Infosys promoters get Rs 2.3k crore dividend

BENGALURU/MUMBAI: Infosys promoters hold 54.2 crore shares (14.6% of total company shares), a stake so significant that the company’s latest dividend payout at Rs 43 per share translated into Rs 2,330 crore, shared among them. Infosys announced a total dividend of Rs 43 per share, including an interim dividend of Rs 21 per share for…

Read More

‘Trump and Xi likely to speak this week,’ White House official says amid Tariff Turbulence

US President Donald Trump with China’s counterpart Xi Jinping (File Image) US President Donald Trump and China’s counterpart Xi Jinping are likely to speak this week, White House press secretary Karoline Leavitt said on Monday, following the tension that flared between the two economic powerhouses over breaching tariff and trade restriction agreements.Responding to the reporter’s…

Read More

IndiGo doubles wide-body aircraft order

NEW DELHI: IndiGo doubled its wide body aircraft order by confirming the option for 30 wide body Airbus A350s. Now the airline has 60 A350s on firm order and has an option for 40 more. “We have signed the MoU with Airbus for confirming the option for 30 A350s. Their delivery starts in 2027,” airline…

Read More

Adani group denies WSJ report as ‘baseless’

NEW DELHI: The Adani group has denied the Wall Street Journal report, alleging links between its entities and Iranian LPG as “baseless and mischievous”.“Further, we are not aware of any investigation by US authorities on this subject. The WSJ’s story appears to be based entirely on incorrect assumptions and speculation. Any suggestion that Adani group…

Read More