Infrastructure creation in focus, Rs 1.5L cr to be used for installing 25 crore smart pre-paid meters
At Rs 15,835 crore, the capex in May crashed by 41%, partly mirroring the impact of the second Covid wave, even though the April-May data showed a rise of 14%.
Without sharing details over when he expected the ban to be lifted, Rao said within three-four months of the ban getting lifted, one should expect incremental market share back to the pre-ban levels.
In the business-as-usual scenario, the departments are allowed to spend about 25% of their respective BEs in Q2 subject to quarterly and monthly plans approved by the finance ministry. Some departments were even allowed to spend more than 25% in a quarter subject to prior approvals.
he new leadership has infused vigour in execution. And, on the whole, we remain quite positive on the stock over the medium to long term. Maintain ‘buy’ with a revised TP of Rs 880.
MSMEs must be recognised for their job-creation potential than for their efficiency
Bill Cosby was freed from prison and returned home on Wednesday, less than two hours after Pennsylvania's highest court overturned his sexual assault conviction, saying he never should have faced charges after striking a non-prosecution deal with a previous district attorney more than 15 years ago.
Pennsylvania's highest court overturned Bill Cosby's sex assault conviction Wednesday after finding an agreement with a previous prosecutor prevented him from being charged in the case. Cosby has served more than two years of a three- to 10-year sentence at a state prison near Philadelphia.
The company continued to lag on the operational front as well. The revenues declined sharply by nearly 12% on a quarter-on-quarter basis to Rs 9,608 crore, much below analyst expectations of Rs 10,040.50 crore.