MRF profit doubles to ₹512 cr. on higher sales
WME Signs ‘Mississippi Damned’ Helmer Tiny Mabry
EXCLUSIVE: WME has signed writer-director Tiny Mabry, who is best known for helming the 2009 critically acclaimed film Mississippi Damned starring Tessa Thompson.
Mabry is currently attached to co-write and direct Edward Kelsey Moore’s New York Times bestseller The Supremes at Earl’s All-You-Can-Eat at Searchlight. She’s a DGA and NAACP award winner for her American Girl special, Melody 1963: Love Has to Win on Amazon.
In television, Mabry served as a writer, producer, and director on OWN’s hit series Queen Sugar. She’s also directed episodes for shows like Insecure, Grand Army, 9-1-1, Dear White People, and Pose.
Most recently, Mabry teamed joined Gina Prince-Bythewood (Love & Basketball), Julie Dash (Daughters of the Dust), and Kasi Lemmons (Harriet) as a director on the limited ABC series, Women Of The Movement, from creator-writer Marissa Jo Cerar and a producing team that includes Jay-Z, Will Smith, and Aaron Kaplan.
Mabry continues to be repped by M88 and attorney Tara Kole.
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GOP Rep. Floats Upside Down On House Committee Video Call
Another day of the COVID-19 pandemic, another botched video call goes viral.
This time, it was Rep. Tom Emmer (R-Minn.) ― who appeared upside down and somewhat detached from reality after logging on remotely to a House financial services committee meeting on Wednesday.
Emmer, the chair of the National Republican Congressional Committee, began talking as if nothing was wrong.
Rep. Maxine Waters (D-Calif.) interrupted proceedings to ask Emmer if he was OK. “I am,” he responded, admitting he was at a loss when it came to removing the filter.
Someone on the line asked if Emmer’s snafu was a “metaphor.”
Another suggested Emmer stand on his head.
“At least you’re not a cat,” said a third, referring to a Texas attorney’s hilarious technical fail earlier this week.
A fourth person told Emmer he was going viral.
Emmer, who’s previously advocated attacking Democrats as socialists, finally removed the filter.
He later appeared to see the funny side:
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PHOTOS: Denver Airport’s Blucifer sculpture (“Mustang”) turns 13 years old today
“Mustang,” the widely known blue horse sculpture sporting red glowing eyes that greets Denver International Airport visitors turns 13 today. Also know as Blucifer, the sculpture debuted at DIA on February 11, 2008.
WME Signs ‘Mississippi Damned’ Helmer Tina Mabry
EXCLUSIVE: WME has signed writer-director Tina Mabry, who is best known for helming the 2009 critically acclaimed film Mississippi Damned starring Tessa Thompson.
Mabry is currently attached to co-write and direct Edward Kelsey Moore’s New York Times bestseller The Supremes at Earl’s All-You-Can-Eat at Searchlight. She’s a DGA and NAACP award winner for her American Girl special, Melody 1963: Love Has to Win on Amazon.
In television, Mabry served as a writer, producer, and director on OWN’s hit series Queen Sugar. She’s also directed episodes for shows like Insecure, Grand Army, 9-1-1, Dear White People, and Pose.
Most recently, Mabry teamed joined Gina Prince-Bythewood (Love & Basketball), Julie Dash (Daughters of the Dust), and Kasi Lemmons (Harriet) as a director on the limited ABC series, Women Of The Movement, from creator-writer Marissa Jo Cerar and a producing team that includes Jay-Z, Will Smith, and Aaron Kaplan.
Mabry continues to be repped by M88 and attorney Tara Kole.
Read More About:
MountainFlow, eco-friendly ski wax startup, lands deal with “Shark Tank” investors
The company
The deal
Other local Shark Tank alums
Ashok Leyland posts net loss of ₹19.4 crore on VRS costs
Revenue rises 20% to ₹4,814 crore
Ashok Leyland reported a standalone net loss of ₹19.38 crore for the quarter ended December, which includes a one-time expenditure of ₹85 crore towards a voluntary retirement scheme.
The commercial vehicle manufacturer had posted a net profit of ₹27.75 crore a year earlier.
In the most recently ended quarter, revenue from operations rose 20% to ₹4,814 crore. Finance costs almost doubled to about ₹66 crore, according to a stock exchange filing.
“The performance for this quarter, which resulted in a positive Ebida of 5.3%, was made possible owing to the revenue enhancement and operational efficiency initiatives of the company during challenging times,” said Gopal Mahadevan, director and CFO.
“LCV, aftermarket, defence and power solutions businesses have performed well. The focus on resetting the operating cost to revenues and material cost optimisation will continue,” he added.
MRF profit doubles to ₹512 cr. on higher sales
Nod for interim dividend of ₹3 / share
MRF Ltd. on Thursday said standalone net profit for the third quarter ended December has more than doubled to ₹512 crore on increased sales volume, compared with the year-earlier period.
During the quarter under review, revenue from operations increased by 14% to ₹4,567 crore, while financial costs declined to ₹64 crore from ₹70 crore, the company said in a filing.
The leading tyre manufacturer also said that its redeemable non-convertible debentures of ₹180 crore are secured by way of legal mortgage of its land in Gujarat and hypothecation by way of first charge on plant and machinery at the Trichy unit, equivalent to the outstanding amount.
The board also approved a second interim dividend of ₹3 per share for the year ending March 31. The company has fixed February 19 as the record date for the dividend, it said in a regulatory filing.
The board also approved raising of up to ₹1,000 crore by way of issuance of non-convertible debentures on private placement basis in one or more tranches.
(With PTI inputs)
