The DIPAM, in 2020, advised CPSEs to follow a consistent dividend policy and strive to pay higher dividends taking into account factors like profitability, capex requirements, cash/reserve and net worth
While the central government has hiked the windfall tax on domestically produced crude oil, it has kept the export tax on jet fuel or ATF, same.
Many companies, including Infosys Ltd. and Hindustan Copper Ltd., have announced dividends for shareholders recently. Hence, it is vital to know your tax liability for the payments.
Amateur investors often believe that when companies declare a four-digit percentage dividend, their investments will double, or even triple. But that is a wrong notion. Here’s how to check and gauge the correct dividend...
Net profit of Rs 12,825.99 crore, or Rs 10.20 a share, in July-September 2022-23 is compared with Rs 18,347.73 crore, or Rs 14.58 per share net profit in the same period a year ago
The firm also favours a floor price for natural gas at $10 per million British thermal unit -- the current government-dictated rate -- to help bring deposits in challenging areas to production
ONGC, which contributes around 71 per cent to India's domestic production, has reported a gradual decline in output for over a decade now primarily because its fields are old and ageing.
At the fifth fortnightly review, the government reduced tax on domestically-produced crude oil to Rs 10,500 per tonne from Rs 13,300 per tonne
Earlier this month, the government had scrapped the windfall profit tax on ATF (Aviation Turbine Fuel) exports
The country's biggest lender State Bank of India (SBI) on Saturday posted a 7 per cent decline in standalone net profit at Rs 6,068 crore for the first quarter...
ONGC has signed a pact with Greenko, one of India's largest renewable energy companies, to form a 50:50 joint venture for green energy projects
Under the agreement, the GAIL and AGCL will receive 50,000 standard cubic metre of gas each from Khubal Gas Gathering Station
Among others, Chennai Petroleum Corporation jumped 11.38 per cent, Oil India climbed 8.82 per cent and Mangalore Refinery and Petrochemicals advanced 4.95 per...
The oil refiners in India will now pay Rs 6 per litre on the export of petrol and aviation turbine fuel (ATF) as well as Rs 13 on the export of diesel
In a surprise move, the government on July 1 increased import duties on gold (by 5 per cent), added export duties on petrol and ATF (Rs 6/litre; $12 per...
At 9:18 am, the 30-share BSE Sensex was down 22 points or 0.04 per cent at 52,885, whereas the Nifty 50 index advanced 21 points or 01.14 per cent at 15,773
At 9:30 am, the 30-share Sensex surged 197 points or 0.37 per cent at 53,224, whereas the NSE Nifty 50 index advanced 50.95 points or 0.32 per cent at 15,850
While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such...
The reserve or floor price of gas will be 14 per cent of the Dated Brent crude oil Price plus $1 per million British thermal unit, ONGC said in the tender
Anupam Agarwal has taken over as Director of Oil and Natural Gas Corporation Videsh Limited.
At 9:19 am, the 30-share BSE Sensex was trading 575 points or 1.09 per cent higher, whereas the NSE Nifty 50 index advanced 170.10 points or 1.08 per cent at...
At 9:18 am, the BSE Sensex was down 299 points or 0.55 at 54,602, whereas the Nifty 50 index plunged 99 points or 0.61 per cent at 16,256
At 9:16 am, the BSE Sensex was up 85 points or 0.15 per cent at 55,192, whereas the Nifty 50 index surged 43 points or 0.26 per cent at 16,459.
In tandem with weak equities, the market capitalisation of BSE-listed firms tumbled by Rs 2,08,291.75 crore to Rs 2,54,33,013.63 crore
At 9:19 am, the BSE Sensex was trading 531 points or 0.95 per cent lower at 55,143, whereas the Nifty 50 index was trading 153 points or 0.93 per cent lower at...
