Archive | 5:20 pm

Ruchi Soya net sales up 18%

15 Feb

During the quarter, branded sales registered a healthy 22.95% growth from Rs. 1,374.23 crore to Rs. 1,689.59 crore
Ruchi Soya Industries Limited (Ruchi Soya) has announced its un-audited financial results for the quarter ended December 31, 2012 (Q3). As compared to the corresponding period of the previous year, net profit for the quarter rose by 105.45% from Rs. 24.05 crore to Rs. 49.41 crore whereas net sales rose by 17.56% from Rs. 6,954.29 crore to Rs. 8,175.16 crore.

During the quarter, branded sales registered a healthy 22.95% growth from Rs. 1,374.23 crore to Rs. 1,689.59 crore. Refining capacity utilization improved by 8.85% from 4,78,589 MT to 5,20,960 MT. Export of Soya Meal in value improved by 47.29% from Rs. 883.16 crore to Rs. 1,300.83 crore. Sale of Textured soya protein (TSP) stood at Rs. 28.16 crore registering an impressive rise of 43.53% from Rs. 19.62 crore during Q3 in the last fiscal.

Commenting on the performance, Managing Director, Dinesh Shahra said, “I am happy to share the healthy growth recorded by the Company during the third quarter ended December 31, 2012. Improved branded sales, better sales realization of oilseed extraction, effective control on the costs and favourable business sentiments helped us to get profit on the track. We are making our efforts to have good performance on a sustained basis in the times to come.”

Source: http://planetcorporatenews.blog.com/

Meteor shower hits Russia, 500 injured by blasts

15 Feb

A meteor streaked across the sky above Russia’s Ural Mountains today morning, causing sharp explosions and injuring more than 400 people, many of them hurt by broken glass. “There was panic. People had no idea what was happening. Everyone was going around to people’s houses to check if they were OK,” said Sergey Hametov, a resident of Chelyabinsk, about 1500 kilometers east of Moscow, the biggest city in the affected region.

“We saw a big burst of light then went outside to see what it was and we heard a really loud thundering sound,” he said. Fragments of the meteor fell in a thinly populated area of the Chelyabinsk region, the Emergency Ministry said in a statement. Interior Ministry spokesman Vadim Kolesnikov said more than 400 people had sought medical treatment after the blasts, and at least three had been hospitalized in serious condition.

Many of the injuries were from glass broken by the explosions. Kolsenikov also said about 600 square meters of a roof at a zinc factory had collapsed. Reports conflicted on what exactly happened in the clear skies. A spokeswoman for the Emergency Ministry, Irina Rossius, told The Associated Press that there was a meteor shower, but another ministry spokeswoman, Elena Smirnikh, was quoted by the Interfax news agency as saying it was a single meteorite.

Amateur video broadcast on Russian television showed an object speeding across the sky about 9:20 am local time (0320 GMT), leaving a thick white contrail and an intense flash. Russian news reports noted that the meteor hit less than a day before the asteroid 2012 DA14 is to make the closest recorded pass of an asteroid — about 28,000 kilometers. There was no immediate demonstrable connection.

Source: http://www.indianexpress.com/news/meteor-shower-hits-russia-500-injured-by-blasts/1074796/

Asteroid, large enough to destroy a city, to whiz past Earth today

15 Feb

Over 700 people, including 159 children, were injured on Friday in a freak incident when a meteor weighing about 10 tonnes streaked across the sky above Russia’s Ural Mountains, creating panic as shockwaves blasted windows and rocked buildings.

According to officials, 725 people have sought medical attention in the disaster area, 112 of whom have been hospitalised. Among the injured there are 159 children.

Most of those hurt suffered minor cuts and bruises but some received head injuries, Russian officials said.

Gas supplies were cut off to hundreds of homes in the Chelyabinsk region as a safety precaution and some 3,000 buildings were reported to have been damaged, a media report said.

A fireball was seen streaking through the clear morning sky above the city of Yekaterinburg, followed by loud bangs, but much of the impact was felt in the city of Chelyabinsk, some 200 km south of Yekaterinburg.

President Vladimir Putin said he thanked God no big fragments had fallen in populated areas.

Putin also promised “immediate” aid for people affected, saying kindergartens and schools had been damaged, and work disrupted at industrial enterprises.

Russian space agency Roskosmos has confirmed the object that crashed in the Chelyabinsk region is a meteorite. They said in a statement, “According to preliminary estimates, this space object is of non-technogenic origin and qualifies as a meteorite. It was moving at a low trajectory with a speed of about 30 km/second.”

Asteroids are small bodies that orbit the Sun as the Earth does. Larger asteroids are called planetoids or minor planets and smaller ones are called meteoroids.

The Russian Academy of Sciences estimates that the meteor weighed about 10 tonnes and entered the Earth’s atmosphere at a speed of at least 54,000 kmph.

It would have shattered about 30-50 km above ground, with most of the meteor burning up.

Russian Army units found three meteorite debris impact sites, two of which are in an area near Chebarkul Lake, west of Chelyabinsk. The third site was found some 80 km further to the northwest, near the town of Zlatoust.

Source: http://www.indianexpress.com/news/asteroid-large-enough-to-destroy-a-city-to-whiz-past-earth-today/1074841/0

Over 700 people, including 159 children, were injured on Friday in a freak incident when a meteor weighing about 10 tonnes streaked across the sky above Russia’s Ural Mountains, creating panic as shockwaves blasted windows and rocked buildings.

According to officials, 725 people have sought medical attention in the disaster area, 112 of whom have been hospitalised. Among the injured there are 159 children.

Most of those hurt suffered minor cuts and bruises but some received head injuries, Russian officials said.

Gas supplies were cut off to hundreds of homes in the Chelyabinsk region as a safety precaution and some 3,000 buildings were reported to have been damaged, a media report said.

A fireball was seen streaking through the clear morning sky above the city of Yekaterinburg, followed by loud bangs, but much of the impact was felt in the city of Chelyabinsk, some 200 km south of Yekaterinburg.

President Vladimir Putin said he thanked God no big fragments had fallen in populated areas.

Putin also promised “immediate” aid for people affected, saying kindergartens and schools had been damaged, and work disrupted at industrial enterprises.

Russian space agency Roskosmos has confirmed the object that crashed in the Chelyabinsk region is a meteorite. They said in a statement, “According to preliminary estimates, this space object is of non-technogenic origin and qualifies as a meteorite. It was moving at a low trajectory with a speed of about 30 km/second.”

Asteroids are small bodies that orbit the Sun as the Earth does. Larger asteroids are called planetoids or minor planets and smaller ones are called meteoroids.

The Russian Academy of Sciences estimates that the meteor weighed about 10 tonnes and entered the Earth’s atmosphere at a speed of at least 54,000 kmph.

It would have shattered about 30-50 km above ground, with most of the meteor burning up.

Russian Army units found three meteorite debris impact sites, two of which are in an area near Chebarkul Lake, west of Chelyabinsk. The third site was found some 80 km further to the northwest, near the town of Zlatoust.