The Indian government has updated its guidelines for Central Public Sector Enterprises (CPSEs) capital restructuring. The revisions include new minimum dividend payout ratios and criteria for share buybacks, bonus share issues, and stock splits to improve financial management.
Bajaj Auto shares rise 3% after August sales jump 28% YoY
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the