The government has received Rs 2,413 crore in dividends from BPCL, adding to the Rs 15,389.14 crore received this fiscal year from CPSEs, i...

The final dividend is in addition to an interim dividend of Rs 5 per share, which was paid during the year. The final dividend would be pai...

The OMCs additionally face the risk of government intervention in fuel prices during the elections.

As per regulations, a company cannot declare a second dividend within a month of the previous payout and companies like ONGC would need to ...

ONGC's board had on December 20 approved buyback of 25.29 crore shares at Rs 159 apiece.

IOC in a regulatory filing on Tuesday said it has launched an international bonds issue of USD 900 million, carrying a coupon of 4.75 per c...

The Notes carry a coupon of 4.75 per cent per annum payable semi-annually.

Going by the latest data points, it looks highly likely that the deficit could be breached.

There is a high probability that government would now push cash-rich PSUs to pay higher dividends.

ONGC shares closed almost flat at Rs 148.65 on the Bombay Stock Exchange (BSE) Thursday.

The government, which holds a 54.06% stake in IOC, may participate in the share buyback.

IOC, and HPCL, which control nearly 95% of the country's fuel retail market, are considering ways to roll out the plan, a report said.

HPCL declared an interim dividend of Rs 6.40 for the financial year 2016-17, while IOC declared an interim dividend of Rs 4.50 per share fo...

In case of Coal India, the government has already asked them to either go in for disinvestment or pay special dividend to the government.

Finance Ministry has asked cash-rich oil PSUs like ONGC to consider special dividend over and above the 30 per cent interim dividend.

Cash-rich PSUs, such as ONGC, SAIL, BSNL and NTPC, are under pressure to declare interim dividends as the government looks at these compani...

There's more good news for those investing in PSUs, especially in the oil, steel, mining and power sectors.