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18 Oct

Tata Chemicals reports 46% year-on-year reduce in Q2 net profit

Business CorrespondentBusiness, News

On Thursday (October 17), Tata Chemicals Ltd announced a 46.1% year-on-year (YoY) decline in net profit to ₹267 crore for the second quarter ended September 30, 2024.According to regulatory filings, Tata Chemicals reported a net profit of ₹495 crore in the previous fiscal quarter. The company's revenue from operations remained stable at ₹3,999 crore compared to ₹3,998 crore in the previous fiscal year.EBITDA in the second quarter of this fiscal declined by 24.5% to ₹618 crore from ₹819 crore in the same period last year.In the reporting quarter, the EBITDA margin was 15.5%, lower than 20.5% in the same period…

18 Oct

Allegation of unlawful licenses giving, Mizo Govt. suspend transport officer

Sonakshi SarkarMizoram

The Mizoram government suspended a transport officer on Thursday for giving driver's licenses unlawfully. The Central Young Mizo Association filed a complaint alleging that driving and learner licences were fraudulently issued by the Aizawl District Transport Office. According to an order issued by transport department secretary Lalengthanga Hnamte, the district transport officer has been suspended with immediate effect for alleged involvement in these illicit actions. The order also noted that disciplinary measures are being considered against Hnamte, and an investigation is underway. On Wednesday, CYMA leaders met with Transport Minister Vanlalhlana to report the suspected improper issue of licences by Aizawl…

18 Oct

Mizoram Chief Minister announced fuel price will remain unchanged

Sonakshi SarkarLatest

Mizoram Chief Minister Lalduhoma has announced that his government will not reverse its decision to hike fuel prices, despite protests from commercial vehicle owners. The prices of petrol and diesel, which were increased on September 1, will remain unchanged, he confirmed after a cabinet meeting on Wednesday. The hike raised petrol prices from ₹93.93 to ₹99.24 per litre, and diesel from ₹82.62 to ₹88.02 per litre. Lalduhoma explained that the increase is intended to fund social infrastructure, road maintenance, and other development projects. VAT on petrol has been raised from 5.23% to 10%, while VAT on diesel went from 16.36%…

18 Oct

Leader Jitendra Chaudhury complaint against BJP leaders

Sonakshi SarkarTripura

Jitendra Chaudhury, leader of the opposition in Tripura Assembly, claimed on Thursday that a section of BJP leaders is attempting to unseat Chief Minister Manik Saha. Chaudhury, who is also the CPI(M) state secretary, stressed that while his party is not demanding Saha’s resignation, it is important for the Chief Minister to address internal challenges within his party. “Your vision of making Tripura crime-free will remain a dream unless you control your own members involved in criminal activities. The people of Tripura won’t forgive you if you fail in your responsibilities,” Chaudhury remarked, referring to recent incidents of crime, including…

18 Oct

Mizoram border operations yield major drug bust, suspect arrested

Sonakshi SarkarMizoram

In a coordinated operation, the Assam Rifles and the Customs Preventive Force seized illegal goods worth ₹1.4 crore in Mizoram's Champhai district. The joint raid, conducted on October 16 and 17, 2024, targeted the areas of Hmunhmeltha and Zokhathar, known for smuggling activities along the India-Myanmar border. The team confiscated a substantial haul, including heroin No. 4, illegal areca nuts, and foreign-origin liquor. Authorities estimate the value of the seized items at ₹1 crore 40 lakh. This operation is part of ongoing efforts to crack down on smuggling in the region, which remains a persistent issue. In a separate incident,…

18 Oct

‘Of course, it affected’ Kareena Kapoor on Taimur’s name controversy

editorBollywood

Superstar Kareena kapoor Khan is married to Saif Ali Khan and blessed with two kids. The couple has recently celebrated their marriage anniversary. During an interview, Kareena kapoor opened up on her first son Taimur their first kid, as their was a huge controversy while revealing his name. Kareena said, "My grandfather told me that the fact that they are talking about you, good or bad, they're talking about you. OTherwise why would they talk. You have to take it in your stride if you want to be a superstar otherwise they wouldn't even be talking about you." "Of course,…

18 Oct

Bajaj Allianz Life opens first branch in Arunachal Pradesh, boost insurance access in Northeast

Business BureauBusiness

Bajaj Allianz Life has opened its first branch in Naharlagun, marking a significant milestone in its efforts to expand life insurance accessibility across Arunachal Pradesh and the Northeast. This new branch reflects the company's commitment to enhancing financial inclusion by offering personalized life insurance solutions to meet the diverse needs of the region’s population. Speaking at the inauguration, Rajesh Krishnan, Chief Operations & Customer Experience Officer, highlighted the importance of the Northeast for Bajaj Allianz Life. “Aligned with IRDAI’s vision of ‘Insurance for All by 2047,’ this branch ensures access to financial security for everyone, regardless of their location. We…

17 Oct

Infosys Q2 results, dividend today: Profit may gain 10%; FY25 sales guidance may be revised

Business CorrespondentBusiness, News

Infosys Q2 Earnings: PhillipCapital expects Infosys net profit to rise 10.2 per cent to Rs 6,844.40 crore over the previous fiscal, while sales will grow 4.8 per cent to Rs 40,867 crore over the previous fiscal.Infosys Ltd may report a 10-15 per cent year-on-year growth in net profit in the September quarter on a 5 per cent rise in sales. In-Tech acquisitions will aid growth. Revenue in constant currency terms is expected to outperform Tier 1 peers on a sequential basis. The Salil Parekh-led IT major may also raise its revenue guidance for the fiscal year, even as it may…

17 Oct

Assam Governor emphasizes the importance of Assamese’s Kati Bihu

editorAssam

Assamese long legacy celebration Kati Bihu today, Assam Governor Lakshman Prasad Acharya has extended wishes to Assam people by elaborating the importance of this precious agricultural occasion. Acharya stated, "Since Assam has an agrarian culture and the majority of the people of the state are dependent on agriculture, celebration of this bihu holds immense importance. Hope 'Akash Bonti', the auspicious lamp given in the fields, consigns the pests and insects and helps in giving good yields. Moreover, the earthen lamp lit in front of the Tulsi plant as a part of this bihu celebration reiterates our inherent connections with the…

17 Oct

Nagaland Govt partners with Tata AIA for Universal Life Insurance Scheme

Business BureauBusiness

Tata AIA Life Insurance (Tata AIA), one of India's leading life insurers, has been selected by the Government of Nagaland to implement the Chief Minister's Universal Life Insurance Scheme (CMULIS). Under this scheme, the primary earning member of the family will be provided with a life insurance cover of INR 2 lakh. This scheme aims to give families the financial support they need in the unfortunate event of the demise of the breadwinner. It is specifically aimed at helping the vulnerable sections of society, such as those working in unorganized sectors or are part of low-income groups. As part of…