomberg) Anil Agarwal-led Vedanta Ltd on Monday announced the second interim dividend of Rs 11 per share for 2023-24. In a regulatory filing, the company said that it is 1,100 per cent of the face value of Rs 1 per equity share and will cost the company Rs 4,089 crore. "We wish to inform you that the Board of Directors of the company, in its meeting held today ie, on Monday, December 18, 2023, has approved the second interim dividend of Rs 11 per equity share i.e, 1,100 per cent on the face value of Rs 1 per equity share for the Financial Year 2023-24 amounting to Rs 4,089 crore," the filing read. The record date for payment of dividend has been fixed at December 27, 2023 and the interim dividend shall be duly paid within the stipulated timelines...

Talk about an economic comeback story. Less than a decade ago, Greece looked like it might never recover from its economic and political traumas. On Friday it won back an investment-grade credit rating from Standard & Poor’s.The upgrade on Greek debt achieves a goal set by Prime Minister Kyriakos Mitsotakis, although it also sells short the scale of the transformation Mr. Mitsotakis has brought about in Athens. S&P Global cited “significant budgetary consolidation” and the summer’s electoral “mandate for policy continuity” to explain its decision—which, as so often with credit ratings, arrives behind the curve and for the wrong reasons.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Greece’s Great Economic Comeback – WSJ