Exclusive

 

Mallya offers to settle dues, banks await more clarity

Mar 10 2017

The embattled liquor baron Vijay Mallya once again offered to settle his Rs 9,000 crore debt with lenders.

Exclusive: New 1,000 note in the offing?

Jan 18 2017

The specifications and security features of the new Rs 1,000 note have been finalised.

Exclusive - Dhampur Sugar Mills under tax net

Jan 11 2017

The I-T Department has conducted survey at the corporate office of Dhampur Sugar Mills in New Delhi between January 4 and January 7.

Demonetisation a big bold step, Budget must roll out stimulus

Dec 27 2016

Reliance Capital chief investment strategist Madhusudan Kela says government is in a “sweet spot” and has space to roll out stimulus in the Budget.

Month after demonetisation, Rs 15,150 cr of new Rs 500 notes printed

Dec 22 2016

Scarcity of new Rs 500 notes was due to the fact that final decision to print large volumes was only taken after Nov 8.

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Stocks In News

 

NEW INDIA ASSURANCE Q2 REVIEW

PAT at Rs 748 Cr Vs Rs 260 Cr, up 187%

Gross Premium written at Rs 6489 Cr Vs Rs 5784 Cr, up 12.18%

Solvency Margin at 2.24x Vs 2.04x

CARE RATINGS Q2 REVIEW

Revenue From Ops at Rs 91 Cr Vs Rs 81 Cr, Up 12.4% YoY

PAT at Rs 48.3 Cr Vs Rs 47.4 Cr, Up 2% YoY

Operating Profit up 10.5%

Addition of 1077 new clients 2410 issue rated during the quarter

WONDERLA HOLIDAYS Q2 REVIEW

Net Sales down 0.6% at Rs 51.2 Cr Vs Rs 51.4 Cr

EBITDA up 9% at Rs 12.9 Cr Vs Rs 11.8 Cr

EBITDA Margin at 25.2% Vs 23%

Net Profit down 38% at Rs 2.3 Cr Vs Rs 3.7 Cr

Tax rate at 35% Vs 3.8%

All numbers compared on YoY unless specified otherwise 

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