Dividends

Govt seeks up to 100% dividend from 12 public sector firms as fears of tax revenue shortfall loom

The demand has been made following a finance ministry assessment on 25 October of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd

Demonetisation: Urjit Patel is an 'extra' in the PM Modi show until govt needs funds

Though Patel was seen alongside economic affairs secretary, Shaktikanta Das, at the Delhi presser, Modi's surprise announcement and the body language of technocrats at the Finance Ministry-RBI joint presser clearly signaled that the government has effectively hijacked the show

As profit slides, Apple to offer $100 bn in dividends to investors

Apple on Tuesday bowed to investors' demands to share more of its $145 billion cash pile, while posting its first quarterly profit decline in more than a decade.

Over Rs 500 cr dividends lie unclaimed with bluechips

The companies on their behalf regularly send reminders to the concerned shareholders requesting them to claim their dividend.

Finally! Cairn India declares maiden dividend of Rs 5 per share

For Cairn India, which had a net cash of Rs 12,442.7 crore as on September 30, this maiden dividend will entail a payout Rs 1,109 crore including the dividend distribution tax of Rs 155 crore.

Oil India declares 3:2 bonus shares, interim dividend of Rs 10 a share

State-owned explorer Oil India on Saturday said its board of directors have agreed to issue 3:2 bonus shares - three shares for every two held.

PSU stocks soar more than 50% on hopes of higher dividends

BSE's PSU index has jumped 10.5 percent since the start of 2012 as the government plans to ask PSUs (of which it is the majority owner) to increase their dividend payout ratio.

India Inc fares terribly on dividend payouts

India figures at the bottom of a list of countries in a 17-country list, with Brazil, China and even Pakistan faring better on that count, a study has found.

FinMin expects good amount of dividend from PSUs

The Finance Ministry today said it expects the public sector units to pay "good amount" of dividend in the current fiscal.

Apple to reveal how it will spend cash pile

Apple Inc said it will announce the outcome of its internal discussion concerning its enormous cash balance on Monday morning.