National News

BHEL pays final dividend of Rs 88 crore for FY 2021-22 to Govt

Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs 88 crore for the financial year 2021-22 to the government

PSU Watch Bureau

New Delhi: Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs 88 crore for the financial year 2021-22 to the government.

To this effect, a cheque towards the final dividend on the equity (63.17 percent) held by the Government of India, was presented to Union Minister of Heavy Industries Dr Mahendra Nath Pandey by BHEL's Chairman and Managing Director (CMD) Dr Nalin Shinghal in the presence of Secretary (HI) Kamran Rizvi.

Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion. Significantly, the total dividend paid to the company's shareholders for FY 2021-22 amounts to over Rs 139 crore.

(PSU Watch– India's Business News centre that focuses on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks