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RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...- Tata Motors PV shares rally 8% even as Q4 net profit drops 32% YoY. Here's what Macquarie, Jefferies & other brokerages sayTata Motors Passenger Vehicles shares jumped significantly after reporting a profit drop for the fourth quarter of FY26. Revenue from opera...
- For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Vedanta declares Rs 11/share interim dividend; total payout at Rs 4,300 crore. Check record dateVedanta Ltd on Monday announced a third interim dividend of Rs 11 per share for FY26. The board approved the payout earlier in the day and ...
- Vedanta shares plunge 5% as SC rules conglomerate not entitled to concessional rates for high-speed dieselVedanta shares fell after the Supreme Court upheld a ruling denying concessional diesel rates under Form C, citing misuse beyond mining pur...
- Irdai raises concerns over high auto cover commissionsIndia's automotive industry, which accounts for 7.1% of the nation's GDP, has boosted the growth of motor insurance. This sector now repres...
- Jio spent least on dealer commissions, branding in FY24The telecom market leader spent 3% of its FY24 sales on dealer commissions as against Bharti Airtel’s 4% and Vodafone Idea’s 8.4%. Jio also...
- SBI changes gears, links car dealer commissions to their performanceState Bank of India (SBI), the country's largest lender, is set to link the commission it pays to car dealers for sourcing loans to sales, ...
- RBI lays down dividend payment criteria for NBFCsThese guidelines follow draft norms issued by the central bank in December 2020.
- RBI issues guidelines for NBFCs on dividend distributionThe guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards. The...
- COVID-19: Volvo Car India offers term insurance coverage of up to Rs 10 lakh to employees at its dealershipsStating that one of the major concerns during this pandemic has been the fate of a family that loses its breadwinner, the company said it i...
- COVID-19 impact: Vehicle makers announce support package for crisis-hit dealersVehicle manufacturers have assured their dealer partners of financial and other support as they are facing a major crisis due to the lockdo...
- IRDA forms panel for transparency in motor insuranceThe committee to be headed by a senior official of IRDAI will comprise members from insurance companies and auto industry.
- Dealing room: Cipla, BEML, RIL, Infosys, Tata Steel, NMDCET Now spoke to dealers on institutional and high net worth investors' activity in the dealing room. The following stocks are on their rada...
- Surya Roshni declares 20 per cent interim dividend for current financial yearThe board of Surya Roshni Ltd has declared an interim dividend of 20% per equity share of Rs 10 each for the current financial year.
- Maruti's Rs 119.55 cr payout to NIC displeases CAGCAG is not too pleased about a total Rs 119.55 crore payout to Maruti Udyog Ltd (now Maruti Suzuki India Ltd- MSIL) by National Insurance C...
- Banks pull up socks to pump up car loansCar sales are clearly on downswing, but that hasn't prevented auto financiers from coming up with schemes to boost sales. Biz week in pics ...
- Banks cut rates to pump up car loansLenders are increasingly resorting to lower interest rates, floating rate loans and cutting dealer commissions to drive demand. Motor insur...
- Re loses 20 paise, call rates remain highThe rupee shrugged off early gains on Monday to end the day 20 paise lower than its previous high.
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