Benares HotelsStandalone Quarterly Resultsin Rs. Cr.Dec'19Sep'19Dec'18Net Sales/Income from operations21.2611.2218.00Other Operating Income------Total Income From Operations21.2611.2218.00EXPENDITUREConsumption of Raw Materials1.891.221.63Purchase of Traded Goods------Increase/Decrease in Stocks------Power & Fuel----1.27Employees Cost2.812.882.68Depreciation1.611.501.32Excise Duty------Admin. And Selling Expenses------R & D Expenses------Provisions And Contingencies------Exp. Capitalised------Other Expenses7.635.275.96P/L Before Other Inc. , Int., Excpt. Items & Tax7.330.355.15Other Income0.010.010.09P/L Before Int., Excpt. Items & Tax7.340.365.23Interest0.310.270.30P/L Before Exceptional Items & Tax7.030.084.93Exceptional Items------P/L Before Tax7.030.084.93Tax1.79-0.571.37P/L After Tax from Ordinary Activities5.240.653.56Prior Year Adjustments------Extra Ordinary Items------Net Profit/(Loss) For the Period5.240.653.56Equity Share Capital1.301.301.30Reserves … [Read more...] about Benares Hotels Standalone December 2019 Net Sales at Rs 21.26 crore, up 18.14% Y-o-Y
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One other curious part of the design is the shape. McDonald’s famously uses “bell, ball, bone and boot” molds in their nugget designs, to create a sensation somewhere between chicken as factory-processed food and unique, organic snowflakes. For KFC’s Beyond Fried Chicken, each chunk of chicken has a geometry that’s tougher to describe. I jot down the term “warbly square” in my notes. Some pieces look like wing flats. Others look like a sort of fried tamagotchi keychain. … [Read more...] about KFC’s Beyond Meat chicken is a damn miracle
Q: What is the interaction of the Audit Committee with other Board members?A: After the full audit committee meeting comes the Board meeting. Invariably, what happens is that where compliance, governance and numbers are concerned the Audit Committee is doing most of the heavy lifting for the Board.In all the Boards, I always invite all other directors to join the Audit Committee if they have the time. And many of them do, especially if it is a finance-oriented organisation. Not everyone joins in because many members cannot come the day before. So that is the process that I follow in an audit committee. … [Read more...] about What is a good way to run an Audit Committee?
A: Regulation only pushes you to a certain extent. How you manage the spirit of the regulation is important. This is reflected in all facets of life, not just in the corporate sector. We are good at following the letter of the law, but the spirit does not come to us naturally. We have come a long way, but progress is slow. These things take time. So, I am optimistic. … [Read more...] about CFOs must be made legally liable in case of outright fraud: Prabal Basu Roy
Nearly 52 countries have adopted such a refund mechanism. It has been noted that such a scheme helps in attracting tourists and is in line with the avowed objectives of the GST regime of zero rating of goods for exports and Make in India initiative. Presently section 15 of the IGST Act has not been enacted. This provides the power of refund of the integrated tax paid on supply of goods to tourists leaving India. … [Read more...] about 2020 promises key GST milestones