Tata Motors has proposed paying a final dividend of Rs 2 per ordinary share and Rs 2.10 per DVR share for the last fiscal year. If approved by shareholders at the AGM in August, this will be Tata's first dividend payout since 2016. The announcement follows Q4 earnings that showed a net profit of Rs 5,408 crore, compared to a loss of Rs 1,033 crore the previous year. The firm attributed this to strong performance across all segments of the automotive business, with Jaguar Land Rover and the Indian business leading the way., Companies News, Times Now
Latest government data estimates April 2023 CPI inflation at 4.7% an 18-month low due to a base effect. March inflation figure was revised lower to 5.6%, bringing the retail inflation within RBI’s comfort zone of 4%(+/-2%) for two consecutive months. , Economy News, Times Now