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Bajaj Corp Ltd (BCL)’s operating performance was in line with our expectation with the gross profit margin (GPM) standing at 25.6% and the operating profit at Rs27.4 crore (in keeping with our expectation of Rs27.3 crore) in Q2FY2012.
8,720 crore neutralizing most of the revenue shortfall, expected OR 90%;
Are you?.................Page 4 Health Care gets Rs.33,150 Crore!
3 CSR and Rang De The Companies Act 2013 The Companies Act, 2013 mandates every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during any financial year to make at least 2% of average net profits as CSR spend.
-Commonwealth Games bronze medallist RMV Gurusaidutt has clinched the men’s singles title at the Bulgarian International Future Series tournament -Indian shuttler Samiya Imad Farooqui from Hyderabad has clinched gold at the Under-15 women’s singles competition after defeating Indonesia’s Widjaja Stephani at the Asian Junior Championship in Yangon, Myanmar -President Ram Nath Kovind has launched Rs 100 crore Mata Amritanandamayi Math Project “Jeevamritham” in Kollam district of Kerala to provide the filtration system for cleaning drinking water to 5000 villages across India, in Kollam district in Kerala.
re ATAL BIMIT VYAKTI KALYAN YOJNA Be stC Around 3.2 crore Insured Persons (IPs) will benefit from newly launched scheme of ESIC ‗Atal Bimit Vyakti Kalyan Yojna‘.
-Union Water Resources Minister Mr.Nitin Gadkari and Chief Minister of Maharashtra Mr.Devendra Fadnavis announced a project to link rivers in Maharashtra, in Mumbai.Two major river linking projects in Maharashtra – Par-Tapi-Narmada and Damanganga-Pinjal worth Rs.20,000 crore are about to start.Central Government is to allocate funds of Rs.60,000 crore altogether for all the river linking projects in Maharashtra for the next two years under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).
3,000 crore with ICICI Bank for partially funding its capital expenditure.
• Criteria Income or Aggregate of income subject to deductions exceeds fifty lakhs but does not exceed one crore rupees Surcharge 10% Income or Aggregate of income subject to deductions exceeds one crore rupees 15% Surcharge will also be levied at the appropriate rates in cases where these persons are liable to tax under section 115JC.
-Home Ministry announced that Chiefs of central armed police forces like Central Reserve Police Force (CRPF) and Border Security Force (BSF) and other central agencies have been empowered to spend up to Rs.15 crore for executing major projects and Rs.1 crore for minor works, including repairing of residential buildings.
-The Indian Council for Agricultural Research (ICAR) will undertake major research works on agriculture this year (in 2017) with the World Bank (WB) fund of Rs 1100 crore.
• “Despite the Rs 1.16 lakh crore ($17.7 billion) spent on Sarva Shiksha Abhiyan (SSA)–the national programme for universal elementary education–the quality of learning declined between 2009 and 2014.” • The number of institutions in our country for the year 2014-15 is given in the table, which indicates that there are 1516865 schools, 12276 institutions for Higher education.
Karnataka is looking to attract investments to the tune of Rs 31,000 crore from companies looking at R&D and manufacturing of electric vehicles in the state.