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Devil in the details: How Zomato didn’t turn in a profit before tax, but a profit after tax

Devil in the details: How Zomato didn’t turn in a profit before tax, but a profit after tax

A critical tax provision helped Zomato PAT its own back. Of course, Zomato has upped its game in terms of operational efficiencies. For example, its delivery costs aren#39;t rising as fast as its revenue is scaling

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​ A critical tax provision helped Zomato PAT its own back. Of course, Zomato has upped its game in terms of operational efficiencies. For example, its delivery costs aren#39;t rising as fast as its revenue is scaling A critical tax provision helped Zomato PAT its own back. Of course, Zomato has upped its game in terms of operational efficiencies. For example, its delivery costs aren#39;t rising as fast as its revenue is scaling  Moneycontrol Latest News Read More  

A critical tax provision helped Zomato PAT its own back. Of course, Zomato has upped its game in terms of operational efficiencies. For example, its delivery costs aren#39;t rising as fast as its revenue is scaling

Shares stumble as US yields rise; sterling dips after BoE rate hike

Shares stumble as US yields rise; sterling dips after BoE rate hike

Investors also digested new U.S. Labor Department data on Thursday showing that the number of Americans filing new claims for unemployment benefits rose slightly last week, while layoffs dropped to an 11-month low in July.

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​ Investors also digested new U.S. Labor Department data on Thursday showing that the number of Americans filing new claims for unemployment benefits rose slightly last week, while layoffs dropped to an 11-month low in July. Investors also digested new U.S. Labor Department data on Thursday showing that the number of Americans filing new claims for unemployment benefits rose slightly last week, while layoffs dropped to an 11-month low in July.  Moneycontrol Latest News Read More  

Investors also digested new U.S. Labor Department data on Thursday showing that the number of Americans filing new claims for unemployment benefits rose slightly last week, while layoffs dropped to an 11-month low in July.

Elan Group awards Rs-1,000 crore contract to Leighton Group for luxury project

Elan Group awards Rs-1,000 crore contract to Leighton Group for luxury project

The company’s maiden luxury project Elan The Presidential, which will have 728 units, is being developed at sector 106 in Gurugram near Dwarka Expressway.

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​ The company’s maiden luxury project Elan The Presidential, which will have 728 units, is being developed at sector 106 in Gurugram near Dwarka Expressway. The company’s maiden luxury project Elan The Presidential, which will have 728 units, is being developed at sector 106 in Gurugram near Dwarka Expressway.  Moneycontrol Latest News Read More  

The company’s maiden luxury project Elan The Presidential, which will have 728 units, is being developed at sector 106 in Gurugram near Dwarka Expressway.

Homebuyers in stalled housing projects may get relief from proposal to facilitate completion

Homebuyers in stalled housing projects may get relief from proposal to facilitate completion

A panel headed by Amitabh Kant that looked into ways to complete stalled housing projects suggested a moratorium on payment of dues that developers owe land-owning agencies

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​ A panel headed by Amitabh Kant that looked into ways to complete stalled housing projects suggested a moratorium on payment of dues that developers owe land-owning agencies A panel headed by Amitabh Kant that looked into ways to complete stalled housing projects suggested a moratorium on payment of dues that developers owe land-owning agencies  Moneycontrol Latest News Read More  

A panel headed by Amitabh Kant that looked into ways to complete stalled housing projects suggested a moratorium on payment of dues that developers owe land-owning agencies

LIC Housing Finance Q1 results: Net profit up 43% to Rs 1,324 crore

LIC Housing Finance Q1 results: Net profit up 43% to Rs 1,324 crore

The company#39;s net interest income (NII) grew 38 percent to Rs 2,252 crore in the quarter under review from Rs 1,628 crore in the last fiscal.

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​ The company#39;s net interest income (NII) grew 38 percent to Rs 2,252 crore in the quarter under review from Rs 1,628 crore in the last fiscal. The company#39;s net interest income (NII) grew 38 percent to Rs 2,252 crore in the quarter under review from Rs 1,628 crore in the last fiscal.  Moneycontrol Latest News Read More  

The company#39;s net interest income (NII) grew 38 percent to Rs 2,252 crore in the quarter under review from Rs 1,628 crore in the last fiscal.

Saudi Arabia extends 1 million-barrel oil cut till Sept, says it can be deepened

Saudi Arabia extends 1 million-barrel oil cut till Sept, says it can be deepened

The kingdom’s hawkish approach has drawn criticism from major importing nations, which fear that rising fuel costs may inflict another inflationary spike on consumers

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​ The kingdom’s hawkish approach has drawn criticism from major importing nations, which fear that rising fuel costs may inflict another inflationary spike on consumers The kingdom’s hawkish approach has drawn criticism from major importing nations, which fear that rising fuel costs may inflict another inflationary spike on consumers  Moneycontrol Latest News Read More  

The kingdom’s hawkish approach has drawn criticism from major importing nations, which fear that rising fuel costs may inflict another inflationary spike on consumers

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