PSU

PSU

Centre has collected Rs 30,369 cr as dividend from PSUs in FY 2021

Faced with a revenue crunch in the backdrop of the COVID-19 pandemic, the government is relying on, among other sources, PSUs to make up for the shortfall as far as possible and has clearly dictated the companies to pay interim dividends

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PSU

Delhi Govt approves opening 100 schools of specialised excellence

Deputy Chief Minister of Delhi Manish Sisodia said the specialisation would be in the field of Science, Technology, Engineering and Mathematics (STEM), Performing and Visual Arts, Humanities and high-end 21st-century skills

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PSU

BDL pays an interim dividend of Rs 92 crore to Centre

The board of directors of the company in their board meeting held on March 12, have approved payment of interim dividend at Rs 6.70/- per share of the face value of Rs. 10/- each. The interim dividend declared by the company works out to 67 percent of the paid-up share capital of Rs 183.28 crore

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PSU

BHEL secures first-ever overseas turnkey contract

In an official statement released on Monday, the PSU said that the solar power plant will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on an engineering, procurement and construction (EPC) basis

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PSU

Adani Green to acquire 50 MW solar asset from SkyPower Global

With the acquisition, Adani Green shall increase its operating renewable capacity of 3,395 MW with a total renewable portfolio of 14,865 MW

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PSU

Kesavan Nampoori appointed Director (Technical) of FACT

As Director (Technical) in FACT, Kesavan will act as head of the Technical & Operations division of the company. His responsibilities will be to ensure the efficient operation of the plants of the company in a manner that would also ensure optimum utilization of resources

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PSU

HAL pays second interim dividend to Government

The dividend cheque was handed over to Raksha Mantri Shri Rajnath Singh by Chairman and Managing Director (CMD) of HAL Shri R Madhavan and Director (Finance), HAL Shri C B Ananthakrishnan in the presence of Secretary (Defence Production) Shri Raj Kumar in New Delhi on March 10, 2021

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PSU

NHPC pays interim dividend of Rs. 890.85 crore to government of India for the financial year 2020-21

NHPC, a premier hydro power Company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India has paid an interim dividend of Rs. 890.85 crore to Government of India for the financial year 2020-21 on March 5th, 2021

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PSU

CONCOR holds Webinar to boost container output

In a move to restrict Chinese supremacy in the Indian container market, Container Corporation of India (CONCOR) will float an open tender for domestic manufacturers soon to meet its annual requirement of containers. Till now, the state-run company was procuring around 8,000 containers from China on an annual basis, at a total cost of around Rs 200 crore

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PSU

Cochin Shipyard Signs MoUs with DCI and Royal IHC Holland BV

CSL and IHC Holland BV have arrived at an understanding to work together to provide locally built world-class dredgers. High-capacity dredgers in the range of 8000 Cu Meter to 12,000 Cu Meter are complex equipment being built in India for the first time

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