NBCC present dividend cheque of Rs.55.97 crore to Jaipal Reddy
26 Aug 2008, 1711 Hrs

Add comment          Mail          Print          Write to Editor

New Delhi, August 26 (ANI): National Buildings Construction Corporation Limited (NBCC) on Tuesday presented a dividend cheque of Rs.55.97 crore to Union Minister for Urban Development S. Jaipal Reddy.

The cheque was presented by the Chairman-cum-Managing Director of NBCC, Arup Roy Choudhury.

The company has declared a whopping gross profit of Rs.418 crore with a total income of Rs.2025 crore.

Reddy congratulated the NBCC team for scaling new heights and asked to maintain the status and standard of the largest Central Public Sector Undertaking (CPSU) in the construction and infrastructure sector.

The Minister also advised the CMD to take up more projects with architectural excellence in the North-Eastern States to bring the region at par with other States.

The board of NBCC also declared a dividend of Rs.55.97 crore to be paid to the Government, which is 62 per cent of its paid-up capital of Rs.90.00 crore. (ANI)

Related Latest

Karnataka BJP stalemate continues, as Reddy meets senior party leaders in Delhi Evidence of Rs 400 crore unaccounted money transactions by Koda: IT dept. Planning Commission approves Rs.1,011 crore for Mission Mode Project on IVFRT Govt. released Rs.201.06 crore under MPF scheme to States: Chidambaram CWC presents dividend cheque to Sharad Pawar Vice President to present National Safety Awards today Sonia meets Jaganmohan Reddy to discuss Andhra politics MTNL hands over dividend of over Rs. 35 crores to Communications Ministry NALCO pays Rs. 84.22 crore dividend to Government Seeds Corporation presents dividend cheque of Rs. 1.85 crore to Pawar

Related Latest

Chemicals used in industrial applications may affect cholesterol levels Now, video game that improves intelligence How to include aging population in the technology revolution Chemical that regulates circadian rhythm identified Here's how you can shoot the perfect free throw Meet Liam Gallagher, the footie star Gerard Butler desperate to remain true to his Scottish roots Thandie Newton fell in love with hubby at first sight Russell Brand tired of "Googling" himself Two police officers embark on bicycle rally to spread message of unity

• Now, video game that improves intelligence
• Chemicals used in industrial applications may affect cholesterol levels
• How to include aging population in the technology revolution
• Chemical that regulates circadian rhythm identified
• Here's how you can shoot the perfect free throw

• बीकानेर महापौर चुनावः एक विश्लेषण
• Deepawali: The Festival Of Lights
• Nine tips for nine nights
• need new prevention tech for HIV, other STIs and UP
• "Good health is India's basic need": Easier said than done Mr Prime Minister!