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  • Former Chinese Vice Finance Minister arrested on corruption charges
  • Former Chinese Vice Finance Minister arrested on corruption charges
  • Several soldiers injured in IED blast by militants in Pulwama
  • UNHCR airlifts 135 migrants detained in Libya
  • UNHCR airlifts 135 migrants detained in Libya
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  • Former Malaysian Deputy PM charged with money laundering and corruption
  • Former Malaysian Deputy PM charged with money laundering and corruption
  • No progress towards ending Ukraine conflict: UN
  • Train service resumes in Kashmir
  • No progress towards ending Ukraine conflict: UN
  • 1 2 kg gold seized at Chennai airport, 2 held
  • US sanctions have abraded trust in dollar: Putin
  • US sanctions have abraded trust in dollar: Putin
  • AP-based Mojo TV Journo starts trekking to Lord Ayyappa temple
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DLF announces Q3 FY18 results

New Delhi, Feb 13 (UNI) DLF Limited announced consolidated revenues of Rs 1,855 crore for the quarter ended December 31, 2018, an increase of 6 per cent from Rs 1,751 crore in Q2 FY18.
“EBIDTA stood at Rs 862 crore, compared to Rs 950 crore in the Q2 FY18. Net profit stood at Rs 4,100 crore, compared to Rs 19 crore in Q2 FY18. This includes a one-time exceptional gain on account of restatement of the DLF’ s investment in DCCDL at fair market value based on IndAS 110, as DCCDL is now being accounted as a Joint venture instead of a subsidiary,” a company release stated on Tuesday.
Certain other revaluation, impairments and provisions relating to valuation of certain assets, land parcels and investments have also been accounted for. The non-annualized EPS for the quarter was Rs22.93 including one-time, exceptional gain. Net Bank Debt for DLF(consolidated, Ex-DCCDL) stood at approx Rs 5,500 crore.
The DDCDL CCPS transaction was consummated in the month of December, 2017. The Promoters received the consideration of Rs 8,900 crore(approx) against the sale of shares and Rs 1,600 crore(approx) towards buyback of CCPS.
The Board of Directors, today, has appointed Mr Vivek Mehra as an Independent Director.
UNI DJK AE 2242
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India ranks 58th out of 140 economies on Global Competitiveness Index 2018: WEF

India ranks 58th out of 140 economies on Global Competitiveness Index 2018: WEF

19 Oct 2018 | 7:39 AM

New Delhi, Oct 19 (UNI) According to the Global Competitiveness Report 2018 of World Economic Forum, India ranks 58th, up five places from 2017 out of 140 economies.

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19 Oct 2018 | 7:08 AM

The results demonstrate a strong correlation between competitiveness and income level.

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Conclave on Capital Goods in Steel Sector in Bhubaneswar

19 Oct 2018 | 7:05 AM

New Delhi, Oct 19 (UNI) Ministry of Steel is organising a Conclave on “Capital goods in Steel sector: Manufacture in India” in Bhubaneswar, Odisha, on October 23.

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Kottayam-Kochi Rubber Market Rates

18 Oct 2018 | 7:27 PM

Kottayam, OCT18 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR No Transaction
RSS FIVE No Transaction
ISNR TWENTY:No Transaction
SIXTY PERCENT LATEX: No Transaction
KOCHI
RSS FOUR No Transaction
RSS FIVE No Transaction
INTERNATIONAL RATES (BANGKOK)
RSS One 10899
RSS Two 10763
RSS Three 10639
RSS Four 10571
RSS Five 10469
KUALALUMPUR:- 9737(132.

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Minister instructs Mecon to expedite work on proposed Kadapa Steel Plant in Andhra

18 Oct 2018 | 6:38 PM

New Delhi, Oct 18 (UNI) Union Steel Minister Chaudhary Birender Singh has instructed MECON, the project consultant for the steel plant proposed in Kadapa district, to give its technical report to the Task Force immediately without waiting for any other details to be provided by the Andhra Pradesh government.

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