News Reality

Tata Chemicals Q2 net profit up 52% at Rs 273 cr

by www.business-standard.com
Tata Chemicals today reported 52 per cent increase in consolidated net profit to Rs 273 crore for the September quarter of the current fiscal. Its net profit was Rs 180 crore in the July-September quarter of last fiscal, 2016-17. Tata Chemicals' income from operations fell marginally by 0.7 per cent to Rs 3,462 crore in the second quarter of 2017- 18, the company said in a statement. "Consequent to implementation of Goods and Service Tax (GST) from July 1, 2017, net income from operations is net off GST," it added. The outstanding subsidy receivable stood at Rs 1,228 crore at the end of second quarter. The company's consolidated net debt on September 30 was Rs 4,459 crore against Rs 5,573 crore on March 31, 2017. Tata Chemicals Managing Director R Mukundan said, "The quarter under review saw a steady performance from the Indian as well as global chemicals business, registering improved profitability owing to cost and operational efficiencies." In the consumer business, he .
Read Full Article On www.business-standard.com
Latest
Ryanair’s decision to recognise unions for the first time will not alter its profit forecast for the year, chief executive Michael O‘Leary has said.
Bombardier is closing in on the second deal for its C Series jet since reaching a landmark agreement with Airbus a few weeks ago that will see the European aircraft maker take control of the programme
What on earth must farmers in Britain make of the recent utterances by their Minister for Agriculture, Michael Gove?
LIUZHOU, China,  (Reuters) - Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company.
TOKYO (Reuters) - The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to
As the administrative head of the SC, the CJI can influence the result by simply choosing judges that he thinks may favour a particular outcome
Former chief White House strategist Steven Bannon will not stonewall special counsel Robert Mueller like he did the House Intelligence Committee, the Daily Beast reports. “Mueller will hear everyth
Prime Minister Narendra Modi inaugurated Hindustan Petroleum Corporation Ltdâ??s (HPCL) Barmer Refinery yesterday and CNBC-TV18â??s Anshu Sharma caught up with the CMD of HPCL MK Surana and asked
The installation of hundreds more steel safety posts along Las Vegas Strip sidewalks has been delayed at least another three weeks because of a continuing payroll dispute.
TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the
A top state regulatory official on Tuesday likened a controversial ballot measure that would allow Nevadans to pick their power provider to getting a tattoo.
President Donald Trump failed his first year in office, voters say. Asked to grade Trump’s first year in office, more voters gave him an “F” than an “A” and “B̶
After being criticised for his controversial remarks on sexual harassment in Hollywood, actor Matt Damon said that he vows to spend more time listening and less time talking.While giving an interview
Indian-American Congresswoman Pramila Jayapal has announced that she would skip President Donald Trump's State of the Union address, in protest against his policies and rhetoric against immigrants.
Ford CEO speaks to a packed house on Day 2 of the Detroit auto show.        
TOKYO (Reuters) - Japanese orders for machinery surged to their highest level in a decade in November, in a sign businesses may finally be responding to policymakers' efforts to get companies to spend
In an interview with Fox News’ Sean Hannity, President Donald Trump’s son Eric jumped to the defense of his father by appearing to credit him for the “defeat” of the Islamic St
A layer of dense fog engulfed the national capital and its nearby area - Noida and Gurugram - on Wednesday with minimum temperature hovering around nine degree Celsius.The visibility has drop to below
The yoga guru was speaking at an event to mark Patanjali#39;s entry into e-commerce space by joining online retailers for selling its products.
The company#39;s IPO committee has finalised allocation of 20,80,459 equity shares to 15 anchor investors at Rs 859 apiece, also the upper price band for the offer, Amber Enterprises informed the st

Recent News

Federal NDP Leader Jagmeet Singh engaged to clothing designer Gurkiran Kaur

TORONTO - Federal New Democratic Party Leader Jagmeet Singh pulled back the curtain on his closely guarded private life, letting Canadians know Tuesday night that he is engaged. Singh, 38, proposed .
Read Full Article

Media want to broadcast murder trial of farmer charged with in Indigenous man's death

SASKATOON - A Saskatchewan judge is to rule on whether the media can broadcast parts of the trial of a farmer charged in the fatal shooting of an Indigenous man. Gerald ......
Read Full Article

World's biggest flooded cave found in Mexico, explorers say

MEXICO CITY (Reuters) - A group of divers has connected two underwater caverns in eastern Mexico to reveal what is believed to be the biggest flooded cave on the planet, a discovery that could help...
Read Full Article

Accusers Share Stories of Abuse by Former Team Doctor

A four-day sentencing hearing for Lawrence Nassar began with a large group of the former USA gymnastics doctor’s victims sharing their stories.
Read Full Article

Sports of The Times: The Center of U.S. Gymnastics’ Success Is Now a Haunted House

Athletes have said that they were sexually abused by the team doctor at the national training center in Texas, and Simon Biles said she dreads returning there. She shouldn’t have to.
Read Full Article

There’s a time for training but a time to switch off, too

At this time of year when you’d nearly get the impression that every county player would rather he was anything else, it’s worth bearing in mind that there have been some players that we h
Read Full Article

Rory McIlroy: You can’t beat that winning feeling

Rory McIlroy feels a first win since September 2016 is “not far away” as he prepares to make his competitive comeback in the Abu Dhabi HSBC Championship.
Read Full Article

Can Cork’s finest stop the Kingdom from ruling again?

It should come as no surprise that Kerry’s dominance over Cork at minor level is mirrored on the schools front.
Read Full Article

‘We got it totally wrong, on and off the field’, says Mikey Sheehy

At yesterday’s Allianz Football League launch, Kerry selector Mikey Sheehy sat down to discuss the county’s dismal All-Ireland semi-final replay defeat to Mayo last year and his hopes for
Read Full Article