Directorate of Revenue Intelligence arrests Future Group CFO

The Directorate of Revenue Intelligence (DRI) arrested Dinesh Maheshwari, executive director and CFO of Future Group, he violated import rules.

Budget 2019: Direct tax revenue increases by 78 pc

The direct tax revenue has significantly increased by over 78 per cent from Rs 6.38 lakh crore in 2013-14 to about Rs 11.37 lakh crore in last five years, Finance Minister Nirmala Sitharaman said on Friday.

GST collection dips below Rs 1 lakh crore in June

Gross revenue on account of Goods and Services Tax (GST) totalled Rs 99,939 crore in June, up 4.52 per cent from Rs 95,610 crore in the corresponding period of last year, the Central government said on Monday.

Revenue collections on the up during GST era

GST revenue collections cross Rs 1 lakh crore in May Gross revenue on account of Goods and Services Tax (GST) in May totalled Rs 100,289 crore, up by 6.67 per cent from Rs 94,016 crore in the corresponding period of…

Adani sees strong growth in natural gas segment

Adani Gas revenue in FY 19 up 32 pc at Rs 1,385 crore Adani Gas said on Monday its revenue from operations increased to Rs 1,823 crore in 2018-19, up by 32 per cent from Rs 1,385 crore in the…

Fortis in recovery mode from heavy losses in FY18

Fortis lowers net loss in FY 19 to Rs 224 crore from Rs 934 crore y-o-y Fortis Healthcare has reported a consolidated net loss of Rs 224 crore during 2018-19 as against a net loss of Rs 934 crore in…

Greaves Cotton’s profit falls to Rs 169 crore

Greaves Cotton’s profit falls to Rs 169 crore in FY19 on account of IL&FS provisioning Engineering major Greaves Cotton said on Thursday its profit after tax (PAT) dropped to Rs 169 crore in 2018-19 from Rs 203 crore in the…

ValueMomentum experienced 31 percent revenue growth in FY 2018

ValueMomentum experienced 31 percent revenue growth in FY 2018 ValueMomentum, Inc, a leading provider of software and services to insurance, health care and financial services firms, today announced unprecedented 31 per cent growth in overall business for its fiscal year…

TVS Motor’s revenue up by 19% to Rs 18,217 crore in March quarter

TVS Motor reports over 19 pc jump in revenue at Rs 18,217 crore Two-wheeler manufacturer TVS Motor Company on Tuesday reported sales of 39.14 lakh units during 2018-19 which fetched revenue of Rs 18,217.5 crore, up 19.3 per cent in…

Twitter now boasts 330 million monthly active users amidst ‘healthy platform’ plans

Twitter’s Q1 2019 earnings report is here and it seems the company’s attempts at making it a healthier conversation platform are paying off. Twitter recorded average monetizable daily active usage (mDAU) for the quarter at 134 million, up 11 per…