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Record Date Alert: 15 companies set to see corporate actions for dividend, bonus this week
More than 15 stocks, including multiple Nifty 50 constituents, such as Titan, Hindalco, JSW Steel, and Sun Pharma are set to see record dates for their respective corporate actions announced earlier, alongside their fourth quarter results. While most of these corporate actions pertain to final dividend announcements, some also include bonus issue awards as well.
Bhutani Group gets NCLT approval to take over Noida's Entertainment City
NCLT has cleared the Bhutani Group's acquisition of Entertainment City, which includes The Great India Place and Worlds of Wonder. The group plans a Rs 10,000 crore investment to transform the Noida site into a major entertainment hub. This NCLT order resolves a long-standing dispute, allowing Bhutani Infra to proceed with developing the 147-acre project, which also features vacant land for future expansion.
Maya Tata set to take charge of Westside's digital growth, speed up global expansion
Maya Tata is set to spearhead Westside's e-commerce marketing as the fashion retailer gears up for aggressive global expansion. Leveraging her digital expertise, she will drive online growth for the brand, which is also rapidly increasing its store count domestically. This strategic move aligns with Trent's ambition to build Indian brands with international appeal, as evidenced by Westside's recent foray into the UAE.
German car parts co Webasto plans to take local unit public
German auto parts giant Webasto is eyeing a $400-500 million IPO for its Indian unit by 2027, aiming to capitalize on India's booming car market, especially for sunroofs. The company, which supplies major automakers, is expanding its manufacturing capacity with a new facility in Haryana. Webasto Roofsystems India saw significant revenue and profit growth in FY25, reflecting strong market demand and strategic investments.
Is enforcement of banking regulations ownership neutral?
Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout, wiping out a quarter of its projected profit, raises serious questions about the bank's governance and disclosure practices. The settlement, reached without admitting fault, highlights a perceived leniency in regulatory oversight for state-owned banks compared to private institutions, prompting calls for more equitable enforcement.
Is enforcement of banking regulations ownership neutral?
Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout, wiping out a quarter of its projected profit, raises serious questions about the bank's governance and disclosure practices. The settlement, reached without admitting fault, highlights a perceived leniency in regulatory oversight for state-owned banks compared to private institutions, prompting calls for more equitable enforcement.
Akasa Air plans to operate flights under UDAN scheme, says CEO Vinay Dube
Akasa Air is set to join the UDAN regional connectivity scheme, with CEO Vinay Dube confirming a steady influx of Boeing 737 MAX aircraft. The airline plans significant capacity growth, aiming for 30% this fiscal year and 30-40% over the next 4-5 years. Despite industry-wide delivery challenges, Akasa Air's fleet expansion remains on track, with a strategic focus on a single aircraft type and class.
Beyond Probiotics: Better Gut Health Starts With Your Nervous System, Says Nutritionist — Here's Why
Probiotics and fibre remain valuable for digestive health, but they work best alongside healthy lifestyle habits.
OPEC+ tipped to raise quotas again as Middle East calms
Seven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from disruptions caused by the Middle East war. Analysts predict a gradual return to normal output levels, though restarting shut-in production will take time.
Death in a vial: Five cases lay bare many uncomfortable truths about Indian healthcare
Five young mothers in Kota died after childbirth, with suspicion falling on oxytocin injections. Investigations revealed the vials contained only water, not the active ingredient. The manufacturer, Jackson Laboratories, has had stop-production orders earlier as well. This incident has put focus on critical failures in drug regulation and raises serious concerns about patient safety.
Continental sells ContiTech to Lone Star Funds for €4 bln By Investing.com - Investing.com India
Continental sells ContiTech to Lone Star Funds for €4 bln By Investing.comInvesting.com India
WhiteOak’s Prashant Khemka stays bullish on healthcare, small NBFCs and manufacturing-led growth
WhiteOak Capital Group Founder Prashant Khemka remains positive on healthcare, citing strong opportunities across pharmaceuticals, hospitals and diagnostics due to the sector's diverse listed companies.