Business news

State-run firms pay big dividends; Coal India, PFC lead the pack

State-run firms pay big dividends; Coal India, PFC lead the pack

Dividend yield refers to the annual dividend income expressed as a percentage of the stock's current market price -- an important metric for income-focused investors. Power Finance Corporation (PFC) rewarded shareholders with Rs 19.5 per share -- reflecting a yield of 5 per cent, while REC Limited paid Rs 19.1 per share, also translating into a 5 per cent yield. Aug 27, 2025
Indian stock market to remain shut on Ganesh Chaturthi

Indian stock market remain shut on Ganesh Chaturthi

Further, US tariffs on India are set to increase significantly as new tariffs of 25 per cent will take effect on Wednesday, raising total duties on exports to the US to 50 per cent. Its impact on the Indian stock market will be seen on Thursday. India's top exports to the US include engineering and electronic goods, drugs and pharmaceuticals, and gems and jewellery, as per government data. Aug 27, 2025
Suzuki to invest Rs 70,000 crore in India over next 5–6 years

Suzuki to invest Rs 70,000 crore in India over next 5–6 years

The announcement was made by Suzuki Motor Corporation President Toshihiro Suzuki during the launch of Maruti Suzuki's first electric SUV, the 'e-Vitara', at the company's Hansalpur plant in Gujarat. Prime Minister Narendra Modi flagged off the first batch of the electric SUVs at the inauguration ceremony. Aug 26, 2025

Jan 1, 1970

Jan 1, 1970
Nifty could touch 27,609 in the next 12 months: Report

Nifty could touch 27,609 in the next 12 months: Report

The data compiled by PL Capital in its latest India strategy report said multiple factors, including benign inflation, government tax cuts, normal monsoons, and recent rate reductions by the Reserve Bank of India, are creating conditions for broad-based consumption growth. Aug 26, 2025
IPO mainboard funding in India touches Rs 15,200 crore in Aug

IPO mainboard funding in India touches Rs 15,200 crore in Aug

Indian IPOs raised Rs 16,124 crore in July and Rs 17,688 crore in June. The highest fundraising from the SME space came from 28 companies that tapped the market. The level of funding is, however, down from Rs 1,205 crore in July and Rs 1,300 crore in June. Aug 26, 2025
GST Authority sends tax demand, penalty of over Rs 40 cr to Eternal

GST Authority sends tax demand, penalty of over Rs 40 cr to Eternal

"The Company has received 3 orders on 25 August 2025 for the period July 2017 to March 2020 passed by Joint Commissioner, Appeals-4, Bengaluru, confirming total demand of GST of Rs 17,19,11,762 with interest of Rs 21,42,14,791 and penalty of Rs 1,71,91,177, " Eternal said in an exchange filing. Aug 26, 2025
Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

Indian indices close higher amid US Fed rate cut expectations

Sensex ended the session at 81,635.91, up 329.06 or 0.40 per cent. After a sharp decline in the last session, the 30-share index opened with a decent gap-up at 81,501.06 against the previous session's closing of 81,306.85. The index further escalated the momentum to touch an intraday high at 81,799.06 but remained range-bound. Aug 25, 2025

Jan 1, 1970

Jan 1, 1970
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