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India Cements reports consolidated net loss of Rs 132.90 crore in the June 2025 quarter

India Cements reports consolidated net loss of Rs 132.90 crore in the June 2025 quarter

Sales decline 0.20% to Rs 1024.74 croreNet loss of India Cements reported to Rs 132.90 crore in the quarter ended June 2025 as against net profit of Rs 58.47 crore during the previous quarter ended June 2024. Sales declined 0.20% to Rs 1024.74 crore in the quarter ended June 2025 as against Rs 1026.76 crore during the previous quarter ended June 2024.ParticularsQuarter EndedJun. 2025Jun. 2024% Var.Sales1024.741026.76 0 OPM %8.12-2.40 -PBDT65.72-91.52 LP PBT-8.34-147.97 94 NP-132.9058.47 PL Powered by Capital Market - Live News
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Govt mulls web portal for pvt vehicle owners to clear Rs 8 crore dues
Govt mulls web portal for pvt vehicle owners to clear Rs 8 crore dues

Time of India

timean hour ago

  • Time of India

Govt mulls web portal for pvt vehicle owners to clear Rs 8 crore dues

Bhubaneswar: State govt is planning the implementation of a web-based system to address concerns over unpaid dues, amounting to Rs 8 crore, owed to owners of private vehicles hired by various departments. Tired of too many ads? go ad free now The issue was discussed during a high-level meeting presided over by chief secretary Manoj Ahuja recently. The meeting's minutes revealed a push toward modernising the payment system. "A comprehensive web portal should be developed in collaboration with the National Informatics Centre. The substantial outstanding dues of Rs 8 crore shall be cleared by the transport department following necessary re-appropriation from current budgetary allocations. Any shortfall in the non-programme head will be addressed during the supplementary budget," the minutes read. The transport department has highlighted that govt departments regularly requisition private vehicles for various official purposes, including election duties, administrative work and emergency services. Under the current framework, regional transport officers (RTOs) facilitate arrangement of vehicles at the behest of district collectors. "However, the role of RTOs is strictly limited to vehicle procurement, while the payment responsibility lies with the requisitioning departments, which often face delays in funds disbursement," a transport official said. "The delay in payments has led to frustration among vehicle owners, who frequently resort to protests at RTO offices demanding their rightful compensation. These grievances have increasingly been escalated to the transport department, necessitating a comprehensive solution to this recurring problem," the minutes stated. Tired of too many ads? go ad free now The transport department had earlier approached departments concerned regarding the release of pending dues, but the results were less than satisfactory. Recognising the need for a systemic change, the govt is now focusing on streamlining the payment process through technological intervention. The proposed web-based system will introduce standardised operating procedures for vehicle requisition across all departments. The portal will handle all vehicle requests. RTOs will proceed with arrangements only after receiving online approval from collectors. The proposed framework will allow willing vehicle owners to register their vehicles on the portal, providing detailed information about their vehicles and availability. The digital database will significantly enhance the ability of RTOs to efficiently match requirements with available resources. Additionally, the govt is considering an alternative approach of implementing a tender-based system for empanelling interested vehicle owners, creating a pre-approved pool of service providers for future requirements. "The transport department will be allocated a specific budget for vehicle hiring, ensuring prompt payments through direct online transfers to vehicle owners' accounts, thereby eliminating intermediary delays and enhancing transparency in the entire process," the official said.

Recharging tourism: Guided tour of city on AC e-buses likely from Sept
Recharging tourism: Guided tour of city on AC e-buses likely from Sept

Time of India

timean hour ago

  • Time of India

Recharging tourism: Guided tour of city on AC e-buses likely from Sept

New Delhi: Delhi govt is going to expand its city tourism services by engaging two electric buses from Delhi Transport Corporation. Officials said that these buses would start from the Delhi Tourism's office at Baba Kharak Singh Marg and cover the city's popular tourist spots along with some new landmarks before dropping the passengers back from where it started. Delhi Tourism and Transportation Development Corporation has entered into an agreement with DTC to hire air-conditioned electric buses. "We hope to start the service by Sept 1 after getting the buses branded in special wrapping promoting Delhi as a tourist destination, and training of guides," said a DTTDC official. The buses will cover several destinations, including Connaught Place, Police Memorial, historical monuments, Pradhanmantri Sangrahalaya and Dilli Haat. The buses will stop at certain destinations for a fixed time to allow the tourists to take a quick round. The proposed ticket price is Rs 500 for adults and Rs 300 for children aged between 6 and 12. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi Officials said that each bus would have a seating capacity of 32 passengers. There are also plans to introduce an audio translation service for which headsets with multiple language options will be provided. DTTDC planned to start six theme-based tours covering Delhi's heritage monuments, food streets, markets, shopping malls and museums before the G20 Summit in Sept 2023. The plan, however, was shelved considering that not many tourists may be interested in theme-based circuits and would rather prefer one consolidated tour covering all important destinations. A senior DTTDC official said that the department might consider expanding the service and engaging more buses to run on different circuits after evaluating the response to the soon-to-start city tours. Depending on the number of tourists booking for a city tour or for a trip outside Delhi, DTTDC provides cars as well as bigger vehicles on rent.

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