Tata Motors Rating: Hold; Subdued performance across the business

The outlook for India business is also hazy both on margin and volumes. Tata Motors (TML) reported a 35% underperformance in Q1FY20 consolidated Ebitda (down 41% y-o-y) due to lumpy cost at JLR and fall-off in India volumes. On JLR, management reiterated the 3–4% Ebit margin guidance for FY20 (despite a weak Q1) as: (i) the worst is behind in China; and (ii) marketing (VME) and warranty cost would reduce going ahead. The India business suffered from a sharper-than-expected downshift in demand, which management expects to improve ahead. However, demand outlook…

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Pakistan, Saudi Arabia hold business conference to boost economic ties

Pakistan and Saudi Arabia on Monday held a joint business conference to strengthen bilateral economic ties, a day after they signed seven agreements worth USD 20 billion to promote trade and investment in the cash-strapped South Asian country. Saudi Crown Prince Mohammad bin Salman, who is also Saudi Arabia’s defence minister, arrived on his maiden trip to Pakistan on Sunday. He will arrive in India on February 19 on his first official visit. Counterterrorism and energy security are expected to top the agenda for discussions during the two-day trip. Pakistan…

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Nanorobots developed at IISC Bangalore hold promise for cancer treatment

Researchers at Indian Institute of Science Bangalore have developed a method of using nanorobots to deliver payloads to specific parts of a living cell–a breakthrough that could transform cancer treatment. “We can now very precisely move it from point A and B, that too inside a living cell,” Malay Pal, a co-author of the paper published in the journal Advanced Materials, said. The breakthrough for the Bangalore team is the use of rotating magnetic fields to guide the probes instead of using more conventional tools such as ultrasound or chemicals. The…

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smooth hacks to hold sweat stains away

  Sweat stains can be ugly and embarrassing, so try the use of sweat pads or an antiperspirant to save you it, suggests an expert. Gunjan Gaur, b6fd8d88d79ed1018df623d0b49e84e7 expert and executive director of ALPS beauty Clinics, shares a few hacks to prevent sweat patches on your clothes: protect with sweat pads you can steer clean of embarrassing sweat stains via affixing a sweat pad to the location of the blouse under your arm on each aspect. The pad will absorb the sweat and maintain your pores and skin dry. switch…

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eat Seafood once per week to hold Your reminiscence Sharp

along with seafood or different meals containing omega-three fatty acids at least once per week on your weight loss program might also defend towards age-related reminiscence loss and questioning troubles, says a study. The age-related memory loss and wondering issues of take a look at-members who suggested ingesting seafood much less than as soon as per week declined greater unexpectedly as compared to folks who ate at the least one seafood meal per week.”This examine facilitates show that whilst cognitive capabilities certainly decline as a part of the normal aging…

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