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Sunil D'Souza, MD & CEO, Tata Consumer, says “cash flow conversion is up 100 bps and we remain on track to deliver 95% to 100% of EBITDA to cash for the full year. As for ROC, which you have kept mentioning as our bugbear, is up by 210 bps, hopefully that trajectory continues even on the strategic front and that is the key to delivering good numbers, staying focussed on the strategic pieces, staying focussed on the basics and executing them well. ” These numbers are good, solid and they deserve a table thumping applaud. It is a rarity when we say that FMCG companies are beating estimates. How have you managed to beat the peers and analyst estimates? We have delivered a decent set of numbers. Just to highlight, topline was up 11%, EBITDA was up 30%. Group net profit was minus 7% but if I offset the one-time land sale that was there last year, net of exceptionals, we are up by 24%. EBITDA is up 220 bps. We are seeing volume growth across all the businesses. Growth businesses in India are firing at 40, international is up 13%. Gross margins across all businesses more or less where they should be, bar the US where we have got a little bit of work to do.

A U.N.-appointed human rights expert and opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the U.S., U.K. and Canada on companies providing financial resources to the army-installed regime and high-ranking officials

A former employee is suing to force a Mississippi utility to repay $382 million to the federal government

The visa interview is designed to assess your eligibility to study in the US and your commitment to complying with the conditions of the F-1 visa. Typically lasting only 90 seconds to three minutes, it's crucial to effectively showcase your qualifications to the consular officer in this brief timeframe. The F-1 visa is the go-to choice for students aiming to pursue academic endeavors in the US. Tailored for full-time students enrolled in accredited US universities, colleges, language schools, or recognized educational institutions, this visa allows you to stay throughout your academic program. Here is a comprehensive guide with potential answers to common questions you may encounter during your F-1 visa interview. These questions can be categorized into five key areas: Study Plans: Questions in this category focus on your reasons for studying in the US, your chosen field of study, and the impact of your studies on the global stage.

historical returns of the scheme. Although wealth managers — time and again — assert that the past returns are no guarantee for the scheme's future returns, these are still given disproportionately greater importance by retail investors. Here, we zero in on three mutual funds which have given such high returns that the money would have swelled five times in the past decade or so.

The $6 trillion provider of Australia’s oldest exchange-traded fund has slashed its management fees, a move that brings its costs in line with its faster growing competitors.

Maratha quota agitation which took a violent turn in some parts of the state. Since the last few days, incidents of violence were witnessed in many parts of the state. The State-run bus services have been completely suspended in five Marathwada districts while curfew and Internet shut-down have been imposed in parts of Beed where the houses of political leaders were targeted by protesters.

Take a look at history, significance, theme, and a few benefits of vegan diet, Date: World Vegan Day is celebrated annually on November 1. Theme: This year, the theme of ‘World Vegan Day’ is ''Celebrating for a Good Cause'. History: World Vegan Day began on November 1, 1994, when 'The Vegan Society' was founded to encourage veganism and a plant-based diet by a vegan animal rights activist Louise Wallis when she was searching for a fitting venue to commemorate the 50th anniversary of the Vegan Society, according to vegan-day.org.

exporters of sugar in the world. Despite this, the Indian sugar industry is battling several challenges. The yield of sugarcane in India is very low compared to other major exporters.

India has no option other than to grow at 10% to catch up with the scale of China, India’s G20 Sherpa Amitabh Kant on Thursday said that the Indian economy is poised to be a $5-trillion economy. “This is India’s moment. We can go on to be the seventh-largest economy in the world.

Nokia said Tuesday it is suing Amazon in five global jurisdictions, including the United States and India, over patent infringements on video-related technologies. Nokia said it is also suing HP, formerly known as Hewlett-Packard, in a US court, also for using Nokia video technology without its permission.

Hamas militants infiltrated the Israeli territory, killing 1,400 people, mostly civilians, and kidnapping at least 240 others, including children. The health ministry in Hamas-run Gaza has said that the Israeli strikes have so far killed over 8,000 civilians including more than 3,500 children.

LPG cylinders by ₹100 in various locations throughout the country. It is to be noted that this marks the second price hike for commercial LPG cylinders in the past two months. The hike will come into effect from November 1.

NWIU Times report, Jordan Andrad, 24, stabbed Varun into the temple with a knife at a public gym in Valparaiso, Indiana, on Sunday morning. The report further added that the reason for this still not known and authorities are looking into the incident.

World Cup 2023, will clash at the Maharashtra Cricket Association Stadium in Pune. Both these teams have had a great tournament so far. South Africa have won 5 out of their 6 matches, losing only to the Netherlands.

work from home policy, Infosys has started calling back its employees to work from office for a minimum of ten days in a month, the software exporter's select employees at the entry to mid-level positions have been informed. «As we move to strengthen our return to office (RTO) approach and hybrid work model, I urge you to work from office for a minimum of 10 days in the month, starting Nov 20, 2023,» read an email sent by one of the vice presidents to employees in the band 5 and 6 in select verticals. ET has reviewed the email.

Travis Kelce, the seasoned tight end for the Kansas City Chiefs, has embarked on an intriguing venture beyond the football field. As per the records maintained by the United States Patent and Trademark Office, the 34-year-old NFL star has submitted five new trademark requests.

By Jamie McGeever

NEW DELHI : Government procurement of paddy has fallen as farmers hold back on selling their crop, hoping for sops ahead of Assembly elections in five states this year. The union government, through the federal Food Corporation of India (FCI) and state agencies, has procured 14.7 million tonnes (mt) of paddy in the ongoing kharif marketing season that started on 1 October, as against 15.9 million tonnes in the corresponding period last year. The slow progress is due to farmers holding back their crops in the hope of bonuses or special announcements ahead of the five state assembly elections from 7 November this year, a government official said.

With 60 per cent of Canadian mortgages set to come up for renewal within the next three years, homeowners are facing a “payment shock” unless interest rates come down in a significant way, according to Royal Bank of Canada.

The Canadian economy could already be in a “modest” recession, one economist says, after Statistics Canada released the latest GDP numbers for August and a preliminary forecast for September and the third quarter.