Rs 261 Dividend Payout, 1:1 Bonus Issue, Shares Buyback: 18 stocks to go ex-date on May 29 (Image: AI/ET Now) Stocks Turning Ex Date on May 29: Shares of 18 companies, including Bajaj Auto, Life Insurance Corporation of India (LIC) and GlaxoSmithKline Pharmaceuticals, are set to trade ex-date on Thursday, May 29, for corporate actions…
Shares of Datamatics Global Services Ltd. gained up to 3% on Wednesday, May 27, after the company said SBI Life Insurance has appointed it to redefine underwriting operations using Agentic AI-powered automation. Underwriting is a mission-critical function for life insurers, particularly for complex cases that require detailed analysis of medical histories, laboratory reports and multiple…
Tata Consultancy Services Ltd. has entered a strategic partnership with SKF to accelerate AI-led digital transformation across the latter’s global operations. Under the long-term collaboration, TCS will provide end-to-end managed services across applications, infrastructure, data, end-user services, security and connectivity for the industrial manufacturing company globally. In a press release filed with the exchanges, TCS…
Deven Choksey, MD of DRChoksey Finserv, says the Adani Group’s fundamentals remain strong with steady EBITDA compounding and improving fund flow visibility after regulatory overhangs eased. He remains bullish on power infrastructure, EV-led auto growth, luxury real estate and data centre-linked technology companies. Choksey also sees strong long-term opportunities in companies benefiting from India’s energy…
Shares of HFCL Ltd. gained almost 8% on Wednesday, May 27, after the telecom and network infrastructure company secured a purchase order worth around ₹135.09 crore from RailTel Corporation of India Ltd. for the annual maintenance contract (AMC) of a secure operations network used by Indian defence forces. In an exchange filing on Wednesday, May…
Shares of Poly Medicure Ltd. declined 6% on Wednesday, May 27, extending losses for the third straight session, amid concerns over margin pressure and geopolitical disruptions despite a healthy growth outlook. The stock has fallen nearly 15% over the last three trading sessions. The medical devices maker has guided for consolidated FY27 revenue in the…
Shares of Jupiter Wagons Ltd. gained as much as 7% after its subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRWF), signed a long-term supply agreement with Slovakia-based Tatravagonka a.s. on Wednesday, May 27, for the supply of railway wheels, axles and wheelsets to the European market. The company said the agreement positions India on the…
India’s largest oil producer, Oil and Natural Gas Corporation (ONGC), could finally be seeing a turnaround in its production outlook after years of slow growth and declining output from older fields. According to Probal Sen, Oil and Gas Analyst at ICICI Securities, the company’s expanded partnership with the UK’s BP and the ramp-up of key…
India’s quick commerce market still has enough demand to absorb a significant rise in infrastructure, despite concerns around overcrowding in large cities, according to Navin Killa, Head of APAC Telecommunications, Media & Internet at UBS Investment Bank. Speaking on the sidelines of UBS’ Asian Investment Conference 2026 in Hong Kong, Killa said the sector still…
HDFC Bank parking differential interest paid to Maharashtra State Road Development Corporation (MSRDC) under the marketing head is an industry-wide practice, four people with knowledge of the matter told CNBC-TV18. “It is an industry-wide practice. When you pay a differential amount to one depositor, you don’t want to set it as a precedent. So, it…
