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Equity investment by Indian companies abroad witnessed a 22% decline in July compared to the previous year, totaling $1.592 billion, according to RBI data. This decrease occurred amidst stricter regulations on outward foreign direct investment. However, total financial commitment increased due to a rise in guarantees issued, reaching $3.512 billion.
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Promoters of Apollo Hospitals Enterprise are expected to sell shares worth 1,395 crore via a block deal, with a floor price of Rs 7,747 per share, a 2% discount on Thursday's closing. Suneetha Reddy may sell up to 1.25% equity.
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Vedanta Dividend Record Date: Metal major Vedanta's board on Thursday approved a second interim dividend of Rs 16 per share for the financial year FY26 and has set August 27 as the record date. The total payout will be Rs 6,256 crore.
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