Government Receives Dividend Tranches From PSUs, NPCIL, UCIL, HAL
Listen to This Article
The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and Uranium Corporation of India Limited (UCIL) respectively as dividend tranches.
Today is the last day of the current financial year 2022-23.
Dividends and profits earned by the government from PSUs belong to the capital budget.
Government also received Rs 503 crore and Rs 23 crore from HAL and Mishra Dhatu Nigam Limited (MIDHANI) respectively as dividend tranches.
On March 29, Government had received Rs 224 crore and Rs 123 crore from Bharat Electronics Limited (BEL) and HUDCO respectively as dividend tranches.
Government had received Rs 1,355 crore from GAIL (India) Limited as dividend tranche on March 28, the department for investment and public asset management (DIPAM) said.
--IANS
ans/svn/
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more