Nestle India, the maker of Maggi noodles, has announced a special dividend of Rs 2 per equity share, payable on July 30, 2026. This payout will be funded by retained earnings. The company also declared a final dividend of Rs 5 per share for FY26. The company had strong Q4 FY26 results, showing a 27% profit jump and a 23% revenue increase.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500