Avishek Rakshit

Kolkata

Principal Correspondent at Informist Media

Special Correspondent with Informist (@InformistMedia) discovering Incredible India...!!! And oh! Amateur ancient Indian numismatist…

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Articles

Coal India to pay INR 17.6 bln to workers as festival bonus by Wed

Oct 3, 2024 | cogencis.com | Avishek Rakshit

Exclusives Informist, Friday, Oct. 4, 2024--Coal India official: To pay INR 17.6 bln as bonus to workers by Wed--Coal India official: To pay bonus of INR 93,750 per worker for FY25--Coal India official: Bonus per worker up 9.6% on year in FY25--Coal India official: FY25 bonus outgo dn on fewer permanent workers By Avishek RakshitKOLKATA – State-owned Coal India Ltd.
Balmer Lawrie aims to maintain profit at 8-12% of sales till 2030, CMD says

Sep 30, 2024 | cogencis.com | Avishek Rakshit

Exclusives Informist, Tuesday, Oct. 1, 2024By Avishek RakshitKOLKATA – The share of profit of Balmer Lawrie & Co. Ltd. as a percentage of revenue is expected to remain at 8-12% in the next six years even as the company is eyeing to more than double the topline to INR 60 billion by 2030, Chairman and Managing Director Adhip Nath Palchaudhuri told Informist.
Balmer Lawrie arm may ink loan refinancing pact with PFC by mid-Oct

Sep 26, 2024 | informistmedia.com | Avishek Rakshit

Informist, Friday, Sep 27, 2024 --Balmer Lawrie CMD: Arm, PFC may ink debt refinancing deal in 15 days --Balmer Lawrie CMD: Debt refinancing to improve arm's cash flow --Balmer Lawrie CMD: Debt refinancing to reduce arm's dependence on us --Balmer Lawrie CMD: Loaned 101.8 mln rupees to arm to pay SBI By Avishek Rakshit KOLKATA – Balmer Lawrie & Co Ltd's sole subsidiary, Visakhapatnam Port Logistics Park Ltd, is likely to ink an agreement with Power Finance Corp Ltd in the next 15 days to...
Coal India unions may seek 95,000-rupee/worker festival bonus

Sep 22, 2024 | informistmedia.com | Avishek Rakshit

Informist, Monday, Sep 23, 2024 --Sources:Coal India unions may seek 95,000-rupee/worker festive bonus --Sources:Coal India officials-trade unions meet Sun on bonus issue --Sources: Coal India to pay festival bonus to workers by Oct 9 By Avishek Rakshit KOLKATA – Trade unions at Coal India Ltd are likely to press for a festival bonus of a minimum of 95,000 rupees per worker this week, several sources told Informist. The Maharatna company is likely to pay the bonus by Oct 9.
Coal India unions may seek 95,000-rupee/worker festival bonus

Sep 22, 2024 | cogencis.com | Avishek Rakshit

Exclusives Informist, Monday, Sep 23, 2024--Sources:Coal India unions may seek 95,000-rupee/worker festive bonus--Sources:Coal India officials-trade unions meet Sun on bonus issue--Sources: Coal India to pay festival bonus to workers by Oct 9By Avishek RakshitKOLKATA – Trade unions at Coal India Ltd are likely to press for a festival bonus of a minimum of 95,000 rupees per worker this week, several sources told Informist. The Maharatna company is likely to pay the bonus by Oct 9.
Pithead stocks to rise as Coal India to up output despite low demand

Sep 9, 2024 | cogencis.com | Avishek Rakshit

Exclusives Informist, Tuesday, Sep 10, 2024 --Source: Coal India's stocks currently at 67 mln tn, up 52% on year --Source: Coal India's daily output currently at 1.7 mln tn --Source: Coal India to up daily output to 1.9 mln tn in Sep --Source: Coal India to raise production despite muted demand --Source: Coal India's sales may improve in Sep-Mar compared to Apr-Aug --Source: See stocks of 65-75 mln tn as new normal for Coal India By Avishek Rakshit KOLKATA – Pithead stocks at Coal India Ltd's...
Pithead stocks to rise as Coal India to up output despite low demand

Sep 9, 2024 | informistmedia.com | Avishek Rakshit

Back Coal Inventory Pithead stocks to rise as Coal India to up output despite low demand Informist, Tuesday, Sep 10, 2024 --Source: Coal India's stocks currently at 67 mln tn, up 52% on year --Source: Coal India's daily output currently at 1.7 mln tn --Source: Coal India to up daily output to 1.9 mln tn in Sep --Source: Coal India to raise production despite muted demand --Source: Coal India's sales may improve in Sep-Mar compared to Apr-Aug --Source: See stocks of 65-75 mln tn as new normal...
HUL, Tata Consumer may hike tea prices due to cost pressures -sources

Sep 3, 2024 | cogencis.com | Avishek Rakshit

Exclusives Informist, Wednesday, Sep 4, 2024 --Sources: HUL, Tata Consumer may hike tea prices on cost pressures --Sources: Regional tea retailing cos have already raised prices --Sources: HUL bought 18% less tea YoY via auctions during Apr-Aug --HUL official: Seeing inflation in tea procurement costs --HUL official: Continue to monitor pricing across product portfolio --HUL official: Will maintain competitive pricing across products --HUL official: Will continue to invest on branding in tea...
HUL, Tata Consumer may hike tea prices due to cost pressures, say sources

Sep 3, 2024 | informistmedia.com | Avishek Rakshit

Back EXCLUSIVE HUL, Tata Consumer may hike tea prices due to cost pressures, say sources Informist, Wednesday, Sep 4, 2024 --Sources: HUL, Tata Consumer may hike tea prices on cost pressures --Sources: Regional tea retailing cos have already raised prices --Sources: HUL bought 18% less tea YoY via auctions during Apr-Aug --HUL official: Seeing inflation in tea procurement costs --HUL official: Continue to monitor pricing across product portfolio --HUL official: Will maintain competitive...
Eveready to build India's first alkaline battery unit for 1.8 bln rupees

Aug 29, 2024 | informistmedia.com | Avishek Rakshit

Back Battery Unit Eveready to build India's first alkaline battery unit for 1.8 bln rupees Informist, Friday, Aug 30, 2024 --Eveready MD: Will build India's first plant for alkaline batteries --Eveready MD: Plan to invest 1.8 bln rupees on alkaline battery plant --Eveready MD: Alkaline battery plant to start ops in August 2025 --Eveready MD: To finalise location of alkaline battery unit in 2-3 wks --Eveready MD: Alkaline battery plant to produce 350 mln pieces a year --Eveready MD: Aim 30-40%...