According to the Doing Business 2020, the economies with the most significant improvement were Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India and Nigeria. In 2018/19, these countries implemented one-fifth of all the reforms recorded across the globe. … [Read more...] about World Bank halts publication of ‘Doing Business’ report after probe into data irregularities
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ICICI SecuritiesVEL is a Tier I auto ancillary player which has a wide range of products catering to diverse customers and geographies. Pedigree management, strong growth opportunities and decent return ratio (around 16 percent) remains a key positive. The share is undervalued at 29 times FY18 earnings per share compared to some of its peers. Longer term investors can subscribe to this issue. … [Read more...] about Varroc Engineering IPO: Brokerages advice subscribe, should you?
This was completed before the August 31 deadline set by the Directorate General of Civil Aviation (DGCA), sources told Mint. One source added that the Wadia Group-led GoAir – which is also due to replace the engines is unlikely to complete the process in time. … [Read more...] about IndiGo completes replacement of Pratt & Whitney engines in Airbus A320neo fleet: Report
For the first time, 63 Indian universities have qualified for the 17th edition of the Times Higher Education World University Rankings. Last year, 56 Indian universities had qualified for the same. This is the maximum number of universities that have qualified from any country or region. … [Read more...] about 63 Indian universities join Times Higher Education World University Rankings 2021
Varroc EngineeringStandalone Quarterly Resultsin Rs. Cr.Mar'20Dec'19Mar'19Net Sales/Income from operations520.05570.62613.75Other Operating Income------Total Income From Operations520.05570.62613.75EXPENDITUREConsumption of Raw Materials340.17369.50409.66Purchase of Traded Goods------Increase/Decrease in Stocks-8.46-8.41-2.23Power & Fuel------Employees Cost54.1150.8957.08Depreciation34.9133.3728.65Excise Duty------Admin. And Selling Expenses------R & D Expenses------Provisions And Contingencies------Exp. Capitalised------Other Expenses95.8290.53105.45P/L Before Other Inc. , Int., Excpt. Items & Tax3.5034.7415.14Other Income40.358.239.49P/L Before Int., Excpt. Items & Tax43.8542.9624.63Interest11.319.689.45P/L Before Exceptional Items & Tax32.5433.2815.18Exceptional Items------P/L Before Tax32.5433.2815.18Tax0.179.786.89P/L After Tax from Ordinary Activities32.3723.508.29Prior Year Adjustments------Extra Ordinary Items------Net Profit/(Loss) For the … [Read more...] about Varroc Engineer Standalone March 2020 Net Sales at Rs 520.05 crore, down 15.27% Y-o-Y