Bulk deals: SBI Mutual Fund picks 5% stake in Tips Industries, promoters turn sellers
Promoters in Tips Industries collectively sold 5.06 percent stake of the company
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Promoters in Tips Industries collectively sold 5.06 percent stake of the company
During the quarter, the company released 165 new songs, with 82 being film songs and 83 non-film songs. The company's YouTube subscriber base reached 93 million, with views increasing by 52% YoY to 47 billion.
Girish Kumar had an auspicious start to his career in 2013 but quit films just three years later, moving to business and becoming COO of a multimillion dollar company.
A buyback is when a company purchases its own shares in the stock market from existing shareholders. It is the most tax-efficient way to reward shareholders.
The MPF was set up in May 2018 on the lines of the New York City Police Foundation.