{"id":340635,"date":"2020-03-06T11:01:10","date_gmt":"2020-03-06T05:31:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340635"},"modified":"2020-03-06T11:01:10","modified_gmt":"2020-03-06T05:31:10","slug":"coal-india-has-ability-to-pay-dividend-of-rs-10000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-has-ability-to-pay-dividend-of-rs-10000-crore\/","title":{"rendered":"Coal India has ability to pay dividend of Rs 10,000 crore"},"content":{"rendered":"<p>Kolkata: Coal IndiaNSE -3.58 %\u2019s has the ability to pay a dividend of at least Rs 10,000 crore, higher than the target of Rs 9,000 crore that was set at the beginning of the fiscal year, analysts and experts said.<\/p>\n<p>The company is in talks with the government on this issue, and has called a board meeting on Friday to consider dividend payment. The government will also receive dividend distribution tax.<\/p>\n<p>The government has sold 4.8 per cent stake in the company for Rs 5,700 crore in two tranches and now holds 66.14 per cent in the company. This entitles it to a dividend receipt of about Rs 6,600 crore on a dividend payment of Rs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Coal IndiaNSE -3.58 %\u2019s has the ability to pay a dividend of at least Rs 10,000 crore, higher than the target of Rs 9,000 crore that was set at the beginning of the fiscal year, analysts and experts said. The company is in talks with the government on this issue, and has called a board meeting on Friday to consider dividend payment. The government will also receive dividend distribution tax. The government has sold 4.8 per cent stake in the company for Rs 5,700 crore in two tranches and now holds 66.14 per cent in the company. This entitles [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-340635","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340635"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340635\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}