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Written-down value

At a given time, the result of making one or more annual of periodic deductions for depreciation against capital cost or worth.

News On Written down value
ArcelorMittal launches $3 billion share issue as profits plunge

05-02-2016| Source:Reuters

ArcelorMittal's share price has dropped 60 percent in the past 12 months, cutting the group's market value to just 6.2 billion euros (USD 6.94 billion). The shares were down a further 7.5 percent

Doubting India's GDP stats, economists devise their own

05-02-2016| Source:Reuters

Doubts about the accuracy of India's gross domestic product figures persist a year after its statisticians unveiled new readings they say better capture value addition down the goods and services

Cleaning banks balance sheets to pave way for mergers: Rajan

29-01-2016| Source:PTI

Asserting that some stressed loanshave to be written down to improve the health of PSU banks,RBI Governor Raghuram Rajan today said it will pave the wayfor mergers and help optimise their resources.

Info Edge Q3 profit down 44% on provision, lower other income

28-01-2016| Source:Moneycontrol.com

It reported an exceptional loss of Rs 11.5 crore for the quarter. "Info Edge made provision for diminution in value of investments amounting to Rs 42.7 crore related to Canvera Digital

Top seven cos lose Rs 51,647 cr in market cap

24-01-2016| Source:PTI

Sluggish trend in the stock market pulled down the combined market capitalisation of seven of the top 10 most valued firms by Rs 51,647.43 crore last week.

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