Mr Hastilow argued that the pound had risen from less than 2.50 Deutschemarks when BMW bought Rover to more than 3.15 Dm, an increase of 26 per cent, meaning BMW has been making a windfall profit
of 26 per cent without lifting a finger.
Hence, in this way, he misused his authority, aided and abetted while acting in conspiracy with his co-accused Kamran Ali remained Member (Legal) Ministry of Information Technology and Telecom in the grant of undue and illegal benefit to the Long Distance and International (LDI) Companies, which earned them windfall profits
as a result of the ICH Policy processed by the accused.
In FY16, some companies gave special commissions in addition to sitting fees and regular commissions because of windfall profits
, which were absent in FY17.
Japan's Exporters reaped windfall profits
over the past few years as government efforts to kick start the world's number three Economy sharply weakened the yen.
Japan's exporters used to reap windfall profits
over the past few years as government efforts to crank up the world's third-largest economy sharply weakened the yen.
This loophole has resulted in windfall profits
and a de facto production subsidy for highly carbon-intensive clinker."
And Tata Steel has received hundreds of millions of pounds in windfall profits
from an EU-wide scheme to cut greenhouse gas emissions, analysts say.
It means that chances of windfall profits
for oil producers are slim, and Arab countries will have to review their budgets and abandon their ostentatious living styles.
However, in its arguments, the lenders said that even though they believe CW's figures are wrong, they still stand to "reap windfall profits
regardless of how the interest rate is calculated on the senior loan."
The IMF has secured funding for its concessional loans to the world's poorest countries with its membership agreeing to contribute more than 90 percent of the windfall profits
from the sale of IMF gold to the Poverty Reduction and Growth Trust (PRGT).
Thus, the taxation on operating IOCs' windfall profits
were replaced by a skimming tax applied to beneficiaries of tax deductions on additional income.