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...
16 Dec, 2024, 12.47 PM IST
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...
26 Apr, 2024, 12.09 AM IST
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...
18 Mar, 2024, 06.46 AM IST
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...
27 Jan, 2024, 05.21 PM IST
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...
24 Nov, 2023, 04.31 PM IST
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...
27 Jan, 2023, 10.10 AM IST
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...
26 Jan, 2023, 09.31 PM IST
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.
14 Mar, 2022, 10.23 AM IST
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.
14 Dec, 2021, 10.12 PM IST
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...
24 Dec, 2020, 04.03 PM IST
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...
06 Dec, 2020, 11.14 AM IST
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...
14 Nov, 2020, 12.02 AM IST
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 ...
20 Oct, 2020, 03.07 PM IST
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.
01 Dec, 2018, 06.53 AM IST
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...
28 Sep, 2017, 11.18 PM IST
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...
04 May, 2016, 04.13 AM IST
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.
07 Oct, 2015, 08.11 PM IST