bonus share issues boom in show of corporate strength
Bonus shares refer to additional shares that a company distributes to its existing shareholders at no extra cost. These bonus shares enhance liquidity, reduce the per-share value of a stock, and foster greater participation from retail investors, according to market participants. Key Points
Economic TimesProductivity-linked bonus announced for employees of Indian Army: Eligibility, bonus calculation and more
The Ministry of Defence mentioned in an order the eligibility, calculation of bonus, and other rules for the productivity-linked bonus. The entitlement has been worked out on the basis of the working results for the year 2022-2023 in accordance with the agreed formula, the ministry said. Read here to find out Key Points
Economic Timesbonus shares 2023: These three stocks to trade ex-bonus next week. Details here
35 companies have announced bonus share issues in 2023. Roto Pumps, Kansai Nerolac, and Bhansali Engg are among the companies issuing bonus shares. Key Points
mintDdev Plastiks to Reward Shareholders with bonus Shares. Stock to Trade Ex-Bonus Next Week
Ddev Plastiks Industries to trade ex-bonus next week after announcing a bonus issue of 1:10. The bonus shares will be issued on July 8, 2023. Key Points
mintKotak Life insurance policyholders to get Rs 840 crore as participating bonus
Kotak Life's bonus for fiscal 2023 is 24% higher than what was paid for FY22 and marks 22nd consecutive year of bonus payment to policyholders. Cash bonuses or special one-off bonuses will also be paid out on specific policy events as per policy conditions, the insurer said. Key Points
Economic Times
IndiGo announces 3% bonus to crew after record profit
IndiGo has announced to pay a bonus of 3% of salary to its crew after the airline recorded a profit in the January-March quarter. The bonus which was a tradition at IndiGo was stopped since FY20 due to the pandemic's impact on its business. However, due to the airline's strong performance in the past two quarters, IndiGo has decided to reinstate the bonus. Key Points
Economic TimesBajaj Allianz Life declares bonus worth Rs 1,201 crore in FY23
Bajaj Allianz Life has declared a bonus of Rs 1,201 crore for the financial year 2022-23, marking the 22nd consecutive year of bonus payment to eligible and participating policyholders. This bonus includes a regular reversionary bonus of Rs 872 crore and a terminal and cash bonus of Rs 329 crore. Out of its 3.5 million policyholders, 11.43 lakh participating policyholders will benefit from the announcement. Key Points
Economic TimesWoman claims she got baked potato as Christmas bonus, says it is taxable
“My work is doing a potato bar as our Christmas bonus. I'm literally getting a hospital potato as a bonus," a woman wrote on X. | Trending Key Points
Hindustan TimesAirline made over $1.62bn in 22/23, gives staff eight months' salary as bonus
The airlines reported net income of S$2.16 billion ($1.62 billion) for the year ended March 31, and said forward sales are healthy across all cabin classes. Key Points
Hindustan TimesMultibagger stock gains 108% in 1 month, 1:1 bonus issue and dividend declared
With a market valuation of ₹248.01 Cr, Nettlinx Ltd. is a small-cap company with operations in the telecom industry. Key Points
mint
5 smart ways to use your bonus
Start by asking yourself a few basic questions. The answers will help you decide how you should spend that money. Key Points
Economic TimesPower Grid Q1 Results: Profit falls 5% YoY to Rs 3,597 cr; co announces 1:3 bonus issue
The proposed bonus issue is subject to approval of the shareholders of the company in the ensuing annual general meeting. The estimated date by which bonus shares will be credited is September 25. The Board has also approved raising of funds up to Rs 12,000 crore from the domestic market through bonds under private placement during FY25 in one or more tranches. Key Points
Economic TimesInfosys employees to get Q2 performance bonus in November, but there is a catch
Infosys employees are set to receive an average 80 per cent variable pay as Q2FY24 performance bonus. However, not all employees will be eligible for the payout. Key Points
India TodayGujarat defines a dividend formula, state PSUs surge
The policy is favourable for the shareholders, especially the minority ones, said Nilesh Shah, managing director, Kotak Mahindra AMC. It gives predictability and clarity to shareholders on how a company will distribute dividends or issue bonus shares. Key Points
Economic TimesCincinnati Bengals and Orlando Brown: One of the biggest deals of NFL has been signed
Orlando Brown Jr. signed one of the greatest deals with The Cincinnati Bengals worth $64.09 million and a bonus of $31 million. Key Points
Economic Times
bonus content alert: My Teen Romantic Comedy SNAFU Climax game comes with OVA
Fans of the popular light novel series, My Youth Romantic Comedy Is Wrong, As I Expected, are in for a treat as MAGES. has released a second promotional video for the new original video anime (OVA) that will be bundled with Yahari Game Demo Ore no Seishun Love Come wa Machigatteiru. Kan Key Points
Hindustan TimesCM Arvind Kejriwal announces Rs 7,000 bonus for Delhi govt employees ahead of Diwali
Kejriwal acknowledged the critical role employees of the Delhi government play in public services. ‘Currently, around 80,000 Group B non-gazetted and Group C employees are working with Delhi Govt. A total of Rs 56 crores will be spent to provide this bonus,’ he added Key Points
Business TodayLooking for an iPhone 14? Here's how you can get a discount of up to ₹21,000
The price of iPhone 14’s 512 GB variant is Rs. 1,09,900. However, with Maple's exclusive discount, customers can now get flat Rs.11,000 off along with HDFC cashback of Rs. 4,000 and an exchange bonus of Rs. 6,000, making it a whopping discount of Rs. 21,000. Key Points
mintApple's Maple offers iPhone 14 with a discount up to ₹21,000. Here's how the deal works
The price of iPhone 14’s 512 GB variant is Rs. 1,09,900. However, with Maple's exclusive discount, customers can now get flat Rs.11,000 off along with HDFC cashback of Rs. 4,000 and an exchange bonus of Rs. 6,000, making it a whopping discount of Rs. 21,000. Key Points
mintDog’s ‘brutally honest’ performance review of pet mom will leave you in splits
“Omg - I laughed so hard. Thank you,” wrote an Instagram user while reacting to a video of a dog named Nala and her pet mom. | Trending Key Points
Hindustan Times
Infosys to pay 80 per cent performance bonus to some employees, here is who is eligible
Infosys will be paying 80 per cent performance bonus to selected employees. Read on to know who will be eligible. Key Points
India TodayStocks to watch: These trending stocks will be in focus on Friday
Major equity indices retreated from record highs, with trading becoming volatile due to the expiry of NSE's weekly index options. IT and real estate stocks rose, while PSU banks and media stocks fell. Global equities climbed as US consumer inflation data came in lower than expected. Key Points
mintAfter gaining over 560% in 1 year, multibagger stock sets record date for 2:3 bonus issue
Small-cap firm Sprayking Agro Equipment Ltd has a market valuation of ₹93.21 Cr at today's close. Key Points
mintMeta’s gender pay gap: Report shows women were paid 15.7% less than men in 2022
In Ireland, women working across Meta were paid 15.7% less than men in 2022. However, the difference in bonus pay in Ireland was higher, with the average bonus for women being 43.3% lower than men. Key Points
mintCorporate actions this week: Cochin Shipyard, Coal India, ONGC to go ex-dividend, Avantel ex-bonus and mor
Shares of Shaily Engineering (Rs 10 to Rs 2) on Thursday, November 23, while Ravalgaon Sugar Farm ( Rs 50 to Rs 10) on Friday, November 24, will ex-split. A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in Demat accounts and the stock price will be adjusted according to the split ratio. Key Points
Economic Times
Claiming no-claim bonus on new car insurance; here’s how you can do it
Financial Literacy News: Learn how to claim your no-claim bonus on new car insurance and save money. Follow this simple guide to transfer your NCB from your previous policy to your new one. Key Points
Times Of IndiaCorporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and mor
There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank's rights issue's ex-date is fixed this week. Key Points
Economic Times40% OFF Foot Locker Coupons & Promo Codes Jan 2024
Find all of the best Foot Locker coupons live NOW on Insider Coupons. Free shipping, gift cards, and more. 18 live offers, hand-tested today! Key Points
InsiderMG Motor offering huge discounts on Comet EV and ZS EV SUV
The discount list for December 2023 covers MG's entire car and SUV lineup, including the Comet EV and ZS EV SUV. Potential buyers can take advantage of these discounts until December 31, 2023. Key Points
Economic TimesFresenius cancels 2023 dividend, bonuses to retain state aid
German healthcare group Fresenius (FREG.DE) said on Tuesday it would not be allowed to make dividend and management bonus payments for 2023 because it decided to keep state aid it received to reduce high energy costs at its hospitals business. Key Points
Reuters
40% OFF Foot Locker Coupons & Promo Codes Dec 2023
Find all of the best Foot Locker coupons live NOW on Insider Coupons. Free shipping, gift cards, and more. 21 live offers, hand-tested today! Key Points
Insider40% OFF Foot Locker Coupons & Promo Codes Nov 2023
Find all of the best Foot Locker coupons live NOW on Insider Coupons. Free shipping, gift cards, and more. 23 live offers, hand-tested today! Key Points
InsiderFresenius to assess whether state aid impacts bonus, dividend payouts
German healthcare group Fresenius (FREG.DE) said it was examining whether the state aid it received to help offset high energy costs at its hospitals business would bar it from making management bonus and dividend payments. Key Points
Reutersbonus and dividend next week: M&M Financial , Cipla to go ex-dividend, Aptech, Roto Pumps, ex-bonus
This week on NSE and BSE, there will be bonus shares and dividend stocks. Companies like Thangamayil, Aptech, and M&M Financial will be giving out bonuses and dividends. Key Points
mintTaiwan shipping firms set to hand out bumper bonuses again
Shipping firms have enjoyed a windfall over the past two years on an industry-wide surge in demand for consumer goods and freight rates during Covid. But thats waning, with economic uncertainty driving a slump in global shipping. Key Points
Economic Times
Mukesh Upadhyay takes over as Zonal Manager of BoM
Mukesh Upadhyay has taken over as Zonal Manager of Bank of Maharashtra (BoM), Chandigarh Zone. The Chandigarh Zone looks after UT Chandigarh, Haryana and Himachal Pradesh. Key Points
The Tribune IndiaGujarat Titans! State PSUs rally up to 17% on new payout policy
Gujarat state public sector undertakings (PSUs) shares surged up to 17% after the state government implemented a new policy regarding minimum levels of dividend distribution and bonus shares, with the aim of adding to the valuation of Gujarat's PSUs. The state government has made it mandatory that a minimum 30% of profit after tax or 5% of net worth, whichever is higher, must be declared as a minimum level of dividend; this policy aims to bring further clarity to minority shareholders and improve governance. Key Points
Economic TimesMultibagger penny stock is up 768% from 52-week-low, Board sets record date for 6:10 bonus share and stock split
Global Capital Markets is a small cap company having a market cap of ₹81.97 Cr and the company deals in the financial services sector as a Non Banking Financial Company (NBFC). Key Points
mintAmazon 5th Gear store 5G smartphones sale: Redmi Note 12 5G, iQoo Z6, more
Interestingly, customers who are upgrading their phones can receive an extra exchange bonus of up to ₹14,000. In addition, purchasers can take advantage of up to 12 months of no-cost EMI on certain smartphones. Key Points
mint