You are here: Home >> English News & Features >> BUSINESS & ECONOMY

‘We are working on Gujarat pulp mill’

DNMUM436396 | 5/16/2019 | Author : Swati Khandelwal | WC :525

India Inc Speaks
Zee Business
The fourth quarter numbers are better than the last three quarters because it was achieved despite a 9-day long plant shutdown, says AS Mehta, president, JK Paper. In a candid chat with Swati Khandelwal, Mehta said the capacity of the Sirpur Paper Mills is being expanded and production is expected to start by October this year.

Edited excerpts

How do you see the Q4 results in terms of revenue, Ebitda and margin?
I consider the fourth quarter revenue, Ebitda, PBDT, PBT and net profit to be better than the numbers we achieved in the last three quarters. This quarter is better for us because it was a quarter where we were able to produce beyond targets and improved on the profit as well as margin pe
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


IT stocks likely to be in focus today
DNMUM441701 | 8/23/2019 12:00:00 AM | Author : Siddharth Sedani | WC :252

Bull market or bear market today?Considering the current trend, we can expect the market to be trading on a negative note today. However, a short covering in the second half of the day cannot be ruled out. The next support for Nifty will be at 105

Add To LightboxCalculate Price

Rupee crashes to eight-month low of 71.81/$
DNMUM441702 | 8/23/2019 12:00:00 AM | Author : DNA Correspondent | WC :160

Mumbai: The rupee on Thursday plunged 26 paise to an over eight-month low of 71.81 against the US dollar as falling stocks and foreign fund outflows hit sentiment.
The fall was also precipitated by the volatility in the emerging market currencie
Add To LightboxCalculate Price

CEA rules out fiscal boost for key sectors
DNMUM441703 | 8/23/2019 12:00:00 AM | Author : DNA Correspondent | WC :178

New Delhi: Chief economic adviser KV Surbramanian on Thursday indicated that the government may not come out with any major fiscal stimulus package as demanded by the industry to deal with the slowdown in key sectors of the economy.
Speaking at a
Add To LightboxCalculate Price

Auditors to now ascertain compliance of CSR spends
DNMUM441704 | 8/23/2019 12:00:00 AM | Author : Anjul Tomar | WC :537

Auditors may soon have to verify whether the company has spent a minimum of 2% of its average net profits towards Corporate Social Responsibility (CSR) in a financial year. The Ministry of Corporate Affairs (MCA) is working on a proposal to make t

Add To LightboxCalculate Price