Half of India's top-priced stocks have outperformed the benchmark indices this year. On a year-to-date basis (YTD), the Sensex has gained 3.8 per cent and the Nifty50 3.4 per cent. The stocks which have outperformed the indices include 3M India, Nestle India, MRF, Shree Cement and Bosch while those who have underperformed the benchmarks include Page Industries (-10.4 per cent), Procter & Gamble (-4 per cent), Honeywell Automation (-0.9) and Lakshmi Machine Works, which gained 1.3 per cent.
The two top officials of Cricket South Africa were locked in a bitter bickering battle, with president Mtutuzeli Nyoka on Thursday accusing CEO Gerald Majola of lying about bonuses paid by the Indian Premier League to CSA staff.
With a slew of measures for mutual fund investors, Sebi has regulated that Selling of bonus units in mutual funds before nine months can lead to more tax liability, but it does not apply to stocks. This is because an amendment was made in the Income Tax Act, which prevents tax payers from 'bonus stripping'. This provision mentions that if there is any loss when the investor redeems bonus units in the first nine months the loss will not be considered as part of taxable income.
India on Thursday set up a semifinal clash with Pakistan in the men's kabaddi competition
The government on Friday announced a 5 per cent bonus on new monthly post office deposits. The bonus will be applicable for Post Office Monthly Income Accounts opened on or after December 8, the finance ministry said in a statement.
Brazil's World Cup winning players from 1958, 1962 and 1970 have been awarded a bonus and a pension from the government in a controversial move that has split public opinion.
Dear Finance Minister, We don't expect magic, just a little understanding and some tax relief that feels like a real reward, not a bare minimum. A little extra fuel in our wallets could go a long way, pleads Vatsal Ramaiya
Here is a list of financially prudent things to do (in the order of priority) with your annual bonus rather than blowing it all up in one massive binge.
Rishabh Pant is confident of playing entire IPL, in what capacity we're not quite sure yet: Ricky Ponting
'Modi must see how we live, what we have to do to educate our children.'
Gavaskar wants Ashwin to lead team out on field in Dharamsala in his 100th Test.
In an effort to grab a share of the hefty Diwali bonus to employees in government and corporate sector, country's largest lender State Bank of India may raise the interest rate on term deposit rates in next few days.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
The Pakistan cricket team, that won the third Test against England at the Oval on Saturday, has donated win bonuses worth 4,625,000 rupees ($54,400) to the floods relief effort in the country.
'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'
The RIL board had last month approved 1:1 issuance of bonus shares after a 12-year hiatus. The last time RIL announced a bonus issue was in October 1997.
Financial service provider Goldman Sachs Group Inc's shareholders have asked the company to cut the size of bonuses to be paid to executives and reward them instead, a media report says.
A bonus amount of Rs 1000 has been offered for each goal scored by the Indian team at the ongoing Asia Cup.
Chanda Kochhar has said the lender would consider rewarding its employees with bonus, which it skipped last year on account of poor performance.
The Kiwi players and their families got a rare audsience with His Holiness The Dalai Lama in Dharamsala.
The saffron party promised a "direct payment of a proportionate bonus" to small and marginal farmers -- those owning up to five acres of land.
These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.
Opto Circuits has revised the record date as January 16 for the purpose of issue of one bonus share for every ten existing equity shares held. \n\n\n\n
West Indies skipper Dwayne Bravo says he had "sent a message" to Chris Gayle as he was making a mockery of the Sri Lankan attack, telling the opener to try and go for a bonus-point win in the first match of the Tri-nation One-Day series in Kingston, Jamaica.
At a time when companies are cutting costs and jobs to tackle the economic downturn, global retail chain major Wal-Mart has doled out $933.6 million in bonuses to its workers.
Further the shareholders have accorded their approval for issue of bonus shares in 3:5 ratio, wherein three new equity shares would be alloted for every five existing equity shares held, the company added. The company had recommended the issue of 13.68 crore (Rs 136.8 million) bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 held by the shareholders of the company in the public category.
If you have an appetite for crowds and the visual spectacle of many focused on one task or activity, a pooram will engage you, notes Shyam G Menon.
Cosmo Films Ltd decided to issue bonus shares in the ratio of one new share for every share held in the company.
The BCCI had earlier announced an award of Rs 50 lakh to the team following its 3-2 victory in the five-match One-Day International series.
This is the highest-ever bonus being paid to the employees for the good work done by them to take the Indian Railways to a new high, Information and Broadcasting Minister P R Dasmunsi told reporters after a meeting of the Cabinet chaired by Prime Minister Manmohan Singh on Thursday.
Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.
Diversified business group ITC on Friday announced the issue of bonus shares against each share of the company, the seventh time in the last 32 years, as part of its centenary celebrations.
Cricket South Africa executives could have been getting 'unauthorised' bonuses even before receiving the controversial payments for hosting IPL's 2009 season currently the subject of an inquiry ordered by Sports Minister Fikile Mbalula, a former CSA Board member has claimed.
In a memorandum to Securities and Exchange Board of India on the proposed amendments to the Sebi (Prohibition of Insider Trading) Regulations, 1992, Ficci, while welcoming the proposal that the regulations should not freeze legitimate trading by the specified persons, feels that the management of a company should be authorised to decide and create window freeze.
While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.
Information and Broadcasting Minister Ambika Soni said the Union Cabinet has accepted the proposal of the Ministry of Railways for payment of PLB equivalent to 78 days' wages for 2010-11 for all eligible non-gazetted Railway employees.
The company's 30-person management committee, including chairman and chief executive officer Lloyd Blankfein, chief financial officer David Viniar and leaders of the firm's global and regional divisions, would get bonuses in stocks, which cannot be sold for five years.
The Wall Street Journal said the move, which is being closely watched, may be followed by other players at Wall Street. After months of internal debate at Goldman, the paper said the seven top executives at the firm, including chief executive officer Lloyd Blankfein, asked the board's compensation committee to grant them no bonuses.
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