UltraTech Cement Q3 PAT down 17% to ₹1,474 crore, sales volume up 10% YoY
UltraTech Cement Ltd, an Aditya Birla Group company, for the third quarter ended December 31 reported a 17% decline in consolidated net profit to ₹1,474 crore as compared with ₹1,775 crore a year earlier. Revenue from operations grew marginally by 2.7% to Rs 17,193 crore from Rs 16,740 crore in the same period last year. During the quarter,
Rupee rises 18 paise to 86.26 against U.S. dollar in early trade
On January 23, 2025, Rupee declined nine paise to settle at 86.44 against the U.S. dollar. File | Photo Credit: The Hindu Rupee appreciated 18 paise to 86.26 against the U.S. dollar in morning trade on Friday (January 24, 2025), supported by positive domestic equities and soft American currency index.
Sale of profit-making FSNL to Japanese company anti-national: CITU
Tapan Sen, former MP and CITU general secretary. | Photo Credit: RAO GN Left-leaning Centre of Indian Trade Unions (CITU) has questioned the Union government’s decision to sell public sector firm Ferro Scrap Nigam Limited (FSNL) to a Japanese corporation. A subsidiary of MSTC Limited, the FSNL had recently made
‘I am terrified’: Workers describe the dark mood inside federal agencies
President Donald Trump’s executive orders targeting the federal workforce have injected a fresh wave of anxiety among employees across the bureaucracy — stoking fears the president is coming for their jobs. Just a few days into Trump’s second term, some federal workers are contemplating quitting. Others are preparing to file
How to sustain a sustainable business
Sustainable businesses, no matter how small, are conscripted into climate action by default. Their contribution — through sustainable production processes and products that serve as eco-friendly alternatives — does chip away at the climate problem. While engaged in this larger battle, they are waging another at a personal level, a
Customers get a glimpse of the new compact SUV Kia Syros
Launch of Kia Syros in Chennai on January 25, 2025. | Photo Credit: R. Ravindran From panoramic sunroof to wireless charging, stolen vehicle tracking to front ventilated seats, customers in Chennai were given a glimpse of what Kia promises to offer in its new compact SUV, the Syros. R. Arunkumar,
Jio unveils ‘free for life’ JioSoundPay in its cheapest 4G phone
Reliance Jio Infocomm Ltd (Jio) has announced a ‘free for life’ sound-pay feature for its JioBharat device, that is expected to benefit 5 crore small-scale merchants across the country. The JioSoundPay would provide instant, multilingual audio confirmations for every UPI payment received, without needing any sound box, enabling seamless and efficient business
NSIC to support five lakh micro or small-scale enterprises get into e-commerce
The National Small Industries Corporation (NSIC) will support five lakh people, mainly women and those from scheduled caste/scheduled tribe communities, get into digital selling platform in the next three years. Vidya Sagar Singh, Senior General Manager (Digital Services Facilitation) of the NSIC, told The Hindu on Saturday that the Central
Yes Bank Q3 net profit surges 165% to ₹612 crore
Yes Bank for the third quarter ended December 31, 2024 reported 164.5% growth in net profit at ₹612 crore over the year ago period. The bank’s net interest income (NII) for the quarter grew Year on Year (YoY) to ₹2,224 crore. Net interest margin (NIM) at 2.4% remained flat YoY.
Centre finally notifies Unified Pension scheme option for government staff covered by NPS
Photo used for representation purpose only. | Photo Credit: Getty Images/iStock The Unified Pension Scheme shall be applicable to such Central Government employees who are already covered under NPS and who “choose” the UPS option, the notification said, indicating workers will have to actively enroll into the UPS. “The existing