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Sunday, July 22, 2018
July 22, 2018 1:31:07 am

The net profit was supported by lower tax outgo of Rs 59.66 crore compared with Rs 96 crore a year ago. The company’s plant load factor (PLF) from coal-based power plants barring 3,960-Mw Sasan Ultra Mega Power Project (UMPP), dropped in April-June quarter.

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July 22, 2018 1:29:06 am

Gross non-performing assets were at 1.33 per cent of gross advances as of June 2018 as against 1.30 per cent as of March 2018 and 1.24 per cent as of June 2017.

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July 22, 2018 5:05:24 am

For the six – Flipkart, Snapdeal, Paytm, Ola, Zomato and the latest entrant Swiggy – it was the quest for capital to scale their businesses that was easily available from entities across the border that had the founders dilute their stakes in their ventures.

Pradhan Mantri Fasal Bima Yojana: Govt to set new guidelines for crop insurance scheme
July 22, 2018 1:21:22 am

January 31, 2019 has been fixed as the deadline for settlement of claims from Kharif in 2017, said the official who was participating in a seminar on ‘Sustainable agriculture insurance’ organised by GIC Re.

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July 21, 2018 1:38:10 am

The CAG, in its report for the year ended March 2017, has stated that while the introduction of the flexi-fare system in premium trains — Rajdhani, Shatabdi and Duronto — has led to an increase in passenger earnings.

Scared if there is a threat to our lives: families tell court
July 21, 2018 1:37:45 am

While the HC has stayed the April 13 order of the trial court that approved issuance of LR to Guernsey, it has directed both Birla and the I-T department to appear before the trial court on August 1.

July 21, 2018 1:33:31 am

The company reported a net profit of Rs 2,093 crore while consolidated revenues stood at Rs 14,827 crore, registering a sequential growth of 3.6 per cent. The company’s flagship IT services revenues stood at Rs 13,700 crore.

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July 21, 2018 1:26:45 am

The total weight of the equipment for KKNPP Unit 3 is more than 1000 tonnes. In total, there will be eight sets of Moisture Separator Reheaters and High Pressure Heaters.

July 21, 2018 1:26:14 am

The government also plans to establish India as a global hub for cloud computing, content hosting and delivery, for which the National Digital Communications Policy moots evolving regulatory frameworks for promoting the establishment of international data centres.

On June 21, RBI had issued a circular mandating control measures for ATMs and also to reconfigure the machine cassettes to accommodate the new set of banknotes coming to the markets.
July 21, 2018 12:13:20 pm

The dilemma that banks and ATM service providers will face is that new and old Rs 100 notes will be in circulation at the same time.

Sebi plans rules to bring CAs, company secys under ambit
July 21, 2018 1:10:41 am

PACL had submitted a proposal to the committee to recover over Rs 15,000 crore in two years. According to the proposal, the company offered to bring in buyers to purchase its assets for a total consideration of at least Rs 15,000 crore.

July 21, 2018 3:39:08 pm

According to a market intermediary, considering both the pros and cons associated with old plants, it is best to leave it to the beneficiaries to decide whether it is a feasible source of supply or not.

A lynching in Digital South
July 21, 2018 1:00:24 am

The Centre’s notice came four days after a software engineer was lynched by a mob over child lifting rumours that were spread on the social media, including WhatsApp, in Bidar in Karnataka.

July 21, 2018 5:33:20 am

The Indian Express had reported on July 6 about the sharp downward revision in the EPFO net enrolment numbers, which were the basis for an ‘independent’ study released earlier this year that the government had cited as an indicator of buoyancy in formal job creation.

What TRAI’s data privacy blueprint recommends — and where it is silent
July 20, 2018 3:30:48 am

The citizens requested the disclosure of the committee meeting dates, agenda, minutes, correspondences, presentations, and invited experts, as well as the responses to the released White Paper.

July 20, 2018 3:26:26 am

The current round seeks to give licences for 86 GAs to sell compressed natural gas (CNG) and piped cooking gas.

July 20, 2018 11:42:16 am

The new Rs 100 note follows, new notes in denomination of Rs 10, Rs 50 and Rs 500.

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July 20, 2018 3:21:37 am

The SME book stood at Rs 18,000 crore or 10 per cent of the overall book and bad loans from this segment have shot up to 5 per cent against an overall 2.17 per cent. This has forced the lender to go slow on extending loans to this sector.

Kerala real estate rules line up tough penalties for errant developers
July 20, 2018 3:18:03 am

With home-buyers getting the status of financial creditors under the Insolvency and Bankruptcy Code, the chances of developers getting dragged to the National Company Law Tribunal have multiplied, according to some developers.

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July 20, 2018 3:13:00 am

The Indian currency’s fall on Thursday was the biggest single-day fall since May 29. The last time the rupee hit an all-time closing low of 68.9413 was on July 5. It touched all-time intra-day low of 69.09/10 on June 28.