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5 big news from the world of economics: SBI invested in this digital payment firm and ICICI Prudential will give bonus to policy holders

Leading tire company MRF Ltd on Monday said it earned a total income of Rs 16,128.58 crore in the last financial year, including a net profit of Rs 1,249.06 crore. The company had earned a total income of Rs 16,321.64 crore and a net profit of Rs 1,394.98 crore in FY20.

The company also said that the board of directors has recommended a final dividend of Rs 94 (940 per cent) per share with a face value of Rs 10.

In addition to the final dividend, the MRF Board has recommended a special dividend of Rs.10 per share of Rs.50 (500 per cent) in connection with the 60th Annual General Meeting of the company.

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