You know money is not made by studying ratios and numbers. They are the last things in the analysis. First you have to identify what will work and survive. And then look at numbers. There are good reasons why companies which depend on subsidy do not perform/give returns. See OMCs. See agri
1.59 PM Apr 23rd
to hand out subsidies to all and sundry. The state electricity boards were allowed to sink back into debts and losses, and today they have accumulated losses of over Rs 2 lakh crore. The oil sector deregulation was completely rolled back and, over 10 years, the UPA doled out oil subsidies to the tune
11.35 AM Apr 23rd
-Ready to buy gas at USD 8 if government cannot afford higher subsidies -RIL willing to buy gas at USD 8 for its captive use -Buying gas at USD 8 cheaper than the USD 18 RIL currently paying -Company buying gas at USD 8 will help India cut forex, oil import bill -To file affidavit on how Niko is selling
10.26 AM Apr 23rd
Delhi: power bills double; tariff hike also coming Adding to their woes, further tariff hikes also loom large with the city’s power regulator speeding up the process of determining new power rates for the year. The absence of a subsidy will affect almost 80% of the Capital’s 34.61 lakh power
6.27 PM Apr 22nd
case. Huge profit write-offs to be made for subsidies claimed but which will not be paid-out due to mass cancellations which company has hidden info about. The write-offs have started as can be seen in last financials but much more to come. You can ride with the manipulation if you wish
1.28 PM Apr 22nd
looks we all just want to live on subsidies and blame the goverments for non developement , why do we need exemption instead every citizen of india should possess a pan card otherwise disconnect their lpg , water and electricity , and then when you have got atleast 50 % or more population in your
2.51 PM Apr 21st
This would not be a possibility in near term. There is very low penetration of tax paying people in India, and Government has to look after subsidies and current account deficit, in next 2-3 years. So raising tax exemption limit by more than 100% is a distant day dream.
2.50 PM Apr 21st
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