Posted in improvements

CPCL targets improvements to margins

Measures to boost realisation include a naphtha splitter, low sulphur fuel oil foray

State-owned refiner Chennai Petroleum Corporation Ltd. (CPCL) , which posted a loss of ₹2,078 crore in FY20, has planned several initiatives for the current fiscal to improve its operational performance, said a top official.

CPCL posted a pre-tax profit of ₹430 crore in the first quarter following improvement in crude prices though product margins continued to remain below the economic level and demand was only 70-75% of the normal. “We expect the demand to significantly improve by Q3 of FY21,” Chairman S.M. Vaidya told shareholders at the annual general meeting.

“CPCL has initiated many measures to improve profitability and reduce operating costs and with good physical performance combined with these new measures, we are confident of better financial performance in the current fiscal,” he said.

As part of measures to improve margin realisation, a naphtha splitter was

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Posted in lowe's home improvement

Lowe’s targets professionals, and its main competitor Home Depot, with new services

Lowe’s Cos. second-quarter results got a bump from professional tradespeople, a group that usually favors the home improvement retailer’s main competitor, Home Depot Inc.
HD,
-1.56%

 

Lowe’s
LOW,
-0.75%

  reported profit and sales that were well ahead of expectations, and U.S. same-store sales growth of 35.1%, triple the 11.9% rise FactSet forecast.

Comparable sales in the professional category were up in the mid-20% range.

Lowe’s is taking aim at professionals with new initiatives and efforts designed for these shoppers, including a partnership with Stream for a free augmented reality video chat service called JobSight. Launched on June 1, it allows professionals to meet with clients virtually, a feature that’s particularly suited to the coronavirus pandemic.

Read:Transactions of $1,000 or more grew 16% at Home Depot during the second quarter

For professional loyalty customers, there’s a free one-year subscription to Home Advisor that comes will job leads and access to

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Posted in home improvement cast

Google Assistant devices and cast targets can now be added to and removed from multi-room audio on the fly

For those of you who use your Assistant-equipped Smart Displays and speakers to broadcast music around different rooms of the house at the same time, Google has made a small improvement. Devices and cast targets can now be added and removed on the fly without creating new groups, which should make things a little more convenient for some.

Google has made small improvements to multi-room audio as time has gone by, including individual speaker volume control and the ability to change a cast target or cast to an already created group. This latest update, however, allows you to “dynamically group multiple cast-enabled Nest devices (speakers, Smart Displays, Chromecasts) in real-time to fill multiple rooms with music.” What this means is that you no longer need to pre-create groups to determine which devices/rooms the audio will be sent to; instead, you can simply choose which devices you want to have audio

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