[ad_1] NEW DELHI: Reliance Industries (RIL) on Thursday reported a 38.73 percent year-on-year (year-on-year) drop in consolidated net profit of Rs 6.348 billion for the quarter ended March 31. RIL’s bottom line took a hit due to an exceptional loss of Rs 4.267 crore during the quarter. Analysts in an …
Read More »IndusInd fourth-quarter net profit falls 16% on higher provisions, estimates fail
[ad_1] Mumbai Private sector lender IndusInd Bank on Monday reported a net profit of ₹Rs 301.84 million for the three months to March, a decrease of 16% year-on-year (year-on-year), due to higher provisions. The bank’s total provisions increased 56% year-on-year to ₹2,440 crore in the March quarter. His earnings were …
Read More »IATA estimates a 47% drop in the annual number of passengers in India in 2020
[ad_1] The International Air Transport Association (IATA), which represents the world’s leading airlines, has estimated that Indian passenger traffic will see a negative growth of 47 percent in 2020 compared to 2019. IATA said that Indian aviation and Related sectors such as tourism will suffer 2.93 million job losses, with …
Read More »Hidden Outbreaks Spread Through U.S. Cities Far Earlier Than Americans Knew, Estimates Say
[ad_1] By the time New York City confirmed its first case of the coronavirus on March 1, thousands of infections were already silently spreading through the city, a hidden explosion of a disease that many still viewed as a remote threat as the city awaited the first signs of spring. …
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