Governance Now Masterminds

BHEL to pay 79% dividend for fiscal 2016-17, highest in last three years

BHEL achieves double digit growth in its top line in 2016-17 fiscal

GN Bureau | June 6, 2017


#BHEL   #dividend  
Bharat Heavy Electricals Limited (BHEL) has proposed an equity dividend of 79% (including 40% interim dividend paid earlier) for 2016-17 fiscal.
 
This is four times of the dividend paid in the previous year and also the highest dividend to be paid by the Maharatna enterprise in the last three years.
 
Notably, in 2016-17 fiscal, BHEL has achieved double digit growth in its top line and bounced back into profit. During the year, it posted recorded turnover of Rs 28,840 crore, up by 11 percent over the previous year.
 

Comments

 

Other News

There is huge hunger for news, says Ashish Bhasin

India is a news-hungry nation with more than 1 lakh newspapers, apart from many news channels. News consumption is high – more so in smaller cities, and the industry needs to capitalize on its huge untapped potential, believes Ashish Bhasin, CEO, APAC, and chairman, India Dentsu Aegis Network.

Amnesty wind-up: NHRC notice to home ministry

As the Amnesty International downs the shutters on its India operations, the National Human Rights Commission (NHRC) has taken suo motu cognizance of the matter and sought the home secretary’s response on the allegations levelled by the global organisation. Amnesty International in Ind

Covid-19 triggers research culture in Ayurveda, traditional medicines

The Covid-19 pandemic has brought the spotlight on the health-promotive and disease-preventive solutions of Ayush (Ayurveda, Yoga, Unani, Siddha, Homeopathy) disciplines. What has not come into the limelight is the emerging nationwide trend in the Ayush disciplines, of taking up evidence-based studies.

Derivative market for electricity in India: Will it lead to innovation or speculation?

The Indian electricity sector is going through an interesting phase right now. Many reforms are being introduced to increase competitiveness and transparency in the sector. The power market in India is a surplus market now and the spot prices are going down day by day. With all these indicators signaling a

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

Governance Now Masterminds

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter