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NEW DELHI: The central authorities has obtained Rs 3,636 crore from Indian Oil Corporation of India Ltd as a dividend tranche.
Also, it obtained obtained about Rs 23 crore from RailTel Corporation of India Ltd.
“Government has respectively received about Rs 3636 crore and Rs 23 crore from Indian Oil Corporation Ltd and RailTel Corporation of India Ltd as dividend tranches,” the secretary on the Department of Investment and Public Asset Management posted on its X deal with on Tuesday.
A dividend is a reward firms typically present to their shareholders, although not mandatorily, from a portion of their earnings.
Also, it obtained obtained about Rs 23 crore from RailTel Corporation of India Ltd.
“Government has respectively received about Rs 3636 crore and Rs 23 crore from Indian Oil Corporation Ltd and RailTel Corporation of India Ltd as dividend tranches,” the secretary on the Department of Investment and Public Asset Management posted on its X deal with on Tuesday.
A dividend is a reward firms typically present to their shareholders, although not mandatorily, from a portion of their earnings.
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