GN Bureau | October 5, 2015
In a dividend payment that is fifth highest among all the public sector undertakings, NTPC Limited has paid a total dividend of Rs. 2,061.37 crore for the financial year 2014-15. This amounts to 25% of its paid-up capital. This is the 22st consecutive year that NTPC Ltd. has paid dividend.
The company had paid interim dividend of Rs. 618.41 crore on February 13, 2015. Today, the Company has paid the final dividend of Rs. 1,442.96 crore.
The RTGS advice for the transfer of Rs. 1081.61 crore to government of India, being the share of the government in the final dividend, was presented by A K Jha, chairman and managing director of NTPC to i Piyush Goyal, minister of state (independent charge) for power, coal and renewable energy.
Others present during the ceremony were Pradeep Kumar, joint secretary & financial advisor in the ministry, K Biswal, director (finance), NTPC, UP Pani, director (human resources), NTPC, SC Pandey, director (projects), NTPC and KK Sharma, director (operations), NTPC.
NTPC Ltd. has paid a total dividend of Rs. 1545.15 crore to the government for the financial year 2014-15.
On May 23 this year, the ministry of environment issued ‘Rules on prevention of cruelty to animals (regulation of livestock market)’ with the purported aim of regulating animal markets. When one reads the rules – notwithstanding the lame efforts from union ministers to issue clarificati
BEML, a mini ratna category-1 enterprise of the defence ministry, has set a target of using 100 percent renewable energy for its own consumption. In this connection, BEML’s 9 MW Windmill Park installed at Bagalkot District in Karnataka was recently
Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recorded nearly 14 percent growth in its intellectual capital in 2016-17 fiscal. During the year, a record 508 patents and copyrights were filed by the company, translating into filing of nearly two patents/copyrights
National Aluminium Company Limited (NALCO) has joined hands with the Confederation of Indian Industries (CII), Odisha, to organise outreach programmes for industries and other stakeholders on GST implementation. Series of interactive programmes are being
Taking prime minister Narendra Modi’s vision of ‘Housing for all by 2022’ forward, Employees` Provident Fund Organisation (EPFO) has amended the EPF Scheme, 1952 to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from PF to
IndianOil is currently transporting bulk LPG from Mangalore to various LPG bottling plants in north Kerala through about 100 bullet trucks every day, which ply on narrow highways. A pipeline connecting the proposed LPG import terminal to Kochi Refineries Limited and the LPG bottling plants at Udayamperoo