workers

 

Coal India mgt rejects wage hike demand of worker unions

Aug 22 2017

The Coal India managament has not accepted wage hike demand of worker unions due to "financial constraints", a trade union said.

Workers safety paramount, move to a culture of prevention:Prez

Aug 17 2017

Asserting that workers' safety in mining is paramount, President Ram Nath Kovind said the country needs to move strongly towards 'culture of prevention'.

VW workers want new model for Germany to boost flagging output

Aug 09 2017

Volkswagen's top labour representative has urged the carmaker's management board to assign a new vehicle model to Germany to boost flagging capacity utilization.

Hundreds of Congress workers protest attack on Rahul Gandhi

Aug 05 2017

Hundreds of Congress workers on Saturday marched towards Gujarat Bhawan to protest against the attack on party Vice President Rahul Gandhi's convoy in Gujarat.

Nissan Mississippi workers vote heavily against unionization

Aug 05 2017

Workers at Nissan Motor Co Ltd's plant in Canton, Mississippi, voted nearly two to one against union representation, the company and the UAW said.

Using H1-B visas to displace US workers a mistake: Chambers

Aug 02 2017

John Chambers said firms taking Indians to the US for cost arbitrage displacing American workers was a mistake & it is important that jobs are created in both countries.

Britain's NHS to recruit 21,000 mental health workers

Aug 01 2017

At least 21,000 staff are to be recruited by the National Health Service (NHS) in Britain to boost the country's mental health service.

Delhi govt doubles honorarium for Anganwadi workers, helpers

Jul 22 2017

The Delhi government has decided to double the honorarium of around 22,000 Anganwadi workers and helpers here, Deputy Chief Minister Manish Sisodia said.

Trump administration announces additional H2B visas

Jul 18 2017

H-2B visas are mostly for foreign farm workers.

UK earnings after inflation shrink at fastest pace since 2014

Jun 14 2017

British workers' earnings after inflation are shrinking at the fastest pace since 2014, underscoring the economic challenge facing a weakened Prime Minister Theresa May.

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Global Markets

 

Stocks In News

 

GMR

Plans to invest Rs 16,000 Cr for expansion of Delhi Airport

To double capacity of T1 & also increase capacity of T3

To Lay new runway & build new terminal over next 7 Yrs

APEX FROZEN FOOD IPO

Issue subscribed 0.4 times on Day 1

DLF

To review proposed sale status of Cyber Cities CCPS to GIC Affiliate (CCPS: Compulsorily Convertible Preference Shares)

Audit Committee to meet on Aug 25 to review status of CCPS sale

To take matters W.R.T Fundraising via NCDs/Debt instruments

Approves CCPS sale by Promoters in DLF Cyber City in Oct 2015

ORCHID PHARMA

Lakshmi Vilas Bank moves NCLT against Orchid Pharma

Co to challenge insolvency proceedings at NCLAT

Taken Rs 50 Cr loan from Lakshmi Vilas Bank which it failed to repay

Co hasn't made any payments towards lease since January 2016

Total lease rent paid by Co till May 2017 is Rs 20.6 Cr

BTVI Alert

ORCHID PHARMA

NCLT approves insolvency process against company

Co exploring legal recourse against NCLT Order

 

HDIL

Stichting depository apg EM equity pool buys 23.3 Lk shrs at Rs 58.76

Deal valued at Rs 13.7 Cr for stake 0.5%

CARE RATINGS Q1 REVIEW

Rating fees up 8% at Rs 61 Cr Vs Rs 56 Cr

Total Revenue up 1.2% at Rs 67.9 Cr Vs Rs 67 Cr

Operating Profit up 11% at Rs 38.4 Cr Vs Rs 34.5 Cr

Operating Profit margin up 210 bps at 62.6% Vs 60.5%

Net Profit up 16.4% at Rs 35.5 Cr Vs Rs 30.5 Cr

DCM SHRIRAM INDUSTRIES Q1 REVIEW

Net sales up 22.5% at Rs 494 Cr Vs Rs 403 Cr

EBITDA down 6.6% at Rs 56 Cr Vs Rs 60 Cr

EBITDA margin down 360 bps at 11.3% Vs 14.9%

Net Profit marginally down at Rs 32.5 Cr Vs Rs 32.8 Cr

GATI LTD Q1 REVIEW CONSOLIDATED

Net Sales up 0.3% at Rs 426.7 Cr Vs Rs 425.5 Cr

EBITDA up 42.5% at Rs 44.6 Cr Vs Rs 31.3 Cr

EBITDA Margin at 10.5% Vs 7.4%

Net Profit up 2.6x at Rs 18.3 Cr Vs 5.1 Cr

AHLUWALIA CONTRACTS Q1 REVIEW

Net Sales up 64.6% at Rs 504.2 Cr Vs Rs 306.3 Cr

EBITDA up 22.4% at Rs 55.1 Cr Vs Rs 45 Cr

EBITDA Margin at 10.9% Vs 14.7%

Net Profit up 35.3% at Rs 29.5 Cr Vs 21.8 Cr

Promoter shareholding down to 57.96% in June from 59.6% in March

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