The consolidated total income in the first quarter was nearly flat at Rs 422.9 crore, compared with Rs 427.6 crore in the corresponding quarter of 2018.
The country will skip the BS-V emissions norms and transition to BS-VI norms from next April.
The criteria is based on minimum top speed, range per charge and acceleration as well energy consumption efficiency of EVs.
Rahul Prithiani, director of Crisil Research said that in the past few quarters some of the commodity prices were supporting the auto component companies and their revenue growth, but this quarter there has been a bit of a reversal in commodity prices.
The plunge would be led by key commodities like steel, aluminium, natural gas and petrochemicals, which have softened significantly, impacting realisations.
Although Sebi has reduced the mark-to-market requirement from 60 days to 30 days, it won’t impact many liquid funds.
Different fund houses used to mark down their securities depending on their internal guidelines, however, after IL&FS crisis, things have changed
The rating based approach for assigning risk weights will lead to capital savings for banks of about Rs 13,000 crore, which will create additional lending headroom of about Rs. 1.4 lakh crore for the banking system
According to Crisil, the conversion of naphtha-based urea plants, commissioning of new capacities under the new urea investment policy, and the revival of urea plants are likely to drive gas demand from the fertiliser sector.
On February 14, the government had announced a 7 percent increase in the minimum support price to Rs 31 per kg from Rs 29 for sugar.
The board has recommended a final dividend of Rs 11 a share.
Brickwork has downgraded Rs 12,000-crore fixed deposits to FAA+ from FAAA.
India is expected to clock a growth rate of 7.2 percent in the current financial year, up from 6.7 percent in 2017-18.
Bihar has topped the list by clocking 11.3 percent GSDP growth in fiscal 2018
"Revenue growth of B&M retailers could increase 150-200 bps in fiscal 2020, as e-retailers re-engineer business models to conform to the revised – and more stringent – regulations, which would slow down their revenue growth," CRISIL said in a statement.
Unless the sowing improves from now on, there will be adverse impact on various aspects,including rural consumption, Crisil warned in a report Wednesday.
As of November 26, although 63 lakh houses had been sanctioned, only 12 lakh have been constructed, while 23 lakh are under construction.
The CRISIL report said revival in residential realty is likely to be gradual and prices are expected to remain under pressure on account of slowdown in volumes due to on-going liquidity concerns.
"We estimate around 800 km of execution is at risk this fiscal because many hybrid annuity model (HAM) projects are still awaiting appointed dates seven months after they were awarded," Crisil Research said in its latest report.
Domestic passenger vehicle sales grew 1.55 percent to 284,224 units in October, against 279,877 units in the year-ago month