Corporate Radar: TCS, SBI to go ex-dividend; GMM Pfaudler to consider bonus issue At least four stocks will go ex-dividend today. It includes TCS, which had announced a final dividend of Rs 22 per share recently. SBI, which announced a final dividend of Rs 7.10 per share, will also go ex-dividend today. Two others -- GRM Overseas and Qgo Finance -- which announced dividend (interim) per share of Re 0.25 and Re 0.10, respectively, will go ex-dividend today.
Stocks in the news: Coal India, Grasim, DRL, Bayer Cropscience, Muthoot and sugar stocks Coal India, BPCL, IndiGo, Apollo Hospitals, Torrent Pharma, Max Health, NHPC, PFC, Bata, Whirlpool, Fortis, AIA Engineering, Nalco and SJVN are among the companies which will announce their March quarter earnings today.
Additional Power Secretary Vivek Kumar Dewangan appointed as CMD REC In a statement on Thursday, REC said Vivek Kumar Dewangan, a 1993-batch Indian Administrative Service (IAS) Officer of Manipur Cadre has taken over the charge as CMD of REC Limited on May 17, 2022.
Power ministry tells PFC, REC to support imported coal-based, stressed units with short term funds Around 7,600 megawatts of imported coal based-plants are not running as they would incur losses at the current levels of coal price.
Power Ministry asks PFC, REC to provide short-term loans to imported coal-based plants In view of increased demand and unprecedented pressure on domestic coal supplies, the power ministry on 5th May 2022 issued directions under Section 11 of the Electricity Act, 2003, to all imported coal-based plants (ICB) to operate and generate power to their full capacity, even for projects that are stressed or under NCLT.
Sold a property and faced with capital gains? Look at REC Capital Gains Tax Exemption Bonds-Series-XVI You can invest up to Rs 50 lakh in a financial year in capital gains tax exemption bonds to minimise liabilities on long-term capital gains from transfer of capital assets.