A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of India s 100 Richest to a record US$775 billion, after adding $257 billion a 50 per cent rise in the past 12 months.In this bumper year, more than .
Union minister feels the Tricolour, two of which are placed in the formation of a cross sign behind the Delhi CM, has a higher proportion of green than permitted
No Water or Sanitation: Daurala, a Village on the Periphery of Delhi s âDevelopmentâ
From access to clean water to schools for children, this small Delhi hamlet has a slew of complaints against those in power.
Children from Daurala village, currently in the village primary school, will have to travel to another village for senior secondary education. Photo: Ismat Ara
Rights16/Mar/2021
New Delhi: When Delhi chief minister Arvind Kejriwal announced the budget for 2021 on March 9, 2021, he also took the opportunity to laud his own government.
While presenting the budget themed around â
desh bhakti (patriotism)â, Kejriwal said that despite the lockdown last year, the Delhi government, unlike others, continued to provide free electricity, water, school education, healthcare and bus rides for women. âWe will continue to provide all these services for free in the next financial year as well. I want to congratulate the people of Delhi on this,â he said. Ar
Deepak Nitrite (DNL) reported 38.2% rise in consolidated net profit to Rs 216.56 crore on 10.3% rise in revenue from operations to Rs 1234.69 crore in Q3 FY21 over Q3 FY20.
Improvement in revenues was led by robust Y-o-Y improvement in the phenolics business aided by incremental contribution from Isopropyl Alcohol (IPA) products. Profit before tax grew by 37.7% to Rs 290.3 crore in Q3 FY21 over Q3 FY20. Current tax expense spiked 25.5% to Rs 63.64 crore in Q3 FY21 over Q3 FY20.
EBITDA stood at Rs 340 crore in Q3 FY21, up 25% over Q3 FY20. EBITDA margin grew by 330 basis points to 27.4% in Q3 FY21 over Q3 FY20. Margin accretion has been driven by the increased volumes and higher efficiency in plant operations of the phenolics business supported by better sourcing, logistics and marketing for the wider product basket including IPA, which commenced in Q1 of the current fiscal.