A looming global shortage of diesel in Europe presents India with more than one opportunity to profit from strong margins. A shortage of the fuel, a key contributor to inflation, has been exacerbated by the conflict in Ukraine, and western sanctions on Russian fuel supplies. The slowdown in natural gas supply means the West needs diesel to heat their homes this winter.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
This isn't a hatchet job, and my excuse for the exercise is my feeling that when you invert some of the clichés mentioned here, you might just arrive at the portals of genuine movie-making energy, says Sreehari Nair.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
Rising prices of cereals and concerns over rice production in the 2023-2024 crop year due to insufficient rains followed by floods could be the possible causes.
Google CEO Sundar Pichai has announced that the tech giant will soon launch an Artificial Intelligence (AI) powered chatbot called 'Bard', aimed at countering the popularity of the ChatGPT tool backed by Microsoft. According to a blog post by Pichai, the conversational AI service will be assessed by a group of "trusted testers" before being rolled out to the public in the coming weeks. "Bard can be an outlet for creativity, and a launchpad for curiosity," Pichai, the Indian-origin CEO of Google and parent company Alphabet, said on Monday, adding that Google's chatbot will be able to explain complex subjects like new discoveries from NASA's James Webb Space Telescope to a nine-year-old.
The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.
Today, Anirudh Ravichander's name on a film's poster is enough to pull in audiences, notes Arjun Menon.
Reliance Industries (RIL) has been distilling its investment strategy to meet new goals. The share of the new energy vertical - its key focus area - accounts for more than a fourth (26 per cent) of the total war chest of $6.4 billion, ploughed into acquisitions and picking up stake from 2018 to date, reveals the latest Morgan Stanley data. Nearly half the incremental investments made on deals by RIL between August 2020 and September this year ($3.3 billion) has been spent on new energy - acquiring global companies with technology and expertise.
India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.
Reliance Industries Ltd on Friday reported a 15 per cent drop in its net profit to Rs 15,792 crore for the third quarter, according to a company's stock exchange filing. The net profit of Rs 15,792 crore in October-December 2022 compares to Rs 18,549 crore a year back.
'If somebody wants to finish the country and more particularly from the border state, they will start with the borders. Every extra caution should be taken to save the country. Tell your government to be very serious. They have to take every effort to save the country, it is very easy to ruin the youth'
Hindustan Unilever (HUL), one of the country's largest fast-moving consumer goods (FMCG) players, is learnt to have cut prices of its leading soaps and detergents this month by 2-19 per cent, according to the company's distributors. The cuts come after consistent price increases by the company as well as its peers, following the sharp rise in raw material prices in the past several months. It is only recently that prices of raw materials have started to correct from peak levels in the June quarter.
State health minister warned against indiscriminate use of steroids to treat COVID-19 patients.
India's plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat. Though state-run oil companies had decided to set up at least 12 plants in 2016-17 with an investment of around Rs 10,000 crore, this will be the first unit coming on track while others are stuck in various stages owing to issues like capital expenditure, lack of feedstock, and high rates of finished products compared to traditional ethanol units. According to industry sources, three more second-generation plants are coming up.
The visit, which is expected around April 22, is long overdue after Johnson was forced to cancel planned visits to India twice last year due to the COVID-19 pandemic.
Baijiu is the world's most consumed form of liquor thanks to its popularity in China.
From paints to apparel and lifestyle majors, brewers, distillers and fragrance makers have stepped into the market, even as the frontline companies including FMCG players, pharma and healthcare majors were the first to seize the opportunity created by Covid-19.
It also sought permanent exemption from the requirements that wine and distilled spirits labels include an ingredients list and disclose the date the product was manufactured.
They'll have you grooving to their latest numbers.
The victims of Kurichedu village had been drinking sanitiser for the past few days, mixing it with water and soft drinks, Prakasam district Superintendent of Police Siddharth Kaushal said.
Young Indians seem genuinely enthusiastic about craft brands that are hip, aspirational and have plenty of the novelty quotient, says Dhruv Munjal.
'This is evidently pure vendetta politics and may even end up helping the Akalis in the elections'
The company restarted CDU-I on Thursday, an industry source said. Earlier this month the company had said it would partially shut down the refinery (J-1) for 2-3 weeks to carry out maintenance work.
The Blue Grass region of Kentucky is home to the distilleries, which make about 9 out of every 10 bottles of bourbon.
The conversion produces significantly more energy than it requires and results in transportation fuels -- diesel, for example -- that can be blended with existing ultra-low-sulphur diesels and bio-diesels, researchers said.
Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd have restarted their Mumbai-based refineries, which were partially shut following incessant rains.
T'I am not going to buy small- or mid-cap stocks at very high valuations if it doesn't make sense for the investors.'
Johnnie Walker, the largest Scotch whisky, was also helped by healthy growth in India and South Africa.
The Scotch whisky industry said it exported 40 bottles per second in 2011.
'India has many attractive features for the long-term investor; it combines: A low per capita income, a young population, and a heavier presence of high margin, asset-light firms in the technology sector.'
Take a look at Germany's journey to the World Cup final in Brazil. It takes years for a fine wine to mature and the Germany team that ripped Brazil apart 7-1 in an astonishing World Cup semi-final has become a rare vintage with coach Joachim Loew finally getting the blend right.
Much as you enjoyed watching these films, it is time you realised that their fairytale-themed stories are far from realistic.
I remember a showbiz wedding during which guests had to sit through several painstakingly rehearsed but awkward dances performed by the bride's and groom's relatives. When Karan rolled his eyes, I smiled and said to him, 'You started it, now you suffer it.' An enchanting excerpt from Anupama Chopra's A Place In My Heart.
'Huma is one of those actors who makes acting seem effortless.' 'But that happens because she has put in a certain amount of preparation.' 'She has a certain confidence that allows her to let go.'
'Frankly, India has no role to play.' 'This is a showdown between the US and NATO on one hand and Russia on the other.' 'That said, the outcome of this titanic struggle in Central Europe will remould the world order and affect India profoundly,' argues Ambassador M K Bhadrakumar.
Kishore Chhabria and Vijay Mallya have called truce. What drove Mallya to the negotiating table? What does it mean for Chhabria?
