Wipro in focus after Q1 results

IFRS is a set of global accounting rules that were to be implemented in 2011 but opposition from Indian corporates citing unpreparedness had delayed its rollout.

By: Jamil Khatri, KPMG

Experts point out that intervening period may be insufficient for firms to converge with global norms. KOLKATA: Only a handful of companies will be able to adopt the International Financial Reporting Standards (IFRS) from 2015-16 as Finance MinisterArun ...

Infosys rose 1.4% to Rs 3,339 at 09:45 IST on BSE after consolidated net profit as per IFRS fell 3.5% to Rs 2886 crore on 0.8% decline in revenue to Rs 12770 crore in Q1 June 2014 over Q4 March 2014.

Moscow, July 30th, 2014 - Today, OJSC Enel OGK-5 published its operating results and reviewed IFRS financial results for the first half of 2014. Operating Results Net power output in the first half of 2014 stood at 20,342 GWh, substantially in ...

This press release contains a number of alternative performance indicators not contemplated under IFRS (EBITDA, EBIT, Net Financial Position). Definitions of these terms are provided in the attachment. NET RESULT : -5.2 million euro (-133.5 ...

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