Top Headlines: HDFC Bank Recommends 1900% Dividend, Sec 144 Imposed In UP

HDFC Bank on Saturday recommended a 1,900 per cent dividend, or $19 per equity share, from the FY23 fiscal year's profits, according to the bank's regulatory filing.

This dividend is 22.58 per cent higher than it was in the prior fiscal year. To establish whether stockholders are eligible, the lender has set a record date for the following month.

Section 144 imposed in all UP districts after Atiq Ahmed, brother shot dead

Uttar Pradesh Government on Sunday imposed Section 144 of CrPC in all the districts, in the aftermath of Atiq Ahmed, Ashraf Ahmed being shot dead in Prayagraj, officials informed.

As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business.

In a letter to company shareholders, Amazon CEO Andy Jassy said that they reprioritised where to spend resources, which ultimately led to the hard decision to eliminate 27,000 corporate roles. 

Bitcoin surged past $30,000. Is another crypto boom on the way?

When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund. 

The Delhi Police has tightened security outside the CBI headquarters here as Chief Minister Arvind Kejriwal is set to appear before it on Sunday in connection with the excise policy case, officials said.

Over 1,000 security personnel, including from paramilitary forces, have been deployed outside the CBI headquarters and section 144 of the CrPC has also been imposed in the area to ensure no gathering of more than four persons takes place, they said.