🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Infosys dividend: IT major declares final dividend of ₹28 per equity share
Livemint
·
1y ago
Medial
Infosys declared its Q4 FY24 results and announced a final dividend of ₹20 per equity share and a special dividend of ₹8 per share. The company reported a net profit of ₹7,969 crore in the March quarter and revenue of ₹37,923 crore. The record date for dividend payment is May 31, 2024, and the payment will be made on July 1, 2024. Infosys' operating margin declined to 20.1% in Q4 FY24.
View Source
1
Related News
Q4 Results: HDFC Bank declares dividend ₹19.50 per equity share
Livemint
·
1y ago
Medial
HDFC Bank has recommended a dividend of ₹19.50 per equity share for the fiscal year ended March 31, 2024. The record date for shareholders to be eligible for the dividend is May 10, 2024. The recommendation is subject to approval at the Annual General Meeting of the bank. If approved, the dividend will be paid to shareholders whose names appear in the bank's register of members by May 10, 2024.
View Source
Narayana Murthy's 5-month-old grandson earned ₹4.2 crore after Infosys results
Livemint
·
1y ago
Medial
Infosys, India's second-largest IT company, reported a 30% increase in its net profit for the fourth quarter of FY24. They also declared a final dividend of ₹20 and a special dividend of ₹8, totaling ₹28. This resulted in Ekagrah Rohan Murthy, the grandson of Infosys founder Narayana Murthy, becoming a millionaire at the age of five. Infosys recorded a net profit of ₹7,975 crores and a revenue from operations of ₹37,923 crore for the quarter. The company experienced a reduction in headcount for the first time since 2001, with a 7.5% decrease from the previous year.
View Source
Infosys hands out salary revision letters to employees, average hike below 10%
Livemint
·
1y ago
Medial
Infosys has provided salary revision letters to its employees, with the average pay hike below 10% and effective from November 1, 2023. Entry-level employees were excluded from the annual hikes. The company's net profit increased in the July-September quarter, and it has narrowed its revenue growth guidance for the full year. Infosys also declared an interim dividend per equity share. The operating margin for the September quarter saw a sequential rise.
View Source
Tata Motors Results 2024 Updates: Net profit rises 222%, declares dividend
Livemint
·
1y ago
Medial
Tata Motors reported a significant increase of 222% YoY in its net profit for the quarter ending March 2024, reaching ₹17,407.18 crore. The company experienced a notable surge of 13.3% in consolidated revenue, amounting to ₹1,19,986.31 crore. Tata Motors also declared a final dividend of ₹6 per share. The domestic passenger vehicle sales reached a record high of over 4.2 million units in FY24, with SUVs and emission-friendly powertrains driving the growth. The company recorded its highest-ever turnover and profits in FY24.
View Source
TCS Dividend: Board recommends final dividend of ₹28/share; check details
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) reported its Q4 results for fiscal year 2023-24, with a 9% increase in net profit to ₹12,240 crore and a 3.5% YoY rise in revenue to ₹61,237 crore. The company also announced a recommended final dividend of ₹28 per equity share. TCS achieved an all-time high order book of $42.7 billion for the fiscal year and $13.2 billion for Q4. The CEO and Managing Director, K Krithivasan, highlighted the company's strong performance and its ability to support customers in uncertain times. TCS shares have gained 6% this year.
View Source
Vedanta board announces third interim dividend of FY25 at ₹20 per share | Mint
Livemint
·
11m ago
Medial
Vedanta Ltd's Board of Directors has approved the issuance of a third interim dividend for the financial year 2024-25. The dividend amounts to ₹20 per equity share and the total value is ₹7,821 crore. The dividend will be paid on September 10. This is the third dividend issued by Vedanta in the current financial year, with the previous dividends being ₹11 per share and ₹4 per share. Vedanta also reported a 54% rise in net profits for the April-June quarter of FY 2024-25.
View Source
TCS Q4 Results: Net profit at ₹12,434 crore, revenue at ₹61,237 crore
Livemint
·
1y ago
Medial
TCS, India's largest software services exporter, has reported fourth-quarter earnings with a revenue of ₹61,237 crore and a PAT increase of 9.1% YoY to ₹12,434 crore. The company also announced a dividend of ₹28 per share. Further updates are expected.
View Source
500-2,000% dividend! These 4 stocks to trade ex-date for corporate action today; key details & targets
Business Today
·
5m ago
Medial
Several companies have announced dividends and target price updates. Alkem Laboratories Ltd declared a dividend of Rs 37 per share, with a target price of Rs 4,527. Gulf Oil Lubricants announced a Rs 20 per share dividend, with a revised target price of Rs 1,630 by ICICI Securities. Cummins India declared an interim dividend of Rs 18 per share and a target price of Rs 4,401. PI Industries announced a Rs 6 per share dividend, targeting Rs 4,265.
View Source
Vedanta approves second interim dividend for FY25
Money Control
·
1y ago
Medial
Vedanta, a mining major, has approved a second interim dividend of Rs 4/share for FY25, totaling Rs 1,564 crore. This announcement comes after the company paid a total dividend of Rs 37,572 crore during FY23. The high dividend payout has been a consistent trend for Vedanta in recent years, with Rs 16,689 crore distributed in FY22 and Rs 3,519 crore in FY21. Since July 2001, Vedanta has declared 42 dividends, amounting to Rs 50 per share, including three in FY24.
View Source
At TCS AGM, AI-led disruption, automation, geopolitics in focus
Economic Times
·
1m ago
Medial
At Tata Consultancy Services' 30th Annual General Meeting, Keki Mistry highlighted challenges such as AI-led disruptions, geopolitical tensions, and global economic reconfigurations. Tata Sons chairman N Chandrasekaran was absent due to "certain exigencies." TCS plans to leverage AI by establishing a large pool of AI agents and investing in AI data centers and partnerships. A final dividend of Rs 30 per share was recommended, totaling Rs 126 per share for the year.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
