HCL Tech Q3 dividend: IT major announces 4th interim dividend of ₹18, sets January 17 as record date
1 day, 18 hours ago

HCL Tech Q3 dividend: IT major announces 4th interim dividend of ₹18, sets January 17 as record date

Live Mint  

HCL Tech Q3 dividend: Indian IT major HCL Technologies, on Monday, January 13, announced the fourth interim dividend of ₹18 per share of ₹2 each for the financial year 2024-25. “The board of directors has declared a fourth interim dividend of ₹18 per equity share of ₹2 each of the company for the financial year 2024-25. "The record date for the payment of the aforesaid interim dividend shall be January 17, 2025, and the payment date of the said interim dividend shall be January 24, 2025," said the company. HCL Tech Q3 results According to the company's exchange filing, the domestic IT giant reported a 5.1 per cent year-on-year rise in its Q3FY25 revenue at ₹29,890 crore.

Dividend Company Date Cent Yoy Record Date Hcl Tech Q3  interim  tech  quarter  dividend  cent  company  share  major  date  record  announces  companys  q3  revenue  payment  sets  hcl

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HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights
Trending News
1 day, 18 hours ago

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights

Live Mint  

HCL Tech Q3 Results: HCL Technologies announced its October-December quarter results for fiscal 2024-25 on Monday, January 13, reporting a rise of 5.5 per cent in its consolidated net profit to ₹4,591 crore, compared to ₹4,350 crore in the corresponding period last year. "HCL Tech delivers another quarter of solid growth at 3.8 per cent QoQ in constant currency and …

HCLTech reports 5.5 per cent profit growth in Q3 FY25, declares special dividend
2 days, 7 hours ago

HCLTech reports 5.5 per cent profit growth in Q3 FY25, declares special dividend

New Indian Express  

BENGALURU: IT services giant HCLTech met Street expectations with a 5.5 per cent increase in its consolidated net profit, reaching Rs 4,591 crore for the quarter ended December 2024, compared to Rs 4,350 crore in the same period last year. The company's revenue from operations stood at Rs 29,890 crore for the quarter, reflecting a 5.1 per cent year-on-year growth …

TCS Q3 Dividend: IT major announces interim dividend of ₹10; special dividend of ₹66 per share
5 days, 20 hours ago

TCS Q3 Dividend: IT major announces interim dividend of ₹10; special dividend of ₹66 per share

Live Mint  

TCS Q3 Dividend: India's largest IT firm, Tata Consultancy Services, announced its third interim dividend issue along with a special dividend issue on Thursday, Janaury 9. The company declared an interim dividend issue of ₹10 per equity share held, along with a special dividend of ₹66 per equity share with a face value of ₹1 each, according to the exchange …

TCS to declare interim dividend today: Know record date and past dividends
Trending News
6 days, 7 hours ago

TCS to declare interim dividend today: Know record date and past dividends

India Today  

Tata Consultancy Services Ltd, one of India's largest IT services companies, is set to announce its third interim dividend and financial results for Q3 FY25 today. TCS has already declared dividends totalling Rs 20 per share for FY25, with Rs 10 each announced in the first and second quarters. Last year, TCS declared a final dividend of Rs 28 per …

TCS Q3 FY25 results: IT giant announces special dividend. Check details
Top News
6 days, 7 hours ago

TCS Q3 FY25 results: IT giant announces special dividend. Check details

India Today  

Tata Consultancy Services, India’s largest IT services company, has announced its financial results for the third quarter of FY25, along with a special dividend for its shareholders. The TCS Board of Directors declared a third interim dividend of Rs 10 per equity share and a special dividend of Rs 66 per equity share. "We would like to inform you that …

TCS Q3 results 2024 to be declared on January 9; fixes record date for third interim dividend
2 weeks ago

TCS Q3 results 2024 to be declared on January 9; fixes record date for third interim dividend

Live Mint  

Tata Consultancy Services share price will remain in focus on Wednesday as the IT bellwether has announced that its board will consider dividend along with the third quarter earnings next week. The Tata Group company has also fixed the record date for the third interim dividend. “.a meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled …

Dividend Stocks: NALCO, Gillette India, Godfrey Phillips India among others to trade ex-dividend next week; Full list
1 month, 3 weeks ago

Dividend Stocks: NALCO, Gillette India, Godfrey Phillips India among others to trade ex-dividend next week; Full list

Live Mint  

Dividend stocks: Shares of major companies, such as National Aluminium Co. Ltd, Gillette India, Godfrey Phillips India and others, are scheduled to trade ex-dividend starting on Monday, November 25, 2024, according to BSE. The following are the stocks that have declared dividend in the upcoming week: Stock trading ex-dividend on Monday, November 25, 2024: Balrampur Chini Mills Ltd: The company …

Dividend Stocks: ONGC, Asian Paints, MRF, among others to trade ex-dividend next week; Full list
1 month, 4 weeks ago

Dividend Stocks: ONGC, Asian Paints, MRF, among others to trade ex-dividend next week; Full list

Live Mint  

Dividend stocks: Shares of major companies, such as ONGC, Asian Paints, Ashok Leyland, MRF and others, are scheduled to trade ex-dividend starting on Monday, November 18, 2024, according to BSE. The following are the stocks that have declared dividend in the upcoming week: Stock trading ex-dividend on Monday, November 18, 2024: CFF Fluid Control Ltd: The company declared an interim …

Dividend stock: IT stock sets board meeting date to declare Q2 results 2024-25. Check details
2 months, 1 week ago

Dividend stock: IT stock sets board meeting date to declare Q2 results 2024-25. Check details

Live Mint  

Dividend stock: IT stock Dev Information Technology Ltd has set board meeting date to declare Q2 results FY25 and also consider interim dividend. Dev Information Technology Ltd in its release on the exchanges Intimated of Board Meeting dates to be held on 12th November, 2024. Board meeting details Dev Information Technology Ltd said that the meeting of the Board of …

Small-cap stock below ₹50: Bhatia Communications to consider dividend soon. Details here
2 months, 1 week ago

Small-cap stock below ₹50: Bhatia Communications to consider dividend soon. Details here

Live Mint  

Stock Market Today: Bhatia Communications & Retail Ltd, a small-cap stock priced below ₹50, will consider a dividend soon. Bhatia Communications & Retail Ltd in a press release intimated that the company's board will meet next week to consider the financial results for the second quarter and a second interim dividend. As per the release, Bhatia Communications & Retail said …

Dividend stocks: Hindustan Zinc, IRB Infra, Coforge among 5 stocks to trade ex-dividend today
8 months ago

Dividend stocks: Hindustan Zinc, IRB Infra, Coforge among 5 stocks to trade ex-dividend today

Live Mint  

Dividend stocks: Shares of Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, Aptus Value Housing Finance India Ltd, Canara Bank, Solara Active Pharma Sciences Ltd, and Viji Finance Ltd will be in focus when the stock market opens on May 15. 4,225.32 Crores.” IRB Infrastructure Developers dividend The company board has declared an interim dividend of …

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared
8 months, 2 weeks ago

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

Hindustan Times  

HCL Tech Q4 results: IT major's consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year - a gain of 0.1%. The services revenue of HCL Tech crossed ₹ 1 lakh crore on run rate basis during the quarter under …

SBI Card declares interim dividend of ₹2.50/share for FY24
9 months, 3 weeks ago

SBI Card declares interim dividend of ₹2.50/share for FY24

Live Mint  

SBI Cards and Payment Services on March 19 declared an interim dividend of ₹2.50 per equity share for FY23-24, it said in a filing with the exchanges. SBI Card Q3 results: Net profit rises 8% to ₹ 549 crore SBI Card on January 25 declared financial results for Q3FY24 ended December 31, 2023. The State Bank of India-backed credit card …

ONGC Q3 Results: Net Profit Falls Over 13%, Firm Announces Second Dividend
11 months ago

ONGC Q3 Results: Net Profit Falls Over 13%, Firm Announces Second Dividend

ABP News  

Oil and Natural Gas Corporation Ltd reported a 13.6 per cent drop in its net profit on a year-on-year basis in its third quarter earnings on Saturday. The oil and gas exploration firm logged a net profit of Rs 9,535.67 crore for the December quarter in the current financial year against a net profit of Rs 11,044.73 crore in the …

Dividend stocks: Oberoi Realty, 7 other shares to trade ex-dividend today
11 months, 1 week ago

Dividend stocks: Oberoi Realty, 7 other shares to trade ex-dividend today

Live Mint  

Dividend stocks 2024: Shares of Mangalore Refinery & Petrochemicals Ltd, Oberoi Realty Ltd, Zensar Technologies Ltd, Balkrishna Industries Ltd, Control Print Ltd, Indian Energy Exchange Ltd, Kewal Kiran Clothing Ltd, Share India Securities Ltd, and Sandur Manganese & Iron Ores Ltd will be in focus when the stock market opens on Friday. In a stock exchange filing, Oberoi Realty said: …

Vedanta shares jump after announcement of ₹11 per share interim dividend
1 year ago

Vedanta shares jump after announcement of ₹11 per share interim dividend

Live Mint  

Stock market today: Vedanta shares witnessed strong buying interest during early morning deals on Tuesday. Acording to stock market experts, Vedanta shares are rising due to interim dividend buzz. The metal company has declared ₹11 per share interim dividend yesterday and hence we are witnessing some buying interst in the stock as its record date is close. On why Vedanta …

Dividend Stocks: IRCON International, others to trade ex-dividend next week
1 year, 4 months ago

Dividend Stocks: IRCON International, others to trade ex-dividend next week

Live Mint  

Dividend Stocks: Shares of several companies including IRCON International Ltd, RITES Ltd, Max Healthcare, Macrotech Developers among many others will trade ex-dividend in the coming week, starting from Monday, September 4. Additionally, shares of Vivanta Industries Ltd will trade ex-bonus on September 5. The following are the stocks that have declared dividend in the next week: Here we list out …

REC Q1 Results: Net profit rises 21% to ₹2,968 crore, dividend declared
1 year, 5 months ago

REC Q1 Results: Net profit rises 21% to ₹2,968 crore, dividend declared

Live Mint  

REC Q1 Results: REC announced its April-June quarter results for fiscal 2023-24 on July 26, reporting a growth of 21 per cent in consolidated net profit at ₹2,968.05 crore, compared to ₹2,454.16 crore in the corresponding period last year. The power distributer's board also proposed raising of funds through the placement of unsecured/secured non-convertible bonds or debentures of upto ₹1,05,000 …

TCS to declare Q1 results, interim dividend on 12 July, fixes record date
1 year, 6 months ago

TCS to declare Q1 results, interim dividend on 12 July, fixes record date

Live Mint  

IT giant Tata Consultancy Services will be announcing its first quarter results for the financial year FY24 on July 12, 2023. In June 2023 quarter, wage hike is likely to impact TCS' EBIT margins, while TCV is likely to be flattish after deal with BSNL. In its regulatory filing, TCS said, "We hereby inform you that a meeting of the …

Dividend stocks: Two shares to trade ex-dividend, one to declare dividend today
1 year, 7 months ago

Dividend stocks: Two shares to trade ex-dividend, one to declare dividend today

Live Mint  

Dividend stocks 2023: After the end of Q4 results season, stock market investors and observers are eagerly awaiting the reward payments announced by the listed entities from their capital reserves. For such investors, there is a piece of stock market news as two companies are going to trade ex-dividend stock today whereas one is going to discuss dividend payment in …

Stocks to turn ex-dividend in trading week from May 29 to June 2: check list
1 year, 7 months ago

Stocks to turn ex-dividend in trading week from May 29 to June 2: check list

Live Mint  

The coming week is very busy when it comes to dividend stocks. Read here: Vedanta announces first interim dividend of ₹ 18.5 per share for FY24; check details Here is the list of stocks with their dividend payout details for which they will turn ex-dividend in the trading week between May 29th to June 2nd. Read here: ITC Q4 results: …

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date
1 year, 7 months ago

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date

Live Mint  

FMCG major ITC Ltd on Thursday announced a final dividend ₹6.75 and a special dividend of ₹2.75 per ordinary share of ₹1 each for the financial year ended 31 March, 2023. ITC had declared an interim dividend of ₹6 in February 2023, thus taking the total dividend for the financial year ended 31 March, 2023 to Rs15.50 per ordinary share …

Bajaj Auto declares dividend ₹140 per share, check details here
1 year, 8 months ago

Bajaj Auto declares dividend ₹140 per share, check details here

Live Mint  

Two-wheelers and commercial vehicles maker Bajaj Auto has declared a dividend of ₹140 per share of face value of ₹10 each on equity shares for the financial year ended March 31, 2023. “In line with the Company's Dividend Distribution Policy, the Board of Directors has approved/recommended a dividend at the rate Rs.140 per share of face value of Rs. The …

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors
1 year, 8 months ago

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors

News 18  

HCL Tech Dividend: IT major HCL Technologies will consider an interim dividend payout to the equity shareholders along with its Q4 earnings on Thursday, April 20, 2023. HCL Tech is expected to report a double-digit growth in revenue for the fourth quarter ended March 31, 2023, with estimates going as high as around 20.4 per cent, aided by ramp up …

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know
1 year, 8 months ago

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know

Live Mint  

The next hot Q4 result in the IT sector is HCL Tech which will present its financial earnings on April 20. On April 20, apart from announcing Q4 earnings and the full-year FY23 financial report, HCL Tech board members will also consider payment of interim dividends for the financial year 2023-24. In terms of constant currency, HCL Tech posted revenue …

Dividends This Week: 8 companies set record dates; check details
1 year, 8 months ago

Dividends This Week: 8 companies set record dates; check details

Live Mint  

Eight companies have set their record dates this week to determine eligibility of shareholders for dividend payments. Dhampur Sugar Mills Ltd, an integrated sugarcane processing company engaged in the manufacturing and selling of sugar, power and chemicals, has declared interim dividend at 60 % i.e. The company has declared an interim dividend of Rs 22 per equity share. Eid Parry …

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week
1 year, 8 months ago

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week

Live Mint  

Its a busy week ahead with major companies especially in banking, IT and financial sectors lined up to present their fourth quarter earnings for FY23. Among the major Q4 results to watch out for are ICICI Bank, HCL Tech, Yes Bank, Hindustan Zinc, ICICI Prudential Life Insurance, and Tata Communications among others. On April 20, apart from announcing Q4 earnings …

TCS declares final dividend for FY23: How it compares with previous years
1 year, 9 months ago

TCS declares final dividend for FY23: How it compares with previous years

Live Mint  

While announcing its earnings for the fourth quarter ended 31 March, 2023, Indian software giant Tata Consultancy Services has declared a final dividend of ₹24 per equity share for the financial year 2022-23. Tata Consultancy Services, India's second most valuable company by market capitalisation, has a strong track record of distributing dividends to its shareholders, declaring 78 dividends since 28 …

TCS declares final dividend of ₹24 per share for FY23. Key details here
1 year, 9 months ago

TCS declares final dividend of ₹24 per share for FY23. Key details here

Live Mint  

IT giant Tata Consultancy Services has declared a final dividend for FY23 to the tune of ₹24 per equity share. In its financial results filing on exchanges, TCS said, "the Directors have recommended a Final Dividend of ₹24 per Equity Share of ₹1 each of the Company which shall be paid/dispatched on the fourth day from the conclusion of the …

TCS to recommend final dividend for FY23 today, record date expected too
1 year, 9 months ago

TCS to recommend final dividend for FY23 today, record date expected too

Live Mint  

Apart from Q4 results, investors will be keenly eyeing the final dividend of TCS for fiscal year FY23. The Tata Group-backed company has already paid a total of three interim dividends in the said fiscal and will be recommending a final dividend on Wednesday. In its regulatory filing earlier, TCS said, "recommend a final dividend, if any, on the equity …

Interim dividend this week: Hinduja Global Solutions and Marico set record dates; check details
1 year, 10 months ago

Interim dividend this week: Hinduja Global Solutions and Marico set record dates; check details

Live Mint  

Hinduja Global Solutions Ltd and Marico Ltd have set their record dates this week to determine eligibility of shareholders for interim dividend payments. Hinduja Global Solutions, which is engaged in business process management, has fixed Monday, March 6, as the record date for the purpose of determining the shareholders eligible for interim dividend. As per the company's exchange filing, the …

Dividend at 120% declared by hospital stock, record date next week
1 year, 11 months ago

Dividend at 120% declared by hospital stock, record date next week

Live Mint  

While announcing its earnings for the third quarter ended December 2022, Apollo Hospitals also declared an interim dividend of 6 rupees per share, amounting to a pay-out of ₹86 crore, for the financial year ending 31st March 2023 with record date fixed next week on Friday February 24, 2023. "The board of directors declared an interim dividend of ₹6 per …

Hero Motocorp Q3 profit rises 4% YoY; co declares interim dividend of 3,250%
1 year, 11 months ago

Hero Motocorp Q3 profit rises 4% YoY; co declares interim dividend of 3,250%

Live Mint  

Two-Wheeler maker Hero MotoCorp on Tuesday posted a net profit of ₹711 crore for the October-December quarter, as compared to ₹686 crore during the same quarter last year. The company's revenue from operations for the quarter came in at ₹8,031 crore as against ₹7,883 crore during Q3 FY22, recording an increase in revenue of 1.8 per cent. Total expenses stood …

FMCG stock declares ₹80 interim dividend, record date next week
1 year, 11 months ago

FMCG stock declares ₹80 interim dividend, record date next week

Live Mint  

While announcing its earnings for the quarter ended December 2022 of the current fiscal, Procter & Gamble Hygiene & Healthcare Ltd said that its board also approved and declared an interim dividend of 80 rupees per equity share. As informed earlier in our letter dated January 9, 2023, record date for the purpose of eligibility for payment of said Interim …

Dividends This Week: 30 companies have set record dates this week; Check details
1 year, 11 months ago

Dividends This Week: 30 companies have set record dates this week; Check details

Live Mint  

Thirty companies have set their record deadlines this week to determine whether members are eligible for interim dividend payments. According to the company's exchange filing, the board of directors declared interim dividend for FY 2022-23 at 20% on equity share capital i.e Rs 2 per share. According to company's exchange filing, the board declared interim dividend of Rs 1.50 per …

Dividends This Week: Seven companies have set record dates this week; Check details
1 year, 11 months ago

Dividends This Week: Seven companies have set record dates this week; Check details

Live Mint  

Seven companies have set their record deadlines this week to determine whether members are eligible for interim dividend payments. As per company's exchange filing, the board has declared third interim dividend for FY23 at the rate of Rs 9.60 per share on equity shares having face value of Rs 10 per share. According to company's exchange filing, the board of …

TCS declares record dividend: How it compares with previous years
2 years ago

TCS declares record dividend: How it compares with previous years

Live Mint  

While announcing its earnings for the third quarter ended current fiscal, Tata Consultancy Services on Monday announced the declaration of third interim dividend of ₹75 per share which included a special dividend of ₹67 per share for FY23. The third interim dividend and the special dividend will be paid on 3 February, 2023, to the equity shareholders of the company, …

TCS announces interim and special dividend of ₹75 per share for FY23
2 years ago

TCS announces interim and special dividend of ₹75 per share for FY23

Live Mint  

IT bellwether Tata Consultancy Services on Monday announced a dividend and special interim dividend of ₹75 per equity share for fiscal FY23. “We would like to inform you that at the Board Meeting held today, the Directors have declared a third interim dividend of ₹8 and a special dividend of ₹67 per Equity Share of ₹1 each of the Company,” …

TCS to kick start Q3 earnings season on 9 Jan, fixes record date for dividend
2 years ago

TCS to kick start Q3 earnings season on 9 Jan, fixes record date for dividend

Live Mint  

IT giant, Tata Consultancy Services will kick start the third quarter earnings season for FY23 in the IT sector on January 9th. The Tata Group's flagship company will also announce the third interim dividend for the fiscal on this day. In its regulatory filing on December 30th, TCS said, "the third interim dividend, if declared, shall be paid to the …

IT giant which paid 1,900% dividend in FY23 has another surprise for investors
2 years ago

IT giant which paid 1,900% dividend in FY23 has another surprise for investors

Live Mint  

IT major HCL Technologies is among dividend king stocks who has time after time paid hefty dividends to their investors. As per the regulatory filing, on December 16th, HCL Tech announced that the company's board of directors is scheduled to meet on Thursday, January 12, 2023, to consider: - unaudited Financial Results of the Company for the quarter and nine …

Dabur India Announces 250% Interim Dividend For FY23; What Investors Need To Know
2 years, 2 months ago

Dabur India Announces 250% Interim Dividend For FY23; What Investors Need To Know

News 18  

Homegrown FMCG major Dabur India on Wednesday announced an interim dividend of 250 per cent for the current financial year 2022-23. It means that an interim dividend of Rs 2.50 per equity share having a face value of Re 1 each will be given to the eligible investors aggregating to Rs 442.94 crore. “We wish to inform you that the …

TCS Declares Second Interim Dividend of Rs 8 Per Equity Share; What Investors Should Know
2 years, 3 months ago

TCS Declares Second Interim Dividend of Rs 8 Per Equity Share; What Investors Should Know

News 18  

India’s largest IT services company Tata Consultancy Services on Monday declared its second interim dividend or Rs 8 per equity share. “We would like to inform you that at the board meeting held today, the directors have declared a second interim dividend of Rs 8 per equity share of Rs 1 each of the company,” TCS said in a statement …

TCS announces second interim dividend of ₹8 per share, fixes record date
2 years, 3 months ago

TCS announces second interim dividend of ₹8 per share, fixes record date

Live Mint  

Tech giant, Tata Consultancy Services announced the second interim dividend of ₹8 per equity share for the fiscal year FY23. "We would like to inform you that at the Board Meeting held today, the Directors have declared a second interim dividend of ₹8 per Equity Share of ₹1 each of the Company," TCS said while announcing its Q2 results. In …

TCS' Record Date for Interim Dividend Tomorrow; Details Investors Should Know
2 years, 5 months ago

TCS' Record Date for Interim Dividend Tomorrow; Details Investors Should Know

News 18  

TCS Dividend: Shares of Tata Consultancy Services hit a fresh 52-week low on Friday, a day ahead of its dividend record date. While announcing its earnings for the first quarter ended June 2022, India’s top IT company Tata Consultancy Services’ board also declared an interim dividend of Rs 8 per equity share of Re 1 each company. “The interim dividend …

This Pharma Stock Fixes Record Date For 1500% Dividend Payout; Key Details For Investors
2 years, 6 months ago

This Pharma Stock Fixes Record Date For 1500% Dividend Payout; Key Details For Investors

News 18  

Dividend Paying Stock: Divis Laboratories, a large-cap pharmaceuticals company, will soon pay the final dividend for the year ending March 2022. “We would like to inform that the Board of Directors of the Company at its meeting held on Monday has recommended a Dividend of Rs 30/- per equity share of face value 2/- each for the financial year 2021-22, …

Pharma stock approves interim dividend at 450%, record date next week
2 years, 7 months ago

Pharma stock approves interim dividend at 450%, record date next week

Live Mint  

While announcing its Q4FY22 earnings, drug firm Aurobindo Pharma said its board has recommended fourth interim dividend of 450% i.e ₹4.50 per equity share of Re 1/- each on the equity share capital of the company for the financial year 2021-22. The company has already fixed the record date for the purpose of payment of fourth interim dividend for the …

TCS, Infosys, HCL Tech to Consider Paying Final Dividend Along With Q4 Results. Know Details
2 years, 9 months ago

TCS, Infosys, HCL Tech to Consider Paying Final Dividend Along With Q4 Results. Know Details

News 18  

Q4 Earnings: Tata Consultancy Services or TCS, Infosys, and HCL Tech, the major Information Technology behemoths, are considering paying a final dividend for the fiscal year 2021-22, as well as announcing fourth-quarter results for the fiscal year ended March 31, 2022. The board of directors of the company will publish audited standalone and audited consolidated financial results for the fiscal …

Firms dole out large dividends amid covid
4 years, 3 months ago

Firms dole out large dividends amid covid

Live Mint  

Indian companies have doled out large dividends this fiscal to prevent public shareholders from dumping their shares amid the economic uncertainties caused by the covid-19 pandemic and lockdowns. So far this fiscal, cigarette to hotels conglomerate ITC Ltd has announced the highest dividend of ₹12,477 crore in July after its stock continued to weaken amid sluggish volumes between May and …

Centre may seek ₹30,000 cr interim dividend from RBI to meet fiscal target
5 years, 3 months ago

Centre may seek ₹30,000 cr interim dividend from RBI to meet fiscal target

The Hindu  

The Centre may seek an interim dividend of about ₹30,000 crore from the Reserve Bank of India towards the end of the financial year to meet its fiscal deficit target of 3.3% of GDP for 2019-20, sources said. “If required, the government may request the Reserve Bank of India for interim dividend of ₹25,000-30,000 crore during the current fiscal,” an …

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