The world is a deeply unequal entity. Income and wealth distributions are terribly skewed in favour of a tiny minority of the super rich. Statistics have, time and again, provided evidence of the deep...

“One day everything will be well, that is our hope. Everything’s fine today, that is our illusion” —Voltaire Three months ago the securities regulator decided to repurpose the...

The Reserve Bank of India (RBI) on Thursday announced prudential norms for dividends by non-banking finance companies (NBFCs), including housing finance companies (HFCs). The rules link dividend paym...

The world’s largest miner — Coal India Ltd — is expected to reward its shareholders with an additional final dividend of 20-25 per cent at its board meeting on June 14, sources said....

Shares of Bharat Petroleum Corporation (BPCL) on Wednesday fell around 5 per cent as the Street was left disappointed by its second interim dividend. The oil refiner on Tuesday announced that it will...

Insurance technology firm Majesco on Tuesday entered the record books as it announced an eye-popping interim dividend of 19480 per cent or Rs 974 per share. At its board meeting on Tuesday, the direc...

The board of Vedanta on Saturday declared an interim dividend of Rs 9.50 per share, amounting to Rs 3,500 crore. “The board of directors of the company through a resolution passed by circulatio...

Mining conglomerate Vedanta on Thursday announced that its board will meet this week to consider and approve the first interim dividend for the current financial year. “The board of directors o...

The board of Hindustan Zinc on Tuesday declared an interim dividend of Rs 21.30 per share amounting to Rs 9,000 crore, the bulk of which will go to debt-laden Vedanta Limited which holds 64.92 per cen...

Buoyed by a Rs 1,020-crore tax gain, city-based conglomerate ITC Ltd has declared a hefty dividend of Rs 10.15 a share even as the company’s gross revenue from sales in the fourth quarter dropped be...