Bharat Bijlee has declared an equity dividend of 300.00% amounting to Rs 30 per share. At the current share price of Rs 1941.60 this results in a dividend yield of 1.55%.

Indraprastha Gas has declared an equity dividend of 275.00% amounting to Rs 5.5 per share. At the current share price of Rs 414.00 this results in a dividend yield of 1.33%.

Multi Commodity Exchange of India has declared an equity dividend of 174.00% amounting to Rs 17.4 per share. At the current share price of Rs 1265.00 this results in a dividend yield of 1.38%. Source: Moneycontrol, MCX

Government hiked the windfall profit tax on Domestically produced crude oil and exports of diesel and Aviation Turbine Fuel (ATF). Revised rates are effective from 1 Sept 2022. The windfall profit tax on the export of diesel was hiked to Rs 13.5 per litre from Rs 7 per litre earlier, and on Aviation Turbine Fuel

Piramal Enterprises Ltd (PEL) demerging its pharma business, each PEL shareholder on record date will get 4 shares of Piramal Pharma. The company fixed September 1, as the record date for the demerger of Piramal Pharma. The shares of Piramal Pharma will be listed tentatively by Oct/Nov. Under the demerger scheme, the company said four

April – June GDP growth at 13.5% but missed the RBIs forecast of 16.2%. Inflation at five month low of 6.71% in July 2022. Source: https://www.thehindu.com/business/Economy/indias-gdp-grows-at-135-in-april-june-quarter/article65833826.ece

Increasing Fed Rates is making India less attractive for dollar investment. This could lead to capital outflows, and coupled with elevated crude oil and commodity prices may depress the rupee further. Even if the global prices remain unchanged, a weaker rupee means India is paying more for its crude and gas imports (Crude import accounts

Zomato, through its ‘Intercity Legends’, enabling customers to order anywhere from India “legendary dishes” like baked rosogollas from Kolkata, biryani from Hyderabad, Mysore Pak from Bengaluru, kebabs from Lucknow, butter chicken from Old Delhi, or pyaaz kachori from Jaipur. The food is freshly prepared by the restaurant and packed in reusable and tamper-proof containers to

With a market capitalization of ₹58,145.80 Crore, GAIL (India) Ltd.  announced Wednesday, 7th September, 2022 as the record date for determining the eligibility of the shareholders for bonus share issue in 1:2 ratio i.e. one new bonus equity share of Rs. 10/- (Face Value) each for every two existing equity share of Rs. 10/- (Face Value) each