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PETROLEUM SECTOR DIVIDEND
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...
Chennai Petroleum announces Rs 8 per share dividend, sets April 2 as record date. Check dividend yieldChennai Petroleum Corporation announced an interim dividend of Rs 8 per share for FY 2025-26, payable by April 25. Shares remain strong, up...
Govt exceeds disinvestment target, boosts revenue with strong dividend collectionsGovernment's combined disinvestment and asset monetisation receipts have surpassed ₹34,400 crore this fiscal year, exceeding revised estima...
"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...
CPSE dividend for FY25 hits record Rs 74,017 croreCentral government's dividend collections from non-financial entities reached ₹74,017 crore in FY25, a 16% increase from the previous year,...
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...
Trade unions urge Petroleum Minister to reconsider BPCL privatisation moveNew Delhi, Aug 26 () Trade unions on Wednesday urged Petroleum Minister Dharmendra Pradhan to reconsider the proposed privatisation of Bhar...
Non-compliance of government directives by CPSEs led to shortfall of Rs 9,417 crore in dividend: CAGAs per the norms, all profit-making central public sector undertakings (CPSUs) are required to declare a minimum dividend on equity of 20 p...
Government wants oil cos to pay Rs 34,000 cr in dividend, profit petroleum, royaltyGovt's plan is a bid to raise resources for public spending amid economic slowdown and corporate tax cut.
5 dividend paying stocks that can be good investments in a volatile marketConsistency of dividend payments, non-cyclical business, stability in profits are signs of a fundamentally strong dividend paying company.
After govt's pressure, state-run oil firms declare Rs 4,570 crore special dividendThe finance ministry had directed all administrative ministries to insist on public sector companies paying maximum possible dividend in th...
Government clears ETF plan; to raise Rs 3,000 cr in FY'14The Empowered Group of Minister, headed by Finance Minister P Chidambaram, today decided on the formation of the CPSE ETF.
Budget 2013: finance ministry urges PSUs for extra dividendThe finance ministry is knocking on the doors of cash-rich public sector units for higher dividends in its usual pre-Budget rush to raise f...
- Finance Ministry asks ONGC, others to consider over 30% interim dividend
Finance Ministry has asked cash-rich oil PSUs like ONGC to consider special dividend over and above the 30 per cent interim dividend.
- State cos told to pay extra dividend
The finance ministry has asked select public sector enterprises to declare special dividend for the current financial year as it struggles ...
- Govt counting on PSU dividends to improve finances: Arun Yadav
The government today said it is counting on payouts by public sector units, particularly in the petroleum sector, to improve its finances.
- Crude crash lifts oil marketing cos’ bottomlines
India’s three public sector Fortune 500 oil marketing companies, Indian Oil, Bharat Petroleum and Hindustan Petroleum, made remarkable turn...
- Cheap oil policy shrinks tax kitty
Govt has systematically choked its cash cow, the petroleum industry, with its cheap-oil policy.
- Don't confuse people with ads: Brinda to oil ministry
CPM MP and polit bureau member Brinda Karat has asked petroleum and natural gas minister Murli Deora to give a break-up of absorbed loss vi...
- Budget-making puts focus on woman power
The annual Budget-making season has been formally started by the government, with gender budgeting becoming a big issue for the first time....