The Uralungal Labour Contract Cooperative Society Ltd. (ULCCS) was established 100 years ago in Kozhikode, Kerala, by the social reformer Vagbhatananda. Its cooperative structure makes it to the construction sector what Amul is to the dairy industry in India. The cooperative’s engineering and construction subsidiary, U-Sphere, launched in February 2025 as part of the centenary...
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Cairn India Limited results for Q2FY16 ended 30th Sep, 2015
Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.
Economic Recovery
According to a survey of company CEOs by industry body ASSOCHAM, the economy may revive in the next 12 months because of possible decline in inflation, interest rates and improvement in the global environment. The CEOs expect the situation in the western markets to improve since their central banks are trying to revive consumer confidence.


