[ad_1] The government has revised the capital restructuring norms for Central Public Sector Undertakings (PSUs) for the first time after 2016, to realign with market conditions. CPSEs will now have to pay 4% of their net worth as dividend, as compared to 5% earlier. For PSU NBFCs, the net worth criterion has been dropped but […]
IRFC, BHEL, other PSU stocks surge up to 6% on new dividend, bonus norms – CNBC TV18
[ad_1] Shares of India’s state-run companies are surging on Tuesday, November 19, after the government made changes to their capital restructuring norms after eight years. The Nifty PSE index, an index of India’s 20 state-run companies, is currently trading with gains of over 2%, with all constituents trading with gains between 0.5% to as high […]