Govt receives cumulative Rs 347 cr as dividend from BEL, HUDCO
By ANI | Published: March 29, 2023 06:27 PM2023-03-29T18:27:25+5:302023-03-29T18:30:02+5:30
New Delhi [India], March 29 : The Centre has received about Rs 224 crore and Rs 123 crore, respectively, ...
Govt receives cumulative Rs 347 cr as dividend from BEL, HUDCO
New Delhi [India], March 29 : The Centre has received about Rs 224 crore and Rs 123 crore, respectively, from Bharat Electronics (BEL) and Housing and Urban Development Corporation (HUDCO) as dividend tranches.
A dividend is a reward compes often provide to their shareholders, though not mandatorily, from a portion of their earnings.
"Government has respectively received about Rs 224 crore and Rs 123 crore from BEL and HUDCO as dividend tranches," said the Department of Investment and Public Asset Management (DIPAM) secretary in a tweet.
On Tuesday, the government received about Rs 1,355 crore from GAIL (India) Limited as a dividend tranche.
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor
Open in app