BHEL pays 40% interim dividend for fiscal 2016-17

The company has paid dividends uninterruptedly for four decades without a break.

GN Bureau | March 9, 2017


#dividend   #PSU   #BHEL  
 
Bharat Heavy Electricals Limited (BHEL) has paid an interim dividend of 40% for fiscal 2016-17. In value terms, the dividend paid amounts to Rs 194.8 crore.
 
With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly for four decades without a break.
 
A cheque of Rs 123.47 crore towards the interim dividend for the year 2016-17 on the equity (63.06%) held by the government of India, was presented to. Anant G Geete, union minister of heavy industries and public enterprises by Atul Sobti, chairman and managing director, BHEL.
 

Comments

 

Other News

On World Youth Skills Day, let’s ask: What will it take to retain Gen Z?

On World Youth Skills Day, observed every year on July 15, we’re reminded that the future of any economy depends on how well it invests in its youth. In India, where over half the population is under 30, the question of youth skills is not just about employment, it’s about meaning, wellbeing, a

Modi’s Ghana, Namibia visit a transformative chapter in India-Africa ties

Prime minister Narendra Modi last week completed a visit to five countries of Global South: Ghana, Trinidad & Tobago, Argentina, Brazil and Namibia. The objective was to reignite old existing partnerships and to project India’s leadership and influence in the Global South community. 

MoEFCC and CAQM launch ‘The Breath of Change’

To tackle air pollution in Delhi-NCR through public participation and creative engagement, the Ministry of Environment, Forest and Climate Change (MoEFCC) and the Commission for Air Quality Management (CAQM) have jointly launched a strategic communication campaign titled The Breath of Change.

India well on way to becoming a global IP powerhouse

Intellectual Property (IP) has evolved into a critical component of innovation and global competitiveness in India’s economy. As businesses pivot toward intangible assets like data, algorithms and branding, IP protection is no longer a matter of formality—it is a strategic imperative. The last

War and Peace: The conundrum of conflict in West Asia

Israel and Palestine have been the harbinger of troubles for the last 80-odd years. It is an unending and persistent saga of conflict and attrition which has bloodied the political, societal and economic turf in West Asia for long. The scale of wars, which were more than skirmishes of the day, ranged from

Trump’s tariff ploy sparks resistance from Global South

In the history of BRICS, never has any joint statement issued after a leader-level summit contained any remarks—directly or indirectly, against the US. However, for the first time, during the 17th summit of BRICS in Rio de Janeiro in Brazil, leaders voiced their concern about America’s impositi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter