Infosys and IndusInd Bank’s shares traded ex-dividend on Friday after the companies recommended a final dividend of Rs 17.50 and Rs 14 per equity share, respectively. The record date for both companies is June 2. The final dividend for Infosys will be paid on July 3 while IndusInd bank awaits shareholders’ approval at the annual general meeting. Infosys’ equity dividend in the past 12 months was Rs 16.50 per share, resulting in a dividend yield of 1.25%. IndusInd Bank profit increased by 50% to Rs 2,040 crore for the March quarter.
NSE Clearing fails to meet liquidity norms; report Rs 176.65-cr shortfall amid pending dues from BSE
NSE Clearing Ltd, the clearing house of the National Stock Exchange (NSE), has failed to meet the capital markets regulator Sebi’s mandated liquidity requirements, citing
February 5, 2025