Ajay Devgn’s Panorama Studios has set July 31 as the record date for its 1:5 stock split. Today is the last day to buy shares to qualify. Post-record date purchases won’t benefit from the split.
The reduction in income tax for the middle class and wide-ranging measures to improve employment aim to bolster private consumption. The commitment to fiscal discipline is a strategic move to keep inflation in check.
"While the consensus earnings for FY2024-25 are in the low teens, we expect the growth to be more in 2H," he said, explaining that elections and heat waves slowed down economic activities during the quarter.
We are actually looking at results and saying, okay, some early part of the results were a little disappointing, especially in banking, but we are seeing good results coming from the manufacturing companies so far.
Momentum is getting strong and market breadth is also getting positive for short term traders.
Google irked some watchers of the Olympic Games over the weekend with an ad showing its artificial intelligence program help a girl write a letter to her sports idol. "This commercial showing somebody having a child use AI to write a fan letter to her hero sucks," author Linda Holmes wrote in a post on BlueSky.
The Paris 2024 Olympics have made significant strides in promoting inclusivity, with the number of openly LGBTQ+ athletes breaking a record. Thomas Bach, president of the International Olympic Committee, emphasized the importance of inclusion in the Games. The opening of the Olympic Pride House on a boat floating on the Seine River was a response to this push for inclusion.
Kerala's Wayanad district faced deadly landslides due to heavy rains, leading to five fatalities, including two children. The ongoing heavy rainfall is hampering rescue missions. The state government has deployed Air Force helicopters and teams to aid efforts. Residents are urged to use provided helpline numbers for assistance.
Sixteen companies, such as DLF, Bata India, and Sundaram Finance, set July 31 as the record date for determining dividend eligibility. Investors must purchase shares today to qualify. Additionally, various stocks, including Aarti Pharmalabs and CRISIL, will start trading on an ex-dividend basis from Wednesday.