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View Full Version : Mahindra Profit Beats Estimate on Accounting Change - Bloomberg



NewsWhore
05-28-2009, 09:10 AM
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Mahindra Profit Beats Estimate on Accounting Change (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DazrmN1AzVhmc%26refer%3Dindia&cid=1250468116&ei=ro8eSrSeJJfi6wPC1fiVDg&usg=AFQjCNEegEr_poKr3wPXef4nSUSVFkFEpA)
Bloomberg
The Indian government in March allowed companies to change provisions for mark-to-market losses, enabling them to spread the currency losses to either the tenure of the loan or up to March 31, 2011, Mahindra said. The change enables companies to write ...


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