Rs 500 Crore Loss
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Airlines To Face Fresh Turbulence As Passenger Growth Slows, Costs Rise: Ratings Agency
India's aviation sector is bracing for a challenging year ahead, with credit rating agency ICRA (Investment Information and Credit Rating Agency) projecting the industry's net losses at Rs 9,500-10,500 crore in the current financial year.
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Himachal Pradesh Suffers Losses Of Over Rs 1500 Crore During Ongoing Monsoon Season
Since the onset of monsoon in the state on June 20 till date, Himachal Pradesh has suffered losses of over Rs 1,500 crores, officials said on Sunday.
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6 Real Climate Shocks India Faced This Year
Extreme weather events and related impacts are becoming increasingly common, leading to loss of life and property.
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Manipur Lost Rs 500 Crore Revenue Due To Violence: Chief Minister
The Manipur government in its Budget for fiscal 2025 has allocated Rs 2,900 crore to strengthen the state police. It also reported a revenue loss of Rs 500 crore in the last fiscal due to the ethnic violence.
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Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
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Maharashtra Releases Rs 1,500 Crore Aid For Farmers Who Suffered Crop Loss
The Maharashtra government on Wednesday announced the release of a fresh tranche of financial assistance to the tune of Rs 1,500 crore for farmers who lost their crops due to heavy rains during the 2022 monsoon season.
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After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
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Supertech Says It Lost Rs 500 Crore In Demolition Of Noida Twin Towers
Realty firm Supertech Ltd has incurred a loss of about Rs 500 crore, including construction and interest costs, because of the demolition of its twin towers in Noida, the company's chairman RK Arora said on Sunday.
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Budget For Tourism Ministry Slashed By 19%, Industry "Disappointed"
The budgetary allocation for the ministry of tourism has been slashed from Rs 2,500 crore in 2020-21 to Rs 2026.77 crore this year, in a blow to the tourism industry which is reeling from huge losses due to the coronavirus crisis.
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Damage Due To Floods, Rain In Madhya Pradesh Amount To Rs 9,500 Crore: Shivraj Chouhan
Heavy rains and floods have resulted in a loss of Rs 9,400 crore to Madhya Pradesh, Chief Minister Shivraj Singh Chouhan on Friday told a central team, which is in the state to assess the damage.
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Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
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Cost of Delay In Jammu Kashmir Local Polls 4,500 crore: Officials
A delay in holding local body elections in Jammu and Kashmir will lead to a loss of almost Rs 4,500 crore. This is the reason home ministry officials are citing for pushing ahead with the plans to hold urban local body elections in the state. A final decision, however, is pending.
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Goa Staring At Rs 3,500 Crore Loss Due To Top Court's Mining Order: Minister
Goa is staring at a revenue loss of Rs 3,500 crore annually and downscaling of nearly two lakh jobs following a Supreme Court order over non-renewal of iron ore mining leases in the state, a minister has said.
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FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
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Videocon Likely To Sue Centre For Rs 10,000 Crore After 2G Verdict
Videocon Telecommunications is planning to file a compensation claim of over Rs 10,000 crore against the government after the CBI court acquitted all accused in the 2G spectrum allocation case, news agency PTI reported today quoting an unnamed company source.
-
Airlines To Face Fresh Turbulence As Passenger Growth Slows, Costs Rise: Ratings Agency
India's aviation sector is bracing for a challenging year ahead, with credit rating agency ICRA (Investment Information and Credit Rating Agency) projecting the industry's net losses at Rs 9,500-10,500 crore in the current financial year.
-
Himachal Pradesh Suffers Losses Of Over Rs 1500 Crore During Ongoing Monsoon Season
Since the onset of monsoon in the state on June 20 till date, Himachal Pradesh has suffered losses of over Rs 1,500 crores, officials said on Sunday.
-
6 Real Climate Shocks India Faced This Year
Extreme weather events and related impacts are becoming increasingly common, leading to loss of life and property.
-
Manipur Lost Rs 500 Crore Revenue Due To Violence: Chief Minister
The Manipur government in its Budget for fiscal 2025 has allocated Rs 2,900 crore to strengthen the state police. It also reported a revenue loss of Rs 500 crore in the last fiscal due to the ethnic violence.
-
Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
-
Maharashtra Releases Rs 1,500 Crore Aid For Farmers Who Suffered Crop Loss
The Maharashtra government on Wednesday announced the release of a fresh tranche of financial assistance to the tune of Rs 1,500 crore for farmers who lost their crops due to heavy rains during the 2022 monsoon season.
-
After Twin Towers Demolition, Supertech Eyes New Project On Noida Site
Realty firm Supertech Ltd, which incurred a loss of about Rs 500 crore from the demolition of its twin towers, wants to develop a new housing project at the same place.
-
Supertech Says It Lost Rs 500 Crore In Demolition Of Noida Twin Towers
Realty firm Supertech Ltd has incurred a loss of about Rs 500 crore, including construction and interest costs, because of the demolition of its twin towers in Noida, the company's chairman RK Arora said on Sunday.
-
Budget For Tourism Ministry Slashed By 19%, Industry "Disappointed"
The budgetary allocation for the ministry of tourism has been slashed from Rs 2,500 crore in 2020-21 to Rs 2026.77 crore this year, in a blow to the tourism industry which is reeling from huge losses due to the coronavirus crisis.
-
Damage Due To Floods, Rain In Madhya Pradesh Amount To Rs 9,500 Crore: Shivraj Chouhan
Heavy rains and floods have resulted in a loss of Rs 9,400 crore to Madhya Pradesh, Chief Minister Shivraj Singh Chouhan on Friday told a central team, which is in the state to assess the damage.
-
Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
-
Cost of Delay In Jammu Kashmir Local Polls 4,500 crore: Officials
A delay in holding local body elections in Jammu and Kashmir will lead to a loss of almost Rs 4,500 crore. This is the reason home ministry officials are citing for pushing ahead with the plans to hold urban local body elections in the state. A final decision, however, is pending.
-
Goa Staring At Rs 3,500 Crore Loss Due To Top Court's Mining Order: Minister
Goa is staring at a revenue loss of Rs 3,500 crore annually and downscaling of nearly two lakh jobs following a Supreme Court order over non-renewal of iron ore mining leases in the state, a minister has said.
-
FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
-
Videocon Likely To Sue Centre For Rs 10,000 Crore After 2G Verdict
Videocon Telecommunications is planning to file a compensation claim of over Rs 10,000 crore against the government after the CBI court acquitted all accused in the 2G spectrum allocation case, news agency PTI reported today quoting an unnamed company source.
