Wednesday, May 23 2018 | Time 08:59 Hrs(IST)
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  • Rollback of price deregulation unlikely: Moody
  • Australian archbishop steps down after conviction for concealing child sex abuse
  • HPCL net profit dips 3 8pc at Rs 1748 Cr in Q4
  • U S senators urge Trump to take hard line in dealings with China
  • U S House passes bipartisan prison reform bill
  • Trump says he will propose new tax cuts prior to November
  • N Korea has accepted list of S Korea reporters to visit nuclear test site -official
  • Pompeo says confident U S can develop common approach with Europeans on Iran
  • Trump administration to publish proposed rule changes for gun exports -official
  • Republicans, no Democrats, to attend meeting on FBI campaign surveillance -White House
  • At least 30 killed in Islamic State attack on Syrian army near Palmyra
  • In bipartisan effort, two U S lawmakers ask Trump to be tough on ZTE
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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.
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Aviva Life Insurance launches integrated plan

23 May 2018 | 8:16 AM

New Delhi, May 23 (UNI): Aviva Life Insurance has launched "Aviva i-Term Smart", a 'protection oriented' life insurance plan that offers consumers life cover at an affordable cost, along with an opportunity of additional protection against critical illness and disability.

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Rollback of price deregulation unlikely: Moody

23 May 2018 | 8:15 AM

New Delhi, May 23 (UNI) Global rating agency Moody said the government is unlikely to reverse fuel pricing deregulation because it remains committed to reforms.

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HPCL net profit dips 3 8pc at Rs 1748 Cr in Q4

23 May 2018 | 6:36 AM

New Delhi, May 23 (UNI) Hindustan Petroleum Corporation Ltd (HPCL) has reported a dip of 3.

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Hike in petrol, diesel prices continues

Hike in petrol, diesel prices continues

22 May 2018 | 10:11 PM

New Delhi, May 22 (UNI) The hike in Petrol and diesel prices continued for the ninth day on Tuesday amidst reports that the government was mulling steps to check it.

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Honor unveils two new models

22 May 2018 | 9:58 PM

New Delhi, May 22 (UNI) Huwawei's smartphone e-brand for digital native - Honor on Tuesday unveiled its most affordable dual lens camera devices Honor 7A and Honor 7C.

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