financial strategy News

Bharti Airtel Advances Financial Strategy with Early Rs 6,000 Crore Spectrum Payment to Government

Bharti Airtel and its subsidiary Bharti Hexacom have prepaid Rs 5,985 crore of spectrum dues to the government, while Network i2i redeemed $1 billion in perpetual debt securities, ...

Shell Announces Major Shift: Boosting Shareholder Payouts and Slashing Expenditures

Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...

Shell Announces Major Financial Strategy Shift: Boosting Shareholder Returns and Cutting Costs

Shell plc announces a strategic shift to increase shareholder distributions to 40-50% of cash flow from operations, maintain progressive dividends, and cut spending to $20-22 billi...

L&T Aims to Secure Rs 12,000 Crore via Debt Instruments for Future Growth

L&T plans to raise Rs 12,000 crore through debt instruments for financial requirements and organizational changes. Subramanian Sarma promoted to deputy MD, reflecting L&T's interna...

British American Tobacco Secures $2.5 Billion in Debt Offering for Strategic Growth

British American Tobacco p.l.c. (BAT) has priced its debt securities, raising $2.5 billion. The funds will be used for general corporate purposes, including debt repayment. Despite...

Polestar Secures $450M Loan and Renews €480M Financing for Electric Vehicle Innovation

Polestar, the Swedish electric vehicle maker, secures a $450M loan and renews a €480M financing facility, ensuring continued support for its working capital and projects. The compa...

HP Inc. Reports a 2.4% Revenue Increase to $13.5B in Q1 2025, Driven by AI PCs and Commercial Growth

HP Inc. reports a 2.4% revenue increase to $13.5 billion in Q1 2025, driven by strong commercial business and advancements in AI PCs. Despite a decrease in net income, the company ...

JK Tyre Plans Strategic Price Adjustments in Q4 to Counteract Rising Raw Material Costs

JK Tyre announces plans for further price revisions in Q4 to offset rising raw material costs, with strategic measures including cost reductions and product mix enhancement. The co...

Eni Successfully Completes Hybrid Bond Buyback with 83% Acceptance Rate

Eni SpA has successfully repurchased €1.215 billion of its €1.5 billion hybrid bond, achieving an 83% acceptance rate. This move is part of Eni's strategy to optimize its debt stru...

NHAI Strategically Prepaying Rs 56,000 Crore Loans Amid Capex Decline

NHAI has prepaid Rs 56,000 crore loans this fiscal year to reduce its debt burden, leveraging a decrease in capex and aiming for a significant reduction in interest costs. Future s...

MicroStrategy Makes Massive Bitcoin Purchase: 15,400 BTC for $1.5 Billion

MicroStrategy Inc. has acquired 15,400 Bitcoins for approximately $1.5 billion, increasing its total Bitcoin holdings to around 402,110. The company also sold shares for net procee...

AT&T Announces Massive $10 Billion Share Buyback Plan

AT&T Inc. has announced a $10 billion common stock repurchase scheme, aiming to complete the buyback by the end of 2026. The company also envisions another $10 billion of share buy...