The government PSU stocks or CPSEs will now give a minimum annual dividend of 30 per cent of their profit after tax (PAT) or 4 per cent of their net worth to ensure consistent returns to shareholders.
Indian stock market indices started the fresh week on a positive note on Monday as both indices gained in the opening session but the selling pressure continues to remain.
Days after its listing on the stock exchanges, ACME Solar Holdings' subsidiary ACME Sun Power has secured a Rs 3,753 crore term loan financing from state-owned company REC Limited for the development and construction of a 320 MW green energy projects in collaboration with SJVN.
The domestic stock markets, in coming week, will focus their attention back to the Foreign Institutional Investment (FIIs) selling, global cues and domestic developments such as earnings of the companies and winter session of the Parliament, say analysts.
The Maha Vikas Aghadi includes NCP(SP), Congress and Shiv Sena (UBT) and is looking to de-throne the ruling Mahayuti alliance which includes BJP, Shiv Sena (Eknath Shinde) and NCP (Ajit Pawar).
Despite a significant decline in the Indian stock markets in October 2024, investors maintained strong interest in equity linked schemes like mutual funds, particularly through systematic investment plans (SIPs).
New Delhi [India], November 15: The financial markets give investors many avenues to potentially build wealth over time and earn returns that outpace inflation. However, learning the ins and outs of the stock market, dealing with the risks involved and planning investments can seem challengi
The Indian stock markets are closed on Friday in observance of Prakash Gurpurb, marking the birth anniversary of Guru Nanak Dev, the founder of Sikhism.