Information technology leader Infosys Technologies Ltd on Friday said it will consider a bonus issue of its shares on April 14, taking the value of its scrip to a 52-week high of Rs 3,400 on the Bombay Stock Exchange.
The Pakistan Cricket Board (PCB) on Thursday terminated the central contract of fast bowler Haris Rauf in a disciplinary action for pulling out of the recent Test series in Australia.
The Indian pharmaceutical market (IPM) grew 6.8 per cent to touch a turnover of ~1.93 trillion in calendar year 2023, despite volumes going down marginally by 0.9 per cent. This indicates the price increase has been the major growth driver. Growth in the moving annual turnover (the previous 12 months' turnover) in December was 5.1 per cent and that in new product introduction 2.6 per cent, while volumes dipped 0.9 per cent, leading to an overall growth rate of 6.8 per cent, according to the data from market research firm Pharmatrac.
Oil and Natural Gas Corporation on Thursday said there was no case for bonus shares as the company's equity base was already very large.
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Tata Iron and Steel Company on Monday decided to issue bonus shares in the ratio of 1:2, subject to shareholders approval.
'I wanted people to know that women across all ages have an exciting life.'
Top executives of struggling insurance giant American International Group have agreed to return $50 million taken as bonus as the company faces sharp criticism from taxpayers and federal officials on these payments.
Union Finance minister P Chidambaram on Tuesday announced enhancement of bonus for policy holders of the Life Insurance Corporation of India.
More and more employers in the US are giving bonuses based on performance instead of annual raises for all employees, a media report has said.
A total of four trials of two sets each will be held and the best three scores will be considered for arriving at the Final Average Score (FAS) to select the squad for the Olympics.
AIG paid more than $40m in controversial retention bonuses to staff at its troubled financial unit in December, three months ahead of schedule, according to the resignation letter of an executive at the insurance group.
Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark. The total value of sponsor and associate investments across all categories of schemes touched Rs 95,058 crore in February, according to a Business Standard analysis of data from industry body the Association of Mutual Funds in India (Amfi). This represents a 28.9 per cent increase over March 2023.
The top executives of American entities Merrill Lynch and Morgan Stanley will forego their yearly bonuses amid the Wall Street executives coming under fire for the ongoing financial turmoil, say media reports.
Do not splurge your annual bonus or luxuries. Instead plan how you can optimise it to meet your long-term goals.
Marico Industries Ltd has announced a 1.1 bonus issue of equity shares aggregating Rs 29 crore (Rs 290 million) and recommended a third interim dividend of 25 per cent.
India-born Vikram Pandit led world's biggest bank Citigroup is planning to overhaul its bonus system, aimed to increase co-operation and minimise in-fighting among disparate parts of the conglomerate, a media report said.
Shareholders of Bombay Stock Exchange approved a bonus issue of 12:1 at an extraordinary general meeting held in Mumbai on Friday. The face value of the BSE share is Re 1.
After US, it is now Britain which is turning the taps off on perks for the chief executive officers and bankers, with Prime Minister Gordon Brown warning them that time was off on the current culture of "big bonuses"
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Leading carmaker Maruti Udyog on Tuesday kicked off a new 'loyalty bonus' programme for its existing customers in a fresh attempt to boost car sales.
With a jam-packed schedule brimming with both legendary athletes and captivating storylines, Paris 2024 promises unforgettable moments.
The first step in your order of priority should be to pay off any high-cost debt you might have incurred.
For those of you who don't have a clear plan, here are some of things that you can do with your Diwali bonus.
Health insurance coverage should be hiked periodically to keep pace with medical inflation, or increase in healthcare costs.
Goalkeeper P R Sreejesh's heroics saw India pull off a thrilling 8-7 shootout win against Spain.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Indeed, where other industries complained of poor demand, festival season sales for consumer electronics grew 30-35 per cent year on year, boosting average growth for the year from 7-8 per cent to 10 per cent. In fact, it was the durable sector which drove industrial growth of 4.8 per cent in September.
The company has fixed February 9, 2011 as the record date for ascertaining the eligibility of the shareholders, who would be entitled to receive sub-divided shares and bonus shares, it said in a separate filing to the BSE.
A round-up of Ranji matches played on Saturday.
As per Indian tax laws, bonus in kind paid to the employees could be considered as salary income in the hands of the employees.
Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday.
The Goldman employees currently receive as much as 75 per cent of their annual bonuses in restricted stocks or options.
As many as 5,532 complaints were received by the regulator in January, an 80 per cent increase over the number of complaints filed in the previous month.
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