no difference
As of now, there are 7 Maharatna and 14 Navratna category companies in India
No. It is a Navratna PSU
The term "Maharatna" in India is given to designate a public sector undertaking (PSU) that meets certain criteria set by the government. It signifies a PSU's exceptional performance and significant contribution to the Indian economy. The term "Maharatna" is derived from the Hindi word "Maharath," which means a great warrior or champion, indicating the PSU's prestigious status and highest level of recognition.
Contact the Insurance Commissioner, they probably had the company taken over by another company.
No. It can be wound up. In India, only individuals can be declared insolvent.
Yes, once a dividend is declared by a company's board of directors, it becomes a liability on the company's balance sheet, even if it has not yet been paid. This liability reflects the company's obligation to distribute the declared amount to shareholders. If the dividend is not paid, it remains a liability until it is settled or canceled, impacting the company's financial statements.
As on date - only 7 Companies have the Mahartna Status in India
Any PSU Company that is already in the Navratna Status and meets the following additional conditions can be categorized as the most elusive Maharatna Company... 1. Listed on the Indian stock exchange, with a minimum prescribed public shareholding under SEBI regulations 2. An average annual turnover of more than Rs. 20,000 crore during the last three years 3. An average annual net worth of more than Rs.10,000 crore during the last three years 4. An average annual net profit of more than Rs. 2,500 crore during the last 3 years
The company declared bankruptcy in 1982.
no
The insurance company. They have in theory bought the car or what was left of it.