Latest news with #Topgentlemen.com
Time of India
a day ago
- Business
- Time of India
Rallis India shares in focus after Q1 profit soars 98% in Q1, driven by revenue and margin boost
Rallis India shares will be in focus on Tuesday after the company reported a 98% year-on-year (YoY) jump in net profit to Rs 95 crore for the quarter ended June 30, 2025, compared to Rs 48 crore in the same quarter last year. Revenue from operations rose 22% to Rs 957 crore, up from Rs 783 crore in the year-ago period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo At the operating level, EBITDA grew 56.3% to Rs 150 crore, compared to Rs 96 crore a year earlier. The EBITDA margin improved to 15.6%, from 12.2% in the corresponding period last year. The company also announced that its board has accepted the resignation of Subhra Gourisaria from the role of Chief Financial Officer, effective July 24, 2025. She is set to join another Tata Group company. Based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee, the board has appointed Bhaskar Swaminathan as the new Chief Financial Officer, effective August 7, 2025. Live Events Bhaskar Swaminathan is a seasoned Chartered Accountant with nearly 30 years of extensive post-qualification experience across diverse industries. He currently serves as the Business Finance Head – India at Tata Chemicals Ltd., a role he has held since 2020. Also Read: SBI, HDFC Bank among 10 banking stocks in Antique's top picks that may rally up to 50% Rallis India Shares: Target Price According to Trendlyne data, the average target price for Rallis India shares is Rs 238, indicating a potential downside of 33% from current levels. Among the 14 analysts covering the stock, the consensus rating is 'Sell'. Rallis India Share Performance Rallis India shares have rallied 63% over the past three months and are up 80% over the past three years. The company's current market capitalization stands at Rs 6,880 crore. Also Read: Brokerages initiate coverage on Delhivery, 7 other stocks; up to 33% upside seen ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
a day ago
- Sport
- Time of India
Starc takes 6 wickets for 9 runs as West Indies routed for 27 in Kingston
Mitchell Starc took six wickets for nine runs and Scott Boland claimed a hat-trick as Australia dismissed the West Indies for 27 - the second-lowest total ever in test cricket - to win the third test by 176 runs on Monday. The West Indies missed the lowest score in test cricket by one run, due to a misfield. Starc's first 15 balls delivered the fastest five-wicket haul in test history, and his 15th five-wicket innings in tests. The tall left-arm paceman took a wicket with the first ball of the West Indies' second innings and three wickets in that first over - a triple-wicket maiden. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Australia needed only 14.3 overs to rout the home team in the first day-night test at Sabina Park and complete a 3-0 series sweep. "It's been a fantastic series. I think we've seen some difficult batting conditions throughout," said Starc, who claimed his 400th career test wicket in his 100th test, a memorable milestone. "It's been a good few days, very enjoyable and I'll go home with a smile on my face. Live Events "We saw last night the conditions with the hard pink ball under lights. It's pretty difficult. We didn't think it would happen as quickly today, until the sun went down a bit." Australia's bowlers dominated the series after winning the first two tests - by 159 runs in Barbados then by 133 runs in Grenada - to sweep the Frank Worrell Trophy . While Starc missed a hat-trick chance after dismissing Kevlon Anderson and Brandon King with consecutive deliveries, Boland completed his with the wickets of Justin Greaves, Shamar Joseph and Jomel Warrican. It was the 10th test hat-trick by an Australian. Boland finished with three wickets for two runs. The West Indies was out for its lowest test score , eclipsing the 47 against England on the same ground in 2004. At 11-6 in the sixth over it was in danger of inheriting the lowest score in test history. A misfield by 19-year-old opener Sam Konstas in the 14th over allowed the West Indies to take a single and reach 27, narrowly avoiding New Zealand's 70-year-old record of 26 set against England at Auckland in 1955. Earlier, Alzarri Joseph took 5-27 as the West Indies bowled out Australia for 121 in its second innings, leaving a chase of 204 runs for victory. Australia began Day 3 at 99-6 but lasted only eight more overs. Cameron Green, who battled hard on Day 2 to reach 42, was out to the first ball of the day and the Australian lower order followed quickly. When the West Indies replied, Starc produced an outstanding display of fast bowling on a responsive pitch. His first ball of the second innings, he compelled opener John Campbell to play defensive at a ball which moved away and he was caught by concussion substitute wicketkeeper Josh Inglis. Inglis was keeping in place of Alex Carey, who was struck on the helmet by Alzarri Joseph while batting late on Day 2. Starc then removed Anderson lbw, bowled King without scoring and Mikyle Lewis for 4, leaving the West Indies four wickets down for five runs. His fifth wicket was Shai Hope, trapped lbw by a ball that swung in at pace to hit the back pad. When Josh Hazlewood dismissed captain Roston Chase, caught by Inglis without scoring, the West Indies was 11-6. Taking out extras, the top six West Indies batters collectively scored only six runs. Only four of the 11 batters scored runs. The West Indies was 22-6 at the dinner break. Shortly after it passed 26, helped by two dropped catches in the slips by Sam Konstas off Starc. Boland's hat-trick brought the end closer and Starc's sixth wicket - Jayden Searles bowled by a full delivery for a duck - finished the match inside three days. West Indies captain Roston Chase said it was a heartbreaking way to finish. He credited his bowlers for troubling the Australians but said the batting lineup didn't click.
Time of India
a day ago
- Business
- Time of India
US agencies shrink layoff plans after mass staff exodus
The Trump administration will reduce planned federal worker layoffs, a personnel official said on Monday, after tens of thousands of employees accepted buyouts or retired early to avoid dismissal. "Several agencies are now not planning to proceed" with staff cuts, Office of Personnel Management senior adviser Noah Peters said in a statement filed in federal court. He said the financial incentives that departments offered employees to quit in the first few months of the administration, along with "natural attrition" were the reasons agencies were rethinking layoffs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Peters did not specify which departments were reducing their planned layoffs. This is the latest example of the Trump administration walking back announcements to cut federal workers, after more aggressively pursuing staff reductions earlier this year. The Department of Veterans Affairs said in July that it would reduce staff by about 30,000 people rather than 80,000. Live Events Upon taking office in January, President Donald Trump launched a campaign to overhaul the 2.3 million-strong federal civilian workforce, led by billionaire Elon Musk and his Department of Government Efficiency. By late April, about 100 days into the effort, the government overhaul had resulted in the firing, resignations and early retirements of 260,000 civil servants, according to a Reuters tally. As part of the overhaul, Trump in February ordered agencies to write blueprints for mass layoffs. Federal worker unions and their allies sued, arguing that the president needed permission from Congress to reshape the agencies. San Francisco-based U.S. District Judge Susan Illston in May sided with the unions and ordered the Trump administration not to carry out the plans while the case proceeded. The Supreme Court on July 9 reversed Illston's order. The justices cleared the way for 19 federal agencies to pursue mass government job cuts . The list includes the departments of Defense and Homeland Security, among others.
Time of India
a day ago
- Business
- Time of India
50 days for peace deal or 100% tariffs: Trump arms Ukraine, threatens sanctions on countries that buy Russian oil
U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow's ongoing attacks on its neighbour. But Trump's threat of sanctions came with a 50-day grace period, a move that was welcomed by investors in Russia where the rouble recovered from earlier losses and stock markets rose. Sitting with NATO Secretary General Mark Rutte in the Oval Office, Trump told reporters he was disappointed in Russian President Vladimir Putin and that billions of dollars of U.S. weapons would go to Ukraine. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo "We're going to make top-of-the-line weapons, and they'll be sent to NATO," Trump said, adding that Washington's NATO allies would pay for them. The weapons would include Patriot air defence missiles Ukraine has urgently sought, he said. Live Events "It's a full complement with the batteries," Trump said. "We're going to have some come very soon, within days." "We have one country that has 17 Patriots getting ready to be shipped ... we're going to work a deal where the 17 will go or a big portion of the 17 will go to the war site." Rutte said Germany, Finland, Denmark, Sweden, Norway, the United Kingdom, the Netherlands and Canada all wanted to be a part of rearming Ukraine. Trump's threat to impose so-called secondary sanctions on Russia, if carried out, would be a major shift in Western sanctions policy. Lawmakers from both U.S. political parties are pushing for a bill that would authorise such measures, targeting other countries that buy Russian oil. Throughout the more than three-year-old war, Western countries have cut most of their own financial ties to Moscow, but have held back from taking steps that would restrict Russia from selling its oil elsewhere. That has allowed Moscow to continue earning hundreds of billions of dollars from shipping oil to buyers such as China and India. "We're going to be doing secondary tariffs," Trump said. "If we don't have a deal in 50 days, it's very simple, and they'll be at 100%." A White House official said Trump was referring to 100% tariffs on Russian goods as well as secondary sanctions on other countries that buy its exports. Eighty-five of the 100 U.S. senators are co-sponsoring a bill that would give Trump the authority to impose 500% tariffs on any country that helps Russia, but the chamber's Republican leaders have been waiting for Trump to give them the go-ahead for a vote. Ukrainian President Volodymyr Zelenskiy said on Telegram he had spoken to Trump and "thanked him for his readiness to support Ukraine and to continue working together to stop the killings and establish a lasting and just peace." Zelenskiy held talks with Trump's envoy Keith Kellogg on Monday. In Kyiv, people welcomed Trump's announcement but some were cautious about his intentions. "I am pleased that finally European politicians, with their patience and convictions, have slightly swayed him (Trump) to our side, because from the very beginning it was clear that he did not really want to help us," said Denys Podilchuk, a 39-year-old dentist in Kyiv. GRACE PERIOD Artyom Nikolayev, an analyst from financial information firm Invest Era, said Trump did not go as far as Russian markets had feared. "Trump performed below market expectations. He gave 50 days during which the Russian leadership can come up with something and extend the negotiation track. Moreover, Trump likes to postpone and extend such deadlines," he said. Asked about Trump's remarks, U.N. Secretary-General Antonio Guterres said an immediate ceasefire was needed to pave the way for a political solution and "whatever can contribute to these objectives will, of course, be important if it is done in line with international law." Since returning to the White House promising a quick end to the war, Trump has sought rapprochement with Moscow, speaking several times with Putin. His administration has pulled back from pro-Ukrainian policies such as backing Kyiv's membership in NATO and demanding Russia withdraw from all Ukrainian territory. But Putin has yet to accept a proposal from Trump for an unconditional ceasefire, which was quickly endorsed by Kyiv. Recent days have seen Russia use hundreds of drones to attack Ukrainian cities. Trump said his shift was motivated by frustration with Putin. "We actually had probably four times a deal. And then the deal wouldn't happen because bombs would be thrown out that night and you'd say we're not making any deals," he said. Last week he said, "We get a lot of bullshit thrown at us by Putin." Russia began its full-scale invasion of Ukraine in February 2022 and holds about one-fifth of Ukraine. Its forces are slowly advancing in eastern Ukraine and Moscow shows no sign of abandoning its main war goals. Evelyn Farkas, a former senior Pentagon official who is now executive director of the McCain Institute, said Trump's moves could eventually turn the tide of the war if Trump ratchets up enforcement of current sanctions, adds new ones and provides new equipment quickly. "If Putin's ministers and generals can be convinced that the war is not winnable they may be willing to push Putin to negotiate, if nothing else but to buy time," said Farkas.
