Castrol India Lubes maker Castrol India on Monday reported a 47 percent growth in profit after tax at Rs 206.26 crore in the June quarter. The company had recorded a Profit After Tax (PAT) at Rs 140 crore the second quarter of 2021, Castrol India said in a statement. Castrol India follows January-December as its financial year. The revenue from operations rose 40 percent to Rs 1,241.71 crore in the June quarter. In the year-ago period, it stood at Rs 890 crore. The company said the second quarter performance was in the backdrop of a volatile market environment where it had to balance rising input costs, while maintaining an optimal price and volume mix. "We effected two price increases in the first half of the year our volumes and margins were under pressure compared to Q1 2022." "We will keep balancing the need to drive growth and customers’ needs while protecting the margins, as inflationary and forex pressures are likely to continue in the second half of 2022,” Sandeep … [Read more...] about Castrol India profit rises 47% to Rs 206 crore in June quarter
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We have to stop calling it a “home office.” Here’s a better term
There’s a room in our home that I’ve called my “home office” since we first moved in. I had no good reason for the name–other than an “office” is what people conventionally call a room where work is supposed to get done. advertisement advertisement But in my mind, an “office” is where good ideas go to die. An office conjures up images of cubicles, mind-numbing water-cooler conversations, personal attacks, half-empty cups of awful coffee, and headache-inducing fluorescent lights. Creativity, in other words, hates offices. So instead of calling my room an office, I started calling it an idea lab. An idea lab is where innovative ideas are born. An idea lab involves experimentation. An idea lab is for daydreaming. I love my idea lab (and I hated my office). advertisement advertisement You might be wondering: What’s in a name? Who cares what a room is called? Names matter–much more than you might assume. This is called priming. … [Read more...] about We have to stop calling it a “home office.” Here’s a better term
Eight Cool Vacations: By Lakes, Rivers, Oceans — London To Hawaii
Share to Twitter Share to Linkedin With parts of the U.S. still experiencing extreme heat, the search term “lake vacation” is currently trending higher than it has in a year. To cool off, here are eight selections of waterside escapes by lakes, rivers and seas to beat the heat from Maui to London. Lakeside Deer Path Inn – Lake Forest, IL This English-inspired boutique hotel reminiscent of a Tudor manor home is on Chicago’s North Shore. The inn’s Picnic in the Park package (available through September 30), includes complimentary bike rentals for a trip to the shores of Lake Michigan. You receive a customized picnic basket filled with curated snacks and beverages. ** Inns of Aurora – Aurora, NY At this luxury lakeside resort in the Finger Lakes, you’ll enjoy water activities on Cayuga Lake, or embark on an excursion with the Outdoor Adventure Guide to learn about proper paddling techniques. Private fishing lessons are … [Read more...] about Eight Cool Vacations: By Lakes, Rivers, Oceans — London To Hawaii
Sunday Conversation: Mickey Hart On Dead & Company, Tito Puente And Why He’ll Never Retire
Share to Twitter Share to Linkedin As part of the legendary Grateful Dead, drummer Mickey Hart has built his more than 50-year career on uplifting others through music. And now, at a time when there has never been a greater need for healing, Hart is as busy as ever, knowing his music is necessary. Having just wrapped up a tour with Dead & Company, where he got to witness tens of thousands of fans joined together on a nightly basis, he has immediately turned his attention to rhythmic unity through a new Planet Drum album. Into The Groove finds Hart uniting with Zakir Hussain, Giovanni Hidalgo and Sikiru Adepoju to showcase the power of the rhythm. The album leads off with the single "King Clave," which Planet Drum shared in a special video with charity organization Playing For Change. I spoke with Hart about how Tito Puente changed his life, the recent Dead & Company tour, the power of music and much more. Steve Baltin: When you listen … [Read more...] about Sunday Conversation: Mickey Hart On Dead & Company, Tito Puente And Why He’ll Never Retire
Thinking of becoming a digital nomad? Set sail for these 10 best beaches for remote workers
Two years after the Great Office Shutdown, so to speak, remote work is growing fast. And with it comes the possibility of picking a home not because it’s close to your office, but because it’s somewhere you want to live—like by the beach, for example, where it’s sunny all year long, winter is just a dream, and rent is actually affordable. advertisement Before the pandemic, 4% of jobs were remote—but that rose to 15% by the end of 2021, and it’s slated to grow to 25% by the end of 2022, according to data from Ladders , a job search firm. Meanwhile, Google searches for remote jobs have increased by 72% as people keep dreaming of the possibilities of finally abandoning their office cubicles. To aid the search, global HR and payroll company Remote compiled a list of the best beachside locations for remote work, based on factors including average internet speed, average monthly rent, and crime rate (on a scale of 0 to 100, with 0 being the safest). Here are the … [Read more...] about Thinking of becoming a digital nomad? Set sail for these 10 best beaches for remote workers
These Facebook and Tinder vets are building a Web3 social network called Niche
Huge, advertising-based, general-purpose social networks aren’t the high-growth cash cows they once were, as Facebook’s recent “growth” numbers would suggest. Many consumers, it turns out, would rather spend their time watching short-form videos than sharing memes and hitting “like” buttons. And new restrictions on user tracking have made it harder for mass-market social networks to target ads. advertisement advertisement The founders of a new social network called Niche believe the next generation of social networks might cater to online communities formed around more specific interests, such as hobbies or creator businesses . So, on the Niche app, which became available in the App Store Tuesday, you would find groups formed around rock climbing or around people who enjoy collecting Star Wars memorabilia. Eventually, Niche will host groups based on many different things, including music artists and business events. advertisement … [Read more...] about These Facebook and Tinder vets are building a Web3 social network called Niche
Gold climbs four-week peak as US Treasury yields, dollar fall
Representative image Gold hit a four-week high on Tuesday, as a weaker dollar and a dip in U.S. Treasury yields boosted demand for the safe-haven metal amid mounting worries over an economic slowdown. FUNDAMENTALS * Spot gold was up 0.4% at $1,778.69 per ounce, as of 0044 GMT, its highest since July 5. * U.S. gold futures gained 0.2% to $1,791.10 per ounce. * The dollar fell 0.2% to a near one-month low against its rivals, making greenback-denominated gold less expensive for other currency holders. [USD/] Close * Benchmark U.S. 10-year Treasury yields dropped to a four-month low, reducing the opportunity cost of holding non-interest bearing gold. [USD/] [US/] * Data showed U.S. manufacturing activity slowed less than expected in July, with the Institute for Supply Management's (ISM) index of national factory activity dipping to 52.8 last month, its lowest reading since June 2020. * U.S. construction spending also fell 1.1% in June, as outlays on … [Read more...] about Gold climbs four-week peak as US Treasury yields, dollar fall
Kerala farmer’s intra-crop coffee variety vows more income to struggling rubber growers
According to Antony, about 1,500 to 1.800 coffee saplings can be planted in an acre of rubber plantation. Roy Antony, a farmer from Wayanad in Kerala, is delighted that an arabica coffee plant variety he developed is being sought by the ruler of Abu Dhabi for planting in his farmhouse. Named Roys Selection, his coffee plant has become a big draw in the last few years as news of its utility as an inter-crop in rubber plantations spread among planters. “For the farmhouse in Abu Dhabi, they want 3,700 seven-year old arabica plants that have started bearing fruit for making their favourite coffee. There are no rubber plantations there but they are planning to create a cool atmosphere for the ideal growth of the plant," Antony told Moneycontrol. The farmhouse is sourcing coffee as well as other plants from different parts of the world. Antony is happy that the kingdom has gone for the farmer's variety of coffee from India and plans to provide it at a minimum payment. "This … [Read more...] about Kerala farmer’s intra-crop coffee variety vows more income to struggling rubber growers
Godrej Consumer Products: Largely pricing-led growth
PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook The Q1FY23 results of Godrej Consumer Products (GCPL; CMP: Rs 854; Market capitalisation: Rs 87359 crore) were in line with Street expectations. On a 3-year CAGR (compounded annual growth rate), consolidated volumes grew by 3 percent and India volumes grew by 4 percent. India (57 percent of consolidated revenues) grew by 12 percent mainly due to pricing, while volume saw a decline of 6 percent year on year (YoY). Personal care grew by 25 percent, while home care declined by... … [Read more...] about Godrej Consumer Products: Largely pricing-led growth
Editor Daily Rundown: Pelosi’s Jan 6 Primetime Spectacular Kicks Off This Week
PELOSI’S JAN 6 PRIMETIME SPECTACULAR BEGINS THIS WEEK… FORMER ABC NEWS PRESIDENT JOINS CAMPAIGN… AXIOS : Scoop: Jan. 6 committee’s secret adviser The House’s Jan. 6 committee has turned to a renowned former network news executive to hone a mountain of explosive material into a captivating multimedia presentation for a prime-time hearing Thursday. James Goldston — former president of ABC News, and a master documentary storyteller who ran “Good Morning America” and “Nightline” — has joined the committee as an unannounced adviser, Axios has learned. […] I’m told Goldston is busily producing Thursday’s 8 p.m. ET hearing as if it were a blockbuster investigative special. MORE … NETWORKS PLAN TO INTERRUPT PROGRAMMING TO TAKE IT LIVE… At least two of the broadcast networks will interrupt evening programming for live coverage anchored by ABC’s David Muir and CBS’ Norah O’Donnell. NBC will announce plans soon. MORE… DEM CONGRESSMAN WANTS JAN 6 COMMITTEE TO PUSH … [Read more...] about Editor Daily Rundown: Pelosi’s Jan 6 Primetime Spectacular Kicks Off This Week