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Time of India
6 days ago
- Politics
- Time of India
Dilip to skip rally to avoid ‘seating row'
1 2 3 Kolkata: BJP 's former national vice-president Dilip Ghosh will not attend PM Narendra Modi's rally in Durgapur on Friday. Even a day earlier, Ghosh said he was willing to listen to Modi's speech. "I am not attending the rally on Friday. There will be specific seating arrangements as directed by the Prime Minister's Office. My seating position might lead to unnecessary discussions and speculations. I don't want to disturb the PM's rally due to that," he said. Ghosh was unsure of attending the rally since Thursday morning and said that he was assessing the situation. "I cannot say who will be present on the dais. It is up to the PMO to decide. However, I am willing to listen to the PM's speech. There is still time," he said. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Sources close to Ghosh, who is not even a lawmaker now, said the Bengal BJP senior decided not to attend the rally on Thursday evening. "There is a definite protocol from the PMO regarding the presence of netas on the dais. Apart from state president Samik Bhattacharya, leader of the opposition Suvendu Adhikari and Union minister Sukanta Majumdar will remain present on the dais. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The all new SP160 that comes with advance technology & features Honda Learn More Undo If Ghosh attends the rally, he might be asked to sit among other party functionaries and office-bearers. He wanted to avoid the controversy," said a Bengal BJP functionary. State BJP netas, however, refused to read much into Ghosh's absence. "He might organise a party meeting at Midnapore on July 21 and address people against Trinamool and the state administration," a Bengal BJP functionary said.
Time of India
12-07-2025
- Time of India
Historic recognition: 12 forts of 'Maratha Military Landscapes' on world heritage list; 7 sites fall under Mumbai Circle
MUMBAI: In a landmark moment for Maharashtra, 12 forts associated with Chhatrapati Shivaji Maharaj were inscribed on the Unesco World Heritage List during the 47th session of the World Heritage Committee in Paris Friday. "The 'Maratha Military Landscapes' represent extraordinary fortification and military systems envisioned by the Maratha rulers," says the citation. While 11 on them are in Maharashtra, 12th is in TN. "It's the first of its kind of nomination from India - 12 forts as a serial nomination of a single site representing the great fortifications legacy of the Marathas," said Shikha Jain of DRONAH, a research and documentation organisation commissioned by the govt to prepare the dossier and presentations required for the Unesco process. "Two points that are truly significant in this inscription are the Maratha defence network expanding in three axes of forts, and Swarajya or self-rule of the Marathas that subsequently impacted India's freedom struggle," Jain told TOI from Paris. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Mumbai Circle home to 7 of 12 forts on Unesco list Nanda Raut, deputy secretary of the state's culture and tourism dept, who worked on the project from Feb 2024, said, 'Eleven of these forts are within Maharashtra, while the twelfth is in Tamil Nadu. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The all new SP160 that comes with advance technology & features Honda Learn More Undo I am so pleased I played a small part in this effort. This honour will draw more tourists to the forts. But it brings with it a big responsibility as well. We as citizens have to preserve and protect these forts and ensure their cleanliness. ' Out of the 12 new sites from India declared as world heritage site by Unesco, 11 are in Maharashtra and one in Tamil Nadu. Of this 7forts are in Mumbai Circle and 4 forts are from across Maharashtra under Directorate of Archaeology and Museums,' said Abhijit Ambekar, superintending archaeologist, (Mumbai Circle) Archaeological Survey of India. This is indeed a landmark moment for Maharashtra, whose Shivaji and Maratha era forts have been firmly placed on the international heritage map. Shikha Jain of DRONAH was commissioned the dossier by department of archaeology and museums. This agency drafted all the technical presentations required by ICOMOS. ICOMOS (International Council on Monuments and Sites) is an NGO associated with Unesco, dedicated to the conservation, protection, use and enhancement of cultural heritage places. It evaluates properties proposed for World Heritage List. Jain told TOI , 'We are celebrating in Paris! It is a great achievement.' Both Raut and Jain gave credit to various officials of the culture ministry, ASI officials and state govt including CM Devendra Fadnavis. CM Fadnavis tweeted on Friday, 'Historic! Proud! Glorious moment! The 12 forts of Chhatrapati Shivaji Maharaj are now on Unesco's World Heritage List! It gives me immense joy to share that the 12 forts, embodying the grandeur of our nation's beloved deity, the king of the people, Chhatrapati Shivaji Maharaj, have been included in Unesco's World Heritage List. They have now been recognised for their 'outstanding universal value'. ' A well-known heritage conservationist from the city who has restored numerous public and private structures, said, 'It is a happy and proud moment, especially as these forts were so well planned and designed and served an important role historically. I hope they are looked after well as per WHS (World Heritage Site) norms.'
Time of India
11-07-2025
- Business
- Time of India
No expertise: Suheli Mehta not willing to join as Vanijya Mahavidyalaya principal
Patna: Patna University (PU) home science department head Suheli Mehta, who has been asked to join Vanijya Mahavidyalaya, a constituent college under the varsity, as its principal after a draw of lots, has reportedly expressed her unwillingness to join the institution. "Neither have I any expertise in commerce education, nor has the college any scope for starting any course in home science. Hence, the idea of joining an institution imparting education in commerce is completely unpalatable for me," says Mehta, who topped the list of candidates selected as principals for appointment in 115 different colleges under 13 universities in Bihar. Mehta, who has been actively associated with various academic and administrative activities of the university for the last several years, has told the newspaper that she wants to continue on her present post. "I had applied for any premier institution for women. When I was ranked number one and selected among the five aspirants for the PU, I had pinned my hope for Magadh Mahila College (MMC) where I had spent a considerable part of my teaching career," she says, regretting that despite being number one, she was asked to head Vanijya Mahavidyalaya. She adds that instead of posting the principals in colleges through a draw of lots, the authorities should have finalised the candidates on the basis of merit and choice. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bring home all new SP160 & get an instant cashback up to ₹4000# Honda Learn More Undo Maybe, the erroneous posting like that of a male teacher in a women's college, or that of a science teacher in an arts college could have then by avoided, she says. Three of the five principals selected by lottery have already joined as the principals in the colleges allotted to them. Nagendra Prasad Verma has joined as the principal of MMC, home science teacher Alka has joined Patna Science College and Yogendra Kumar Verma has joined Patna Law College. Patna College is still waiting for its new principal Anil Kumar. Patna: Patna University (PU) home science department head Suheli Mehta, who has been asked to join Vanijya Mahavidyalaya, a constituent college under the varsity, as its principal after a draw of lots, has reportedly expressed her unwillingness to join the institution. "Neither have I any expertise in commerce education, nor has the college any scope for starting any course in home science. Hence, the idea of joining an institution imparting education in commerce is completely unpalatable for me," says Mehta, who topped the list of candidates selected as principals for appointment in 115 different colleges under 13 universities in Bihar. Mehta, who has been actively associated with various academic and administrative activities of the university for the last several years, has told the newspaper that she wants to continue on her present post. "I had applied for any premier institution for women. When I was ranked number one and selected among the five aspirants for the PU, I had pinned my hope for Magadh Mahila College (MMC) where I had spent a considerable part of my teaching career," she says, regretting that despite being number one, she was asked to head Vanijya Mahavidyalaya. She adds that instead of posting the principals in colleges through a draw of lots, the authorities should have finalised the candidates on the basis of merit and choice. Maybe, the erroneous posting like that of a male teacher in a women's college, or that of a science teacher in an arts college could have then by avoided, she says. Three of the five principals selected by lottery have already joined as the principals in the colleges allotted to them. Nagendra Prasad Verma has joined as the principal of MMC, home science teacher Alka has joined Patna Science College and Yogendra Kumar Verma has joined Patna Law College. Patna College is still waiting for its new principal Anil Kumar.
Time of India
04-07-2025
- Business
- Time of India
Godrej Consumer Products expects India margins to stay below normative range, volume improving sequentially
Godrej Consumer Products expects its margin from India business to stay below 'normative range' in June quarter, but is likely to deliver high-single digit value growth aided by volume expansion. The company's volume growth , in its standalone business, has been strongly competitive and is sequentially improving, said the Godrej Industries Group FMCG arm in its quarterly updates. "Standalone EBITDA margin in Q1FY26 is likely to be below our normative range but is expected to improve," said Godrej Consumer Products Ltd ( GCPL ). Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bring home all new SP160 & get an instant cashback up to ₹4000# Honda Learn More Undo Its home care business, which includes household insecticides and air care products, has had a broad-based and strong growth trajectory. It is "likely to deliver double-digit value growth and UVG," it said. While palm oil prices have started moderating towards the end of June, benefits of this moderation will only be realised in the second half of FY26. Live Events GCPL's personal care business , which consists of hair care, soaps, and toiletries, is expected to grow value in low-single digit impacted by soaps. "Standalone business excluding soaps (which is seeing a price-volume rebalancing driven by commodity volatility) is expected to deliver a very strong performance this quarter with double-digit UVG," said GCPL. In Indonesia, the second biggest market of the company after India, GCPL faced a significant increase in competitive pricing action across all major categories, which will likely result in "flattish" volume growth. "GAUM (Godrej Africa, USA, and Middle East) business is likely to deliver strong double-digit value growth and UVG for the second consecutive quarter. Profit growth continues to be healthy," it said. At a consolidated level, "we expect double-digit INR revenue growth on the back of high single-digit UVG", the company. For FY26, the company said, "we are on track to deliver mid-high-single digit UVG for standalone business, high-single digit consolidated INR revenue growth and double-digit consolidated EBITDA growth for the full year". According to GCPL, this update provides an overall summary of the operating performance and demand trends during the quarter ended June 30, 2025. "This will be followed by a detailed performance update, post the approval of the Q1FY26 financial results by the Board of Directors," it said.
Time of India
04-07-2025
- Business
- Time of India
Trent share price today: Stock drops around 9% after slower growth outlined at AGM; Nuvama downgrades
Nuvama expressed its concerns about the potential slowdown in Trent's growth. (AI image) Trent Ltd, a Tata Group company, saw a significant share price decline of 8.7% to Rs 5,652 on the National Stock Exchange on Friday. This drop followed the company's AGM announcement regarding slower revenue growth, leading Nuvama brokerage to revise its rating to 'hold' and reduce the target price from Rs 6,627 to Rs 5,884. During its AGM, Trent revealed anticipated revenue growth of approximately 20% for Q1FY26, indicating a substantial reduction from its previous performance, according to an ET report. This forecast represents a considerable decrease from the 35% CAGR achieved during FY20-FY25, falling below the company's targeted 25% CAGR for future periods. Nuvama expressed its concerns about the potential slowdown, stating: "At its AGM, Trent disappointed on near-term growth expectations in its core fashion business, which is expected to deliver ~20% growth in Q1FY26E, sharply down from its five-year CAGR of 35% (FY20–25). Management reaffirmed their aspiration of 25%-plus growth for the coming few years, but the current run rate falls short of it." Following this development, Nuvama adjusted its projections downward, reducing FY26 and FY27 revenue forecasts by 5% and 6% respectively. Additionally, EBITDA estimates saw reductions of 9% and 12%. The brokerage's decision to adopt a more conservative investment position stemmed from the observed growth moderation, necessitating a reassessment of both Trent's earnings outlook and valuation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bring home all new SP160 & get an instant cashback up to ₹4000# Honda Learn More Undo While downgrading its rating, Nuvama recognised Trent's enduring aspirations and implementation success, specifically highlighting its reaffirmed goal of achieving a tenfold revenue increase in the upcoming years—a strategic objective initially presented in FY23. During the AGM, the leadership team reported that revenue had already doubled since announcing this target. "This growth will be backed by robust additions of ~250 stores across formats as per management guidance, whose tone has historically been conservative. Accordingly, we remain confident of management beating this given the execution track record," Nuvama said. The financial services firm identified Zudio Beauty and Star Bazaar as key revenue generators for future expansion, whilst noting that both ventures require operational stability before undertaking significant growth initiatives. Trent: Key AGM Updates Star Bazaar outlook: Trent Hypermarket (Star Bazaar) has the potential to grow larger than Westside and Zudio, primarily due to the substantial size of India's food retail sector. Independent operations: Star Bazaar will maintain its focus on Trent's branded products, without plans to integrate with Big Basket, which is viewed as a higher-priced alternative. Growth targets: Management confirmed their FY23 target of achieving 10x revenue growth, highlighting that revenue has already increased twofold since the announcement. Retail expansion plans: The organisation plans to establish over 250 new stores across various formats in FY26, with flexibility to increase this number based on market dynamics and real estate availability. Trent's share price has increased by approximately 70% in 2025, reflecting positive investor sentiment towards its growth strategy. However, Nuvama has expressed concerns about the sustainability of these high valuations, noting indications of declining momentum, according to the ET report. "Underwhelming near-term growth prompts the downgrade to 'HOLD' as the current valuation is too demanding. A significant jump in growth profile, or pickup in other levers i.e. Star Bazaar, Zudio Beauty remain the key risks to our view," the brokerage concluded. The company disclosed its Q1 business performance update on Friday morning, post market opening. For the April–June quarter of FY26, Trent's standalone revenue from product sales (including GST) reached Rs 5,061 crore, showing a 20% increase from Rs 4,228 crore in the corresponding period of the previous year, aligning with their projected guidance. As at June 30, 2025, Trent's retail presence comprised 248 Westside stores, 766 Zudio stores (with two locations in the UAE), and 29 stores representing various other lifestyle concepts. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
