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CPSE DIVIDEND REVENUE
Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
"Firm-by-firm" review: CPSE dividend may exceed target by 16%India's finance ministry is conducting a detailed review of the dividend policy for central public sector enterprises (CPSEs), anticipating...
Dividend payout from non-financial CPSEs may hit record Rs 67,000 crThe Central govt is projected to collect a record ₹66,000-67,000 crore in dividends from its non-financial entities this fiscal year, drive...
Finance ministry following a calibrated disinvestment strategyIndia's finance ministry is strategically divesting stakes in public sector enterprises. This has boosted market capitalization by 3.6 time...
Mop up from divestment, asset sale beats FY24 RE of Rs 30,000 croreIn FY24, government's capital receipts surpassed Rs 30,000 crore from disinvestment and asset monetisation. The budget combined targets und...
Government's dividend collection from CPSEs hits record Rs 61,149 croreDividend receipts in the first half of March alone totalled nearly ₹10,000 crore. The revised estimate in the interim budget last month est...
CPSEs told to boost interaction with investors, analystsThe finance ministry has asked central public sector enterprises (CPSEs) to bolster engagement with market participants, including big inve...
Surplus CPSE dividend unlikely to offset disinvestment revenue shortfall in FY24The Indian government may face a disinvestment shortfall in FY24 due to potential delays in the strategic sale of IDBI Bank, possibly spill...
5 high dividend yield stocks to add to your watchlistWith Indian share markets already facing high volatility this year, investors are heavily relying on dividend paying stocks to generate ret...
Long choppy road ahead for meaningful govt divestmentsFirst and most important, ~27% of the average divestment proceeds in FY18-19 was achieved through CPSE to CPSE sale - a transaction where s...
GAIL jumps 3% after utility major declares interim dividendThe dividend payout will be Rs 2,220.19 crore with a record date of March 22.
Govt invites global bids for strategic divestment of PDIL, HLL LifecareThe process of privatisation of BPCL, Pawan Hans, BEML, Shipping Corp of India (SCI), Neelachal Ispat Nigam Ltd and RINL is ongoing.
Revenue constrained govt may push oil PSUs short on FY21 capex to pay higher dividendThe government has asked companies to complete at least 75 per cent of capex till the end of December quarter. But this looks highly unlike...
Faced with revenue worries, Centre may look at PSUs for higher dividendsDividends from non-financial PSUs have been budgeted at Rs 65,747 crore in FY21. Any increase in this amount will give a boost to non-tax r...
Why govt is pushing PSUs to shell out large dividendsThe department has asked all CPSEs to consider giving “at least 90% of the projected annual dividend in one or more instalments” as interim...
Facing revenue constraints, Centre looks at PSUs for higher dividendsOfficial sources said PSUs with stock prices higher than the book value and having sufficient cash funds will be asked to shell out higher ...
Government breaches full-year fiscal deficit target at October-endThe government has budgeted to cut fiscal deficit to 3.3 per cent of GDP in 2018-19 from 3.53 per cent in the previous financial year.
PSEs may up capex spending by Rs 25,000 croreThe government has also asked CPSEs to consider higher dividend & explore debt and other funds to meet their capex targets instead of relyi...
CAG audit states that CPSEs did not issue bonus sharesIn its audit report, the CAG has noted that in case of eight CPSEs, managements are yet to amend Articles of Association to provide for buy...
Government plans to seek special dividend from top PSUs to meet tax deficitProfit-making CPSEs are required to declare a minimum dividend of 20 per cent or a minimum pay-out of 20 per cent whichever is higher.