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Monday Jan 30, 2023

Power trading firm ptc india shareholders approve final dividend of equity share investor detail – Business News India


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The purchase of shares of Power Trading Service Provider company PTC India has increased. On Monday, the shareholders of the company have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend will be in addition to an interim dividend of Rs 2 per share.

In addition to the interim dividend, the final dividend was also approved at the Annual General Meeting (AGM) of the shareholders of PTC India held on December 30, 2022.

Stock rally: The stock of PTC India saw a boom on Tuesday. The share price closed at Rs 86.25 on the second trading day of the week. The stock saw a gain of 1.35% over the previous day. The share price remained at Rs 86.95 during the trading. The market capital of the company is Rs 2,553.07 crore.

What is the company’s plan: On Monday, PTC India Chairman and MD Rajeev K Mishra said – We are also looking for opportunities in emerging areas like green hydrogen, battery energy storage systems in collaboration with global tech companies.

Infosys co-founder Narayana Murthy would reach firm campus early morning know why – Business News India


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Narayan Murthy, the co-founder of the country’s leading IT company Infosys, used to reach the office at 6.20 am. Murthy followed this routine till his retirement in 2011. He told this during an interview with Moneycontrol.

What did Narayan Murthy say: In fact, during the interview, the host mentioned the story of Narayana Murthy’s presence in the Infosys office campus. The host told how Narayan Murthy used to reach office at 7 in the morning. During this, Murthy interrupted and told that he used to be in the company’s campus at 6:20 in the morning. He said- I used to come to office at 6.20 in the morning and stayed till 8-9 in the night. The 76-year-old billionaire Murthy said reaching office on time motivates the youth.

Had to compromise: However, Murthy also admitted that setting up Infosys had to compromise his family’s needs and could not give him time. Infosys co-founder said – I think entrepreneurship can be possible with courage and sacrifice. So, if you want to create something like that it requires a lot of hard work, commitment, a lot of sacrifices.

Explain that Infosys was founded in 1981 by Narayana Murthy and his associates. Last year, it became the fourth Indian company to reach $100 billion in market capitalisation.

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