Double Tree, the company that made the special dough for the test, told the publication the cookie samples would undergo ‘additional testing by food science professionals to determine the final results of the experiments.’ On the basis of the test, it would be decided if the cookies are safe to eat during space expeditions. … [Read more...] about Astronauts bake chocolate cookies in space
Centrum Broking said Larsen & Toubro has maintained its ex-services revenue growth guidance of 12-15 percent (9MFY20 growth of 4.7 percent), implying a robust growth recovery in Q4FY20. "This recovery is likely to be driven by improved execution in its Maharashtra & NCR based projects, resumption of works in its Andhra Pradesh projects as well as improved payments in government contracts." … [Read more...] about Brokerages upgraded 6 stocks to ‘buy’ post Q3 earnings; should you buy?
When asked if the company would utilise the funds raised through the FPO for the capacity enhancement in case the funds from the government do not come, he said, "The FPO proceeds will have to be used towards partial repayment of loans, funding our working capital requirements and general purpose. For our capex, we will have to wait for the ministry to release the funds." … [Read more...] about Telecom gear maker ITI to invest Rs 150cr to boost solar panel capacity
"We have lined up Rs 600 crore in fresh capital investment to develop two new models for the next two years. These new vehicles will come out from our next generation monocoque platform coming up at our Pithampur, Indore, works for T1N," Prasan Firodia, managing director, Force Motors, told PTI. … [Read more...] about Force Motors plans Rs 600cr capex to develop 2 new models
Relatively inexpensive FMCG scrips of ITC, Jyothy Labs, Marico require closer lookLast year’s Union Budget tried to address growth challenges by improving income – through direct tax incentives, the PM-KISAN scheme and also by focusing on rural infrastructure & food processing industries and Made-in-India initiatives. Since then, consumption growth has only worsened further while the fiscal space has narrowed for a big bang stimulus. However, we believe that the sharp domestic slowdown warrants a stronger push towards increasing disposable income, especially in rural areas and focusing more on made in India initiatives in the upcoming budget. … [Read more...] about Budget preview: Rural stimulus & protectionist measures may aid consumption stocks