Latest news with #707
India.com
4 days ago
- Automotive
- India.com
Bad news for Noel Tata, this company reports 9% decline in sales, share price fell by…
Tata Motors on Sunday reported a 9 per cent year-on-year decline in total sales at 70,187 units in May. The Mumbai-based auto major had reported total sales of 76,766 units in May 2024. Domestic sales declined 10 per cent year-on-year to 67,429 units, as compared to 75,173 units in the year-ago period Tata Motors said in a statement. Total passenger vehicle sales declined 11 per cent year-on-year to 42,040 units in May. Commercial vehicles sales stood at 28,147 units, as compared to 29,691 units, a dip of 5 per cent. At 9:20 am, shares of the company were trading at Rs 711, lower by 1.2 percent from the last close. Tata Motors declined 2 percent to Rs 707 in morning trade on June 2 after the report of dip in company's vehicle sales. Tata Motors shares are down 3 percent since the beginning of the year. The company reported a 51 percent fall in net profit in the quarter ended March 2025. It posted a consolidated net profit of Rs 17,407 crore in the same quarter last fiscal. Its consolidated total revenue from operations increased 0.4 percent at Rs 1,19,503 crore against Rs 1,19,033 crore in the year-ago period. However, the sales volumes at JLR rose 1.1 percent in the quarter, due to a strong demand for its SUVs in North America and Europe. Jefferies has given an 'underperform' rating on Tata Motors with a target price of Rs 630 per share. (With Inputs From PTI)
Yahoo
28-05-2025
- Business
- Yahoo
Lawmaker claims ‘good life' changes could avert taxpayer ‘devastation'
A rendering of a water park under construction in Bellevue that will anchor its good life district near the intersection of Highways 75 and 34. The Legislature on Tuesday advanced a bill to further clarify and add guardrails to the existing good life laws. (Courtesy of City of Bellevue) LINCOLN — If the third time's a charm, Nebraska lawmakers might finally have clear guidelines to pull off a handful of 'good life districts' envisioned as a way to bring 'transformational' change and unique tourism to the state. On Tuesday, the Nebraska Legislature voted 37-0 to advance an amended Legislative Bill 707, intended to update, clarify and add guardrails to a pair of previously adopted laws: the Good Life Transformational Projects Act of 2023 and the related cleanup bill enacted the following year. State Sen. Brad von Gillern, chair of the Legislature's Revenue Committee, said the latest attempt to fix 'cracks' in the laws governing up to five statewide good life districts was complicated and time-consuming but now projects a $3.6 million savings for the state over the next two years at a time when lawmakers grapple with a budget shortfall. Lawmakers have heard concerns about potential changes to the laws from developers of approved good life districts. But more recent objections came, they said Tuesday, from west Omaha's Avenue One district. Developer Curt Hofer, who is leading that estimated $1.4 billion project site, did not return a reporter's phone call Tuesday. Nebraska Attorney General Mike Hilgers signed off on proposed changes, von Gillern told colleagues who pressed him about legal ramifications to clarifications made after agreements were approved. Von Gillern said that if developers had problems with changes, they'd have to take those matters up with the attorney general or the Nebraska Department of Revenue. 'I think we came up with a good landing point,' von Gillern told the Nebraska Examiner. 'Most parties were satisfied with the outcome today.' He said the intent was to ensure that the districts achieve their intended purpose: to foster transformational economic developments that in the long run will be a boon to the state in the form of increased sales tax revenue. 'There were serious concerns from multiple parties that the good life district program was simply handing a blank check to development groups with little to no assurance that the state would reap a fair return on its investment,' von Gillern said. He said LB 707 would steer the state away from 'possibly devastating' financial impact. LB 707 now moves forward to a third and final reading, with several amendments approved Tuesday. Among those were changes submitted on behalf of the Cities of Grand Island and Bellevue, which represent two of the four good life districts approved so far by the Nebraska Department of Economic Development. Bellevue, for example, objected to language that would require it to go back and hold a special election. State Sen. Rick Holdcroft of Bellevue said the district is underway, and that would introduce 'unnecessary costs, uncertainty and risk' of delay or cancellation. In addition to Omaha's Avenue One, the other approved district includes and surrounds Gretna's Nebraska Crossing shopping center. Kearney and Papillion are vying to be designated as the final of five districts allowed under the law. Problems with the current good life legislation were spotlighted in, but not limited to, the Gretna area district, which is the largest and most high-profile of the four approved. Among the controversy was how more than $2.2 million in state sales tax revenue was lost as progress on the Gretna district was stymied. The host city and Nebraska Crossing owner Rod Yates, whose application established that district's boundaries, deadlocked over terms for his multibillion dollar mega sports-themed vision. Yates demanded concessions that Gretna officials said put taxpayers at financial risk. As designed, the good life law created a major incentive: State sales taxes imposed within good life districts were to be cut in half, from 5.5% to 2.75%. The idea was to recapture the difference to help finance unique entertainment and shopping districts that over time would draw more tourism for the state. Gov. Jim Pillen earlier this year proposed clawing back an annual $5 million in state incentives budgeted to help development in good life districts. Even the law's primary champion and architect, former State Sen. Lou Ann Linehan of the Elkhorn area, criticized how the legislation was being carried out. Von Gillern said the amended LB 707 proposes a dozen key fixes to address what had been identified as flaws. He said, for example, his team caught on to a 'scheme' that would have allowed sales tax revenue from retailers nearly a mile away from the current Omaha good life district boundaries to go to a developer. 'It's not right …we fixed that,' von Gillern said. 'It's not right that a developer could have relocated a substantial ongoing business to their new development and then capture half of the sales tax revenue,' von Gillern said. 'We fixed that.' Changes include: Prohibited use of eminent domain. That became a conflict in Gretna, when Yates suggested that the city force acquisition of other property so that he could control the entire district. Language allowing multiple developers, essentially sub-good life districts or project areas, within a district. A $5 million cap on annual sales tax income that a developer can capture from retailers already in a good life district. That applies to Grand Island and Gretna, von Gillern said, which have pre-existing stores within approved boundaries. Defining a 'new to market' retailer as one not existing within 40 miles of the district. (New business and tourism is required to qualify for the tax incentive.) Requiring that tax-exempt owners within a district still pay sales tax on construction materials. Von Gillern denied what he said were accusations that the effort seemed aimed to kill an existing or future project. He said he has spent a career in real estate development and that the Legislature's recommended changes represent an attempt to 'check aspects of projects that threaten to take advantage of Nebraska taxpayers for no other purpose than to satisfy private interests.' SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
News18
24-05-2025
- General
- News18
Kerala Lottery Results: Karunya KR- 707 Winners For May 24, 2025; First Prize Rs 1 Crore!
Last Updated: Kerala Lottery Results Today: Check the full list of winning numbers for Karunya KR- 707 lucky draw for Saturday, May 24, 2025. KERALA LOTTERY KARUNYA KR-707 RESULT ON SATURDAY, 24.5.2025: The Kerala State Lottery Department is set to declare the Karunya Lottery KR-707 results on Saturday, May 24. The draw will be held at 3 PM at Gorky Bhavan, near Bakery Junction in Thiruvananthapuram. Participants have the opportunity to win impressive cash prizes, including a first prize of Rs 1 crore, a second prize of Rs 50 lakh, and a third prize of Rs 5 lakh. The draw will be conducted under the close supervision of independent observers to maintain complete fairness and transparency. Stay tuned—you might just be the next big winner. KARUNYA KR-707 LOTTERY: PRIZE STRUCTURE 1st Prize: Rs 1 Crore 2nd Prize: Rs 50 Lakh 3rd Prize: Rs 5 Lakh 4th Prize: Rs 5,000 5th Prize: Rs 1,000 6th Prize: Rs 500 7th Prize: Rs 100 8th Prize: Rs 50 Consolation Prize: Rs 5,000 WINNING NUMBERS FOR THE 4TH PRIZE OF RS 5,000 ARE: To be updated WINNING NUMBERS FOR THE 5TH PRIZE OF RS 1,000 ARE: To be updated WINNING NUMBERS FOR THE 6TH PRIZE OF RS 500 ARE: To be updated WINNING NUMBERS FOR THE 7TH PRIZE OF RS 100 ARE: To be updated WINNING NUMBERS FOR THE 8TH PRIZE OF RS 50 ARE: To be updated HOW TO CHECK KERALA KARUNYA KR-707 LOTTERY RESULTS? Head to the official Kerala Lottery website to view the latest Karunya KR-707 results. Match the winning numbers with those listed in the Kerala Government Gazette for accuracy. For verified details or clarification, reach out to the Kerala Lottery Department directly. How to Claim the Prize Money? Start by matching your ticket number with the results listed in the official Kerala Government Gazette. If your number appears, you could be entitled to claim a prize. File your claim within 30 days at the Kerala Lottery Office in Thiruvananthapuram. Carry the original ticket and a valid government-issued photo ID for verification. Documents Required to Claim Prize Money Provide a signed photocopy of the front and back of the original lottery ticket. Submit recent passport-size photos attested by a gazetted officer. Include a self-attested copy of your PAN card for identity verification. Fill out the official prize claim form, sign it and attach a revenue stamp. Attach a valid ID proof such as Aadhaar, PAN, Voter ID or Ration Card. HOW TO DOWNLOAD A PDF WITH A FULL LIST OF WINNING NUMBERS? Go to the official Kerala Lottery sites: or Find and select the link titled Karunya KR-707 Results. Check the complete list of winning numbers displayed on the webpage. Locate the PDF download option provided for the result. Click the button to view and save the results file to your device. tags : kerala lottery kerala lottery result kerala lottery result 2025 kerala lottery result today Location : Thiruvananthapuram [Trivandrum], India, India First Published: May 24, 2025, 09:00 IST News india Kerala Lottery Results: Karunya KR- 707 Winners For May 24, 2025; First Prize Rs 1 Crore!
Sydney Morning Herald
22-05-2025
- Politics
- Sydney Morning Herald
Trump gets a flying palace. Keating was doomed to a jalopy in the sky
The 707 was Australia's VIP jetliner, but it had seen better days. The little fleet of 707s came from the late 1950s/early '60s era when rock 'n' roll and V8 hot rods ruled and noise pollution wasn't a problem. By the time Keating was PM, the RAAF had to beg permission to land the 707 at many international airports because its two old engines made such a racket, even after they were fitted with exhaust baffles. In 1992, when Keating made an official visit to Tokyo, the Japanese politely explained its international airport, Narita, wasn't suitable. They directed the RAAF to land at Tokyo's domestic airport, which presumably had vintage spanner sets for elderly airframes if the plane broke down. It was humiliating for a prime minister like Keating, whom cartoonists cruelly drew as the modern embodiment of the extravagantly self-absorbed Sun King, France's Louis XIV. I had by then spent happy years flying around the world in the old 707s as part of the press gallery pack. We called it the Zoo Plane. Wine of fine vintage and high jinks of great silliness flowed freely in the media cabin down the back. Until Keating became PM, Bob Hawke smoked cigars and played poker in his suite at the front. It was a most agreeable way to travel the world. But then, in mid-1993, not long after Keating unexpectedly won the federal election against John Hewson, word floated my way through Canberra's rarefied air that the triumphant PM was on the lookout for a new VIP plane. Two, in fact. Quiet conversations confirmed Keating's desire for more-fitting VIP airborne transport, but that his department was on a collision course with the Defence Department, which was worried about the cost. The two planes being considered were Boeing 757s. They weren't flown by any airline in Australia, but they were big and modern and desirable. And expensive. When my story was published in The Sydney Morning Herald, all hell broke loose. The public went into a mild uproar, Keating's Labor colleagues went weak at the knees, and I, as the messenger, got a number of shouty phone calls from offices not too far from the prime minister's own parliamentary suite. Even Keating suddenly found himself unwilling to test the generosity of voters, many of whom were still recovering from what he had called, only three years previously, 'the recession we had to have'. The story killed the planned purchase of new VIP planes stone dead. Keating was still flying around in the ancient 707s three years later when he lost the prime ministership to John Howard. I was not allowed to forget it. Every time I stepped aboard the 707 for a trip overseas, I was reminded by Keating's staff that if the plane fell out of the sky, I was to blame for writing 'that bloody story'. Loading Press gallery colleagues, unhappy at being scooped, took up the sledging with glee. And Keating continued to yearn for a plane more suited to a prime minister of style. In 1995, on a trip to Germany, no sooner had we landed in Bonn than the poor unloved 707 was rolled into a darkened hangar and Keating proceeded to Berlin in a magnificently appointed Airbus lent to him by chancellor Helmut Kohl. Some among the travelling media declared Keating looked green each time he emerged from the Airbus' VIP suite with its gold appointments in the bathroom, its conference room and its super-modern communications. I felt a bit sympathetic. It wasn't unusual for fittings in the ancient 707s to judder loose. I once copped a thump to the head when an internal ceiling panel fell out. Keating was correct. The VIP fleet desperately needed replacements. John Howard eventually got a Boeing Business Jet that was (conveniently) too small to accommodate travelling journalists. The current fleet consists of two Boeing 737s, ordered by Scott Morrison's government and used these days by Anthony Albanese, the governor-general and others. The point, however, was that a prime minister in Australia's political system could not unilaterally choose the style of VIP plane available to him or her. Australia pays for its own perquisites, which are decided by federal departments like Defence and Prime Minister and Cabinet, which have rules and budgets. It is unimaginable that an Australian prime minister would consider accepting a jumbo jet-sized bribe from a foreign country. Loading All senators and members of the House of Representatives are required to list their pecuniary interests in a register. The allowable limit for gifts from another government is $750, and from individuals it is $300. A $600 million jet would appear mighty peculiar in any list of pecuniary interests. Anywhere, really, outside Trump's morally warped Washington.
The Age
22-05-2025
- Politics
- The Age
Trump gets a flying palace. Keating was doomed to a jalopy in the sky
The 707 was Australia's VIP jetliner, but it had seen better days. The little fleet of 707s came from the late 1950s/early '60s era when rock 'n' roll and V8 hot rods ruled and noise pollution wasn't a problem. By the time Keating was PM, the RAAF had to beg permission to land the 707 at many international airports because its two old engines made such a racket, even after they were fitted with exhaust baffles. In 1992, when Keating made an official visit to Tokyo, the Japanese politely explained its international airport, Narita, wasn't suitable. They directed the RAAF to land at Tokyo's domestic airport, which presumably had vintage spanner sets for elderly airframes if the plane broke down. It was humiliating for a prime minister like Keating, whom cartoonists cruelly drew as the modern embodiment of the extravagantly self-absorbed Sun King, France's Louis XIV. I had by then spent happy years flying around the world in the old 707s as part of the press gallery pack. We called it the Zoo Plane. Wine of fine vintage and high jinks of great silliness flowed freely in the media cabin down the back. Until Keating became PM, Bob Hawke smoked cigars and played poker in his suite at the front. It was a most agreeable way to travel the world. But then, in mid-1993, not long after Keating unexpectedly won the federal election against John Hewson, word floated my way through Canberra's rarefied air that the triumphant PM was on the lookout for a new VIP plane. Two, in fact. Quiet conversations confirmed Keating's desire for more-fitting VIP airborne transport, but that his department was on a collision course with the Defence Department, which was worried about the cost. The two planes being considered were Boeing 757s. They weren't flown by any airline in Australia, but they were big and modern and desirable. And expensive. When my story was published in The Sydney Morning Herald, all hell broke loose. The public went into a mild uproar, Keating's Labor colleagues went weak at the knees, and I, as the messenger, got a number of shouty phone calls from offices not too far from the prime minister's own parliamentary suite. Even Keating suddenly found himself unwilling to test the generosity of voters, many of whom were still recovering from what he had called, only three years previously, 'the recession we had to have'. The story killed the planned purchase of new VIP planes stone dead. Keating was still flying around in the ancient 707s three years later when he lost the prime ministership to John Howard. I was not allowed to forget it. Every time I stepped aboard the 707 for a trip overseas, I was reminded by Keating's staff that if the plane fell out of the sky, I was to blame for writing 'that bloody story'. Loading Press gallery colleagues, unhappy at being scooped, took up the sledging with glee. And Keating continued to yearn for a plane more suited to a prime minister of style. In 1995, on a trip to Germany, no sooner had we landed in Bonn than the poor unloved 707 was rolled into a darkened hangar and Keating proceeded to Berlin in a magnificently appointed Airbus lent to him by chancellor Helmut Kohl. Some among the travelling media declared Keating looked green each time he emerged from the Airbus' VIP suite with its gold appointments in the bathroom, its conference room and its super-modern communications. I felt a bit sympathetic. It wasn't unusual for fittings in the ancient 707s to judder loose. I once copped a thump to the head when an internal ceiling panel fell out. Keating was correct. The VIP fleet desperately needed replacements. John Howard eventually got a Boeing Business Jet that was (conveniently) too small to accommodate travelling journalists. The current fleet consists of two Boeing 737s, ordered by Scott Morrison's government and used these days by Anthony Albanese, the governor-general and others. The point, however, was that a prime minister in Australia's political system could not unilaterally choose the style of VIP plane available to him or her. Australia pays for its own perquisites, which are decided by federal departments like Defence and Prime Minister and Cabinet, which have rules and budgets. It is unimaginable that an Australian prime minister would consider accepting a jumbo jet-sized bribe from a foreign country. Loading All senators and members of the House of Representatives are required to list their pecuniary interests in a register. The allowable limit for gifts from another government is $750, and from individuals it is $300. A $600 million jet would appear mighty peculiar in any list of pecuniary interests. Anywhere, really, outside Trump's morally warped Washington.
