Vedanta Limited announced a second interim dividend of Rs. 1.85 per equity share for the financial year 2018-2019. The total dividend payout will amount to Rs. 685 crore.

Housing Development Finance Corporation, renowned as India’s biggest mortgage lender, declared an interim dividend of Rs 3.50 for the financial year ended March 31.

The Reserve Bank of India (RBI) levied a fine of Rs. 4 crore on Karnataka Bank for failure to comply with regulatory norms regarding the implementation of four of the SWIFT-related operational controls directed by RBI.

The board of Directors of ABB India Ltd. recommended an interim dividend of Rs. 4.80 per share on 211,908,375 equity shares of face value of Rs. 2 each fully paid up for the year ended December 31, 2018.

NCL Industries Limited notified the exchange about the successful installation of the ready-made doors plant set up at Malkapur (V) near Hyderabad.

The shares of SBI Life Insurance Company experienced substantial volatility during Friday’s trading session as they rebounded 6.5 per cent after initially plunging 12 per cent upon news of a block deal.

Intellect Design Arena Limited (IDAL) bagged a substantial multi-million destiny deal from Emirates NBD. 

The shares of Dewan Housing Finance Corporation Limited (DHFL) plummeted more than 5 per cent this morning after the credit rating agency ICRA downgraded the company’s commercial papers to A2+ from A1+.

NBCC (India) Limited has received new orders for two major projects on PMC basis. The total projected cost of these assignments is approximately Rs. 168 crore.

Jet Airways is likely to receive emergency funding of Rs. 500 crore from State Bank of India (SBI) and Punjab National Bank (PNB) to help the debt-laden company continue its operations.