India's largest two-wheeler maker by volume - Hero MotoCorp (Hero) - posted a better-than-expected operating performance in the January-March (fourth quarter, or Q4) quarter of 2022-23 (FY23). Riding on higher average selling prices which were up 5 per cent year-on-year (YoY) and volume growth of 7 per cent, the company registered a 12 per cent growth in revenue to Rs 8,306 crore. The company sold 127,000 units in the quarter, largely driven by domestic sales which were up 11.6 per cent, while exports saw a sharp fall of 57 per cent over the year-ago quarter.
Dr Singh also has to fill up another two top sensitive posts in the next four months. An immediate urgency is to find successors to Chief Information Commissioner Habibullah Wajahat and Prasad Rao, head of the National Technical Research Organisation, which handles cyber terrorism, as they retire this month end.
With an endless number of star kid debuts in the offing, we thought of looking at how this decade's brigade compares to their mums, dads, uncles or siblings.
Chef par excellence Satish Arora recalls his days working as a chef to prime ministers to Chandrima Pal.
Emotions welled up inside Saurashish Lahiri when Akash Deep, the latest Bengal speed merchant to enter Indian dressing room, rang him up.
Two homemade treats that will transform your Christmas celebration into a glorious one.
Time to celebrate the humble sweet potato. Extremely versatile, it lends itself for a festive dessert.
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
The decline in demand and rise in raw material prices due to high transportation costs are the major problems faced by micro, small and medium enterprises in the last 27 months, according to a survey. The report by Bhartiya Yuva Shakti Trust (BYST) also said that though markets have stabilised, about 57 per cent of the units that participated in the survey are struggling to get new orders for their merchandise. "Lesser purchasing power of consumers lead to reduced demand and increased raw material cost due to higher transportation cost with increase in fuel prices have been cited among key problems faced by entrepreneurs during the last 27 months," Lakshmi Venkataraman Venkatesan, founding and managing trustee, BYST, said.
India went on an experimentation spree in the limited overs series against the West Indies but not much came out of it except Tilak Varma emerging as a contender for a World Cup middle-order slot on the back of his exploits in the T20 series.
'When the chief minister saw how Manoj Jarange Patil had successfully held the state government hostage to his whims, Eknath Shinde knew he had a very clear chance of enamouring himself to these Maratha agitators by accepting Patil's demands.'
The reopening of China has led to an ongoing readjustment of the global metals and commodities markets. China has a massive production capacity surplus to its own domestic demand. At the same time, it also has high domestic demand. China is also becoming carbon sensitive.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
It's time for some desi chaat with a burst of hatke flavours.
The Central Bureau of Investigation has admitted that a file pertaining to investigations into the allegations of siphoning of secret funds of the Research and Analysis Wing by one its former chiefs during his tenure has gone missing.
Coach Jonathan Trott rued the missed chances, but took pride in the way Afghanistan were able to win matches in this World Cup with not just their bowling and hoped to have a bigger pool of players going forward.
This one-pot meal goes well with Boondi Raita.
The combined net profit of "early bird" companies, those that have declared their quarterly results, rose for the third consecutive quarter in July-September 2023 (Q2FY24). But the figures suggest a continued slowdown in revenue growth and stagnation in earnings over recent quarters. This slowdown is severe for companies in the manufacturing and non-financial service sectors.
Embrace balmy summer days with these refreshing drinks.
The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per tonne from Rs 7,100 a tonne. SAED on the export of diesel was increased to Rs 6 per litre from Rs 5.50 a litre and on jet fuel or ATF to Rs 4 per litre from Rs 2, the notification said.
It pairs brilliantly with appams, neer dosas and steamed rice.
The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
UPL, the country's largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking. While the overall volumes were down 7 per cent, prices fell by 15 per cent. Volume decline in the European market was on the back of high channel inventory and product bans while in India the fall by 27 per cent was on account of muted demand for segments such as cotton and pulses.
Images from the Premier League matches played on Tuesday.
The police were also taken by surprise with what they witnessed -- a sophisticated setup for creating the synthetic drug, intense intoxicating smell inside the compound and the foreigners geared up with high-quality face masks.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
PHOTOS from the 5th T20I match between India and Australia played in Bengaluru on Sunday
One can only pray he finds his peace while we take comfort in the knowledge of having a true friend and the therapeutic power of humour. Sukanya Verma mourns the passing of Matthew Perry.
'Pancham told me once, "It's very difficult to be taken seriously when there are stalwarts like Shankar-Jaikishan, S D Burman, Madan Mohan and Naushad... How do I make my mark?"' Amit Kumar salutes R D Burman on his 30th death anniversary on January 4.
Anil Agarwal-led Vedanta's Sterlite Copper has come out with a fresh notification inviting expressions of interest (EoIs) to supply raw materials like copper concentrate, imported thermal coal, rock phosphate and petroleum products, among others, as part of its preparatory measures to restart production at its Thoothukudi unit in Tamil Nadu. This plant is likely to restart operations if a Supreme Court verdict goes in favour of the company. On June 12, the company had invited EoIs for carrying out plant 'restart activities'.
Ram Charan's wife Upasana may not be a hotshot celeb, but she knows her way around fashion.
Regional and local fast-moving consumer goods (FMCG) brands are gaining momentum at the cost of national brands for the second quarter in a row. Consumer brands are now losing out on share, especially at the mass end of the market. Local brands have been able to capture market share as prices of raw materials are lower.
'I started looking at the raw images put out by NASA 10-12 years ago.'
As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.
The lowly kadu is promoted to an awesome pumpkin soup.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
Kho Gaye Hum Kahan is a light glimpse into healthy young lives ready to soar in their own sweet skin, applauds Sukanya Verma.
Left-arm spinner Shams Mulani grabbed a match haul of 10 wickets as Mumbai defeated Andhra by 10 wickets to secure a successive bonus-point victory in the Ranji Trophy in Mumbai on Monday.
Gujarat Cricket Association creates half-a-dozen mini-ICUs for spectators in case of medical emergency
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