Tag: Profit

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

Chola set for a new milestone

RECORD DISBURSEMENTS AND FINANCIAL PERFORMANCE Total disbursements for the year crossed Rs 1 lakh crore for the first time, rising 14 per cent to...

Distributive Justice: Divided on dividend!

The context was a proposal before a board to increase the dividend distribution.  The company has delivered outstanding results for FY 2022 almost doubling profits....

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India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...