Standalone attrition declined to 15.8% from 17.2% in Q2 18. Signing of the Advance Pricing Agreement (APA) with the US Internal Revenue Service: Infosys has concluded an Advance Pricing Agreement (APA) with the U.S. Internal Revenue Service (IRS). Under the APA, Infosys and the IRS have agreed on the methodology to allocate revenues and compute the taxable income of the Company's U.S. operations. This agreement covers financial years from 2011 to 2021. The APA will enhance predictability of Infosys' tax obligations in respect of its U.S....
Strong portfolio of ongoing and planned development projects located in attractive south India property markets with Robust Bangalore market fundamentals and preference for organized players post RERA should aid BEL's well-balanced portfolio and currently in the process of developing 30 million square feet across seven cities over the next five years. As per management statement in Annual report of FY17 BEL will be launching 11.53 mn. sq....
NIM for the quarter came in at 3.15% increasing by 44 Bps from 2.71% YoY. Company's disbursements increased by 44% to Rs 7,385 crore during Q2 FY17-18 from Rs 5107 crore during Q2 FY16-17. Disbursements towards housing loan accounted for 70.6% and non-housing loan at 29.4%. Disbursement for Q1 FY17-18...
Total Advances grew by 35% to Rs 1,48,675 crore as at Q2 FY18. Corporate banking accounted for 67.4% of the Advances portfolio while Retail & Business Banking constituted 32.6% due to increase in consumer banking and business banking. Total Deposits grew by 23.4% to Rs 1,57,990 crore. The CASA deposits grew by 51.4% Y-o-Y to Rs 58,724 crore taking up the CASA ratio to 37.2% up from 36.8% in the corresponding quarter on. Savings account deposits increased by 51.6% Y-o-Y....
For the quarter ended March 2017, Jagran Prakashan Ltd. reported profitability with net profit growing by 2% YoY to Rs 78 cr and 3% sequentially. Total revenue for the company grew by 4% YoY to Rs 492 cr while sequentially the revenue grew by 5%. Advertisement revenue for the company grew by 3.9% YoY to Rs 346 cr while the circulation revenue grew by 1.5% YoY to Rs 102 cr. Digital Advertisement revenue for the company grew by 17% YoY to Rs 7.3 cr. Page views...
The Deposit portfolio grew by 35% to INR 10,025 crore as on 30th June, 2017 from INR 7,436 crore as on 30th June, 2016. Cost of funds decreased by 39 bps sequentially Rs 26,022 cr to 6.6%. Borrowings for this quarter were Rs.39564 cr vs. 35657 cr QoQ. Borrowings Rs 167 cr portfolio was majorly funded by NCDs (40.9%), Deposits(25.3%), Commercial paper...
