Dividend bonanza alert! This Pharma stock shares jump 11% after Rs 165 per share payout — biggest in 5 years

In a development that has got Dalal Street abuzz, Pfizer India shares rose 11 per cent on Tuesday, May 20, after the company declared a staggering dividend of Rs 165 per share, its biggest dividend in five years. The dividend announcement was made alongside the company’s March quarter performance when both profitability and margins significantly improved. Dividend…

Nifty Defence Index slips 2% from peak! Paras Defence, HAL, shipyard stocks drag; should you buy now?

Defence stocks saw a steep selloff on Tuesday, May 20, as the Nifty India Defence index fell more than 1.9 per cent intraday to trade at around 8,047.65. This is the second consecutive day of fall, prompted by forceful profit booking after a long record-breaking rally fed by ‘Operation Sindoor ‘-supported sentiment. Leading the correction…

Narayana Schools Shine in CBSE 2025 Exams: Realising the dream of excellence

New Delhi [India], May 19: With excellent CBSE 2025 10th and 12th results, Narayana continues its legacy of excellence, preserving the institution’s top ranking in academia. With an outstanding Class 10 score of 498/500, Narayana’s Spandana AM from Bengaluru (Karnataka), Parth Bansal from Mohali (Punjab), and Trisha Ghosh from Kalyani (West Bengal) have done the whole…

Borana Weaves IPO Day 1: Issue subscribed over 2 times within 80 minutes; retail portion booked 7.95 times

Borana Weaves IPO Day 1: Surat-based textile manufacturer Borana Weaves Limited made a strong debut on Dalal Street as its initial public offering (IPO), which opened for subscription on Monday, May 20, was fully subscribed within hours of the bidding window opening. According to data from the BSE, the issue was subscribed 1.79 times by…

BL Explainer: Why did India withdraw security clearance of Turkiye’s Celebi? 

The Bureau of Civil Aviation Security had on May 15 withdrawn security clearance for Turkiye’s airport ground-handling firm Celebi citing national security concerns. However, the bureau is yet to give details of the concerns. The action was seen as a direct fallout of Turkiye’s support for Pakistan following India’s military action against terrorist infrastructure in…