Govt receives Rs 74.25 crore dividend from NBCC

Cheque was handed over to minister of state for housing and urban affairs

GN Bureau | November 6, 2017

#PSU   #NBCC   #dividend  

 NBCC has declared final dividend of Rs 74.25 crore to the union government for 2016-17 fiscal. 

The cheque has been handed over to minister of state (I/C) for housing and urban affairs Hardeep Singh Puri by NBCC, CMD, Anoop Kumar Mittal on October 30, 2017.
NBCC, in effect, paid a total dividend of Rs 110.025 crore to the government for 2016-17 fiscal that includes interim dividend of Rs 35.775 crore paid earlier during the year at the rate of 26.5 percent i.e. Rs 0.53 per paid-up equity share of Rs 2 each.



Other News

A walk down the rich history of Ayurveda

The Indic Quotient: Reclaiming Heritage through Cultural Enterprise By Kaninika Mishra Bloomsbury India, 230 pages, Rs. 499    Over the past decade, India has seen a significant rise in passion for enterprise as well as pride in her

Is China gearing up for prolonged conflict with India?

International observers will keenly watch the Chinese Communist Party Central Committee meeting next month. The central committee is the highest organ of the CCP with a mandate to execute the decision of the National Congress which is convened once every five years.   Besides economy, r

TRP-driven model bred irresponsibility: Sudhir Chaudhary

News profession is organic in nature, requires responsibility and discipline, and there is no room for mistake. To maintain high standards of accuracy you need discipline and hygiene in the newsroom. Sudhir Chaudhary, editor in chief of Zee News, Zee Business and Wion, has said that a TRP-driven business m

This Mumbai NGO empowers children with skills

When Dharmendra Pandey, a fruit-seller had to leave Mumbai after the imposition of the lockdown during the Covid-19 pandemic, and return to his village in Uttar Pradesh, he was staring at economic uncertainties ahead. Little did he know that his 16-year-old son, Mahavir, had acquired skills that would come

Masks: Awareness: near-total, compliance: half-way

Wearing a face mask is the first line of defence against the novel coronavirus, along with maintaining social distance and frequently washing hands with soap. More than six months after the outbreak of Covid-19, nearly 90 percent of people in India have become aware of the necessity of wearing a face mask,

Covid-19: Daily recoveries cross 1 lakh mark, new cases far fewer

Is India finally gaining an upper hand over the Covid-19 pandemic? After weeks of new cases hitting 90,000-plus every day, the tide seems to be turning, as the number came down to 75,083 on Tuesday, and the recoveries were not only higher than that but crossed the 1 lakh mark too. The countr


Current Issue


Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter