Search For "financial year"
MCA directs RoC to accord approval to companies seeking 3 months extension
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The Ministry of Corporate Affairs (MCA) has directed Registrar of Companies (RoC) to accord approval of three months extension to companies who have not able to hold their annual general meetings for the financial year ended March 31.
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Airlines profitability to be eroded due to lower revenues, high fixed cost
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): Domestic air passenger traffic is likely to witness a de-growth of 41 to 46 per cent in the current financial year while international traffic may see a fall of 65 to 72 per cent, according to investment information agency ICRA.
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GIC Re reports Q1 net loss of Rs 497 cr as premiums decline
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 8 (ANI): Government-owned General Insurance Corporation of India (GIC Re) has reported a consolidated net loss of Rs 497 crore in the first quarter of the current financial year as against a net profit of Rs 192 crore in Q1 FY20.
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India's real GDP expected to contract by 5.2 pc in FY21: Motilal Oswal
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): While the real gross domestic product (GDP) contracted by 23.9 per cent and gross value added (GVA) by 22.8 per cent in the first quarter of current financial year, the real GDP turnaround from contraction to growth in late calendar year 20
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Equity indices flat after historic contraction in Q1 GDP
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 1 (ANI): Equity benchmark indices were flat during early hours on Tuesday as official figures released a day earlier showed 23.9 per cent fall in the economy during the first quarter of the current financial year.
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Growth expected in Q2 as worst from Covid-19 over: EY
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 29 (ANI): The first quarter (April to June) is likely to be the worst of current financial year due to economic disruptions caused by Covid-19 pandemic and recovery is expected ahead, global consultancy firm Ernst & Young (EY) has said.
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If need arises, we will take loan, but won't let farmers suffer, says Chha
Updated : 5 years, 7 months ago IST
Raipur (Chhattisgarh) [India], August 28 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel, while replying to the discussion on the state government's first Supplementary Demands for Financial Year 2020-21 in the assembly on Thursday said that his government will not allow the financial situ
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Rajasthan MLAs now entitled to reimbursements for journeys abroad
Updated : 5 years, 7 months ago IST
Jaipur (Rajasthan) [India], Aug 24 (ANI): State Assembly has passed a bill amending Rajasthan Legislative Assembly (Officers and Members Emoluments and Pension) Act, 1956, which makes members of Assembly "entitled to receive reimbursement of the amount equal to the fare of any journey abroad
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States face uncovered losses of Rs 3.1 lakh crore in FY21: SBI report
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): States are likely to face uncovered losses of up to Rs 3.1 lakh crore in the current financial year due to massive disruption caused by COVID-19 pandemic, according to a report by State Bank of India (SBI) released on Monday.
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GAIL's weaker EBIT highlights US LNG price risks: Fitch
Updated : 5 years, 7 months ago IST
Singapore, Aug 24 (ANI): Fitch Ratings says GAIL India Ltd's 82 per cent year-on-year plunge in earnings before interest and taxes (EBIT) to Rs 480 crore in the first quarter of the financial year ending March 2021 was weaker than the agency's expectations and reflects price risks under GAIL
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Odisha: Forest Dept to execute projects worth Rs 602 cr under MGNREGA in 2
Updated : 5 years, 7 months ago IST
Bhubaneswar (Odisha) [India], Aug 22 (ANI): During the financial year 2020-21, the Odisha Forest Department formulated forestry projects of Rs 602 crores which is duly approved by MGNREGA Convergence Committee.
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Indiabulls Housing Finance Q1 profit falls to Rs 273 crore
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Indiabulls Housing Finance on Friday reported a profit after tax of Rs 273 crore in the quarter ended June, down from Rs 790 crore in the same period of the previous financial year.
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