Day: May 8, 2020


City gas distribution company reported a profit before tax (PBT) of Rs 156 crore, a rise of 30 per cent on a year on year basis due to better operational performance. The company saw a marginal decline in its compressed natural gas (CNG) volumes for the March quarter.


With demand from industrial, commercial and transportation down, the hit on volumes is expected to be higher for the June quarter.


For the March 2020 ended quarter, the company reported a profit after tax (PAT) of Rs 122 crore, 61 per cent higher compared to the same quarter a year ago. Revenue for the company saw a marginal dip of 1 per cent at Rs 490 crore.


ALSO READ: Nomura predicts Indian GDP to contract by 5.2% in FY21, more rate cuts


total sales volume was at 145 MMSCM

When every new business is launching digitally, you need these things to stand out.


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Opinions expressed by Entrepreneur contributors are their own.


In my journey as an entrepreneur, I’ve had many digital launches: my podcast, my line of false lashes, my books, a workbook and more. What I’ve learned through each launch strategy and execution process is how important it is to be creative. If you’re part of a community of entrepreneurs, it’s likely that someone is launching something on any given day. As exciting as that is to be part of, it can also be a challenge to stand out from the noise and complete your launch in a way that’s specific to your personal and the brand of whatever it is that you’re launching. 

Related: This Creative Production Company Launched Almost 25 Years Ago. Its Ability to Evolve

The Covid-19 crisis has impacted not just India but the entire global economy. Amid this global economic downturn and with countries under lockdown, people are trying their best to handle work and other responsibilities from home. To offer them support in this scenario, the government has provided relief and extensions in deadlines for statutory compliances. Extension of due dates: The due date to file a belated return and a revised return for Financial Year (FY) 2018-19 has been extended from March 31, 2020 to June 30, 2020. Accordingly, an individual taxpayer who has not filed his income return for FY 2018-19, or who wishes to revise a return that has already been filed, can now file or revise the return on or before June 30, 2020. Further, the due dates for “furnishing returns and filing statements by employer” falling within the period March 20, 2020 and


After allowing FPOs to directly procure from farmers, Uttar Pradesh has announced another set of reforms to its Act.


The state joins the long list of domains that have used the Covid-19 crisis to make changes in their APMC rules in order to facilitate direct procurement from



The UP government yesterday decided to abolish certain provisions of the Uttar Pradesh Krishi Utpadan Act through an ordinance that will allow to sell 46 fruits and directly without bringing them to the mandis. But if they do bring these items to the mandis, only a nominal user charge will be levied on them, not the existing fees and charges.


The proposed amendments will also enable setting up of private mandis, designation of cold storages and warehouses as deemed market places and single license for