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Performance of the Private Corporate Business Sector during First Quarter of 2013-14 Data Release

The Reserve Bank of India today released, on its website, the data on the performance of non-financial private corporate business sector during first quarter of 2013-14 (April-June 2013). The data compiled are based on the abridged financial results of 2,768 listed non-government non-financial (NGNF) companies. To enable comparison, similar data pertaining to Q4:2012-13 and Q1:2012-13 are also… Read More

Tags: BusinessEarnings before interest taxes depreciation and amortizationEBITDAfinanceNet profitProfit marginReserve Bank of IndiaUnited States

Spending on Corporate Social Responsibility by Companies

There is no provision for Corporate Social Responsibility (CSR) spending by companies in the present company law i.e. Companies Act, 1956. However, the new Companies Bill, 2012 has a provision of CSR under Clause 135 which states that every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore… Read More

Tags: Billcorporate social responsibilityCSRLok SabhaMinistry of Corporate AffairsNet profitSachin PilotThe Companies Act 1956

Railway Revenue Earnings up by 10.74 Per Cent During April – July 2013

The total approximate earnings of Indian Railways on originating basis during 1st April to 31st July 2013 were Rs. 44260.16 crore compared to Rs. 39969.24 crore during the same period last year, registering an increase of 10.74 per cent. The total goods earnings have gone up from Rs. 27924.26 crore during 1st April 31st July… Read More

Tags: April-July 2013Bombay Stock ExchangeConferencesFiscal yearIndian RailwaysNet profitPercentageRupee

Performance of the Private Corporate Business Sector during Fourth Quarter of 2012-13 – Data Release

The Reserve Bank of India today released, on its website, the data on the performance of non-financial private corporate business sector during fourth quarter of 2012-13 (January-March 2013). The data compiled are based on the abridged financial results of 2,686 listed non-government non-financial (NGNF) companies. To enable comparison, similar data pertaining to Q3:2012-13 and Q4:2011-12 are also presented.… Read More

Tags: AmortizationDepreciationEarnings before interest and taxesEarnings before interest taxes depreciation and amortizationEBITDAfinanceNet profitReserve Bank of India

SJVN Board recommends enhanced dividend to shareholders for 2012-13

The SJVN Board of Directors have recommended enhanced dividend to its shareholders for the financial year 2012-13. The net dividend pay out (excluding taxes) works out to Rs. 397.12 crore against Rs 388.84 crore paid for the financial year 2011-12. The dividend amounts to Rs 0.96 on a share of Rs. 10 each against Rs.0.94… Read More

Tags: Fiscal yearGovernment of IndiaHimachal PradeshIndiaMaharashtraNet profitVirbhadra SinghWind power

Corporate Social Responsibility and the Existing Companies Law

There is no provision for Corporate Social Responsibility (CSR) spending by companies in the existing Companies law i.e. Companies Act, 1956. However, the Companies Bill, 2012 incorporates a provision of CSR under Clause 135. Giving this information in written reply to a question in the Rajya Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said… Read More

Tags: Businesscorporate social responsibilityCSRNet profitRajya SabhaRupeeSachin PilotShri Sachin Pilot

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