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Showing posts from June, 2024

Dividend Rs 685: Record date on July 5 – Check company name

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  Dividend Rs 685: The company has said that it would issue a last dividend in fiscal year 2024 as well as a special dividend to its shareholders. The board of company has suggested a final dividend of 1,600 per cent. (Image: Shutterstock/ET NOW News) Dividend Rs 685:  3M India, a diversified technology and scientific firm, plans to pay a dividend to its stockholders. The company has said that it would issue a last dividend in fiscal year 2024 as well as a special dividend to its shareholders. 3M India had already established the ex-date and record date for their future dividend. Rs 525 Special Dividend By 3M India The board of 3M India has suggested a final dividend of 1,600% on each stock worth Rs 10. Furthermore, the board declared a special dividend of 5,250 percent on each share. According to the computations, the 160 percent final dividend translates into a payment of Rs 160, while the 5,250 percent special dividend results in a payout of Rs 525. Overall, 3M India will p...

1:2 Bonus Share, Rs 3.75 Dividend: Multibagger Oil PSU To Go Ex-Bonus In 4-Days, Buy?

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  Oil India Ltd shares will soon trade ex-bonus on July 2, 2024 in the proportion of 1:2 implying shareholders will be eligible to receive 1 bonus share for every 2 shares held as on the record date i.e. July 2. The current market price of Oil India share on BSE is Rs 704.70 per share. The oil exploration PSU has a market capitalisation of Rs 76,418.03 crore. Oil India share offered eye-popping returns of 86% year-to-date and jumped 189% in last 1-year. Oil India on May 20 recommended 1:2 bonus share along with a final dividend of Rs 3.75 per share for FY 2023-24. Oil India is yet to declared record date for dividend. Meanwhile, 3 leading analysts has assigned buy call to Oil India share with highest target price of Rs 775. Check details below: Should You Buy Oil India Shares? Motilal Oswal has recommended buy call to Oil India stock with target price of Rs 775 per share. Sharekhan has also recommended buy call to Oil India shares with target price of Rs 755 per share. ICICI Securi...

FD Interest Rate Hike: Get up to 9.75 percent interest on the money deposited in this bank, check full details

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  FD Hike: North East Small Finance Bank (NESFB) is offering up to 9.25 per cent return on FD for general citizens, while for senior citizens it is offering up to 9.75 per cent interest. FD Interest Rate Hike:  In the month of June, many banks have changed their interest rates on fixed deposits. In this episode, North East Small Finance Bank (NESFB) has also changed the FD rates. NESFB has increased the interest rates on fixed deposits by 0.50 percent, after which it has become the bank giving the highest return on FD in the country. North East Small Finance Bank is offering up to 9.25 percent return on FD for common citizens, while offering up to 9.75 percent interest for senior citizens. Earlier, the bank was giving 8.75 percent interest to its common citizens, while offering interest rates up to 9.25 percent to senior citizens. Paying the highest interest on fixed deposits in the country NESFB said that it is offering 8.75 percent interest on FD of 366-545 days and 9.25 per...

Ayushman Bharat Yojana: Benefits, eligibility criteria and application process; all you need to know

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  Ayushman Bharat Yojana acts as a lifeline for low-income families. It offers cashless hospitalisation coverage of up to ₹5 lakh annually per family. The Indian government launched a program in 2018 called Ayushman Bharat Yojana (ABY) or Pradhan Mantri Jan Arogya Yojana (PMJAY). This program is a giant health insurance plan for the common masses. Ayushman Bharat Yojana can also be a game changer in the insurance field, as after the launch of the scheme that allows  beneficiaries  to enjoy free medical insurance, many private insurance firms are also launching new plans to negate their loss of customers somehow. Ayushman Bharat Yojana: Benefits Ayushman Bharat Yojana acts as a lifeline for low-income families. It offers cashless hospitalisation coverage of up to ₹5 lakh annually per family. This financial shield applies to serious (secondary) and critical (tertiary) care, including various surgeries and illnesses. Whether it’s a knee replacement, heart bypass,  cance...

New Traffic Challan System : Challan will be deducted only through FASTag, smart traffic system will start from July 1

  Intelligent Traffic Management System: With the approval of the Ministry of Road Transport and Highways, work will begin on integrating the toll gate system with Fastag. Intelligent Traffic Management System:  Violation of road safety laws is going to cost you heavily. The South Indian state of Karnataka has decided to launch the Intelligent Traffic Management System. Under this system, the Bengaluru-Mysore road network will be equipped with cameras. The cameras installed here will identify the violators of the laws so that immediate action can be taken against them. The government is trying to issue challans through Fastag. For this, efforts are also being made to connect the toll gates to the Intelligent Traffic Management System. Cameras and speed guns will be installed on Bengaluru-Mysore Expressway Karnataka Police has also distributed 155 laser speed guns including 800 alcometers across the states to check drunk drivers. Alok Kumar, ADGP of Traffic and Road Safety, sai...

Senior Citizens Ticket Concession: Good news for rail passengers, senior citizens will get fare concession after 4 years!

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  Senior Citizens Ticket Concession: Good news for rail passengers, senior citizens will get fare concession after 4 years! IRCTC: In the third term of the Modi government, senior citizens can once again be given a gift regarding railway fares. The government can restart the discount in ticket fares which was stopped during the Covid pandemic. Senior Citizens Ticket Concession:  If there are senior citizens in your family or you yourself fall in this category and often travel by train, then this news is useful for you. Yes, the fare concession stopped by the Railways during the Covid pandemic can be started again by the government. If this happens, then crores of senior citizens will get relief. The concession given by the government in train fare to senior citizens can be restored after four years. If an announcement is made regarding the fare concession, then this will be the biggest gift to senior citizens from the Modi 3.0 government. Fare concession likely to be restored ...

New Telecom Act to come into effect from June 26; maximum 9 SIM cards per person

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  The subscribers will be given the option to choose the connection they want to retain and deactivate the rest of the connections. Photo: Shutterstock/justyle New Delhi: The new provisions in the Telecommunications Act 2023, including restrictions on the number of SIM cards an individual can use at a time, will come into effect on June 26. According to the notification issued by the Central government in this regard, one person can have a maximum of only nine SIM cards in his/her name. Meanwhile, the number is limited to six for residents of Jammu Kashmir and northeast states. Anyone using more than the stipulated number of SIM cards from June 26 could invite a fine of Rs 50,000 to 2 lakh. While the fine would be Rs 50,000 for a first-time breach of the law, the amount would increase to Rs 2 lakh for every repeat violation. If a SIM card is obtained by deceiving someone and using their identification documents, the penalty could be three years of imprisonment, a fine of up to 50 l...

Bank Holidays in July 2024: Banks to Remain Closed for 12 Days

  In July 2024, banks across India will observe 12 holidays due to a combination of national and regional holidays.  24 June, 2024 The Reserve Bank of India (RBI) has released a comprehensive list of bank holidays for the year, considering national and state holidays, cultural or religious observances, operational needs, and government announcements. Online Banking and ATM Services Despite the physical closure of banks, online banking, and ATM services will remain operational throughout these holidays. Customers can perform various banking activities such as fund transfers, bill payments, balance checks, and more through mobile or net banking Bank Holidays In July 2024 In India • July 03, 2024: Banks in Shillong, Meghalaya, remain closed on 3 July 2024 on the occasion of BehDienkhlam. • July 06, 2024: Banks will remain closed in Aizawl on this day on the occasion of MHIP Day. • July 07, 2024: Due to it being Sunday, there will be a holiday in all the banks across the country. ...