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.
FROM PAGE 1

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.

This story is from the January 01, 2025 edition of Mint Kolkata.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 01, 2025 edition of Mint Kolkata.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT KOLKATAView All
Mint Kolkata

PVR INOX Launches App Feature for Curated Movie Experience

Buoyed by strong consumer response to re-released films, cinema chain PVR INOX Ltd on Monday introduced a feature allowing movie lovers to create or join customised shows at their preferred cinemas.

time-read
1 min  |
January 21, 2025
Mint Kolkata

NRIs: TDS compliance for share buybacks

Does this payment fall under the LRS, and what TCS/TDS applies?

time-read
1 min  |
January 21, 2025
Mint Kolkata

CCI's Meta order revives questions on regulatory jurisdiction

As per the CCI order, Meta has time till mid-Feb to comply with its directions on specific data-related practice

time-read
2 mins  |
January 21, 2025
Mint Kolkata

Sebi Mulls Change in Cut-Off Timings

The Securities and Exchange Board of India (Sebi) on Monday proposed a change in cut-off timings to determine the net asset value (NAV) with respect to repurchase or redemptions of units in overnight schemes of mutual funds from 3 pm to 7 pm.

time-read
1 min  |
January 21, 2025
Mint Kolkata

Does India's Fiscal Profile Need A Facelift?

The role of fiscal policy becomes more crucial in the current cyclical slowdown

time-read
3 mins  |
January 21, 2025
Mint Kolkata

Govt mulls including MSMEs in PM internship scheme

MSMEs employ over 247 million people, accounting for over a third of Indian employees.

time-read
2 mins  |
January 21, 2025
Mint Kolkata

China both hopeful and on edge over Trump's return

When Donald Trump was last president, he heaped tariffs on more than $300 billion of Chinese imports

time-read
2 mins  |
January 21, 2025
Mint Kolkata

PE Firms Urge Sebi to Reconsider Co-Investor Exit Rules

Co-investors seek additional exposure to a particular investment made by an AIF

time-read
1 min  |
January 21, 2025
Mint Kolkata

Multiples eyes $400 mn for continuation fund

The PE firm seeks to raise the money to remain invested in 3 portfolio cos

time-read
2 mins  |
January 21, 2025
Mint Kolkata

Adecco Announces Expansion of GCC

Adecco India, a subsidiary of the global Fortune 500 company Adecco Group, has announced the expansion of its global capability centre (GCC) in Bengaluru, with a blueprint to grow its workforce to 2,500-plus by the year end.

time-read
1 min  |
January 21, 2025