Stocks such as ITC and Cochin Shipyard will be in focus next week as they approach their record dates for corporate actions including dividends, bonus shares, and stock splits. The record date serves as a cut-off date when companies determine which shareholders qualify for corporate benefits. For shareholders to be eligible for buybacks, bonus issues, … Read more
Infosys, NTPC and Hindustan Unilever were among the top large-cap stocks fancied by mutual funds in April, while reducing positions in SBI, Axis Bank and ICICI Bank. Overall, in the reporting month, mutual funds sold stocks worth Rs 5,100 crore while FIIs bought Rs 12,400 worth stocks in the secondary market, according to a report … Read more
CMS Info Systems’ President and CFO Pankaj Khandelwal says they are monitoring the potential of CBDC. “We believe that its potential and impact would be more in the wholesale/institutional segment than the retail sector. Large enterprises and business houses can take advantage of CBDC for their treasury management and cross-border payment settlements as it provides … Read more