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Premature to assess impact of demonetisation on growth: Nirmala

Dec 05 2016

Commerce Minister Nirmala Sitharaman says all the two lakh ATMs in the country will be functional soon.

‘Honest taxpayers don’t have to worry at all on the black money curbs’

Nov 29 2016

Prabhu says the government may now step up spending in the Budget to spur demand.

Prabhu hints at hike in govt spending in Budget to spur demand

Nov 29 2016

Prabhu says government needs to continue filling in the gaps in spending.

RBI moving towards “normal” rates that will spur growth: Gulabchand

Oct 06 2016

HCC chairman Gulabchand says private investment is not picking up due to a host of reasons including over-capacity and high-leverage.

GST, Aadhaar among the 10 reforms India must focus on: Gita Gopinath

Oct 06 2016

Gita Goinath says the newly appointed MPC has brought India's policy setting procedure to international level.

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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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