The Rourkela Steel Plant management and her colleagues pursued the matter and finally, a decision was taken to hand over a cheque of Rs 50 lakh to her family, an RSP PR Department official said.
Firms/companies > I > Indian Oil Corporation
IOC Q4 net profit up 79% at Rs8,781 crore on lower tax outgo
24 May 2021
State-run oil refining and marketing major Indian Oil Corporation has reported a net profit of Rs8,781 crore for the fourth quarter of fiscal 2020-21, a 78.9 per cent increase from the previous quarter, on the back of lower tax outgo, the corporation stated in an stock exchange filing.
IOC’s tax outgo declined 24.6 per cent from the previous quarter while revenue grew over 9.8 per cent compared with growth in total expenditure, resulting in higher profit.
Revenue rose 16.3 per cent to Rs1.24 lakh crore, while operating profit rose 40.3 per cent to Rs13,502 crore. Other income declined 13.2 per cent to Rs1,102 crore. Operating margin expanded to 10.9 per cent from 9 per cent.
Finance ministry asks states to vaccinate banking staff on priority basis
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Finance ministry asks states to vaccinate banking staff on priority basis
PTI / Apr 22, 2021, 23:16 IST
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NEW DELHI: The finance ministry has asked state governments to treat bankers on priority basis for Covid-19 vaccination when the third phase begins from May 1.
Earlier this week, the government decided to open Covid vaccination for all adults above the age of 18 years starting May 1 with the pandemic surging to record highs and fatalities rising with each passing day.
The vaccine makers have been directed to reserve 50 per cent doses for the Centre and remaining for states and the open market.