Search Results for: Adjusted Gross Revenue

infosys-quarterly-1-profit-up-21-6-percent-retains-annual-forecast

Infosys quarterly-1 profit up 21.6 percent, retains annual forecast

Bangalore, July 11 (ANI): India's second largest IT services provider Infosys posted on Friday a higher-than-expected quarterly net profit growth of 21.6 percent, retaining its revenue guidance of seven to nine percent for the fiscal year 2015. Shibulal, the last of Infosys' seven founders to hold the role of CEO and who is leaving at the end of this month, said the company had already taken several measures to retain staff, including quarterly promotions. Jul 11, 2014
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Finance Minister Arun Jaitley in exclusive interview with ANI over General Budget Part - 2

New Delhi, July 10 (ANI): After Finance Minister Arun Jaitley on Thursday presented the 2014-15 general budget, he said that his maiden budget was a vision statement that aimed at giving a fillip to infrastructure, manufacturing and re-establishing confidence in the Indian economy. Speaking to ANI in an exclusive interview, Jaitley said that it’s a directional budget. Jaitley sought to reassure investors by promising a stable tax regime and saying the government would not "ordinarily" create new liabilities retrospectively, but stopped short of moving to scrap the law. The finance minister also said that he would uphold the fiscal deficit target for this year inherited from the last government - 4.1 percent of gross domestic product - despite expectations he would be forced to raise it due to weak revenue and high subsidy costs. Jul 10, 2014
finance-minister-arun-jaitley-in-exclusive-interview-with-ani-over-general-budget-part-1

Finance Minister Arun Jaitley in exclusive interview with ANI over General Budget Part - 1

New Delhi, July 10 (ANI): After Finance Minister Arun Jaitley on Thursday presented the 2014-15 general budget, he said that his maiden budget was a vision statement that aimed at giving a fillip to infrastructure, manufacturing and re-establishing confidence in the Indian economy. Speaking to ANI in an exclusive interview, Jaitley said that it's a directional budget. Jaitley sought to reassure investors by promising a stable tax regime and saying the government would not "ordinarily" create new liabilities retrospectively, but stopped short of moving to scrap the law. The finance minister also said that he would uphold the fiscal deficit target for this year inherited from the last government - 4.1 percent of gross domestic product - despite expectations he would be forced to raise it due to weak revenue and high subsidy costs. Jul 10, 2014
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State Finance Ministers to meet Arun Jaitley over state-centre disagreements

New Delhi, July 03 (ANI): States finance ministers on Thursday are to meet Finance Minister Arun Jaitley over disagreements on issues between centre and states. West Bengal Finance Minister Amit Mitra said that there it is important to have consensus over things before presenting the budget and that state revenue should not be affected in the process. Meanwhile, J&K Finance Minister Abdul Rahim Rather said that there are a few disagreements which is to be resolved now with Jaitley. Jul 3, 2014
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