News for 'Chemicals Limited'

Budget focuses on domestic consumption amid global uncertainties

Budget focuses on domestic consumption amid global uncertainties

Rediff.com4 Feb 2025

The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.

Will weaker rupee push India's import bill?

Will weaker rupee push India's import bill?

Rediff.com17 Jan 2025

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.

Maha's GBS toll rises to 4, case tally at 140; T'gana reports 1st case

Maha's GBS toll rises to 4, case tally at 140; T'gana reports 1st case

Rediff.com1 Feb 2025

A 36-year-old man diagnosed with Guillain-Barr Syndrome (GBS), a rare nerve disorder, died in a civic-run hospital in Pune, taking the number of suspected GBS fatalities to three in Maharashtra. The patient, a driver with a cab service, was admitted to the Yashwantrao Chavan Memorial Hospital (YCMH) in Pimpri Chinchwad on January 21. An expert committee at YCMH concluded that the cause of death was trauma to the respiratory system due to pneumonia, leading to severe difficulty in breathing. The committee also noted that the patient had been diagnosed with GBS, with a nerve conduction test done on January 22. The immediate cause of death was identified as severe acute respiratory distress syndrome (ARDS). With the latest loss of life, the number of suspected GBS deaths in Maharashtra has reached three. According to health officials, the suspected cases of the rare nerve disorder have risen to 130 in the state. Most of the cases in the state are from Pune and surrounding areas, and these infections, including the latest case, are likely linked to contaminated water sources. Campylobacter jejuni, a bacteria found in contaminated food and water, is believed to be the reason for the outbreak.

As pure 'as alkaline water': UP quotes scientist on Sangam water

As pure 'as alkaline water': UP quotes scientist on Sangam water

Rediff.com21 Feb 2025

The Uttar Pradesh government, citing a scientist, has asserted that Ganga water at the ongoing Maha Kumbh in Prayagraj is as pure as "alkaline water", debunking concerns raised by the Central Pollution Control Board (CPCB) about water quality. The government claims that a scientist found no bacterial growth or decline in the water's pH level, despite millions of devotees bathing in the river. However, experts caution that the quality of the Ganga water is not static and can vary greatly depending on various factors.

One Week For IIT-JEE Main 2025: What You Must Do

One Week For IIT-JEE Main 2025: What You Must Do

Rediff.com14 Jan 2025

rediffGURU Nayagam PP offers a detailed guide to equip you with effective strategies, tactics and tips to help you excel in the upcoming IIT-JEE exam 2025.

Not Asian Paints, Berger and Indigo Paints may shine in H2FY25, says Nuvama

Not Asian Paints, Berger and Indigo Paints may shine in H2FY25, says Nuvama

Rediff.com19 Dec 2024

The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.

MTech Grads, How You Can Get Govt Jobs

MTech Grads, How You Can Get Govt Jobs

Rediff.com6 Jan 2025

rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.

RIL's Q2 net falls 5% on weak O2C business

RIL's Q2 net falls 5% on weak O2C business

Rediff.com14 Oct 2024

Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

Volume growth, lower costs positive for Coal India's outlook

Volume growth, lower costs positive for Coal India's outlook

Rediff.com9 Aug 2024

Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.

Ban on barium firecrackers binds every state, not limited to Delhi alone: SC

Ban on barium firecrackers binds every state, not limited to Delhi alone: SC

Rediff.com7 Nov 2023

The clarification by the top court, which had in 2018 banned the bursting of conventional firecrackers to curb air and sound pollution, will have ramifications across the nation.

Why Aarti Industries Tanked

Why Aarti Industries Tanked

Rediff.com22 Aug 2024

The Street will thus keep an eye on the operating profit margins over the next couple of quarters.

Will Trump's Tariffs Threat Bite India?

Will Trump's Tariffs Threat Bite India?

Rediff.com9 Dec 2024

The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.

'Nifty Pullback Needs To Be Taken In Stride'

'Nifty Pullback Needs To Be Taken In Stride'

Rediff.com22 Oct 2024

'The biggest near-term risk to Indian equities is the outflow of investments to China as tactical trades by foreign investors.'

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

Trump's 'America First' agenda may lead to higher tariffs

Trump's 'America First' agenda may lead to higher tariffs

Rediff.com6 Nov 2024

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.

Shares given as gift may escape capital gains tax

Shares given as gift may escape capital gains tax

Rediff.com9 May 2024

In a case related to Mumbai-based Jai Trust versus Union government, the court ruled that a gift is a consideration-less transaction, and hence, not liable for capital gains tax. It quashes the reassessment notice issued by the tax authorities alleging that a specific income has escaped assessment on transfer of shares as gift by the trust.

As crisis deepens, exporters concerned about Indo-Bangladesh trade

As crisis deepens, exporters concerned about Indo-Bangladesh trade

Rediff.com5 Aug 2024

Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.

'Largecaps Present Better Risk/Reward Balance'

'Largecaps Present Better Risk/Reward Balance'

Rediff.com19 Aug 2024

'Investors should consider small and midcaps only if they can handle volatility and have a longer investment horizon.'

Mr Tata Never Forgot His Ethics, Values

Mr Tata Never Forgot His Ethics, Values

Rediff.com11 Oct 2024

This was a man who like Buddha transformed himself into achieving the impossible and being an inspiration for many generations to come, says business thinker Mudit Jain.

Reliance shareholders vote to demerge oil-to-chemicals business

Reliance shareholders vote to demerge oil-to-chemicals business

Rediff.com3 Apr 2021

With the O2C business outlook on the mend, the Street is also looking forward to news on RIL's proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.

Indian Biz Sees Hope After Bangladesh SC Order

Indian Biz Sees Hope After Bangladesh SC Order

Rediff.com22 Jul 2024

'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'

Attention Deficit Disorder, The Problem Alia Bhatt Faces

Attention Deficit Disorder, The Problem Alia Bhatt Faces

Rediff.com27 Sep 2024

Attention Deficit Disorder is a neurodevelopmental condition characterised by difficulties with attention, concentration and impulse control, explains Mehezabin Dordi, clinical psychologist at the Sir HN Reliance Foundation Hospital.

How To Score High CGPA For Best Placements

How To Score High CGPA For Best Placements

Rediff.com25 Sep 2024

Create a balanced schedule that allocates time for both studies and skill development, suggests rediffGURU Aasif Ahmed Khan.

FSSAI launches probe into MDH and Everest products

FSSAI launches probe into MDH and Everest products

Rediff.com23 Apr 2024

The Food Safety and Standards Authority of India (FSSAI) has commissioned a quality check on MDH and Everest products. This follows complaints that several popular spice mixes of the two leading brands contained traces of ethylene oxide more than the permissible levels, official sources said. This move by FSSAI comes after Hong Kong and Singapore recalled variants of the two masala majors' products in their countries.

Reliance net profit drops 5% in Q1 on weak O2C business

Reliance net profit drops 5% in Q1 on weak O2C business

Rediff.com19 Jul 2024

Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.

New govt may kick off pesticide, seed reforms

New govt may kick off pesticide, seed reforms

Rediff.com18 Apr 2024

With farm Acts out of the picture, the government may look at reforming the input side of the agriculture sector - regulations and rules that govern seeds, fertilisers and plant chemicals. Sources said such a blueprint, which is aimed at making the life of farmers easier, with quicker approvals but not compromising on quality, is in the works as part of the 100-day agenda of Modi 3.0. Also, ways to administer fertiliser subsidy more effectively and cutting down on leakages and diversions to build on the success of neem-coated urea are being thought of.

No cancer-causing agents in our products: MDH on quality claims

No cancer-causing agents in our products: MDH on quality claims

Rediff.com29 Apr 2024

MDH Spices has denied allegations that its products have traces of cancer-causing agent ethylene oxide (ETO), calling them "untrue" and "lacking any substantiating evidence." "Amid speculations doing rounds that there is presence of ETO in our products, we clarify and state unequivocally that these claims are untrue and lack any substantiating evidence," a statement released by the company said.

Making Drones For India's Villages

Making Drones For India's Villages

Rediff.com16 May 2024

'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'

Lal Salaam, Comrade Buddhadeb

Lal Salaam, Comrade Buddhadeb

Rediff.com9 Aug 2024

He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

What Star Rating Does Your AC Have?

What Star Rating Does Your AC Have?

Rediff.com18 Jun 2024

Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.

'Independence Without Safety Means Nothing'

'Independence Without Safety Means Nothing'

Rediff.com16 Aug 2024

'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'

Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Rediff.com25 Sep 2023

Nirma has roped in BCG and KPMG to advise it on the fundraising options for the acquisition. The company had earlier informed banks that it would raise Rs 5,000 crore to Rs 7,000 crore in the current financial year for the acquisition. Bankers said the company will rely on its funds and future GLS dividend to repay its debt for acquisition.

HC orders Haryana govt to remove barricades at Shambhu border

HC orders Haryana govt to remove barricades at Shambhu border

Rediff.com11 Jul 2024

The Punjab and Haryana high court on Wednesday ordered the Haryana government to remove within a week the barricading set up at the Shambhu border near Ambala where farmers have been camping since February 13 when their 'Delhi Chalo' march was stopped.

IOL Chemicals to hire 400

IOL Chemicals to hire 400

Rediff.com10 Apr 2009

The new workforce will primarily take care of the company's proposed expansion with an outlay of Rs 216 crore, which would include capacity expansion for its various product lines, forward integration in the chemical and backward integration in the pharmaceutical divisions to produce raw materials for its flagship product Ibuprofen, besides increasing its cogeneration of power.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

Will govt's move to limit use of herbicide glyphosate hit India's food security?

Will govt's move to limit use of herbicide glyphosate hit India's food security?

Rediff.com10 Jul 2020

Kerala, Punjab, Telangana and Andhra Pradesh are among the major agriculturally important states that have banned the use of glyphosate citing its adverse impact on human health.

Hind Lever Chem okays merger

Hind Lever Chem okays merger

Rediff.com24 Jan 2003

Hind Lever Chemicals Ltd's board approved the proposal for amalgamation of the company with Tata Chemicals Limited.

4 Kerala PSUs part of India's first solar exploration mission Aditya-L1

4 Kerala PSUs part of India's first solar exploration mission Aditya-L1

Rediff.com4 Sep 2023

As India's first solar exploration satellite reached space, four Kerala public sector undertakings, including Keltron, have reason to be delighted as they too have contributed to this achievement by the country. Various products indigenously developed and manufactured by the four PSUs - Keltron, Steel and Industrial Forgings Limited (SIFL), Travancore Cochin Chemicals (TCC) and Kerala Automobiles Ltd (KAL) - have been used in the Aditya L1 mission. This milestone achieved by the PSUs was highlighted by state Industries Minister P Rajeev in a Facebook post.

Wealth managers advise clients to reduce their exposure to smallcaps

Wealth managers advise clients to reduce their exposure to smallcaps

Rediff.com26 Mar 2024

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.