Cash Heap Spurs Call For Buybacks And Dividends
Mint Kolkata|January 01, 2025
(ROCE) for operating business surpasses returns from cash holdings, Tandon emphasized that distributing the surplus is a logical move. Not doing so, he warned, could drag down overall returns and the company's market valuation.
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ROCE is a financial metric that helps evaluate how much profit a company generates for every rupee of capital invested in its operations. Companies with a higher ROCE are generally valued higher.

Four firms—Honeywell Automation India, Bosch, ZF Commercial Vehicle Control System India, and Abbott India—could pay over ₹500 per share in incremental dividends, according to the report. Notably, these are subsidiaries of multinational corporations.

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Mint Kolkata

True North's Pvt Credit Fund Bets on Vehant Tech

Security and surveillance solution provider Vehant Technologies said Tuesday it has raised $9 million (₹77 crore) in a mezzanine round from the private credit fund of homegrown alternative investment firm True North.

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1 min  |
January 08, 2025
Mint Kolkata

Microsoft to Invest $3 Billion in AI, Cloud Expansion in India

CEO Satya Nadella, however, did not give a time frame for the spending

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2 dak  |
January 08, 2025
Mint Kolkata

Intas Pharma bags another overseas co

Gujarat-based drug-maker Intas Pharmaceuticals Ltd, which counts private equity firm ChrysCapital, Singapore state investment firm Temasek and Abu Dhabi Investment Authority (ADIA) as its investors, has signed a deal to acquire a biologic medication brand from US-based Coherus Biosciences.

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1 min  |
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Mint Kolkata

Indian Employers Hope for Computer Tech, Semicon Edge

Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, the World Economic Forum (WEF) said in a report.

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1 min  |
January 08, 2025
Mint Kolkata

Govt plans many onion stocking centres

The plan being discussed with the ministry of agriculture comes amid a steady dip in the production of onion

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2 dak  |
January 08, 2025
Mint Kolkata

HMPV may be more common than reported in the country

Scientists say there could be more Human Metapneumovirus (HMPV) cases in India than officially acknowledged because the virus is not new and was never notified by the government for reporting by hospitals and the health community.

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1 min  |
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Mint Kolkata

10% Rise in Capex Allocation Likely for Roads, Railways in FY26

Big private investment is likely in BOT roads; railways to continue work on existing projects

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2 dak  |
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Mint Kolkata

Now, tech tools to test cortisol, soothe anxiety

A range of tech tools for mental health will be showcased at CES '25 in Vegas

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2 dak  |
January 07, 2025
Mint Kolkata

This could be the best core exercise you've never done

A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core

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3 dak  |
January 07, 2025
Mint Kolkata

For a balanced life, take the heroine's journey

Living a life not attuned to nature's cycles can affect the body and cause digestive issues as well as mental stress

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4 dak  |
January 07, 2025