'Now that we are a pure-play India business, many investors are open to investing.'
'Leo wants to return to Barca and I would also like him to return'
Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023, riding on a gradual recovery in the FMCG industry despite operating in challenging environment. The company had posted a consolidated net profit of Rs 2,391 crore in the same quarter last fiscal, Hindustan Unilever Ltd said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 15,679 crore as against Rs 14,757 crore in the corresponding period last fiscal.
Edtech major Byju's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, Byju's had "over hired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do course correction. "There has been no retrenchment as of now.
India has a long history of commodity futures trading, dating back to more than 125 years. But futures trading in commodities was interrupted in the mid seventies as the government wanted to usher in an elusive socialistic pattern of society.
India has a long history of commodity futures trading, dating back to more than 125 years.
South Africa wants to infuse fresh blood going into next year's World T20 in Australia.
Prime Minister Narendra Modi assured all possible help to Indian athletes in their endeavour to achieve greater heights and expressed confidence that the country will better its Hangzhou performance in the next edition of the Asian Games.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'
A new theme song for the INDIA bloc will be released.
India's leading fencer C A Bhavani Devi has found a rather interesting way to train amid the ongoing lockdown by s using her kitbag as target practice to be battle ready. The 26-year old trailblazer has given fencing an identity in India and has won laurels at the international level through her hard work and determination.
Holder said the challenge in the batting friendly Indian conditions would be to get scores of 300-plus consistently.
'Few unfortunate run outs ... but it teaches you that failure is not failure, it's actually a learning. We will take a lot of learning from this and we promised we are going to work hard.'
'The experience and dedication of our boxers make me confident in their abilities to excel at the Asian Games.'
However, Jyothi Yarraji failed to make the cut for the women's 200m final. The Indian had a timing of 23.78s.
Top pistol shooter Ankait Tomar was removed from the Indian contingent bound for the ISSF World Championships in Baku a week before its departure because of a "minor scuffle with a fellow shooter", said his father on Sunday.
Former Chelsea striker Didier Drogba has said he is discussing his future with Major League Soccer team Montreal Impact but that retirement talk was premature. French media reported on Wednesday that the 37-year-old Ivorian was to quit playing and join the coaching staff of Premier League champions Chelsea under interim manager Guus Hiddink. "Lovely to receive these messages but I have not yet announced my retirement and am still in discussion with @impactmontreal about my future," Drogba, who has a contract with Montreal Impact through to December, posted on Twitter.
'He needs to add that a yard or to his pace if he has to be really successful at this level.'
Who knows the world record equalling 49th hundred might just happen at the same venue where it all started.
How does the Commodity Futures Market operate and how can it help you as an ideal investment opportunity?
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Eating 'tasteless' supplements, undergoing breathing exercises and yoga is not something a teenager would love to do daily but that is the routine of shooter Ramita Jindal who has emerged as a star for India in the Asian Games.
Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
'We've got a huge track record and success in bringing several biosimilars to the market.'
As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.
While both institutions provide financial assistance, there are significant differences between them in terms of offerings, eligibility criteria, interest rates, and other crucial factors.
The futures market tends to be quite liquid, and it is harder for traditional traders to control prices.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
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.
A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.
The IOA ad-hoc committee on Wednesday decided to hold much-awaited Asian Games wrestling trials on July 22-23.
Future Cities India 2020 is a design competition for students.
Australia has blazed a trail for women's cricket in recent few years but some players are worried that the national board may trim back domestic competitions as part of cost-cutting measures.
In the July to September quarter of 2023-24 (Q2FY24), Voltas' revenues grew by 29.7 per cent year-on-year (Y-o-Y), but the adjusted net profit was down by 63 per cent Y-o-Y. The revenues hit Rs 2,290 crore, led by growth in the Unitary Cooling Products segment (up 15.4 per cent Y-o-Y, and in the EMP (Electromechanical project) business (up 66.8 per cent Y-o-Y). The UCP revenue rose to Rs 1,200 crore in Q2FY24, driven by volume growth despite weak consumer spending - the three-year annual growth is 18 per cent.
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
The collective brilliance of the Indian XI in the 2023 World Cup makes a compelling case for each player to be considered for inclusion in every World XI.
Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.
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