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Oncology, biopharma growth drive FY26 performance; board recommends ₹36/share dividend

BP removed chairman Albert Manifold with immediate effect over governance oversight and conduct concerns, triggering a sharp fall in the energy major’s shares and prompting the appointment of an interim chairman.

JK Tyre & Industries reported an 80.2% year-on-year rise in consolidated net profit for the fourth quarter of FY26 at ₹178 crore, compared to ₹99 crore in the year-ago period, aided by strong volume growth, improved product mix and cost…

Shares of Bayer CropScience Ltd ended at ₹4,511.95, up by ₹138.50, or 3.17%, on the BSE.

The board recommended a final dividend of ₹45 per equity share for FY26. Including the interim and special dividend declared earlier in the year, the total dividend payout for FY26 stands at ₹205 per share. Shares of the company ended…

Siemens reported a 36% decline in quarterly profit despite strong revenue growth, as commodity inflation and rupee depreciation weighed on margins, while the company announced a ₹18 dividend and approved a subsidiary merger.

Redtape’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) more than doubled, standing at ₹111.4 crore for the quarter, compared with ₹45.1 crore a year ago, while EBITDA margin expanded to 16.5% from 9%.

India’s Margin Trading Facility Book (MTF) has increased significantly to ₹1.23 lakh crore as of May 22, from just under ₹1.05 lakh crore at the end of March, according to data available on the National Stock Exchange. HDFC Bank, Jio…

Union Bank’s board approved plans to raise up to ₹8,000 crore through equity and debt instruments, as the lender looks to strengthen capital buffers despite pressure on core income growth.

Jubilant Ingrevia reported double-digit growth in profit and revenue for the March quarter, recovering from a weak previous quarter, while the board recommended a ₹2.50 per share final dividend.