SEARCHED FOR:FY 20
Overall jobs growth rate slips to 3.5% in FY20: Report
In FY20, 1.70 lakh new jobs were added, while the net addition was 1.76 lakh in FY19, shows a CARE Ratings report. But in FY20, as many as 321 companies reduced their headcounts by 1.13 lakh compared to 272 companies doing so by 1.18 lakh in the previous year.
Lenskart projects 20% revenue growth in FY 2020-21
However, the revenue projection for 2020-21 are a significant drop for the company, which ...
Nutanix's India business grows 42% in FY20, sees strong demand across verticals
Nutanix Vice President and MD Sales (India and SAARC) Balakri...
Paytm FY'20 revenue rises to Rs 3,629 crore, loss narrows by 40%
Paytm has expanded its financial services with lending, wealth management and insurance segments, which the company claims have opened up new revenue streams.
Pvt sector capex to plunge 20-26% this fiscal: Report
Global supply chains are likely to de-risk themselves from China over the long-term, domestic corporates are unlikely to benefit from such a move in the near-term.
Zomato revenue doubles to $394 million in FY20
In the first quarter of the ongoing fiscal year, the company's Ebitda loss stood at $12 million on revenue of $41 million and unit economics of its food delivery business improved.
India’s budget gap for FY 19-20 breaches estimate on poor tax collection
India’s budget gap for the year ended March 31 has touched 4.4% of gross domestic product, says sources.
Fitch sees India's auto demand plunging over 20% in FY21 due to several challenges
"The domestic auto demand continues to face several challenges and we forecast the overall industry volume declining by more than 20 per cent this fiscal year. This forecast could be revised down if the extent and the magnitude of the pandemic are worse than we expect," Fitch said in a report on Tuesday.
Top cement makers cut costs to overcome lockdown impact
Ambuja Cement and ACC adopted a supply-chain network optimisation strategy. The two cement majors had got into a master supply agreement (MSA) with each other in 2018 for supply of cement, clinker and raw materials.
Jaguar Land Rover's outgoing CEO Ralf Speth got big pay hike of 39 per cent in FY20
In addition, the directors’ emoluments rose 28.8% in the same period, when total workforces have been lowered to 39,787 in FY20 compared with 44,101 in the previous fiscal.
Sunil Mittal's remuneration declines about 3% to Rs 30.1 crore in FY20
Sunil Bharti Mittal, the Chairman of Bharti Airtel Ltd, drew a total remuneration of Rs 30.13 crore in 2019-20, according to the company's latest annual report. This compares with Rs 31 crore he drew in the previous fiscal.
Electric vehicle sales up 20% in FY20
According to data available with industry body Society of Manufacturers of Electric Vehicles (SMEV), this includes 152,000 two-wheelers, 3400 cars and 600 buses. The corresponding sale for the FY 18-19 was 126,000 two-wheelers, 3600 cars and around 400 buses making a total of 130,000 units.
Exide Life Insurance FY20 net profit up 89% at Rs 28.3 crore
The private sector insurer had registered a net profit of Rs 15 crore in fiscal year 2018-19.
EBITDA for 22 rated firms to dip by 24% in FY21: Moody’s
Their credit metrics will weaken as coronavirus-led economic contraction reduces corporate earnings and debt/EBITDA leverage will increase by half a turn to around 4x.
HDFC Bank's Aditya Puri highest paid banker for FY20 with Rs 18.92 crore in remuneration
The banker, who is set to retire in October this year on attaining the age of 70, had earned Rs 42.20 crore by exercising stock options in 2018-19.