Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through open market transactions. Vanguard Group purchased over 5.04 crore equity shares in two tranches at an average price of ₹129.74 apiece. Following the stake buy, shares of Vishal Mega Mart rose 2.
Broad-based revival in rural demand improvement in incomes: Nabard Survey
A NABARD survey reveals a significant boost in rural economic momentum, with 80% of households reporting higher consumption over the past year. This rise in