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The payment is based on an agreement signed in 2016 by PDVSA and ONGC Videsh, the overseas investment arm of India's Oil and Natural Gas Corp <ONGC.NS>, to repatriate about $530 million in ...
WASHINGTON/NEW DELHI (Reuters) - Venezuela's state-run PDVSA has shipped a crude cargo valued at $35 million as partial payment to Indian oil company ONGC Videsh Ltd for overdue dividends from a ...
ONGC is the top employer in the energy sector in India, in the Randstad Awards 2013. [49] ONGC was one of 12 winners of the 'Golden Peacock Award 2014' for its corporate social responsibility practices, [50] and one of 24 winners of the 'Golden Peacock Award 2013' in the occupational safety and health category. [51]
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
It is relatively common for a share's price to decrease on the ex-dividend date by an amount roughly equal to the dividend being paid, which reflects the decrease in the company's assets resulting from the payment of the dividend. Book closure date – when a company announces a dividend, it will also announce the date on which the company will ...
However, dividends or distributions of more than 25% are subject to 'special' rules for ex-dividend dates. The major difference here is that for these larger distributions or dividends, the ex-dividend date is set as the day after payment (with the day of payment being the "payment date"). [4] For these larger 'special dividends', the ex ...
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