India, Kenya hold Working Group Meeting on Agriculture through Virtual Mode (See 'Corp Brief') NIFTEM-K to organise Global Platform with Participation from 25 Countries (See 'Corp Brief') IBC - Moratorium u/s 14 of IBC is intended to preserve debtor's estate from creditor actions aimed at debt recovery, but does not interdict sovereign proceedings in rem for attachment or confiscation under Benami Act: SC (See 'Legal Desk') ESIC commences 75th Foundation Year Celebrations (See 'Corp Brief') Misc - Telecom operator is liable to pay reserve price fixed for November 2012, 2G spectrum auction from February 2, 2012, date on which its licence stood quashed: SC (See 'Legal Desk') Stakeholder Consultation held for inputs on proposed Advanced Manufacturing Systems Mission (See 'Corp Brief') IPR - Registration of Device Mark is to be considered as whole and while determining deceptive similarity with another Trade Mark: HC (See 'Legal Desk') Biotechnology will power next industrial revolution: MoS (See 'Corp Brief') IPR - Trademark could not be removed simply for non-use: HC (See 'Legal Desk') Union Minister inaugurates Special Handloom Expo (See 'Corp Brief') India, Brazil sign TKDL Access Agreement for protection of Patent (See 'Corp Brief') Memorandum of Cooperation signed between Digital Bharat Nidhi and AP (See 'Corp Brief') IPR - Registered mark is liable to be removed if not used for continuous period of five years & three months prior to filing of petition, unless special circumstances are shown: HC (See 'Legal Desk') Footwear Design and Development Institute celebrates 5th Convocation Ceremony (See 'Corp Brief') 96% houses under PMAY-U 2.0 allotted for women (See 'Corp Brief') SEBI - Adjudication proceedings are nullified where the noticee has ceased to exist on account of being struck off the RoC: SEBI (See 'Legal Desk') India-Brazil MoU signed to Deepen MSME Cooperation (See 'Corp Brief') IFSCA-IICA unveil Strategic Roadmap to institutionalize Corporate Governance Ecosystem at GIFT-IFSC (See 'Corp Brief') Grant support extended to 5 Innovators under CSR-backed Programme (See 'Corp Brief') Misc - Notice u/s 91 of CrPC cannot be issued to accused person to compel them to furnish information that is based on their personal knowledge: HC (See 'Legal Desk') MoS holds bilateral Talks with Rwanda ICT Minister (See 'Corp Brief') India, Brazil sign MoU to strengthen and secure steel supply chain (See 'Corp Brief') Misc - SICA - failure to repay dues or subsequent financial incapacity cannot constitute cheating in he absence of fraudulent intent at time of inducement: HC (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

Print

TCIL pays dividend to Govt

Published: Oct 10, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 10, 2024: TELECOMMUNICATIONS Consultants India Ltd. (TCIL) today paid dividend of Rs. 33.72 crore to the Government of India for the year 2023-24.  Chairman & Managing Director Sanjeev Kumar presented the dividend cheque to Jyotiraditya M. Scindia, Minister of Communications, in the presence of Dr. Neeraj Mittal, Secretary, Department of Telecommunications (DoT).

The Government holds 100 percent equity in the TCIL and in the year 2022-23, the PSU paid a dividend of Rs. 14.19 Crore for the year 2022-23 to the Government. This marks an annual jump of 137% in the amount of dividend paid by TCIL to the government, thus showing financial robustness and sustainability.

TCIL, established in August 1978, operates under the administrative control of the Department of Telecommunications. The company, a Miniratna PSU, has consistently remained profitable over the years.

TCIL is one of the most diversified PSU, executing Projects in the field of Telecommunications & Information Technology in India and abroad. TCIL has executed projects in over 70 countries across the globe. Its overseas operations are currently in the Kingdom of Saudi Arabia, Kuwait, Oman, Mauritius & Nepal apart from the ongoing prestigious Pan Africa e-Vidya Bharti & Arogya Bharti Network project operating in more than 15 African countries.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.