No adverse long-term impact of code for gig workers, in talks with Govt: Eternal tells shareholders

Food delivery and quick-trading platform Eternal said in a statement on Saturday that the financial impact of the new social security law, which came into effect on Friday, will not harm the company’s long-term prospects. The Deepinder Goyal-founded company added that the exact financial and operational implications will only be known once the rules are […]

Coforge and Laurus Labs are among the seven stocks that will go ex-dividend on Friday. Last day to purchase

Today, October 30, is the last trading day for investors to purchase shares of several companies, including Coforge and Laurus Labs, to qualify for their upcoming dividend payments. The ex-dividend date of these companies falls on October 31, meaning shareholders of record as of today are eligible to receive the announced interim dividends. Coforge has […]

Tata Motors split: CV arm awaits debut; listing date, price and what’s next for 67 lakh shareholders

The dust has barely settled on the long-awaited demerger of Tata Motors, but investors are now waiting for the next big milestone: the separate listing of the company’s commercial vehicles business. At an implied value of around Rs 260.75 per share, the truck-and-bus unit owns a significant chunk of shareholder wealth that remains temporarily out […]

Shareholders of Indusind Bank block the bid of the promoters to appoint 2 drivers

Mozes Harding, President and CEO of Indusind International Holdings, the promoter of Indusind Bank said that the resolution to appoint two candidate directors in the bank council was an eye on appropriate laws and governance. | Photocredit: Anushree Fadnavis Shareholders of Indusind Bank have rejected a resolution with which its promoters can appoint two candidate […]