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The company’s board has recommended a dividend of Rs 8.25 per equity share for FY 2024-25. If approved at the upcoming 62nd Annual General Meeting, the dividend will be paid on or after June 21, 2025.

ICICI Securities has upgraded Mahindra Logistics to ADD with a revised target price of Rs 350, down from Rs 360. The upgrade is driven by improved EBITDA performance, particularly with reduced losses at Rivigo and better contract logistics earnings. However, achieving break-even for Rivigo by Q2FY26 may be challenging due to industry pressures and competition.

Our portfolios were positioned in favour of debt/arbitrage or gold since the last few months as the market downturn commenced. But since a few days markets have started showing short-term strength, hence we have increased our equity exposure. The pro-active nature of our funds and various hedging tools enable us to tweak our portfolios very efficiently on a daily basis.

The current tariff war is making it difficult to gauge the direction of the dollar. Returns of NRI’s who have been investing in US Stock Markets and Real Estate markets in USA will be affected due to slowdown in US Growth due to tariffs.

Drawing on his extensive experience, he reveals how sector selection—especially during periods of global uncertainty—can make a significant difference in building long-term wealth.

LTIMindtree Q4 results: In constant currency terms, revenue grew 6% year-on-year in Q4, matching the 6% increase in dollar revenue. However, operating metrics saw a slight dip—EBIT margins narrowed to 13.8% from 14.7% a year earlier, while gross margins slipped to 27.9% from 29.8%.

Vedanta Ltd is in focus as parent Vedanta Resources considers a U.S. IPO for its Zambian unit, Konkola Copper Mines, aiming to raise $1 billion for expansion. With copper output recovery underway post-legal battles and plans to boost annual production, the move aligns with the group’s global restructuring and strategic financing plans.

Krishnan Ramachandran s reappointment as CEO and MD of Niva Bupa Health Insurance has been approved by the IRDAI for a five-year term, starting May 1, 2025. With over two decades of experience in health insurance and healthcare, Ramachandran previously held leadership roles at Deloitte Consulting L.P., Arthur Andersen and Apollo DKV Insurance.

Adani Green Energy is in focus after its subsidiary signed a PPA with Uttar Pradesh Power Corporation to supply 1,250 MW of pumped hydro storage capacity. This adds to its recent clean energy wins, including a 400 MW solar deal. In FY25, energy sales rose 28%, and capacity hit 14.2 GW, despite the stock declining over the year.