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ONGC pays over Rs 2,900 cr for 2013-14

ONGC pays over Rs 2,900 cr for 2013-14

ONGC has paid 100 per cent interim dividend for the Year 2013-14. The Sudhir Vasudeva, CMD, ONGC handed over a cheque of Rs 2961,27,32,610 (Rupees two thousand nine hundred sixty one crore twenty seven lakh thirty two thousand six hundred and ten only) to the Petroleum Minister Marepadi Veerappa Moily in Delhi recently towards the Interim Dividend for 2013-14.

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ONGC pays over Rs 2,900 cr for 2013-14

ONGC pays over Rs 2,900 cr for 2013-14

ONGC has paid 100 per cent interim dividend for the Year 2013-14. The Sudhir Vasudeva, CMD, ONGC handed over a cheque of Rs 2961,27,32,610 (Rupees two thousand nine hundred sixty one crore twenty seven lakh thirty two thousand six hundred and ten only) to the Petroleum Minister Marepadi Veerappa Moily in Delhi recently towards the Interim Dividend for 2013-14.

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Cochin Shipyard pays dividend for the 5th year

Cochin Shipyard pays dividend for the 5th year

A dividend of Rs 16.99 crore has been paid by the Cochin Shipyard (CSL) to the Union government on October 23. This is the company's fifth consecutive year paying the dividend. The dividend consists of Rs 1.5 per Equity Share on the 11,32,80,000 fully paid equity shares of Rs 10 each.

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Dredging Corporation announces 20% dividend

Dredging Corporation announces 20% dividend

A 20 per cent dividend has been declared by the Dredging Corporation of India (DCI) for 2012-13. The DCI registered 31 per cent growth in its operational income, which rose from Rs 485 crore to Rs 635 crore, DCI said in a press release.

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Ennore Port presents Rs 40 cr dividend to govt

Ennore Port presents Rs 40 cr dividend to govt

The Union Minister of Shipping GK Vasan was presented with a dividend cheque of Rs 40 crore by the Ennore Port (EPL) for the financial year 2012-13. The Chairman and Managing Director of the EPL MA Bhaskarachar presented the cheque to the Minister at a function in Chennai on September 17.

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RBI to provide Rs 330 bn as dividend to govt

RBI to provide Rs 330 bn as dividend to govt

For the accounting year July-June 2012-13, the Board of Reserve Bank of India agreed to provide Rs 33,010 crore as dividend or surplus profit to the government. Market participants expected a dividend payout of Rs 33,000-35,000 crore. The RBI follows a July to June accounting year. In the previous year, it paid a dividend of Rs 1

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RBI to provide Rs 330 bn as dividend to govt

RBI to provide Rs 330 bn as dividend to govt

For the accounting year July-June 2012-13, the Board of Reserve Bank of India agreed to provide Rs 33,010 crore as dividend or surplus profit to the government. Market participants expected a dividend payout of Rs 33,000-35,000 crore. The RBI follows a July to June accounting year. In the previous year, it paid a dividend of Rs 1

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Govt demands dividend from banks

Govt demands dividend from banks

State-run banks received a directive from the union finance ministry to declare a minimum 20 percent of their capital or net profit, whichever is higher, as dividend for 2012-13. The move by the ministry has not gone down well with these banks, who are already facing strain on their balance sheet owing to the rise in the non performing asse

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MOIL output rises 6.13%

MOIL output rises 6.13%

MOIL, a Miniratna Category-I PSU, produced 8.02 lakh tonne of manganese ore during the year 2012-13 (April to December, 2012), and this is 6.13 percent higher as compared to corresponding period last year. The company achieved a total sales turnover of Rs 700.30 crore during the period. It earned profit before tax

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Govt gets Rs 518 cr dividend from Oil India

Govt gets Rs 518 cr dividend from Oil India

For the financial year 2012-13, the central government received a dividend of Rs 518.65 crore from state-run exploration firm Oil India (OIL). Minister for Petroleum and Natural Gas M Veerappa Moily received the cheque from SK Srivastava, Chairman and Managing Director of OIL towards interim dividend at 110 percent for the financial year, the company said in a state