CHENNAI PRESS NEWS

Profits before tax register60% growth 31 st July 2019, Chennai / Mumbai: Financials: Tamilnadu Petroproducts Limited (TPL), India’s leading manufacturer of industrial chemicals, announced its financial results for Q1FY20 today. The company has posted a 24% increase in its total income during the quarter vis-à-vis the corresponding period in the last fiscal. TPL posted an impressive increase in its profits during the quarter. The profits before tax (PBT) increased by 60% over the Q1FY19 – from INR 1,533 lakh to INR 2,447 lakh. The profits after tax (PAT) margins expanded by over 100% - from INR 942lakhin Q1FY19 to INR 1904lakh in Q1FY20. The earnings per share (EPS) also doubled to Rs. 2.12 per share. This is the company’s best-ever quarterly performance in the last 15 years. Consolidated Quarterly Performance: The above were reflected in the consolidated results, also as shown below. Financial Results (INR Lakh) 30-06-19...

Desiltation project in 6 villages near Warangal in Telangana to benefit more than 1000 farmers Chennai, 31 st July 2019: Bala Vikasa, a non-profit devoted to sustainable development in India, recently completed an extensive de-siltation project in the villages of Thimmakkapalli, Samudrala, Garnepalli, Konkapaka, Upparapalli, and Ranganayakagudem near Warangal, Telangana. With financial support from Verizon India, this community driven initiative is aimed at promoting sustainable farming practices and ensuring ecological balance in these regions. As per the irrigation department records of Telangana government, there are over 45,000 small and medium tanks irrigating over 22 lakh acres in the state. Majority of these tanks start underperforming over a period of time due to silt deposits and low maintenance. This not only impacts water storage for farmers but also leads to an ecological imbalance with the erosion of top layer arable soil, making farmers depend on chemica...

The interest rates are with effect from May 08, 2019 July 31, 2019: Pune, Maharashtra: Fixed Deposits have established themselves as one of the safest investment instruments as compared to ever so volatile stock markets, mutual funds and gold. It is one of the best ways to grow your funds while ensuring the safety of your principal amount. It is one of the most popular investment choices, especially for investors who have absolutely zero risk-taking capacity. Interest rate and FD ratings are two of the most important factors to consider while choosing a Fixed Deposit offering. Bajaj Finance Fixed Deposit will offers one of the highest interest rates of up to 8.60% for new customers, up to 8.85% for existing customers and up to 8.95% for senior citizens with effect from May 8, 2019. With the highest stability ratings of FAAA by CRISIL and MAAA by ICRA, Bajaj Finance Fixed Deposit is the safest option for investment. Here’s a look at the interest rates offered by Bajaj...