Record Rs 5.13 tn dividends, payout ratio at 12-year low
BSE 500 companies paid a record Rs 5.13 trillion in dividends in FY26, according to Mint. However, the payout ratio, dividends as a share of net profit, fell to a 12-year low…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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AXISCADES shares fall as Q1 loss reflects transition costs
AXISCADES Technologies shares fell 1.92% to Rs 1,500 on the NSE on Friday after the aerospace and defence technology company reported a June-quarter loss. Revenue reached a record Rs 346.7 crore, up…
Gold prices rise on MCX, city rates vary on August 15
Gold futures rose on the Multi Commodity Exchange on August 15, with the benchmark 24-carat contract gaining 0.73% to Rs 1,54,590 per 10 grams in morning trade. Times Now reports that Delhi…
Demand destruction, alternate supply cushion India from oil spike
Global crude prices have stayed stable during the largest oil supply shock in decades due to demand destruction, non-Gulf supply growth, alternative export routes and strategic inventories, Kelly Xu of Alpine Macro…
Juniper Hotels to invest Rs 850 crore in Dwarka hotel
Juniper Hotels Ltd will invest Rs 850 crore to develop a 550-room Grand Hyatt hotel in Dwarka, Delhi, the company said on Friday. The project, to be built on land leased from…
Tata Sons AGM faces quorum hurdle over SRTT restrictions
Tata Sons’ annual general meeting, scheduled for August 18, faces uncertainty after Maharashtra’s Charity Commissioner continued restrictions on the Sir Ratan Tata Trust (SRTT), a major shareholder. SRTT could not hold a…
RBI keeps repo rate at 5.25%, inflation seen above target
The Reserve Bank of India's Monetary Policy Committee held the repo rate at 5.25% for the fourth straight review and retained its neutral stance, Livemint reports. The RBI raised its FY27 GDP…
UP traders seek regulator for cross-border fraud and payment disputes
Traders in Uttar Pradesh have sought a dedicated regulatory body to handle foreign-trade fraud, payment defaults and cross-border commercial disputes. The demand follows losses blamed on overseas buyers, including a Kanpur trader’s…
WeWork Inc sells 2.5% stake in WeWork India for Rs 244 cr
WeWork Inc through its affiliate sold 35 lakh shares (2.53% stake) in WeWork India at Rs 697.55 apiece on Friday, netting Rs 244.1 crore. The stake sale came as the US co-working…
BSE imposes extra surveillance on select stocks
The Bombay Stock Exchange (BSE) has announced the applicability of Short Term Additional Surveillance Measure (ST-ASM) for certain securities. The measure, effective from the next trading day, is aimed at curbing excessive…
