A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Using black rice in your idlis makes them more nourishing.
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.
UK-based Vedanta Resources is looking to start copper production at its Konkola copper mines (KCM) in Zambia and is eyeing to serve global and Indian markets, according to company executives. Promoted by billionaire Anil Agarwal, the miner in November 2023 regained control of the copper mines and smelter, which the Zambian administration had seized in 2019, but needed to pay creditors of the mines to revive operations. The conglomerate was locked in a legal battle over the ownership of the KCM mines prior to a September 2023 Zambia government decision to reinstate the group as owners of the mines.
This spicy tangy preparation is quite popular during the festival season.
Voters, it is said, get the government they deserve. We will soon see what voters in Maharashtra choose. Till then, a sense of helplessness and scepticism hangs in the air, notes Ramesh Menon.
Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former's attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
The Apprentice is a keenly observed and entertaining biopic about the making of a man who is mostly responsible for all that has gone wrong with current American politics, observes Aseem Chhabra.
Defence Secretary Lt Gen (retired) Alam Khattak told the Senate Standing Committee on Defence on Wednesday that RAW had set up a 'special cell' to sabotage the ambitious CPEC.
21-year-old fast bowler Mayank Yadav announced himself on the biggest stage, the IPL, with a fiery debut for the Lucknow Super Giants.
Poet, writer and former IPS officer Keki N Daruwalla, whose magic with words gained him national and international repute, has died at a Delhi hospital after prolonged illness and a spell of pneumonia. He was 87.
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
'I don't know of any happy moment in my life which has helped me to grow, whereas pain has always been a means to evolve.'
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
'I needed a lot of elements for this character, and I realised that Kartik definitely had the raw material to play Chandu Champion.'
Kohli's frustration was evident as he trudged back to the pavilion, mirroring the disappointment etched on wife Anushka Sharma's face in the stands.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
The Appointments Committee of Cabinet headed by Prime Minister Manmohan Singh approved Joshi's appointment as Secretary (RAW) for a period of two years or until further orders, whichever is earlier, the order said. Joshi will succeed Sanjeev Tripathi whose tenure ends on December 29.
There are so many loopholes in this lazily scribbled plot, it could be a different movie and still as crummy, observes Sukanya Verma.
The stock of United Spirits, the country's largest liquor company by market capitalisation (mcap), has gained 11 per cent over the past week on double-digit growth guidance, rising premiumisation trend, operationally in-line performance in the March (Q4FY24) quarter and a rally in consumer stocks. The revenue growth of the company came in at 7 per cent year-on-year (Y-o-Y) mirroring the growth of the prestige and above (P&A) segment. This segment comprising premium brands accounts for 88 per cent of the revenues.
The early-bird results for the April-June quarter of 2024 (Q1FY25) hint at a slowdown in corporate revenues and profits in FY25. Corporate profits might face headwinds from a continued revenue growth slowdown and a reversal in margin gains from lower commodity and energy prices in FY24. The combined net profit (adjusted for exceptional gains and losses) of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters.
Pakistan on Thursday claimed to have arrested three Pakistani citizens, who have been allegedly trained by India's Research and Analysis Wing, in the eastern Punjab province for allegedly spying for India.Announcing the arrest, Capital City Police Officer Pervez Rathor claimed that the three were working for RAW, the local Geo TV reported.He claimed that the trio used to provide photographs of important places to the RAW, while some important buildings were on their target.
John Abraham and Nikkhil Advani step up their creative collaboration as they bring forth the new actioner Vedaa.
After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.
Concerns have been raised over Marico's exposure to Bangladesh in the wake of turmoil in that country. However, the management reiterated expectations of growing domestic business at double digits and maintaining international growth. Marico scaled up its food business by 4 times between FY20-24 and aims to double it again in the next three financial years.
Bangladesh pacers have also been fortunate to have come under the tutelage of South African great Allan Donald and former West Indian pacer Otis Gibson.
India has never beaten Sweden in five attempts in the Davis Cup.
'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.
Inflencer and vlogger Shenaz Treasury chooses her favourite quiet spots.
The Street will thus keep an eye on the operating profit margins over the next couple of quarters.
A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak season for the country's largest beer maker, United Breweries. The beer maker, which has gained share in some key markets, will be a major beneficiary as April to July is an important period contributing to 40-45 per cent of its annual beer volumes. Going ahead, the T20 Cricket World Cup in June and the ongoing IPL will have a positive impact on volumes and should be able to offset the negative impact of elections on sales, experts believe.
From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
The recent 'revelation' by TN fishers freed by Sri Lanka after they had paid up Lankan rupees 50,000 each in fines, that their hair was tonsured in prison and they were forced to remove their garments other than the underpants, and were also made to clean toilets, as if with vengeance, has touched a raw nerve this time, just as another issue or issues had done it ahead of the Jallikattu protests, observes N Sathiya Moorthy.
Celebs who will inspire you to embrace the golden hour but also teach you a trick or two on how to capture that perfect Kodak moment.
Incorporating millets into your breakfast is always a good idea.
