Career with Moneylife

Moneylife is continuously looking for bright young minds that are willing to work hard and make a mark. In Moneylife you will have tremendous freedom to come up with new ideas and initiatives, a serious work environment and an exposure to some of the most committed and upright people in the media world. 

 

Moneylife is a completely merit-driven organisation. Our top team has worked with the largest media organisations and will tell you that we only value drive, initiative, and a sense of accountability; rewards are quick and based only on these criteria.
 
For enthusiastic and highly motivated freshers and those with a few years of experience in print or video journalism, Moneylife is the place to be. After all, in an era of paid news, planted articles and business programmes that are created specifically for a paying client, where can you write facts and unbiased opinion? Where else can you write with only the interest of consumers and investors in mind? If you are ethical and want to make difference... join us. We are excited about discovering new talent and putting them on a fast track. In return, we expect you to be passionate and productive.
 
We also looking for hard-driving marketing professionals to market print, digital and video opportunities with the Moneylife group. Rewards are linked to performance.
 
 

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Economy & Nation Exclusive
Tata Motors Q1 net profit up 12% to Rs2,244.9 crore on JLR performance

While Tata Motors' domestic sales remain lacklustre during the June quarter, Jaguar Land Rover sales grew 34.4% to 83,452 units

 
Mumbai: Riding on good performance from Jaguar Land Rover (JLR), Tata Motors on Thursday reported 12.3% increase in net profits for the first quarter ended June 2012 at Rs2,244.91 crore, reports PTI.
 
The company had posted net profit of Rs1,999.62 crore in the same period a year ago, Tata Motors said in a statement.
 
Its total sales during the first quarter stood at Rs44,176.85 crore as against Rs34,060.59 crore in the same quarter last fiscal, up 29.7%, it added.
 
Revenues of Jaguar Land Rover for the quarter ended June 2012 stood at 3,638 million pounds, a growth of 34.6% over 2,703 million pounds in the corresponding quarter last year, Tata Motors said.
 
Tata Motors' sales (including exports) of commercial and passenger vehicles for the quarter stood at 1.90 lakh units, down 3.6%, as compared to the corresponding period last year.
 
In the domestic market, the company's commercial vehicles sales for the period under review stood at 1.14 lakh units, a growth of 1.3% over the corresponding period last year.
 
Passenger vehicles sales in the domestic market, including Fiat and Jaguar and Land Rover vehicles distributed in India, stood at 62,619 units for the quarter ended June 2012, a decrease of 9.9% over the corresponding period last year, it added.
 
Jaguar Land Rover sales' during the quarter grew 34.4% to 83,452 units. Of this, the Jaguar volumes for the period stood at 11,774 units and Land Rover volumes at 71,678 units, the company said.
 
"Growth in volumes was driven by sales of the new Range Rover Evoque and strong demand from China, which grew 91% year-on-year," it added.
 
Sales from the China region comprised 22.2% of total volumes for the quarter ended June 30, 2012, as against 15.7% for the corresponding period last year, it said.
 
Tata Motors shares closed marginally down at Rs239 per share on BSE, while the benchmark Sensex also ended flat at 17,560.
 

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Supreme Court favours steps for opening of mines in Karnataka

The apex court said it will pass order on the issue on 17th August after going through the action taken report submitted by the CEC

 
New Delhi: The Supreme Court on Thursday favoured initiation of immediate steps for opening of iron and ore mines in Karnataka saying their closure has resulted in the slowdown of the steel industry, reports PTI.
 
"The industry is going low. The production should not be shut," a special forest bench comprising justices Aftab Alam, KS Radhakrishnan and Swatanter Kumar said.
 
The bench was hearing the application filed by Karnataka Iron and Steel Manufacturing Association seeking direction for taking immediate steps for opening of 16 iron and ore mines in which the apex court appointed expert panel, central empowered committee (CEC), had found minimum irregularities.
 
The apex court said it will pass order on the issue on 17th August after going through the action taken report submitted by the CEC in which it has dealt with the issue of Reclamation and Rehabilitation (R&R) plan.
 
However, the bench said, in the meantime the various stakeholders including the representatives of the state-owned National Mineral Development Corp (NMDC), Karnataka government and others will hold a joint meeting on Monday to evolve the mechanism for the production and supply of the iron and ore.
 
During the hearing, the NMDC counsel Arvind Datar said there was no difficulty in production of the minerals but the area of concern was the shortage of rakes for its transportation and absence of long time contract was coming in the way of extracting large-scale iron and ore.
 
He said long term e-auction will help in solving the contract for extraction of the mineral.
 
The court also said it will go through the CEC report on R&R to ascertain that it was brought to the site and was not limited to the paper.
 
The Supreme Court on 13th April had accepted the CEC recommendations suggesting that no new mining leases should be granted in Bellary, Tumkur and Chitradurga districts of Karnataka unless rehabilitation plans for the existing leases were executed.
 
Further the bench had also asked CEC whether work could be made operationalised in the category 'A' mines in which the irregularities were least.
 
Earlier in its report the CEC had distinguished mines in the area in three categories as A, B and C.
 
The mines in which there was least or no irregularities in was categorised as 'A' and those with maximum illegalities as 'C' category.
 
Offering to talk to the government on the issues, Ramdev also demanded a change in the process of appointing Election Commissioners, CAG, CVC and CBI Director.
 

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