The merger of HDFC Bank and HDFC Ltd raises concerns for equity mutual funds with exposure to HDFC Bank shares. SEBI may provide a timeline for reducing exposure to prevent a sudden decline in stock prices. Investors should stay informed about SEBI's actions and the impact on mutual fund investments.
4 Jul 2023The company fixed November 25 as the record date for determining eligible shareholders for the dividend benefit. While it announced that the interim dividend will be paid on or before December 13, 2022.
1 min read14 Nov 2022Institutes such as ICAI and ICSI have been urged to help nudge shareholders towards constructive decision-making
1 min read26 Sep 2021661 firms have announced dividends of ₹49,674 crore between April and September
2 min read7 Oct 2020IDBI Bank said it has received shareholders' approval to raise up to ₹11,000 crore by issuing shares through various modes
1 min read18 Aug 2020All the resolutions proposed in the Annual General Meeting were passed with requisite majorityShareholders also approved a proposal to have the flexibility to infuse additional capital, tap capital markets and raise additional long-term resources.
1 min read26 Jun 2020The RBI panel will also examine and review the eligibility criteria for individuals or entities to apply for a banking licenceIt will also study the current regulations on holding of financial subsidiaries through a non-operative financial holding company
1 min read13 Jun 2020Shareholders would be able to access the e-voting links of ESPs without further authentication by ESPs for participating in the e-voting processTo enable demat account holders to cast vote on different ESP portals without having to register again with the ESPs, Sebi has proposed two mechanisms
2 min read5 Mar 2020India Inc appears to be upping dividend payouts in response to a taxation shift due in 2020-21. Now let’s use higher dividend yields to lure retail investors to equity markets
2 min read27 Feb 2020Funds raised to be used for capital expenditure, working capital and general corporate purposesNTPC shareholders also approve increasing its borrowing limit from Rs1.5 lakh crore to Rs2 lakh crore
1 min read22 Aug 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared