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Rs 270 interim dividend: Stock to trade ex-date soon, last change to be eligible for corporate action
06
May
By The Press Editor
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Business

Rs 270 interim dividend: Stock to trade ex-date soon, last change to be eligible for corporate action

Mumbai: Shares of Oracle Financial Services Software are in focus as they will trade ex-date for the interim dividend soon. According to the information shared, the board of directors of the company has declared an interim dividend of Rs 270 per equity share of face value of Rs 5 each for the financial year 2025-26. Earlier, the company had announced an interim dividend of Rs 130 for the ex-date of November 3, 2025. It must be noted that investors must hold the stock on or before the ex-date to be eligible for a corporate action. Oracle Financial Services Software Dividend…
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Idea Share Price: Vodafone Ideas surges 5% after Kumar Mangalam Birla takes charge as non-executive chairman
06
May
By The Press Editor
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Business

Idea Share Price: Vodafone Ideas surges 5% after Kumar Mangalam Birla takes charge as non-executive chairman

Mumbai: Shares of Vodafone Idea are in action on May 6, 2026, after Aditya Birla group Chairman Kumar Mangalam took charge as the new non-executive chairman of the debt-ridden firm. In morning trade, the company's stock rose 5.37 per cent to reach Rs 11.38 on both BSE and NSE. At the time of writing the report, the stock was trading at Rs 11.28, up 4.44 per centย on the BSE. The market cap of the company stood at Rs 1,22,210.94 crore. Similarly, the company's share price was trading at Rs 11.25, up 4.17 per cent on the BSE Sensex.ย ย  Mangalam to…
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Bagmane Prime Office REIT IPO is open for subscription, check GMP and other details
06
May
By The Press Editor
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Business

Bagmane Prime Office REIT IPO is open for subscription, check GMP and other details

Mumbai: The initial public offering (IPO) of Blackstone-backed Bagmane Prime Office REIT has received a decent response from investors and has seen a 71 per cent subscription so far. According to the data available on the National Stock Exchange (NSE), the IPO received bids for 10,55,39,250 units against 14,79,21,000 units on offer. The category for other investors fetched 74 per cent subscription, while the portion for institutional investors got subscribed 69 per cent. Ahead of the public issue, the company secured about Rs 1,150 crore from anchor investors. The three-day subscription window for the Rs 3,405-crore public issue, which opened…
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Gold gains Rs 2.2k per 10 grams on MCX, silver jumps 3% on easing crude oil prices | Check city-wise rates
06
May
By The Press Editor
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Business

Gold gains Rs 2.2k per 10 grams on MCX, silver jumps 3% on easing crude oil prices | Check city-wise rates

Mumbai: Rates of precious metals in futures inched higher on Wednesday, May 6, 2026, following a drop in crude oil prices after US President Donald Trump claimed progress in negotiations with Iran toward an agreement to end the war. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 2,247 or 1.5 per cent at Rs 1,52,000 per 10 grams against the previous close of Rs 1,49,753. It gained further to touch an intraday high of Rs 1,52,182, a jump of Rs 2,429 or 1.62 per cent. Last seen, it was trading at…
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Market Opening Bell: Sensex surges over 400 points, Nifty above 24,150 as oil prices ease
06
May
By The Press Editor
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Business

Market Opening Bell: Sensex surges over 400 points, Nifty above 24,150 as oil prices ease

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened gap up on Wednesday, May 6, 2026, amid strong global cues as oil prices eased after President Donald Trump raised hopes of an agreement between the US and Iran after days of escalation. While the 30-share BSE Sensex surged 406.57 points or 0.52 per cent to start the session at 77,424.36, the Nifty added 138.2 points to open at 24,171. In the last trading session, the Sensex closed at 77,017.79 and the Nifty 50 at 24,032.80. Similarly, the broader indices traded in the green in the opening session. While the…
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Smallcap stock in focus after company secures order from Chhattisgarh Environment Conservation Board
05
May
By The Press Editor
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Business

Smallcap stock in focus after company secures order from Chhattisgarh Environment Conservation Board

Mumbai: Shares of smallcap company MIC Electronics are in focus as the company has informed exchanges about the receipt of a Letter of Acceptance (LoA) for a domestic project in Chhattisgarh. According to the information shared, the contract has been awarded by the Chhattisgarh Environment Conservation Board. The contract focuses on the Central Environmental Laboratory, and the company will be responsible for the design and maintenance of the services for the installed infrastructure. The project is valued at Rs 3.78 crore and is scheduled to be executed over a period of 12 months.ย  MIC share price The stock started the…
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What will define real estate investments in FY27 – stability, scale, or strategy?
05
May
By The Press Editor
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Business

What will define real estate investments in FY27 – stability, scale, or strategy?

New Delhi: It is no longer about entry timing. The more telling question is what kind of asset one is entering into. FY27 opens with that quiet shift already underway. What looked like a broad-based recovery two years ago is now fragmenting into narrower, more deliberate choices. Capital is still abundant, but it is not moving uniformly. It is selecting, sometimes cautiously, sometimes at scale, and occasionally with a level of precision that was missing in the previous upcycle. Ready-to-move-in assetsย becoming investor preferenceย  For instance, a completed inventory is preferred. In a market where holding costs are rising, the appeal…
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660% dividend stock: Mahindra & Mahindra announces final dividend, check record date and other details
05
May
By The Press Editor
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Business

660% dividend stock: Mahindra & Mahindra announces final dividend, check record date and other details

New Delhi: The country's leading automobile company, Mahindra & Mahindra, has announced its quarterly results for the fourth quarter of the FY26. In an exchange filing, the automobile company said that its consolidated net profit increased 42 per cent year-on-year (YoY) to Rs 4,668 crore in the quarter under review as compared to Rs 3,295 crore in the corresponding quarter a year ago. Its consolidated revenue for the quarter grew 29 per cent on-year to Rs 54,982 crore from Rs 42,599 crore a year earlier. Mahindra & Mahindra Dividend Amount In recognition of the strong performance of the domestic automobile…
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International collaborations fuel NCR’s Rs 1.53 lakh crore housing surge – All you need to know
05
May
By The Press Editor
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Business

International collaborations fuel NCR’s Rs 1.53 lakh crore housing surge – All you need to know

New Delhi: The subtle shift in Indiaโ€™s luxury real estate market is no longer about the size of the bedroom. It is about who designed the lobby. In the National Capital Region (NCR), where a slowing volume of sales has paradoxically pushed values higher, developers are quietly retiring the old playbook of marble flooring and replacing it with something more intangible - global architectural credibility. According to data from Anarock, while housing sales volumes stagnated, the total sales value in NCR breached Rs 1.53 lakh crore in 2024, driven by a 23 per cent price rise, the highest in India.…
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