Indian Equity Edged higher led by Vedanta, Mahindra & Mahindra, Bharti Airtel and Sun Pharma. — Indian equity benchmarks edged higher led by Vedanta, Mahindra & Mahindra, Bharti Airtel and Sun Pharma. However, the gains were capped as oil marketing companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum were among the losers.
Vedanta
Agarwal’s India Zinc Arm Pays Out Record $4 Billion Dividend
Gold Silver Reports — Billionaire Anil Agarwal’s Hindustan Zinc Ltd., profiting from a surge in metals prices, announced a special dividend that takes its payments to shareholders this year above $4 billion, in what it said is a record return by an Indian company.