Govt asks CPSEs for quarterly dividend payouts, higher share of profits
Staring at a revenue crunch, the government has asked rich state-owned firms to start paying dividends on a quarterly basis, even as it has demanded higher share from profits of all its companies. Aiming for a ‘predictable and staggered’ dividend regime, the government has further told state-owned firms not to go by the rule book and pay the bare minimum dividend, but to work on increasing payouts. Read More...
India's economy is reviving and festive season's online sales show it
India’s main holiday season -- culminating Saturday