Interim Dividend

Showing of 1 - 20 from 24 results
Interim Dividend - Total results - 24
Colgate-Palmolive India Q4 net profit rises 3.3% to Rs 204 cr on tax reversals; COVID-19 outbreak hits sales volume
Business

Colgate-Palmolive India Q4 net profit rises 3.3% to Rs 204 cr on tax reversals; COVID-19 outbreak hits sales volume

Colgate-Palmolive said its board in a meeting held on Thursday has declared a second interim dividend of Rs 16 perequity share for the financial year 2019-20.

Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend
Business

Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend

The board of Britannia in a meeting declared "interim dividend at 3,500 percent - Rs 35 per equity share of face value of Re 1 each - for the financial year 2019-20.

RBI Board may discuss interim dividend in next meeting; govt finances under pressure with moderate revenue collection
Business

RBI Board may discuss interim dividend in next meeting; govt finances under pressure with moderate revenue collection

If the RBI board agrees to interim dividends based on their six-month performance, it would provide some financial relief to the government,

RBI governor Shaktikanta Das says not aware of govt demand for interim dividend
Business

RBI governor Shaktikanta Das says not aware of govt demand for interim dividend

Governor Shaktikanta Das on Friday scotched media reports that the government might seek an interim dividend of Rs 30,000 crore from the central bank to meet its revenue shortfall after the massive tax cuts

Govt may seek Rs 30,000 cr interim dividend from RBI: Even then, Nirmala Sitharaman may have to give 3.3% deficit target a miss
Business

Govt may seek Rs 30,000 cr interim dividend from RBI: Even then, Nirmala Sitharaman may have to give 3.3% deficit target a miss

Over the years, the dividend transfer from the RBI to the government has grown many times (seen the table) and the utilisation of this money has been a subject of debate.

Bimal Jalan panel says RBI can pay interim dividend to govt only under exceptional circumstances; recommends review of ECF every 5 years
Business

Bimal Jalan panel says RBI can pay interim dividend to govt only under exceptional circumstances; recommends review of ECF every 5 years

The Bimal Jalan panel was constituted by the central bank in consultation with the government to review the extant ECF of the RBI

RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?
Business

RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?

The Financial Stability Report analyses threadbare the overall state of the various segments as well as highlights the risk-related issues

Asian Paints fourth quarter net profit decline 1.7% to Rs 487 cr, but total income increases 12% to Rs 5,075 cr
Business

Asian Paints fourth quarter net profit decline 1.7% to Rs 487 cr, but total income increases 12% to Rs 5,075 cr

Asian Paints posted a net profit of Rs 2,211.91 crore for 2018-19 as compared with Rs 2,097.52 crore for 2017-18.

Infosys March quarter net profit jumps 10.5% to Rs 4,078 cr, revenue grows 19% to Rs 21,539 cr
Business

Infosys March quarter net profit jumps 10.5% to Rs 4,078 cr, revenue grows 19% to Rs 21,539 cr

In US dollars, Infosys saw its net profit growing 1.7 percent to $581 million in the March 2019 quarter from $571 million in the year-ago period, while revenues rose 9.1 percent to $3.06 billion from $2.8 billion a year ago.

Power Grid Corp pays Rs 1,600 cr interim dividend to govt for 2018-19
Business

Power Grid Corp pays Rs 1,600 cr interim dividend to govt for 2018-19

State-owned Power Grid Corporation said on Friday that it has paid Rs 1,629.62 crore as interim dividend for 2018-19 to the central government

State-owned REC pays Rs 1,143 cr interim dividend for FY19 to govt
Business

State-owned REC pays Rs 1,143 cr interim dividend for FY19 to govt

State-owned REC Ltd on Friday said it has paid Rs 1,143.34 crore as interim dividend for 2018-19 to the power ministry

Govt pushes cash-rich IOC, ONGC to pay second interim dividend for this fiscal as revenue shortfall widens
Business

Govt pushes cash-rich IOC, ONGC to pay second interim dividend for this fiscal as revenue shortfall widens

As per regulations, a company cannot declare a second dividend within a month of the previous payout and companies like ONGC would need to seek an approval of SEBI to make such a payment.

RBI govenor Shaktikanta Das says it is govt's right to demand interim dividend and use it the way its wants
Business

RBI govenor Shaktikanta Das says it is govt's right to demand interim dividend and use it the way its wants

Payment of surplus or interim dividend to the government is a part of the RBI Act, so we are not doing anything beyond what is there in the legal provision, Shaktikanta Das said

RBI board meeting on interim dividend deferred to 18 February; to be addressed by finance minister Piyush Goyal
Business

RBI board meeting on interim dividend deferred to 18 February; to be addressed by finance minister Piyush Goyal

The meeting of the Reserve Bank of India's (RBI) central board, which was slated to take a call on interim dividend, has been deferred to 18 February

Finance Minister Piyush Goyal to address RBI Board on 9 February; highlight key points of interim Budget
Business

Finance Minister Piyush Goyal to address RBI Board on 9 February; highlight key points of interim Budget

The customary post-Budget meeting with the RBI will take place against the backdrop slight deviation from fiscal deficit target for the current fiscal, tax rebate for income up to Rs 5 lakh and income support scheme for 12 crore farmers

IOC to raise $900 m through overseas bonds issue to meet working capital needs; PSU to buy back 29.76 crore shares
Business

IOC to raise $900 m through overseas bonds issue to meet working capital needs; PSU to buy back 29.76 crore shares

The state-run IOC is buying back shares and is paying an interim dividend for the fiscal 2018-19, aggregating to Rs 11,000 crore.

RBI likely to pay govt up to Rs 40,000 crore interim dividend; funds crucial to bridge widening budget deficit
Business

RBI likely to pay govt up to Rs 40,000 crore interim dividend; funds crucial to bridge widening budget deficit

The dividend could help Prime Minister Narendra Modi’s administration bridge a widening budget deficit following a drop in tax collections.

Natco Pharma Apr-Jun quarter net jumps 70% to Rs 47.65 cr
Business

Natco Pharma Apr-Jun quarter net jumps 70% to Rs 47.65 cr

Its consolidated net sales were up 38.02 percent to Rs 297.71 crore during the period under review

Earnings boost: Crisil stock surges 14% on robust March quarter PAT
Business

Earnings boost: Crisil stock surges 14% on robust March quarter PAT

Crisil yesterday posted a 40 percent rise in consolidated net profit at Rs 78.6 crore for the first quarter to March