The board of directors has recommended a final dividend of Rs 5 per share at 50 per cent. The total amount of final
dividend and tax, including the amount paid as interim dividend, amounts to Rs 1,916 crore.
Rural students and those from poorer socio-economic backgrounds will be unable to compete with urban elite students in such Common Entrance Examinations, which were designed to favour the urban elite, Jayalalithaa said.
The earlier exercise was restricted to people with huge defaults to the tune of about Rs 20-30 crore but the new
measure will bring to the fore those names who have defaulted a tax of Rs 1 crore or more.