New Delhi, June 24 (IANS) Retail shareholders have until Wednesday to buy Life Insurance Corporation of India (LIC) shares to qualify for the insurer’s dividend payout, with June 25 fixed as the record date.State-owned LIC has announced a final dividend of Rs 10 per equity share, as per an exchange filing from the company.Under India’s T+1 settlement cycle, shares must be purchased by June 24 to be reflected in the investor’s account on the record date.The insurer had reported a 23.2 per cen…
Latest Central Public Sector Enterprises News & Updates
New Delhi, June 20 (IANS) The Department of Public Enterprises (DPE) has, for the first time, notified ‘Development of Sporting Activities’ as a common Corporate Social Responsibility (CSR) theme for Central Public Sector Enterprises (CPSEs), a move expected to channel greater institutional funding towards sports development across the country.The decision, notified through an Office Memorandum, marks a significant evolution in the DPE’s thematic framework for guiding CSR expenditure by CPSEs to…
New Delhi, April 6 (IANS) The Government e-Marketplace (GeM) has recorded a cumulative Gross Merchandise Value (GMV) of Rs 18.4 lakh crore, including Rs 5 lakh crore transacted in the financial year 2025–26, the Ministry of Commerce and Industry said on Monday.Moreover, Micro and Small Enterprises (MSEs) accounted for 68 per cent of total orders placed on the platform during the year and 47.1 per cent of the total GMV.More than 11 lakh MSEs are registered on GeM and received over 51 lakh order…
New Delhi, Feb 15 (IANS) Placing Micro, Small and Medium Enterprises at the heart of India’s growth strategy, the Union Budget 2026–27 has unveiled a comprehensive plan to help MSMEs scale up, compete globally and integrate deeper into domestic and international markets through financial, policy and professional support, according to the official statement on Sunday.The Union Budget 2026–27 has underlined the government’s commitment to strengthening Micro, Small and Medium Enterprises as…
New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman on Monday said that the government is set to introduce the Insolvency and Bankruptcy Code (IBC) Amendment Bill in the second half of the Budget session, beginning March 9.Addressing a press briefing, a day after presenting the historic reform-oriented Budget 2026-27, she said that the pace and direction of disinvestment should set the tone for revenue generation in the coming years.”Going forward, there will be a lot more divestment. Sp…
New Delhi, Jan 23 (IANS) Prime Minister Narendra Modi will distribute more than 61,000 appointment letters to the newly appointed youth in various government departments and organisations at the 18th Rozgar Mela on Saturday, according to a statement issued by his office on Friday.The Prime Minister will address, via video conferencing, the 18th Rozgar Mela, to be held at 45 locations across the country. The newly recruited candidates, selected from all parts of India, will be joining various Cen…