Demonetisation: A trial and error method to fight an invisible demon?

 
Demonetisation: A trial and error method to fight an invisible demon?
Demonetisation: A trial and error method to fight an invisible demon?
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Latest Post

 
15 killed in stampede amid food aid distribution in Morocco

15 killed in stampede amid food aid distribution in Morocco

Nov 20 2017

At least 15 people died and five others injured in a stampede during distribution of food aid in Morocco's southern province of Essaouira.

BSE cautions trading members, investors against unsolicited

BSE cautions trading members, investors against unsolicited

Nov 20 2017

BSE has cautioned traders and investors against unsolicited messages being circulated by unregistered entities to induce investment and sale of shares.

Royal Enfield unveils Interceptor, Continental GT 650 in India

Royal Enfield unveils Interceptor, Continental GT 650 in India

Nov 20 2017

The Royal Enfield unveiled its much awaited Interceptor GT 650 and Continental GT 650 in front of hundreds of bike enthusiasts at its annual rider mania here.

'India moves up one notch to 126 in GDP per capita terms'

'India moves up one notch to 126 in GDP per capita terms'

Nov 20 2017

India has moved up one position to 126th in terms of GDP per capita of countries, still ranked lower than all its BRICS peers, as per IMF data.

India not to sell Cairn Energy shares to recover tax

India not to sell Cairn Energy shares to recover tax

Nov 20 2017

The I-T dept will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand

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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EXCLUSIVE ARTICLES

 
Mallya offers to settle dues, banks await more clarity

Mallya offers to settle dues, banks await more clarity

Nov 20 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?

Exclusive: New 1,000 note in the offing?

Nov 20 2017

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

Exclusive - Dhampur Sugar Mills under tax net

Exclusive - Dhampur Sugar Mills under tax net

Nov 20 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

Demonetisation a big bold step, Budget must roll out stimulus

Nov 20 2017

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

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

Nov 20 2017

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