- Compliance with Order dated 02.08.2018 of Supreme Court of India.
- Instructions to the Broadcast Companies & Teleport Operators.
- SC/ST Act Amendment Bill introduced in Parliament
- Lok Sabha passes National Sports University Bill
- Govt distributes 5 crore gas connections
- India seeks extradition of fugitive jeweller Nirav Modi from UK
- Centre withdrawing notification on social media hub, Attorney General informs SC
- Govt will give full opportunity to people left out of NRC in Assam, assures Rajnath
- Eight AAP MLAs led by Sukhpal Singh Khaira declare party's Punjab unit autonomous; Dissolve party's current organisational structure
- Railways doubles vacancies for Assistant loco pilots, technicians from 26 thousand to 60 thousand
- Ujjwala Yojana to achieve its target of providing 5 cr free LPG connections to poor families today
- The Ambassador of Italy to India, Mr. Lorenzo Angeloni calling on the Minister of State, Col. Rajyavardhan Singh Rathore
- The Minister of State, Col. Rajyavardhan Singh Rathore addressing at the Opening Ceremony of ASEAN India Film Festival 2018
- The Minister of State, Col. Rajyavardhan Singh Rathore addressing at the opening ceremony of the European Union Film Festival 2018
- Corrigendum to the Press Release "Shri Piyush Goyal Approves a New Promotion Policy for Railway Sportspersons" dated 02nd August, 2018
- Compensation to Farmers for losses due to natural calamities
- Pradhan Mantri Ujjwala Yojana achieves 5 core mark
- Implementation of PMFBY
- Implementation of E-Pashudhan Haat Scheme
- Decline in number of beneficiaries under PMFBY
- MSP for Kharif Crops
- Sustainable Use of Water Need of the Hour- Suresh Prabhu
- Mitigating peopleâs grief is the primary duty of a Legislator: Vice President
- More than 10,000 nominations received for Padma Awards â" 2019, process open till 15th September
- Govt pledges to pass new SC/ST prevention of atrocities amendment Bill in Monsoon session
- Saina Nehwal enters QFs of World Championships in China
- EAM Sushma Swaraj on 3-nation tour to Kazakhstan, Kyrgyzstan & Uzbekistan
- Rajya Sabha adjourned over Assam's NRC
- Two terrorists killed in encounter in J&K
- PHDCCI and CNI sign MoU to set up Indo-Nepal Centre
- Don't publicize photos/ videos of minor rape victims: SC
- Faster, coloured 3D printing method developed: Study
- Niti Aayog to partner with Meghalaya for work out blueprint of state's development - The Shillong Times
- CBI moves request for Choksi's extradition from Antigua (Lead)
- Kohli stands firm as India need 84 runs to win first Test vs England (Roundup)
- 8 killed in Andhra quarry blast
- Will move court against Reliance arbitration award: Pradhan
- Modi government gave clean chit to Choksi, alleges Rahul
- Adani Group, Indian Oil win big in bidding for city gas distribution
- IGST cut: Why industry's pitch for import duty hike may be misplaced
- Encounter in J&K's Shopian: One body recovered
- Dalit youth set on fire in Mathura
- A Dalit youth was allegedly set on fire by two men in Uttar Pradesh's Mathura district, police said today.
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Tata has a plan to calm JLR's 'perfect storm' Natrajan Chandrasekaran, the chairman of Tata Motors told shareholders that Jaguar Land Rover is facing a "Perfect Storm" this year due to worries over diesel demand in Europe and Brexit worries in UK and the team is looking to find solutions on "an urgent basis."Speaking at the 73rd Annual General Meeting Chandrasekaran said, "The business lost operating leverage due to a combination of slowing demand and higher investments in capex and people. Hence profitability and cash flows were impacted. The entire team is aware of the issues and appreciates the urgent need to find solutions."Apart from the macro-economic headwinds, the automobile industry is undergoing dramatic change with technology disruptions in the form of Autonomous, Connected, Electric and Shared technologies requiring large investments, said the Chairman. The company on its part will be investing Rs 1.2 lakh crore in Jaguar Land Rover for the coming three to five years to be part of this disruptive change. "We are committed to deliver the EBIT margin of 4-7% between FY19-21 and will work closely with the JLR team to help them achieve the same," assured Chandrasekaran to shareholders despite the challenges. However despite the global headwinds the standalone entity has turned around. Chandrasekaran expressed satisfaction over a sharp turnaround in the domestic business. He reminded them as to how when he met shareholders for 72nd annual general meeting, the commercial vehicle business was losing market share, passenger vehicle was bleeding and stock was under performing, but things are much better on standalone front. The commercial vehicles segment has bounced back post the BS4 migration challenge to post robust share and profitability gains. All segments (with the exception of buses) showed strong growth in fiscal 2018. The volumes grew by 23.3% over fiscal 2017. The company ended the year with 45.1% market share compared to 44.4% share in the previous year. The passenger vehicle business has launched strong products with the latest being an SUV Nexon which has helped in gaining market share and reducing its losses. The volumes grew by 19% over fiscal 2017. The company ended the fiscal 2018 with 5.7% market share compared to 5.1% share in the previous year. He informed shareholders that the business has overall turned cash positive after 5 years. The company on a standalone basis had free cash flows (after considering capex) of Rs 1,330 crores, first time in the last 5 years. The standalone revenues increased to Rs 58,457 crores in fiscal 2018 compared to Rs 44,431 crores in fiscal 2017, demonstrating a strong growth of 31.6%.The business turned profitable on an underlying basis and delivered an EBIT of Rs 535 crores compared to a EBIT loss of Rs 1,385 crores in the previous year. The loss after tax for fiscal 2018 was at Rs 1,035 crores, significantly lower than Rs 2,430 crores in the previous year.In FY-18, Tata Motors consolidated revenues, net of excise, stood at Rs 2,94,243 crores, 9.0% higher as compared to the previous year, mainly due to the growth in the India business and higher wholesale volumes in JLR. The consolidated profit after tax (before minority interest) was higher at Rs 9,091 crores, a growth of 20.3% compared to Rs 7,557 crore in the previous year.The consolidated debt was higher by Rs 10,346 crore at Rs 88,950 crore, mainly due to higher capital expenditure and lower cash flow from operations on a consolidated basis. - Drive against honking in Shimla, Manali
- Although the âHorn not okâ initiative is primarily an initiative of the the department of environment, science and technology but Chief Minister tasked the police,…
- Ludhiana: Foster father held for ârapingâ 11-year-old, mother for âpushingâ her into prostitution
- Haryana government approves 7th pay commission scale for college, university teachers
- Bansi Lal University, Bhiwani, 18 in Ch. Ranbir Singh University, Jind, 116 in Bhagat Phool Singh Women University, Khanpur Kalan, Sonipat, and 34 in Indira Gandhi University, Rewari will be benefited. In total, 5,809 teaching and non-teaching staff will be benefited.
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- The fake news on GST
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maukaexplorer provides Daily snippets of exclusive topics on Current Affairs for Competitive Exams and Group Discussions. Suitable for all age groups and for a variety of competitive examinations.
Saturday, August 4, 2018
Latest News Headlines Sat Aug 4 00:34:19 IST 2018
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