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Music label Saregama India Ltd on Tuesday reported a 6.2 per cent fall in its net profit to Rs 44.95 crore for the second quarter of the 2024-25 financial year despite a 40.5 per cent increase in revenue. Saregama India, which is a part of the RP Sanjiv Goenka Group, posted a net profit of Rs 47.99 crore in the corresponding quarter of the last fiscal, a statement said. The company reported a revenue of Rs 241.83 crore during the quarter that ended on September 30 as against Rs 172.35 crore in the same period of the previous fiscal. During the quarter under review, operational costs more than doubled to Rs 87.12 crore from Rs 40.60 crore, the statement said. Total expenses were at Rs 195 crore during the quarter as against Rs 119.95 crore in the year-ago period. "FY'25 has begun on a strong note, with our new music releases topping charts across different platforms. Diversification also gained momentum with successful live events and the launch of our third Saregama talent," the .
Star pacer Mohammed Shami has termed Sanjiv Goenka's "public reprimand" of his India teammate KL Rahul as "shameful" and said the Lucknow Super Giants team owner's reaction to a loss in front of TV cameras "does not have any place in sports". Goenka's animated chat purportedly reprimanding Rahul after Lucknow Super Giants' record demolition at the hands of Sunrisers Hyderabad in Hyderabad has gone viral on social media and Shami was the first Indian cricketer to criticise the act. "Crores of people are watching you and learning from you. If these things happen in front of cameras, and you see such reactions on screen, it's shameful," a blunt Shami said on 'Cricbuzz Live'. "Aapka ek dayra hona chahiye baat karne ka, yeh message bahut galat jaata hai. (You should have boundaries, there's a way to talk. This sends a very wrong message)." SRH openers Travis Head and Abhishek Sharma smashed fiery fifties as the home side chased down the target of 166 in just 9.4 overs, which also became
The rapidly rising cost of fuel, owing to the Russia-Ukraine crisis and demand-supply factors, is a short-to medium-term constraint, CESC Chairman Sanjiv Goenka has said. Goenka said in such a scenario, it is vital that power producers and distributors are able to expeditiously pass on purely the element of higher fuel cost through tariffs. Unfortunately, while this forms a part of each power supply contract, we still see reluctance of state governments and regulators to give their assent in a timely manner. This, in turn, negatively affects the financial results of power producers. I hope we will see considerably less of this reluctance in the years to come, he said in CESC's annual report for 2021-22. The chairman of the Kolkata-based power utility, however, said notwithstanding this limitation, he is optimistic about the future of power generation and distribution in India and better days for CESC. The company also said it failed to obtain higher tariff demand for 2018-19 and .
The RPSG Group (RPSG) and the Virat Kohli Foundation (VKF) have joined hands to organise a charity golf tournament, as part of their sports development initiatives. The two have collaborated as co-promoters on this annual event which will feature corporate executives and celebrity golfers teaming and competing in a daylong event called the RP-SG Invitational Celebrity Golf Tournament.This event is a lead-up to the RPSG Indian Sports Honours, conceptualised to engage Corporates across the country. All proceeds from the event will go toward the Virat Kohli Foundation. The funds raised through the event will be utilised to support deserving junior athletes from different disciplines through the foundation.The broadcaster partner for the event has been finalised in the form of Star Sports. Interestingly, this will be one of the only golf events to be aired on the Star India network, since Sony Ten Golf has most of the properties on market. Conceptualised by Cornerstone Sport, a division ..