Operating Cost News

News

Daily fuel price hike may push up freight charges by 20%, say truckers

Transporters may be forced to increase freight charges by 20% as the daily hikes in fuel prices are making operations 'unviable'Diesel prices saw an increase for 23 days on the trot last month, a truckers body demanded monthly or quarterly revision

2 min read19 Jul 2020
Money

Half of ATMs may be shut down by March

Costs have gone up for ATM operators, cash management companies owing to some new rules by the RBI

1 min read8 Dec 2018
Industry

RBI: MSME credit growth slowed during note ban

Bank credit to MSMEs fell by 4.3% y-o-y by December 2016 due to demonetization

2 min read17 Aug 2018
Market

Realizations increase at UltraTech Cement, but that’s unlikely to offset cost pressures

UltraTech Cement's standalone net profit stood at Rs488 crore for the March quarter, not up to Street expectations

2 min read25 Apr 2018
Market

Cement: GST may hit volumes, while high input costs could limit margin expansion

Pricing remains key as profitability in terms of Ebitda/tonne is likely to be under pressure in June quarter on cost escalations and lower operating leverage

2 min read16 Jun 2017
Market

The cost of Reliance Jio’s free services

Reliance Jio's operating costs themselves could be way above revenues that the telecom firm will make based on current tariff plans

3 min read13 Jun 2017
Market

Zee Entertainment: positive surprises in domestic ad revenue, profit margin

Zee Entertainment delivered a strong operating profit margin in what was meant to be a tough quarter on account of demonetisation resulting in muted advertising spending

2 min read12 May 2017
Companies

West Bengal to restructure state-owned enterprises

West Bengal CM Mamata Banerjee reiterated that this restructuring will not lead to job cuts

1 min read9 Feb 2017
Companies

Cairn India Q2 profit jump 139% on accounting regime change

Cairn India informed stock exchanges that its total income from operations declined 9% to Rs2,039 crore in the second quarter of 2016-17 from Rs2,242 crore in the same period a year ago

1 min read21 Oct 2016
Industry

ICICI Bank cuts benchmark rate by 5 bps, matches SBI, HDFC Bank

The rate cut by ICICI Bank comes ahead of the monetary policy announcement by the Reserve Bank of India slated for 7 June

1 min read1 Jun 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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