Telangana heavy rainfall alert: Orange alert issued for Hyderabad, IMD says flash floods likely
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Economic Times
32 minutes ago
- Economic Times
Pradhin posts Rs 7.1 crore profit for June quarter
Pradhin Synopsis Pradhin Ltd reported a net profit of Rs 7.17 crore for the June quarter, driven by a significant surge in total income to Rs 18.34 crore. This impressive growth, compared to Rs 51.47 lakh in the previous fiscal year, reflects the company's strategic expansion and efficient resource utilization. Pradhin Ltd, which is engaged in steel raw material supply and agri waste management, on Wednesday reported a net profit of Rs 7.17 crore for the quarter ending June on higher income. ADVERTISEMENT Total income of the company jumped multi-fold to Rs 18.34 crore as against Rs 51.47 lakh in the corresponding period of FY2024-25, the company said in a statement. Pradhin Director Jay Rajeshbhai Patel said the financial performance is a reflection of the company's strategic expansion, focused transition and efficient use of the resources. The company is committed to sustaining the performance through efficient supply chain management and product diversification, Patel added. Pradhin made a foray into the agricultural waste management and processing business. The company in the last fiscal had raised Rs 48.32 crore from a rights issue to fund its expansion plans. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. NEXT STORY
Time of India
34 minutes ago
- Time of India
Kriti Sanon buys sea-facing luxury duplex penthouse in Mumbai's Bandra west at Rs 78.20 crore
Bollywood actor Kriti Sanon has purchased a sea-facing luxury duplex penthouse in a residential tower Supreme Prana in plush Pali Hill locality in Mumbai's Bandra west suburb for over Rs 78.20 crore. Independence Day 2025 Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji gave India its own currency Swadeshi 2.0: India is no longer just a market, it's a maker The apartment spread over a carpet area of 6,636 sq ft is spread across the 14th and 15th floors, the topmost levels of the under-construction development. The deal is valued at around Rs 1.18 lakh per sq ft, making it one of the costliest property transactions in the city's suburbs. The actor has paid Rs 3.91 crore towards stamp duty charges for the transaction that was registered on Thursday. She has paid over Rs 84.16 crore for the property including the Goods & Services Tax (GST) and other charges. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What Happens When You Massage Baking Soda Into Your Scalp Read More Undo Sanon has purchased the apartment directly from the project's developer Supreme Universal along with her mother as the joint owner of the property, showed the documents reviewed by ET. The deal has attracted 1% lower stamp duty of 5% as the homebuyers are women. In 2021, the government of Maharashtra had announced a 1% concession in prevailing stamp duty for female homebuyers. Live Events As part of the agreement, Sanon will get exclusive access to a total six car parking slots in the upcoming tower. The agreement also provides her exclusive access to an open terrace spread over 1,209 sq ft on the 15th floor. Last year too, Sanon had invested in a land parcel in a premium plotted development project in Alibaug near Mumbai. ET's email query to Sanon's team and Supreme Universal remained unanswered until the time of going to press. In recent years, Bollywood celebrities have increasingly turned to real estate as both a lifestyle upgrade and a long-term investment strategy. From luxury apartments in Mumbai's prime localities to sprawling second homes in Alibaug, Goa, and Dubai, the trend reflects a mix of personal use and portfolio diversification.
News18
41 minutes ago
- News18
China, India In Talks To Resume Border Trade Of Domestic Goods After 5-Year Gap: Report
The deal, if done, would benefit local companies as they seek expedited essential input imports from China. India and China are discussing resuming border trade of domestic goods after more than five years, said Bloomberg in a report on Thursday, citing officials in New Delhi familiar with the matter. It has been learnt that the trade talks between India and China may soon start for a deal that could cover supply of critical rare earth magnets, pharmaceuticals and fertilisers. Pharma, fertilizers and critical rare earth magnets are the top three items on the agenda for talks, a report by The Economic Times said on August 14. The trade talks are a signal of easing tensions between the two Asian rivals. Notably, India's ties with China are improving at a time when New Delhi's ties with Washington are becoming strained over trade tariffs. The deal, if done, would benefit local companies as they seek expedited essential input imports from China. The officials of the two countries are speculated to meet this month. The timing of the deal could be closer to Prime Minister Narendra Modi's China visit for the Shanghai Cooperation Organization (SCO) Summit, ET said. Earlier, China's Foreign Ministry said Beijing is 'willing to step up communication and coordination with India" on resuming border trade after a gap of five years. 'Border trade between China and India has long played an important role in improving lives of the two countries' border residents," it said. Both sides have proposed restarting trade through designated points on the shared border, and the matter is currently under bilateral discussion, reports have suggested. The planned resumption marks another sign that relations between the two neighbors are gradually improving after both sides took steps last year to end border tensions. China and India are set to resume direct flight connections as soon as next month, Bloomberg News reported Tuesday, while Beijing has eased curbs on some fertilizer shipments to India. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
