Reports Financial News

Average fixed mortgage rates tiptoed slightly lower this week, but the leading offers didn’t budge.

Tata Motors on Friday announced a dividend of Rs 6 per share while announcing its Q4 results, which would be paid to the eligible shareholders on or before June 28. “We would like to inform that the Board of Directors at its Meeting held today has recommended declaration of final dividend of Rs 6.00 per Ordinary Share of Rs 2 each (@ 300%) (Rs 3 normal dividend and Rs 3 special dividend) and Rs 6.20 per ‘A’ Ordinary Share of Rs 2 each (@ 310%) (Rs 3.10 normal dividend and Rs 3.10 special dividend) for the financial year ended March 31, 2024. The dividend, if declared at the AGM, shall be paid to the eligible shareholders on or before June 28, 2024,” states the filing to the exchanges.

Khammam went from being just another constituency in Telangana to being one of the state's most prestigious seats. The seat attained a coveted status after the state Congress leadership passed a resolution urging Sonia Gandhi, later Rahul Gandhi and finally Priyanka Gandhi to contest therefrom, ToI reported on May 10. Although none of the abovementioned said yes, the seat went on to become the most sought-after in the state with three big-name ministers seeking the seats for their kin, and the Congress party high command saying no to all of them, ToI's report (by Roushan Ali) said. All attention will be focused on Khammam during the upcoming polling day on May 13, when Telangana's 17 Lok Sabha seats are up for grabs. Although the Congress hasn't clinched victory in this constituency for the last 15 years, it has shown strong performance in the assembly elections. The Congress party has put forward R Raghuram Reddy as its candidate, while the sitting MP Nama Nageswara Rao has been nominated by the BRS party. The BJP, aiming to broaden its influence in the region, has nominated Tandra Vinod Rao.

Enforcement Directorate on Friday filed a fresh charge sheet in Delhi excise policy case. The probing agency has named BRS leader K Kavitha as an accused in the matter, news agency PTI has reported citing officials. On March 15, Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, was apprehended by the federal agency at her residence in Banjara Hills, Hyderabad. As per PTI report, a prosecution complaint has been lodged under sections 45 and 44(1) of the Prevention of Money Laundering Act (PMLA) before a designated court.

religious minorities: A cross-country analysis' presents a "scary" picture and that society and governments must take it seriously. Stating that he has not received the report, he said he has only read about it in the media. «A report has come regarding demographic change. Society and government should take it seriously. This is the only expectation because it has figured prominently in all the media, be it newspapers or news channels,» Joshi told reporters here. «This report is scary. Governments must take this report seriously and think about alterative measures,» Joshi said.

Reserve Bank of India (RBI) is likely to transfer approximately Rs 1 lakh crore to the government IN FY25 according to a report by Union Bank of India. The report said that RBI is anticipated to maintain a robust dividend payout for the fiscal year 2025 (FY25). This projection represents a slight increase from Rs 874 billion transferred in the previous fiscal year. «The government has budgeted the FY25 dividend for RBI and PSU banks & financial institutions at Rs 1020bn, vis-a-vis Rs 1044 bn in FY24. In our view, a positive surprise is likely, similar to last year when initial budget estimate for overall dividend was only Rs 480 bn» said the report.

Wipro on Friday announced the appointment of Vinay Firake as the chief executive officer, APMEA (Asia Pacific, India, Middle East & Africa) strategic market Unit (SMU), effective immediately. “Vinay will report to Srini Pallia and will also join the Wipro Executive Board,” Wipro said in an exchange filing.

A cruise ship entering a New York City port on Saturday attracted attention as it carried the carcass of an over 13-metre-long, endangered whale on its bow.

Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week.  

human consumption and a cancer risk with long exposure. According to reports, the health authorities in Singapore and Hong Kong found cancer-causing pesticide “ethylene oxide" in these masalas above the acceptable limits.

₹8 crore, which is way higher than the second-class coaches of Mail/Express/Ordinary trains and EMU/MEMU trains. It was reported that Vande Bharat Metro trains will be introduced on five routes to begin with: Agra-Mathura (55km), Delhi-Rewari (83km), Lucknow-Kanpur (73km), Tirupati-Chennai (141km), and Bhubaneswar-Balasore (206km).

Retired nurse Joyce Fleming shares why she decided to return to work due to rising costs.

The Mott Capital Management founder and CEO weighs in on home price expectations and gives his market outlook.

Bajaj Hindustan Sugar on Friday posted 31 per cent fall in consolidated net profit to Rs 90.56 crore during the fourth quarter of the 2023-24 fiscal on lower income. Net profit stood at Rs 130.91 crore in the same quarter of the previous financial year, as per the regulatory filing. Total income declined to Rs 1,870.27 crore during the January-March quarter of the 2023-24 fiscal, compared with Rs 2,053.87 crore in the year-ago period.

Hindustan Zinc jumped over 18.65% to hit a new high of ₹541 apiece, and Hindustan Copper and Vedanta also gained over 4% in today's intraday trade. Other stocks such as Steel Authority of India, Jindal Stainless, JSW Steel, NALCO, Hindalco Industries, NMDC, Jindal Steel & Power, and Ratnamani Metals & Tubes are currently trading with gains between 0.5% and 2%. Recent U.S.

iPads, and Macs. This approach aligns with Apple's generative AI ambitions, an area where it is trailing competitors. The technology powering tools like ChatGPT has driven the AI surge, prompting Apple to speed up its own initiatives.

CAMS) reported a consolidated net profit of Rs 103.50 crore for the quarter ended March 31, 2024, a rise of 39% against the profit after tax (PAT) of Rs 74.61 crore posted in the year-ago period. The consolidated revenue from operations rose 24.6% year-on-year (YoY) to Rs 310.46 crore. The company also recommended a final dividend of Rs 16.50 per share.

NCP (SP) president Sharad Pawar on Friday said the parliamentary democracy is under threat because of Prime Minister Narendra Modi, and he won't ally with those who do not believe in it. Pawar's statement has come after the prime minister advised the NCP (SP) and Shiv Sena (UBT) to join hands with Ajit Pawar and Eknath Shinde after the Lok Sabha poll results instead of «dying by merging» with the Congress. Speaking to reporters here, Pawar said it is his clear opinion that parliamentary democracy is under threat because of PM Modi. «Delhi Chief Minister Arvind Kejriwal and former Jharkhand Chief Minister Hemant Soren were arrested and put behind bars. This (the arrests) would not have been possible without the role of the Central government and Central leadership. This shows how much faith they have in the democratic system,» the party chief said.

Can old enemies make for good friends? The future of streaming media might depend on the answer. Disney and Warner Bros. Discovery surprised investors this week with plans to launch a new streaming bundle that will combine Disney+, Hulu and Warner’s Max service.

UK on 10 March this year. In the UK, the day is also known as Mothering Day. The day is celebrated three weeks before Easter Sunday and falls during the time of Lent.

Also Read: Arjun Kapoor lends support to Delhi boy selling rolls in viral video, netizens say ‘terrible actor, but good human’ According to the report, the relationship trend is based on shared values and interests and people are seeing it as an alternative to traditional marriages. Also Read: Singer Abhijeet Bhattacharya becomes new sensation in Egypt, goes viral. Here's why The report has defined friendship marriage as “a cohabitating relationship based on shared interests and values." As per the trend, people do not marry the person whom they love or share a romantic bond.