Singapore, Aug 21 (ANI): Fitch Ratings expects India's electricity demand to drop by 4 per cent during the financial year ending March 2021 given the expectations of only a gradual pick-up in economic activity since pandemic-related lockdowns were relaxed in June.
Mumbai (Maharashtra) [India], Aug 20 (ANI): India's first listed infrastructure investment trust IRB InvIT on Thursday reported a gross income of Rs 198 crore in the quarter ended June, down from Rs 323 crore in the same period of the previous financial year.
Mumbai (Maharashtra) [India], Aug 17 (ANI): Coal prices are likely to be subdued in the current financial year on the back of low power demand and piling inventory at power stations, India Ratings and Research (Ind-Ra) said in its first edition of credit news digest published on Monday.
Mumbai (Maharashtra) [India], Aug 15 (ANI): The revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) margin of engineering, procurement and construction (EPC) companies will decline around 15 per cent year-on-year in the current financial year as COVID-19 led l
Hyderabad (Telangana) [India], Aug 15 (ANI): Price Waterhouse Chartered Accountants, the auditor of GVK Infrastructure, has resigned citing lack of information provided by the company to prepare financial statement for the financial year 2019-20.
New Delhi [India], Aug 14 (ANI): Union Finance Minister Nirmala Sitharaman on Friday held the third review meeting of seven CPSEs (Central Public Sector Enterprises) on capital expenditure in this financial year.
Mumbai (Maharashtra) [India], Aug 13 (ANI): Aditya Birla Fashion and Retail on Thursday reported a net loss of Rs 410 crore in the first quarter of the current financial year against a profit of Rs 22 crore in the year-ago period.
New Delhi [India], Aug 10 (ANI): Nucleus Software has posted a net profit after tax of Rs 36 crore on a consolidated revenue at Rs 128 crore in the first quarter of the current financial year.
Mumbai (Maharashtra) [India], Aug 8 (ANI): Private sector lender DCB Bank on Saturday reported a marginal decline in its net profit for Q1 FY21 at Rs 79 crore as compared to Rs 81 crore in the same period of last financial year.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Air conditioning and commercial refrigeration major Blue Star on Thursday reported a net loss Rs 19.6 crore in the first quarter of the current financial year as compared to a net profit of Rs 76.8 crore in Q1 FY20.
Bhubaneswar (Odisha) [India], Aug 2 (ANI): Despite intermittent lockdown and sub-optimal functioning of many of the sectors in the economy due to the ongoing COVID-19 pandemic, Odisha has witnessed a positive growth rate of State GST collection for the first time during the current financia
Chennai (Tamil Nadu) [India], Aug 1 (ANI): Water technology major Va Tech Wabag on Saturday reported consolidated revenue of Rs 2,557 crores in the financial year ended March as compared to Rs 2,781 crores in FY19.