Search For "revenue"
GST issue: Mamata Banerjee writes to PM Modi for intervention
Updated : 5 years, 6 months ago IST
Kolkata (West Bengal) [India], September 2 (ANI): West Bengal Chief Minister Mamata Banerjee on Wednesday wrote a letter to the Prime Minister Narendra Modi on Centre's failure to pay Goods and Services Tax (GST) dues to states citing revenue shortfall, and urged him to "intervene" on the ma
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Short payment time frame for AGR dues may dent telecom industry structure:
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 2 (ANI): The relatively shorter payment timeframe for telecom operators to repay AGR dues exerts additional pressure on their cash flows and necessitates sizeable average revenue per user (ARPU) increase that can have an impact on the industry structure, according to i
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Jubilant FoodWorks Q1 loss at Rs 73 cr as sales crash in COVID-19 lockdown
Updated : 5 years, 6 months ago IST
Noida (Uttar Pradesh) [India], September 2 (ANI): Food services major Jubilant FoodWorks which operates Domino's Pizza and Dunkin' Donuts chain in India on Wednesday reported a loss of Rs 73 crore in the first quarter of current fiscal as COVID-19 lockdown closed businesses and consumer dema
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Vodafone Idea board to meet on September 4 to consider fund-raising
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): As the Supreme Court allowed telecom operators 10 years for staggered payment of adjusted gross revenue (AGR)-related dues, Vodafone Idea said its board of directors will meet on September 4 to consider proposals for fund-raising.
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Sluggish improvement in global air passenger demand continues in July: IAT
Updated : 5 years, 6 months ago IST
Geneva [Switzerland], September 2 (ANI): The International Air Transport Association (IATA) has said that global air passenger demand in July measured in revenue passenger kilometres continued at critically low levels -- 79.8 per cent below July 2019 levels.
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Options given for bridging GST revenue shortfall will put onerous burden o
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Delhi Chief Minister Arvind Kejriwal on Tuesday wrote a letter to Prime Minister Narendra Modi stating that the two options that have been given to states by the Finance Ministry to make up for shortfall in the goods and services tax (GST) compensation c
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Gross GST collection in August at Rs 86,449 crore: Finance Ministry
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in the month of August is Rs 86,449 crore, including Rs 15,906 crore in CGST, Rs 21,064 crore in SGST, Rs 42,264 crore in IGST and and Rs 7,215 crore in Cess, the Union Ministry of Finance said on
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'Gravity Ecommerce' bridging local businesses to global customers
Updated : 5 years, 6 months ago IST
New Delhi [India], Sept 1 (ANI/NewsVoir): Gravity Ecommerce is a new-age consultancy firm that is helping product manufacturers and sellers of diverse categories and sizes to garner maximum revenue through optimal online targeting.
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Supreme Court grants telecom companies 10 years to pay AGR dues
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 1 (ANI): The Supreme Court on Tuesday granted telecom companies, including Airtel Bharti and Vodafone Idea, a period of 10 years to clear their pending adjusted gross revenue (AGR) dues to the Central government.
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Morepen Labs' net profit rises by 153 per cent led by strong API business
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI/NewsVoir): Morepen Laboratories Ltd, a leading API player in regulated markets, has reported a sharp upsurge of 153 per cent in its Net Profit (Consolidated) at Rs 19.37 crore in the first Quarter (Q1) of FY 2020-21 ended June 30th, 2020.
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Morepen Labs clocks Q1 net profit at Rs 19 cr, announces Rs 178 cr expansi
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): Morepen Laboratories on Monday reported a sharp upsurge of 153 per cent in its consolidated net profit at Rs 19.37 crore in the quarter ended June as net revenue rose by 27 per cent at Rs 259 crore.
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Clothing major Arvind posts Q1 loss at Rs 97 cr as sales plunge
Updated : 5 years, 6 months ago IST
Ahmedabad (Gujarat) [India], Aug 31 (ANI): Textiles and clothing major Arvind Ltd on Monday posted a consolidated loss of Rs 97 crore in the April to June quarter as compared to a profit of Rs 24 crore in Q1 FY20.
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