Latest news with #Raga
Irish Independent
23-05-2025
- Business
- Irish Independent
Guinness maker Diageo funding powerful US campaign group fighting climate change laws
Multinational drinks company Diageo, which makes Guinness and other alcoholic drinks, is coming under fire from environmental experts after a new investigation revealed that it donated to a powerful US organisation lobbying against climate-change laws. Diageo donated a total of $25,000 (€22,143) to the Republican Attorneys General Association (Raga) in April last year, according to IRS documents analysed by the Irish Independent in partnership with the investigative organisations Danwatch and Point Source.
News18
08-05-2025
- Business
- News18
Titan's Net Profit Jumps 13% To Rs 871 Cr In Q4, Rs 11 Dividend Declared
Last Updated: Titan recorded a total income of Rs 12,730 crores in Q4FY25, a 22% growth from Q4FY24. Net profit grew 12.9% YoY to Rs 871 crores. The board approved a dividend of Rs 11 per share. Titan (consolidated) recorded a total income of Rs 12,730 crores, a growth of 22% in Q4FY25 compared to Q4FY24. EBIT grew by 23% YoY to Rs 1,470 crores, while PBT growth was 23% YoY to Rs 1,218 crores. The net profit grew 12.9 per cent YoY to Rs 871 crore in Q4 FY25, against Rs 771 crore in Q4 FY24. For the full year FY25, the Total Income of Rs 57,818 crores grew 22% over FY24. The EBIT grew 5% to Rs 5,488 crores and the PBT declined by 2% to Rs 4,355 crores, mainly due to the impact of custom duty reduction on gold during the year. Titan board approved a dividend of Rs 11 per equity share of Rs 1 each of the company which will be paid on or after 7th day from the conclusion of the 41st AGM. Jewellery (Tanishq, Mia & Zoya) Total Income for the quarter grew 25% over C14FY24 to R11,232 crores. The domestic India business grew 23% to Rs 10,845 crores during the same period driven by a strong 30% growth in gold jewellery and coins (together) and 12% growth in studded jewellery. Despite a steep increase in gold prices, the studded and gold coin segments saw buyer growths. Solitaires likewise witnessed a good rebound on the back of good buyer growth, albeit on the lower carat weights. The high gold prices, however, are continuing to weigh on consumer sentiment in the near term. EBIT for the quarter came in at Rs 1,331 crores at a margin of 11.9%. Watches & Wearables Business recorded a Total Income of q1,126 crores, up 20% over C14FY24. The domestic India business grew 18% to Rs 1,087 crores during the same period driven by a healthy 18% growth in analog watches. The premium brands of Titan, Raga and international brands (via Helios channel) continued to do well growing in double-digits during the quarter and clocking higher average price realizations than Q4FY24. Fastrack brand topped the growth charts clocking 44% growth followed by Sonata recording 25% growth (over their respective Q4FY24 numbers). Affordable fashion segments are seeing a resurgence on the back of recent product offerings. EBIT came in at R133 crores clocking a margin of 11.8% for the quarter. First Published: May 08, 2025, 19:42 IST
Yahoo
05-03-2025
- Politics
- Yahoo
Proposal would use cameras to ticket double parking in NYC
NEW YORK (PIX11) — A proposed pilot program aims to crack down on various curb violations, including drivers who double park in New York City. The program would use cameras to issue automatic tickets. Assemblymember Steven Raga has proposed a $35 million pilot program that would install 150 cameras across the city. More Local News The cameras would issue automatic tickets for drivers who park illegally, including those who double park, stop in restricted areas and idle in crosswalks. 'This is another way to use the technology we have and tools to make New Yorkers safer,' Raga said. The fines would range from $50 for the first violation to $250 for the fifth infraction and any others in the year. Raga said he would work with the Department of Transportation to put the cameras in areas with high levels of traffic, violations or fatalities. More: Latest News from Around the Tri-State 'We're not adding more restrictions, more rules, or punitive measures. We're just trying to reinforce the current traffic rules of New York City,' Raga said. The bill is being amended to give people a 5-minute grace period. The assemblymember is pushing to have the money for the program earmarked in this year's state budget. If it's not approved, he will move the bill forward in the legislative process. The Department of Transportation supports the crackdown. 'While we are reviewing this legislation, NYC DOT supports expanding the use of automated enforcement to uphold the city's parking regulations, which are essential to keeping streets clear, reducing traffic congestion, and protecting New Yorkers on our roads,' the Department of Transportation said. Brooklyn state Sen. Simcha Felder is against the cameras. He wants to see legislative change where drivers would receive points on their licenses for illegally parking. 'This is another tax on New Yorkers,' Felder said. 'When you get points on your license, you don't do it again.' Some drivers support the proposed program. Others are against it. 'Disabled people can't just park anywhere we want, so why can they just park wherever they want?' said Astoria resident Elias Tsahirides. 'Get rid of congestion pricing and do that.' 'You have automated systems taking over judgment calls that really should be by humans,' said Astoria resident Rudolph Sanchez. 'It's going to make it harder to breathe in the city. Already we have so many taxes, especially with the tolls.' If the money for the project is approved in this budget, the program could go into effect as early as spring 2026. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
