While acknowledging that there is a grey area associated with depreciation charge that CAG has brought up, Union Minister Jayant Sinha said, "We think from an accounting perspective the number we have put through is quite reasonable".
Union Minister of State for Civil Aviation Jayant Sinha today expressed confidence that national carrier Air India will register operational profit in the current fiscal.
State-run firm MTNL on June 9 said its Chairman and Managing Director Narendra Kumar Yadav has resigned
After CMC improved its margins by almost 124 bps (YoY) in its operational profit and about 170 bps (YoY) in its profit after tax (PAT), R Ramanan, MD & CEO of the company says they will be operating between 15 percent and 17 percent margins for the company.