Tuesday, August 9, 2022

Financial/Policy News


UltraTech Cement’s another stellar performance in Q1 FY22

UltraTech Cement Limited, an Aditya Birla Group company today announced its financial results for the quarter ended 30th June, 2021. COVID-19 After a rapid recovery from...
Ansal Phalak- Constrofacilitator

Ansal Phalak Infra refunds buyer’s with interest

NEW DELHI: The Ansal Phalak Infrastructure has been ordered by National Consumer Redressal Commission (NCDRC) to refund Rs 50.94 lakh along with 12% interest...
Government- Constrofacilitator

Government looks to cut GST rates on automobiles

Government may try and put forth reduction of GST on automobiles amid the continued slump in the industry. The GST on Automobiles is currently...

Prestige Estates posts profit of Rs 1,336 crore in Q4 FY21

Prestige Estates Projects Ltd on Tuesday reported a sharp increase in its consolidated net profit to Rs 1,336.3 crore for the quarter ending March, driven...

JK Lakshmi Cement’s net profit up 61% to Rs 159 crore in Q4 FY21

JK Lakshmi Cement Ltd reported a 61.34 per cent increase in consolidated net profit to Rs 159.13 crore for the fourth quarter ended March 2021,...

Kamdhenu’s profit jumps to Rs 5.58 crore in Q1 FY22

Kamdhenu Ltd reported a more than three-fold jump in its consolidated profit after tax to Rs 5.58 crore in the June quarter, mainly on account...

Orient Cement’s net profit declines 18.9% to Rs 43.7 crore in Q3 FY22

Orient Cement Ltd on Monday reported an 18.9 per cent decline in its net profit to Rs 43.67 crore for the third quarter ended December...

Indian Railways big role in growth of khadi sector

After introducing kulhads serving hot tea and locally produced bed sheets and towels in trains, Indian Railways continues its association with KVIC! Khadi Bhawan, which is...

Unitech to refund over Rs 1 crore to buyer-NCDRC

The National Consumer Disputes Redressal Commission(NCDRC) has asked real estate giant Unitech Limited to refund over Rs 1 crore to a home buyer for failing to...
Income Tax Appellate Tribunal

Holding period of house starts from date of allotment

In a decision that will benefit many taxpayers, the Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that the date of allotment...