Centre receives Rs 65 cr from RITES as dividend

Sep 01, 2023

New Delhi [India], September 1 : The Centre has received about Rs 65 crore from RITES Ltd as a dividend tranche, the Secretary at the Department of Investment and Public Asset Management posted on its X handle on Friday.
“Government has received about Rs 65 crore from RITES Ltd. as dividend tranche,” the divestment secretary wrote.
A dividend is a reward companies often provide to their shareholders, though not mandatorily, from a portion of their earnings.
RITES, a Central Public Sector Enterprise under the Ministry of Railways, incorporated in 1974, is a multidisciplinary engineering and consultancy firm.

More News

RBI Deputy Governor Michael Debabrata Patra (File Photo/https://www.youtube.com/@reservebankofindia593)

Optimal communication is gold standard for all central bankers says RBI deputy Governor

Nov 22, 2024

Optimal communication is the gold standard for all central bankers, said Reserve Bank of India's Deputy Governor, Michael Debabrata Patra on Friday.

Molecular Genomics Study highlights the role of Next-Generation Sequencing (NGS) in lung cancer treatment

Metropolis Healthcare unveils Key Findings from Molecular Genomics Study in honour of Lung Cancer Awareness Month

Nov 22, 2024

Mumbai (Maharashtra) [India], November 22: Lung cancer remains one of the most prevalent and deadly cancers globally, with approximately 2.2 million new cases diagnosed annually, contributing to 18% of all...

Senator, Dr Rasha Kelej, CEO of Merck Foundation during her visit to Uganda

Merck Foundation Observes the Elimination Day of Violence Against Women Through Their More Than a Mother Campaign and Educating Linda Program

Nov 22, 2024

Banjul [The Gambia]/ Mumbai (Maharashtra) [India], November 22: Merck Foundation, the philanthropic arm of Merck KGaA Germany, together with The First Ladies of Africa and Asia, who are also the...

Centre receives Rs 65 cr from RITES as dividend

Optimal communication is gold standard for all central bankers says RBI deputy Governor

Metropolis Healthcare unveils Key Findings from Molecular Genomics Study in honour of Lung Cancer Awareness Month

Merck Foundation Observes the Elimination Day of Violence Against Women Through Their More Than a Mother Campaign and Educating Linda Program

FTA will make it easier to come to India and to get embedded into economy: UKIBC Chair

Congress deputes observers for Jharkhand, Maharashtra to oversee post-election scenario

Seeing defeat, Akhilesh Yadav prepares his script before poll results: UP Deputy CM on "voter manipulation" allegation

SC transfers trial of cheating case against choreographer-turned-director Remo D'Souza from Ghaziabad to Delhi

Fire breaks out at handloom shop in Haryana's Yamuna Nagar

Pak: Human rights organisation condemns abduction of two people from Kech,Balochistan

'Joint research, collaborative degrees': AIIMS, IIT Delhi, UCL ink agreement for MedTech Innovation

J-K: Workshops organised as part of Heritage Week focussing on preservation of monuments

गुजरात का डेयरी सेक्टर ग्रामीण क्षेत्र को दे रहा है मजबूती

Gujarat’s Dairy Sector: A catalyst for rural prosperity and economic growth

Nepal’s President confers honorary title to Indian Army Chief

CM BhajanLal Sharma ने निवेशकों से Rajasthan को विश्व का अक्षय ऊर्जा केंद्र बनाने का किया आह्वान

Tripura CM Manik Saha participates in workshop on ‘People’s Plan Campaign-2024’ in Agartala

Rajasthan CM Bhajanlal meets Danish Envoy Freddy Svane in Jaipur ahead of Rising Rajasthan Summit

मुख्यमंत्री भजनलाल शर्मा ने चिकित्सा एवं स्वास्थ्य विभाग की बुलाई समीक्षा बैठक

Japan: "Tech Hub Yokohama" launched to support start-ups

Yokohama City hosts 4-day music festival 'Live Yokohama'

BGT fever is On! Pat Cummins, Jasprit Bumrah pose with trophy before Perth Test

Tags

Optimal communication is gold standard for all central bankers says RBI deputy Governor

Metropolis Healthcare unveils Key Findings from Molecular Genomics Study in honour of Lung Cancer Awareness Month

Merck Foundation Observes the Elimination Day of Violence Against Women Through Their More Than a Mother Campaign and Educating Linda Program

FTA will make it easier to come to India and to get embedded into economy: UKIBC Chair

Congress deputes observers for Jharkhand, Maharashtra to oversee post-election scenario

Seeing defeat, Akhilesh Yadav prepares his script before poll results: UP Deputy CM on "voter manipulation" allegation

SC transfers trial of cheating case against choreographer-turned-director Remo D'Souza from Ghaziabad to Delhi

Fire breaks out at handloom shop in Haryana's Yamuna Nagar

Pak: Human rights organisation condemns abduction of two people from Kech,Balochistan

'Joint research, collaborative degrees': AIIMS, IIT Delhi, UCL ink agreement for MedTech Innovation

J-K: Workshops organised as part of Heritage Week focussing on preservation of monuments

गुजरात का डेयरी सेक्टर ग्रामीण क्षेत्र को दे रहा है मजबूती

Gujarat’s Dairy Sector: A catalyst for rural prosperity and economic growth

Nepal’s President confers honorary title to Indian Army Chief

CM BhajanLal Sharma ने निवेशकों से Rajasthan को विश्व का अक्षय ऊर्जा केंद्र बनाने का किया आह्वान

Tripura CM Manik Saha participates in workshop on ‘People’s Plan Campaign-2024’ in Agartala

Rajasthan CM Bhajanlal meets Danish Envoy Freddy Svane in Jaipur ahead of Rising Rajasthan Summit

मुख्यमंत्री भजनलाल शर्मा ने चिकित्सा एवं स्वास्थ्य विभाग की बुलाई समीक्षा बैठक

Japan: "Tech Hub Yokohama" launched to support start-ups

Yokohama City hosts 4-day music festival 'Live Yokohama'

BGT fever is On! Pat Cummins, Jasprit Bumrah pose with trophy before Perth Test