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BPCL Consolidated June 2022 Net Sales at Rs 121,081.80 crore, up 70.67% Y-o-Y

August 8, 2022 by www.moneycontrol.com

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Bharat Petroleum Corporation are: Net Sales at Rs 121,081.80 crore in June 2022 up 70.67% from Rs. 70,946.37 crore in June 2021. Quarterly Net Loss at Rs. 6,147.94 crore in June 2022 down 314.01% from Rs. 2,872.77 crore in June 2021. EBITDA stands negative at Rs. 5,494.87 crore in June 2022 down 255.04% from Rs. 3,544.07 crore in June 2021. BPCL shares closed at 336.40 on August 05, 2022 (NSE) and has given -10.45% returns over the last 6 months and -26.41% over the last 12 months. Close Bharat Petroleum Corporation Consolidated Quarterly Results in Rs. Cr. Jun'22 Mar'22 Jun'21 Net Sales/Income from operations 121,081.80 104,079.84 70,946.37 Other Operating Income … [Read more...] about BPCL Consolidated June 2022 Net Sales at Rs 121,081.80 crore, up 70.67% Y-o-Y

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Europe eyes Musk’s SpaceX to replace Russian rockets

August 12, 2022 by www.theedgemarkets.com

- A + A PARIS (Aug 12): The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk's SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access to Russia's Soyuz rockets. The private American competitor to Europe's Arianespace has emerged as a key contender to plug a temporary gap alongside Japan and India, but final decisions depend on the still unresolved timetable for Europe's delayed Ariane 6 rocket. "I would say there are two-and-a-half options that we're discussing. One is SpaceX, that is clear. Another one is possibly Japan," ESA director general Josef Aschbacher told Reuters. "Japan is waiting for the inaugural flight of its next generation rocket. Another option could be India," he added in an interview. "SpaceX I would say is the more operational of those and certainly one of the back-up launches we are looking at." Aschbacher said talks remained at an exploratory … [Read more...] about Europe eyes Musk’s SpaceX to replace Russian rockets

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Sentoria’s lease agreements allegedly terminated by LADA, company taking legal advice

August 12, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 12): Sentoria Group Bhd said it is taking legal advice on the purported termination of the lease agreements for 120 acres of Malay reserve land in Langkawi by Lembaga Pembangunan Langkawi (LADA). The group’s 75%-owned subsidiary Sentoria Langkawi Sdn Bhd (SLSB) had signed two agreements with LADA in 2014 to lease 70 acres of land in Padang Mat Sirat for a lease premium consideration of RM30.49 million as well as 50 acres of land in Mukim Ulu Melaka for RM10.89 million — both with 90-year leases. LADA is the registered owner of both tracts of land. SLSB leased the two plots of land with the intention of developing them into projects known as Langkawi Geopark Resort City and Langkawi Medical Village. Sentoria said that SLSB has paid RM41.38 million to LADA as lease premium consideration with a loan of RM28.9 million from Affin Bank Bhd and the remaining RM12.48 million from internally-generated funds. In a bourse filing on Friday, … [Read more...] about Sentoria’s lease agreements allegedly terminated by LADA, company taking legal advice

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Baltic Exchange shipping updates: Aug 12

August 12, 2022 by www.theedgemarkets.com

- A + A A weekly round-up of tanker and dry bulk market (Aug 12, 2022) This report is produced by the Baltic Exchange. The Baltic Exchange, a wholly-owned subsidiary of Singapore Exchange, is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. For daily freight market reports and assessments, please visit www.balticexchange.com . Capesize The Capesize market continues to dwell in the doldrums as any attempts to spark a rally were quickly dealt a hammer blow as the 5TC closed the week at US$10,898 (RM48,434). This rate level is less than a third of the same time last year. The market was reasonably active this week. The Pacific market had most of the majors requesting tonnage for their West … [Read more...] about Baltic Exchange shipping updates: Aug 12

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These frozen coffee pods are the future of barista-quality coffee at home

April 11, 2022 by www.fastcompany.com

Each morning for the past two weeks, I’ve taken out a tiny aluminum capsule from my freezer. Inside is a small, frozen puck of coffee, which I pop in a glass and pour a few tablespoons of boiling water over from my kettle. As a Bostonian, I’ll drink iced coffee in a tundra, so I add ice cubes, top off the glass with almond milk and water, and toss the capsule into the recycling bin. And that’s the beauty of Cometeer . advertisement advertisement The new-ish company sells K-cup size capsules of flash-frozen brewed coffee, that are stashed in your freezer and reconstituted with hot water. They can also chill in your fridge or counter (or carry-on, as the company emphasizes, the capsules are TSA-compliant) for up to 24-hours and be added to cold water (or ice cream for affogato) once it melts. The capsules don’t explode or go bad if left defrosted, but the brand says the 24-hour window is when the “full complexity” is at its peak freshness. Cometeer … [Read more...] about These frozen coffee pods are the future of barista-quality coffee at home

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Phoenix returns to profitability in Q2

August 12, 2022 by business.inquirer.net

Homegrown oil company Phoenix Petroleum Philippines, Inc. returns to profitability with a net income of Php 201 million for the second quarter, its highest since the onset of the pandemic. Gradually recovering from the loss in the first quarter, gains from its overseas businesses and continued OPEX discipline across the Group grew EBITDA by 67% quarter-on-quarter. “We had a difficult start this year, but we’ve gained some traction, and are seeing favorable results from our strategies. Improved margins and our sustained prudence are paying off, and we are in a better position to cultivate growth as the market further recovers,” said Phoenix Petroleum President Henry Albert Fadullon. The company is reaping the benefits of its long-standing commitment in streamlining operations and maximizing efficiency across the business as OPEX was lower by 10% quarter-on-quarter. As part of its pre-pandemic OPEX and CAPEX rationalization programs, Phoenix has continued to advance … [Read more...] about Phoenix returns to profitability in Q2

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How to Use Your Company’s Origin Story to Attract the Right Talent

December 23, 2021 by www.inc.com

Every company has a story to be told. Some stories are driven by hardship, while others are driven by a lucky break. Some companies were formed on the backbone of years of diligent planning and research, while other spurred from a spontaneous decision of a soon-to-be-founder to quit their job and dive head-first into following their passion. Nonetheless, the idea behind the formation of the company or 'the story' is often what customers and potential employees gravitate to when building brand loyalty. Additionally, many corporate giants like Apple and Microsoft also use personal branding as another way to tell their companies' stories (for instance, it is impossible to think of Tesla without immediately picturing Elon Musk). Personal branding allows the consumer and potential employees to better understand the 'why' of a company, how they differ among competitors and what they can uniquely offer for the consumer and employees. Furthermore, a company's story and … [Read more...] about How to Use Your Company’s Origin Story to Attract the Right Talent

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These Employees Thanked Their Boss With a Tesla

July 15, 2016 by www.inc.com

Gravity Payments CEO Dan Price took a salary cut from $1.1 million to $70,000 last April, allowing him to pay every employee at least $70,000 a year. Now his employees have pulled an impressive stunt to thank him. The Seattle-based payments processing company announced on its Facebook page today that it had gifted Price a Tesla Model S . "This was a special way for us all to thank him for all of the sacrifices he's made and challenges he's faced for each of us. Through all of the successes and challenges of the past year, Dan has never once put himself first," read the post, which includes a video of Price accepting the surprise gift. The gift comes after a judge ruled in favor of the CEO in a lawsuit brought against him by his brother. Lucas Price, a co-founder of Gravity Payments, had accused Dan of paying himself too high of a salary and violating Lucas's minority shareholder rights. He sought dissolution of the company or a forced sale. Responding to … [Read more...] about These Employees Thanked Their Boss With a Tesla

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3 Wealth-Building Strategies You Haven’t Thought Of Yet

August 12, 2022 by www.forbes.com

Share to Twitter Share to Linkedin People are concerned about money. More than half ( 54% ) of the United States workforce cite money issues as a larger cause of stress than their health and relationships. Finding unique wealth-building strategies is an excellent way to feel ahead of the game, and the strategies don’t even have to be complex! Here are some simple tips for staying on top of your money game. Invest Your Spare Change in Crypto Crypto is a word people all around the world are now familiar with. However, the use of cryptocurrency is still a mystery to many. Bitcoin BTC was the first cryptocurrency to be outlined in principle in 2008 and is by far the most popular, with $1.03 trillion invested in it, representing around 40% of all crypto investments. The project was described by its creator, operating under the pseudonym Satoshi Nakamoto , as “an electronic payment system based on cryptographic proof instead of trust.” IRS … [Read more...] about 3 Wealth-Building Strategies You Haven’t Thought Of Yet

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Ignore The Debate Over Whether The Inflation Reduction Act Raises Taxes On Those Making $400,000 Or Less

August 12, 2022 by www.forbes.com

Share to Twitter Share to Linkedin As Congress is about to pass the Inflation Reduction Act, Washington is once again having a breathless debate over very little. This one is about whether Democrats are violating President Biden’s pledge to not raise taxes on households making $400,000 or less annually. But here’s the secret: This is yet another ridiculous political argument. The Tax Policy Center analyzed the big climate, health, and tax bill three different ways. The bill is quite progressive every time. On average, the after-tax incomes of low- and moderate-income households either would go up a bit or not change in any measurable way. The average after-tax incomes of high-income people would decline. But on average, the vast majority of households will barely notice any tax change, one way or the other. Effectively zero tax change In one TPC analysis , average taxes of middle-income households would fall by $100. In another, they’d go up … [Read more...] about Ignore The Debate Over Whether The Inflation Reduction Act Raises Taxes On Those Making $400,000 Or Less

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