The record date for eligibility is set for April 20, 2024. This dividend declaration comes as the company has witnessed significant growth, yielding over 300% returns in the past year.
Paytm (PAYT.NS) has said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank.
According to market experts, buying in IT stocks contributed the most to the market rally in early trade.
The 30-share BSE Sensex jumped 494.28 points to settle at a new closing peak of 74,742.50. The NSE Nifty climbed 152.60 points to 22,666.30. Meanwhile, The rupee settled on a flat note on Monday at 83.31 against the US dollar.
The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 while the NSE Nifty climbed 79.6 points to 22,593 in early trade.
On April 1, Vistara said it was reducing operations due to the non-availability of crew and other operational reasons. A day later, aviation watchdog DGCA asked the airline to submit a daily report on flight cancellations and delays.
Vistara to stabilise flight operations, over 98 per cent pilots signed new contract, said CEO Vinod Kannan.
The board also approved an increase in the authorised share capital of the company from existing Rs 75,000 crore, divided into Rs 70,000 crore equity share capital and Rs 5,000 crore preference share capital, to Rs 1 lakh crore, the filing said.
On Tuesday (April 2), the Directorate General of Civil Aviation asked Vistara Airlines to submit daily reports about flight operations and follow the Civil Aviation Regulations.
The cumulative FDI inflows from Singapore to India stood at USD 155.612 billion from April 2000 to December 2023, accounting for 23 per cent of the total FDI flows into India
Over the weekend of March 31 to April 1 period, Vistara had a number of disruptions. Earlier this week, aviation regulator DGCA asked the airline to submit a daily report on flight cancellations and delays.
Business news: According to the Reserve Bank of India, Gold reserves increased USD 673 million to USD 52.16 billion during the week. The Special Drawing Rights were down USD 73 million to USD 18.145 billion, the apex bank added.
The Reserve Bank of India (RBI), led by Governor Shaktikanta Das, has announced the decision to maintain the Policy Repo Rate at 6.5%. This steady stance indicates a deliberate approach towards economic stability.
Business news: International Organisation for Standardisation/ International Electrotechnical Commission 27001:2002 is an internationally recognised standard for information security management systems.
The 30-share BSE Sensex jumped 350.81 points to settle at its lifetime high of 74,227.63. Meanwhile, the broader NSE Nifty also hit its fresh peak of 22,514.65, gaining 80 points.
Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka, the World Bank said in its latest South Asia Development Update.
The anticipation surrounding India’s upcoming assembly election, coupled with PM Modi’s potential third term, has ignited a stock market frenzy, resulting in a record-breaking 200 Indians making it onto Forbes’ 2024 list of the World’s Billionaires.
Adani Green Energy Ltd (AGEL) has made history in India's renewable energy sector by exceeding 10,000 MW of renewable energy capacity. With the commissioning of 2,000 MW of solar capacity at the Khavda solar park in Gujarat, AGEL becomes the first firm in India to achieve this feat.
The full-service carrier has been grappling with the issue of first officers of its A320 fleet reporting sick in the last few weeks to protest against reduction in their emoluments due to new contracts, sources said.
In the previous trading session on Monday, the BSE Sensex had recorded a notable increase of 363 points, closing at 74,014. Similarly, the NSE Nifty50 also ended positively, reaching 22,462, up by 135 points.
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