Consolidated revenue for the quarter at Rs 2,247 crore grew by 35% over a year-ago period. On the operating front, EBITDA increased by 62.2% YoY to Rs 292.4 crore with margin expansion of 221 bps for the quarter. Company has an exceptional gain of Rs 37.87 crore against loss of Rs 12.8 crore YoY. 2/13 Biocon: The biopharmaceutical company has fulfilled its payment obligation and has fully redeemed the commercial papers of Rs 2,250 crore. The bid project cost by HG Infra is Rs 466.11 crore and the construction period is 30 months.
(Representative image)A SpaceX Falcon 9 rocket launch to the International Space Station was postponed on Monday, with officials citing problems with ground systems. SpaceX said shortly after that it had begun unloading fuel from the rocket and the crew would disembark. Fedyaev is the second Russian cosmonaut to fly to the ISS aboard a SpaceX rocket. The current crew is the sixth to be transported by a SpaceX rocket to the ISS. NASA pays SpaceX to ferry astronauts to the ISS roughly every six months.24 days ago Moneycontrol
It also says about wine grapes, “Higher temperature may advance the ripening of berries and alter the berry composition in both table and wine grapes, thereby affecting the quality of the produce.”[caption id="attachment_21839" align="alignnone" width="768"] Harvesting the grapes. Secci cited this as “a huge sacrifice and a wake-up call to face the issue of climate change in wine making.”. There is also a lack of micro-climatic data from a centralised governing body to better prepare Indian wineries for the vicissitudes of climate change. Wineries such as Chandon India and Fratelli are, therefore, invested in installing weather stations in their vineyards to better study the trends of climate change and ways to incorporate that into their winemaking. “We also have to be quick to understand weather trends because if the weather changes, everything will change.26 days ago Moneycontrol
This aerial photograph shows a destroyed Russian tank sitting in a snow covered wheat field in Kharkiv region on February 22, 2023, amid Russia's military invasion on Ukraine. Photographer: Ihor Tkachov/AFP/Getty ImagesChina called for a cease-fire in Ukraine in a bid to portray itself as a neutral actor that can help end Russia’s yearlong war. “All parties should support Russia and Ukraine in working in the same direction and resuming direct dialogue as quickly as possible, so as to gradually deescalate the situation and ultimately reach a comprehensive cease-fire,” the ministry said. Ukraine and other countries are unlikely to view China as an impartial mediator to end a war that has killed tens of thousands of people and driven millions from their homes. The White House earlier warned Beijing against providing lethal aid to Russia after US officials revealed concerns about intelligence that China is considering doing so.27 days ago Moneycontrol
One month later, country singers Chester and Lester Buchanan issued the first song celebrating the phenomenon: “(When You See) Those Flying Saucers.” Others followed. The Flying Saucers). Retailers sold flying saucer wind-up toys, flying saucer kids’ pajamas and other artifacts testifying to our collective obsession with aliens. All of this went hand-in-hand with thousands of alleged sightings of flying saucers, or what the Air Force increasingly referred to as UFOs. In the fall of 1947, General Nathan Twining, then head of the Air Force Materiel Command, authored a memo on the subject.28 days ago Moneycontrol
Photographer: Chris Ratcliffe/BloombergThe International Energy Agency boosted forecasts for global oil demand as China reopens its economy following years of anti-Covid lockdowns. As a result, world consumption will climb by 2 million barrels a day this year to average 101.9 million a day, it said in a monthly report. Output will be down 1 million barrels a day by the end of the first quarter, versus prewar levels, rather than the 1.6 million estimated last month. Chinese demand will climb by 900,000 barrels a day this year after a record contraction in 2022, reaching 15.9 million barrels a day, the IEA said. “Following Beijing’s late-2022 about-turn on its stringent anti-Covid restrictions, we expect Chinese oil demand to quickly pick up steam and comfortably exceed 2021 levels by the end of the year.”1 month ago Moneycontrol
The company's sales dropped 26.80 percent on-year to Rs 4,099.02 crore, while its net profit fell 53.27 percent to Rs 155.92 crore from Rs 333.66 crore a year back. The stock ended 10 percent lower3/11 Reliance Industries | CMP: Rs 2,380 | The stock closed 2.4 percent higher and was the top contributor to the Nifty and Sensex rally. 7/11 ITC | CMP: Rs 385.95 | The stock closed 3 percent higher ahead of the record date for an interim dividend of Rs 6 a share. Net profit came in at Rs 554 crore, as against a loss of Rs 23 crore a year before. The company's revenue from operations has zoomed 42 percent to Rs 26,612.2 crore from Rs 18,757.9 crore last year.1 month ago Moneycontrol
ChatGPT won't change the world of technology or software development anytime soon. ChatGPT won't provide you with any out-of-the-box suggestions, but it can show where your product falls short compared to the competition. ChatGPT won't provide you with any out-of-the-box suggestions, but it can show where your product falls short compared to the competition. Coders using ChatGPT to learn how to code could be setting themselves up for a big fall. Coders using ChatGPT to learn how to code could be setting themselves up for a big fall.1 month ago Moneycontrol