stocks News

Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Infosys announces interim dividend, over 6 percent revenue growth in September qtr

Bengaluru: Technology leader Infosys on Wednesday announced an interim dividend and posted its second quarter results. A notification to this regards was filed with the exchange houses.The Infosys Board announced an interim dividend of Rs 12 per equity share.The notification read, "Fixed October 26,...

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Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Motilal Fund Tracker: Equity MFs at 6 month high, stocks that sizzled the most in Sept

Mumbai: In the words of Motilal Oswal Financial Services, Indian mutual-fund markets may have witnessed gross inflows of a 6 month high. Sales of equity schemes soared by 17.5 percent on a month-on-month basis to Rs 179 billion.In fact, 60 percent of top-25 mutual fund schemes outperformed the marke...

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Sensex tumbles: Weak cues, banking stocks suffer

Sensex tumbles: Weak cues, banking stocks suffer

Mumbai: Equity benchmark indices tumbled over half per cent during early hours on Wednesday tracking Asian peers as halted COVID-19 vaccine trials soured investor risk appetite.Besides, the International Monetary Fund (IMF) revised its projection of contraction in India's GDP for current fiscal year...

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Bharat Dynamics writes government a cheque for dividends

Bharat Dynamics writes government a cheque for dividends

Secunderabad (Telangana): Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking has paid final dividend of Rs 35.018 crore to the government of India.A press statement from the Defence Wing of the Government of India, read, "Commodore Siddharth Mishra (Retd), Chairman an...

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Wipro tumbles by 6 percent after Q2 and buyback plans

Wipro tumbles by 6 percent after Q2 and buyback plans

Mumbai: Stocks of Wipro reeled in the negative, a day after the company announced quarterly results for the September quarter.On Wednesday, stocks of Wipro trading on the BSE slid to 352 per share (down by 22.75 points or 6 percent) during the intra-day session.As of 10:01 AM, 8.60 lakh shares were ...

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SEBI finds Titan Jewellery CEO guilty of insider trading

SEBI finds Titan Jewellery CEO guilty of insider trading

Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has found Ajoy Chawla, CEO of Titan's jewellery division guilty of insider trading.The regulator said Chawla had violated norms by trading on shares of the company for three days during September 2018. During the three days, the ...

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Vedanta de-listing failure: Mammoth task could have brought USD 3 billion in FDI

Vedanta de-listing failure: Mammoth task could have brought USD 3 billion in FDI

Mumbai: India lost out on a probable $ 3.15 billion in FDI investments from the failure of Vedanta's delisting process.In a statement on Tuesday, the company expressed gratitude towards the capital market regulator SEBI, BSE, its shareholders, the banks and advisors and exuded confidence that the co...

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Sahara paid Rs 3,226 crores to investors, admits to delay in payments

Sahara paid Rs 3,226 crores to investors, admits to delay in payments

Lucknow/New Delhi: Sahara India Pariwar said on Monday that in the last 75 days or so alone, the group has paid Rs 3,226.03 crore to 10.17 lakh members.Out of the total amount paid in this period, 2.18 per cent payments were made against the requests from the delayed-payments complainants. The total...

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Unlock helping two wheelers, auto-stocks could be heading to normalcy

Unlock helping two wheelers, auto-stocks could be heading to normalcy

Mumbai: Automotive stocks trading on the exchanges could be heading for a normalcy, given the positive consumer demand in the month of September.On Monday, HDFC Securities announced a report stating that demands similar to pre-covid levels were spotted in two-wheelers, passenger cars and tractor seg...

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Credit Trend: lending improved in August but bank credit takes a beating

Credit Trend: lending improved in August but bank credit takes a beating

Mumbai: Has bank lending and utilisation of funds from capital markets improved?A report from the State Bank of India's economic and research department suggests that fund utilisation from capital markets improved by nearly 65 percent in August on a sequential basis.In its report titled "Four months...

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