Tata motors

Photographer: Dhiraj Singh/Bloomberg Tata Consumer Products Ltd (TCPL) on Wednesday reported 38.2 per cent rise in consolidated net profit at Rs 276.72 crore for June quarter 2022-23. The company had posted a net profit of Rs 200.24 crore for April-June period a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing. Revenue from operations was up 10.58 per cent to Rs 3,326.83 crore during the quarter under review as against Rs 3,008.46 crore in the corresponding period last fiscal year. Total expenses of the Tata Group FMCG arm were at Rs 2,958.72 crore as against Rs 2,696.19 crore. Revenue from the Indian market in April-June was at Rs 2,145.20 crore as against Rs 1,971.76 crore in the year-ago period. Read More Its International Business contributed Rs 836.62 crore, up 9 per cent as against Rs 767.58 crore. "We delivered double-digit revenue growth and improved profitability for the company despite a challenging macro … [Read more...] about Tata Consumer Products Q1 profit up 38% to Rs 277 crore

Share to Twitter Share to Linkedin Climate advocates are asking themselves whether the globe can hit its net-zero targets when the developing nations rely on coal to fuel their energy needs. While China and India power their economies mainly using coal, the Asian giants are committed to using far cleaner electricity and ultimately becoming carbon neutral. These are not platitudes meant to quell the developed nations. Achieving net zero is a must — to improve living conditions while reducing climate emergencies and attracting multinational corporations. Asia will remain the world’s biggest consumer of coal, but Bloomberg New Energy Finance predicts it will peak there in 2027. After that, renewables will eat into its market share. “The central government sets the overall direction, and the state governments implement it,” says Rajiv Ranjan Mishra, co-chair Confederation of Indian Industry National Committee. “In this system, we often go two steps forward … [Read more...] about India Commits To Aggressive Climate Action With International Financing

The Adani group lost over $100 billion after Hindenburg Research's investigation. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Traders who had taken a position on Adani Group stocks in the futures and options (F&O) market on February 3 had a tough day managing the volatility as the stocks saw a roller coaster ride. Initially, as Adani Enterprises plunged 35 percent, traders shifted their position to 1,000 and 1,100 strikes, especially call writers. However, a swift and sharp recovery created a squeeze for them. Bars reflect change in OI during the day. Red bars show call option OI and green put option OI. As of the close of the market, put writers maintained their position deep out-of-the-money options with the highest fresh put writing at 1,200 strike. A part of this could also be due to hedging by traders. 1,500 … [Read more...] about Adani stocks continue to unnerve traders; set up still weak for Adani Enterprises

Share to Twitter Share to Linkedin Beach bike cruising is about to get a whole lot easier, thanks to Priority Bicycles . If you’ve followed my fandom of Priority Bicycles , then I have exciting news to share. The independent New York-based brand dedicated to making cycling simple for everyday riders, is releasing the Coast beach cruiser, the only electric, belt-driven beach cruiser on the market. If you weren’t sure you needed your breezy coastal ride to be even breezier, well, it turns out you do. You can ride further along the island or coastal route of your choice with this electric, belt-driven bike. Priority Bicycles remains the industry leader in high-quality, low-maintenance belt drive bicycles and is the creator of the award-winning Coast beach cruiser. Monday, the company announced its new e-Coast , the only electric, belt-driven beach cruiser on the market. The e-Coast is designed to combat coastal elements, the same salt, sand, … [Read more...] about Beach Cruising Is About To Get A Whole Lot Faster, Thanks To E-Coast By Priority Bicycles

Share to Twitter Share to Linkedin There used to be a commercial for a new microwave where, as the pitchmen described its benefits, a skeptical man in the front row kept mumbling, “But does it brown the food?” I often feel like that when observing discussions about the transition to electric vehicles, because so much verbiage sounds like pitchmen extolling a product while avoiding the critical issue: will consumers prefer them in place of conventional vehicles? The next several posts will address this question in some detail; this post will try to identify the factors that are not important or exaggerated in discussions of the issue. The first lesson should be that the past failure of electric vehicles to be adopted does not prove that the technology isn’t viable now, but should raise skepticism about claims from advocates, many of whom also gushed about the previous effort to promote electric vehicles in the 1990s. Those were spurred on by the California … [Read more...] about Some Realism About The Transition To Electric Vehicles

Share to Twitter Share to Linkedin The best high chairs boast bells and whistles that our grandparents never dreamed of, and yet, the best ones continue to deliver in a few key areas: durability, cleanability and the best positioning for children. After testing 10 high chairs over several weeks and researching many other bestsellers, I found the Graco Blossom 6-in-1 to be the best high chair overall considering how easy it was to clean, adjust, buckle and use. Not only does it support the baby in a proper eating position, but the tray is removable with an easy one-handed motion. Another favorite was the Peg Perego Siesta as the best splurge high chair. If you’re willing to spend another hundred dollars (or $200, depending on sales and colors), you’ll gain a few more features in the Peg Perego, including the ability to fold it for storage and a slightly elevated look. (Read my in-depth reviews of the Graco Blossom and the Peg Perego Siesta .) Then there … [Read more...] about The Best High Chairs Tested To Ensure Proper Seating For Babies And Tots

Share to Twitter Share to Linkedin Oracle Red Bull Racing made two major announcements in New York City on Thursday and Friday, a sign of Formula 1’s growth in the United States. Red Bull, which is run by team principal Christian Horner, will welcome Ford into the organization in 2026. The blue oval will partner with Red Bull on the engine side of the racecar, teaming with Red Bull Powertrains, ahead of Formula 1's new engine package. "Ford is returning to the pinnacle of the sport, bringing Ford's long tradition of innovation, sustainability and electrification to one of the world's most visible stages,” Ford executive chair Bill Ford said. The highly anticipated partnership will mark Ford’s return to Formula 1 after it sold its Jaguar team to Red Bull in 2004. It’s also symbolic as General Motors GM attempts to join Ford as a second American manufacturer to enter Formula 1. GM is partnering with Andretti Global , led by Michael Andretti, to be … [Read more...] about Oracle Red Bull Racing Announces Major Partnerships With Ford, Rokt

Representative image. Tata Group's flagship company, Titan Company Ltd's revenue is up by 14 percent, but there is a miss on the margin front. Third quarter EBITDA is also lower due to a 200 basis point compression in the jewellery segment. However, in an exclusive interview with CNBC-TV18, Ashok Sonthalia - Chief Financial Officer of Titan said that the consumers have started to fulfil their purchases again despite gold prices rising. "Quarter three started very well with the festive season. October month did extremely well, and it is typically after that season ends some slowdown happens," Sonthalia said. Shares of Titan Company Ltd were trading in green, up 5.24 percent at 1:24 pm, on February 3, as per BSE. Despite the volatility in demand due to the rising prices of gold, Sonthalia said that the company finds the Q3 retail sales growth satisfying. Speaking on the competition faced by the company, Sonthalia said that the company tackled it well with its marketing … [Read more...] about Consumers flocking to buy gold despite high prices, says Ashok Sonthalia of Titan

(Representative Image) The central government has directed Tata-led Air India's management to deduct Rs 95,000 per month from the employees overstaying in the official accommodation at Vasant Vihar Colony in Delhi after the last notice by the government to vacate by July 26, 2022, as per a report by the Economic Times . The employees will incur the deduction from the month of October. Moneycontrol could not independently verify this news development. A person aware of the development told ET that salaries would be deducted according to the directions from the government from this month. "Deductions are in the range of upto Rs 95,000 per month. Many employees will not even get a salary after this," an Air India staffer residing in Vasant Vihar colony said. Moneycontrol could not independently verify this news development. Disinvestment did not include residential colonies, and the government has relocated the properties to Air India Asset Holdings Limited along … [Read more...] about Govt asks Air India to charge employees Rs 95,000 a month for overstaying in official accommodation

Representative Image The Real Driving Emissions (RDE) norms coming into effect in India from April 2023 onwards will cause the discontinuation of several cars and SUVs. This new set of emission regulations will measure pollutants such as NOx emitted from a car in real-world driving scenarios, taking into account the frequent changes in speed, acceleration and deceleration. Once the new norms are in effect, carmakers will have to upgrade their engines to lower emissions. The engine updation process will be expensive, especially for diesel vehicles and hence as many as 27 cars and SUVs are likely to be discontinued in the Indian market. RDE norms will require vehicles to have an on-board self-diagnostic device to scan real-time driving emission levels. The device will monitor critical parts such as catalytic converters and oxygen sensors for meeting emission standards. Carmakers will also have to upgrade the semiconductors of the vehicles to scan crankshaft positions, throttle, and … [Read more...] about These 17 cars and SUVs will be discontinued in India from April 1, 2023, Here’s why