However, there are certain stand-out features of the Q2 numbers that merit attention. The July-September 2020 quarter was one that had the benefit of the moratorium. This might have helped some smaller companies. For instance, while the absolute interest payment of all listed companies as well as the companies belonging to the Nifty index was more or less flat, for smaller companies represented by the BSE Small Cap index there was a YoY decline in interest expenses by over 8 percent. This could have been because of the moratorium benefit. … [Read more...] about Is the recovery here to surprise us quarter after quarter?
Quarter profit and loss statement template
For instance, Brown points to President Obama’s clemency program that is meant to commute the sentences of prisoners who received harsh time during the height of the nation’s war on drugs. The idea is to get these people back in society, yet society isn’t willing to give them the opportunity to work, she says. While some of the formerly incarcerated are fortunate enough to get jobs in the nonprofit sector or government, or they become motivational speakers, says Brown, many are still left jobless. She says large corporations need to “effectively stand up” and invest in their success. … [Read more...] about Business Leaders Share Their Biggest Concerns About The Future Of Business
For Mindtree, both deal wins as well as the pipeline of deals remains strong. At the end of FY18, the pipeline of deals overall was 32 percent higher than previous fiscal with the pipeline of digital much higher at around 66 percent. The company expects a better win ratio in deals and the high customer satisfaction ratings too points to a better future. … [Read more...] about Mindtree: How should investors read into the possible change in control?
The global research firm has retained buy on the stock with a target of Rs 140 per share. The company has started leading the RE space, winning 44 percent of 1.1 GW in tenders. The win should add 9 percent to the company's RE portfolio and could earn 11.4 percent equity IRR. This should address its growth and energy mix concerns, according to a CNBC-TV18 report. … [Read more...] about NTPC share price gains after CLSA maintains buy rating
However, Alex Cobham, CEO of the Tax Justice Network was emphatic that “minimising Indian tax revenues is not a justification.” Cobham pointed out Sunak’s complicity adding: “India needs its tax revenues for schools and hospitals. We must hope that the chancellor himself is committed to the progressive taxation of wealth and top incomes, or the UK will only see the deepening of the stark individual, racial, gender and regional inequalities that the pandemic has laid bare.” … [Read more...] about Explainer | Why is Akshata Murthy’s wealth controversial?