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News
Dividend
Dividend News
Amit Shah
23 Aug 2024
Union Home Minister Amit Shah Receives Rs 19.08 Crore Dividend From Repco Bank
The cheque of Rs.19.08 crore towards dividend @ 25% on the share capital of 76.32 crore held by Government of India for the Financial Year 2023-24 was handed over.
Nirmala Sitharaman
15 Sep 2023
FM Nirmala Sitharaman Receives Dividend Cheque Of Rs 1,831.08 Crore From LIC
The Dividend cheque was presented to FM Sitharaman by LIC Chairman Siddhartha Mohanty on September 14.
DIPAM
26 Oct 2022
Govt receives dividends worth Rs 361 cr from PSUs
Secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey tweeted the details on his official Twitter account.
HDFC Bank
24 Apr 2022
Explained: Here’s what HDFC Bank’s 1550% dividend means for shareholders
The bank's board at its meeting has recommended a dividend of Rs 15.50 per equity share. Shareholders will receive 15.50 as a dividend for each share they own.
Infosys
30 Aug 2017
Infosys founders taking part in buyback not to send wrong signal: Balakrishnan
Infosys founders participating in the Rs 13,000 crore buyback offer does not give any wrong signal to shareholders, the IT giant's former CFO V Balakrishnan has said.
Reliance Industries
26 Jun 2017
RIL to seek shareholders' approval to raise Rs 25,000 crore
Reliance Industries on Monday said that it will seek shareholder`s approval to issue redeemable non-convertible debentures on private placement basis to raise Rs 25,000 crore.
PSU banks
20 Nov 2016
16 of 22 PSU banks skip paying dividend in FY16 on increasing NPAs
Saddled with mounting bad loans, as many as 16 public sector banks, including PNB, BoB and Canara Bank, skipped paying dividend in 2015-16, leading to three-fold decline in government receipts to Rs 1,444.6 crore.
Tax
07 Oct 2015
Govt may seek special dividend from top PSUs to meet tax deficit
Companies like Coal India Ltd, NTPC, ONGC, GAIL, IOC etc may be asked to pay special dividend if government decides so.
ING
11 Feb 2015
Dutch ING declares first dividend since 2008 crisis
Leading Dutch bank ING said Wednesday it planned paying a dividend for the first time since getting a state bailout in 2008, despite posting a 64 percent drop in net profit for 2014.
Mutual Fund
13 Jan 2015
MFs asked to stop dividend re-investments in tax-saving scheme
Mutual fund houses have been asked not to reinvest dividend amounts under their respective 'Equity Linked Saving Scheme (ELSS)' products.
NTPC
09 Sep 2014
NTPC pays Rs 4,742 cr dividend for 2013-14
Country's largest thermal power producer NTPC has paid a dividend of Rs 4,741.16 crore to the government for the financial year 2013-14.
Indian Bank
30 Jun 2014
Indian Bank declares 47% dividend for 2013-14
Shareholders of public sector Indian Bank have approved final dividend of 47 percent for the year ending March 31, 2014.
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