Search For "revenue loss"
Kerala tourism industry likely to lose Rs 20,000 cr this year due to COVID
Updated : 5 years, 12 months ago IST
Thiruvananthapuram (Kerala) [India], Mar 22 (ANI): The Confederation of Kerala Tourism Industry (CKTI) estimates that the State's tourism industry will witness a revenue loss to the tune of Rs 20,000 crore this year due to the impact of COVID 19. The tourism industry body has demanded a revi
Read More
Coronavirus: KSRTC suffers huge revenue loss
Updated : 6 years ago IST
Bengaluru (Karnataka) [India], Mar 19 (ANI): In the backdrop of coronavirus pandemic, Karnataka State Road Transport Corporation (KSRTC) has reported huge revenue losses in March.
Read More
Coronavirus to rob business travel sector off $820 billion: GBTA
Updated : 6 years ago IST
Alexandria (Virginia) [USA], Mar 11 (ANI): The coronavirus (COVID-19) continues to impact the global business travel industry which is expected to suffer a revenue loss of 820.7 billion dollars, according to the latest research conducted by the Global Business Travel Association (GBTA).
Read More
IATA updates Covid-19 financial impact, says relief measures needed
Updated : 6 years ago IST
Singapore, Mar 5 (ANI): The International Air Transport Association (IATA) on Thursday updated its analysis of the financial impact of novel coronavirus (COVID-19) public health emergency on the global air transport industry.
Read More
COVID-19 cuts aviation demand and revenues: IATA
Updated : 6 years ago IST
New York [USA], Feb 21 (ANI): The International Air Transport Association (IATA) has announced that its initial assessment of the impact of Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13 per cent full-year loss of passenger demand for carriers in the Asia Pacific region.
Read More
Govt abolishes DDT, pegs revenue loss at Rs 25,000 crore
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman on Saturday announced the abolition of dividend distribution tax (DDT), a move that will result in revenue foregone to the tune of Rs 25,000 crore.
Read More
India lost $13 billion in revenue collections due to trade misinvoicing: G
Updated : 6 years, 9 months ago IST
.Washington DC [United States], June 4 (ANI): Potential tax revenue losses to the Indian government due to trade misinvoicing are estimated at 13 billion dollars in 2016, according to a study by think-tank Global Financial Integrity (GFI).
Read More
HCL Infosystems reports revenue of Rs 4,340 crore in FY19
Updated : 6 years, 9 months ago IST
New Delhi [India], May 30 (ANI): HCL Infosystems said on Thursday its revenue in 2018-19 moved up to Rs 4,340 crore from Rs 3,565 crore in the previous fiscal.
Read More
Debt-ridden IMFA suffers loss of Rs 74 crore in Q4 of FY 19
Updated : 6 years, 10 months ago IST
Bhubaneswar (Orissa) [India], May 18 (ANI): Debt-laden Indian Metals and Ferro Alloys (IMFA) reported on Saturday revenue of Rs 434 crore in fourth quarter (January to March) of 2018-19 compared to Rs 443 crore in the year-on period.
Read More
Afghanistan faces massive revenue loss due to Pakistan airspace closure
Updated : 6 years, 11 months ago IST
Kabul [Afghanistan], Apr 8 (ANI): The Civil Aviation Authority of Afghanistan on Monday said that the country has suffered an estimated revenue loss of around USD eight million in more than a month pertaining to closure of Pakistan's airspace.
Read More
A bad news for restaurant owners!
Updated : 7 years, 11 months ago IST
Washington D.C. [U.S.A.], Apr 16 (ANI): Turns out, restaurant and fast-food joint owners are at the risk of a heavy loss.
Read More
Compensation for GST losses to impart certainty to state budgeting, says I
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 7 (ANI): Credit rating agency ICRA on Tuesday released its view on the draft compensation norms for revenue losses related to the transition to the much-awaited goods and services tax (GST) would impart an element of certainty for budgeting at the state level, given th
Read More