Sunday, October 04
India Inc is increasingly investing in measures that make its workforce fitter and healthier, responding to evolving workforce expectations, especially Gen Z and women employees.Some like Deloitte are taking it a notch higher by tracking employee fitness as part of the performance management system. Others, like natural resources and technology conglomerate Vedanta, are introducing digital fitness tracking on a voluntary basis for employees. Accenture has launched “Purple Corridors’ programme for in-depth conversations to identify employee well-being needs. Myntra recently launched a meditation space called ‘Dhyan Kaksha.’ Titan on the other hand, is conducting fitness challenges for employees, like the 21-Day Kummiaatam Dance Challenge at its manufacturing unit, especially for wom
BSE-listed Elitecon International, a smallcap company known for its tobacco-based products, has announced its first-ever stock split to reward shareholders and improve stock liquidity.In an exchange filing dated June 13, the company’s board approved a 10:1 stock split, meaning each share with a face value of Rs 10 will be divided into 10 shares of Re 1 each.Also Read: These 11 Nifty microcap stocks can rally 55-210% in the next 12 monthsThe company has fixed June 25, 2025 (Wednesday) as the record date to determine shareholder eligibility for the split."...fixed Wednesday, June 25, 2025 as the Record date for the purpose of determining the entitlement of Equity Shareholders for Subdivision/split existing Equity shares of the Company from 1 Equity share having face value of Rs 10 each ful
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. According to exchange data, FIIs sold equities worth Rs 4,892 crore in the cash market through June 13, after investing Rs 19,860 crore in May.In sharp contrast, domestic institutional investors (DIIs) have remained consistent buyers, purchasing equities worth Rs 44,144 crore so far in June. Their sustained buying has helped offset FII outflows and provided stability to the markets.“The dominant trend in the market so far in June is the inconsistent activity of FIIs alternating between buying and selling, while DIIs have been consistent buyers every single day,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. “FI
India's household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP in financial year 2024 (FY24), as per CareEdge Ratings. The report added that Gross domestic savings declined to 30.7 per cent of GDP in FY24 from 32.2 per cent in FY15.On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed.It highlights that despite the concerning savings trend, rural India offers a silver lining. Wage growth for rural male workers rose by 6.1 per cent year-on-year in February, outpacing rural inflation for the fourth consecutive month. This, along with easing food inflation and favourable agricultural pro
