Page 1032 - Business Finance
Axel Polymers standalone net profit rises 375.00% in the December 2018 quarter
Sales decline 23.63% to Rs 5.85 crore
Keynote Corporate Services standalone net profit rises 238.46% in the December 2018 quarter
Sales rise 8.42% to Rs 1.03 crore
BCL Industries standalone net profit rises 137.45% in the December 2018 quarter
Sales rise 4.39% to Rs 242.98 crore
Salzer Electronics standalone net profit rises 2.08% in the December 2018 quarter
Sales rise 29.67% to Rs 143.54 crore
S E Power reports consolidated net loss of Rs 1.05 crore in the December 2018 quarter
Sales decline 5.48% to Rs 4.31 crore
Marksans Pharma consolidated net profit rises 45.56% in the December 2018 quarter
Sales rise 13.71% to Rs 248.37 crore
V I P Industries consolidated net profit declines 11.38% in the December 2018 quarter
Sales rise 27.25% to Rs 430.09 crore
Quick Wrap: Nifty Auto Index registers a drop of 3.62%, NIFTY Crashes 1.14%
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Airtel plans to merge operations with Telkom in Kenya
As per the agreement, both the partners will combine their operations in Kenya and establish an entity with enhanced scale, operational efficiency and strategic brand presence. The entity will invest in networks to further accelerate roll out of future technologies. The Enterprise and Carrier Services businesses should benefit from a larger fibre footprint and an increased number of enterprise customers - including both large corporations and SMEs who would have access to a diverse portfolio of world-class solutions.
IIFL Holdings update on subsidiary - India Infoline Finance
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Investors pump record amounts of cash in emerging markets: BAML
LONDON (Reuters) - Investors pumped record high volumes of cash into emerging markets shares and bonds in the past week, Bank of America Merrill Lynch (BAML) said on Friday amid expectations U.S. monetary policy could lead to a weaker U.S. dollar.
Sale of shares by L&T Finance, Edelweiss group companies illegal: Reliance Group
The Reliance Group on Friday termed as "illegal and excessive" the open market sale of shares of Reliance Group invoking the pledge from 4.2.2019 to 7.2.2019 by L&T Finance and some entities of Edelweiss group.
Orient Cement Q3 net loss narrows to Rs 13.70 cr
CK Birla Group firm Orient Cement Friday reported a lower net loss of Rs 13.70 crore in the third quarter ended December 2018 compared to Rs 17.67 crore net loss in the year-ago quarter. The company's total income rose 11.92 per cent to Rs 574.76 crore during the quarter under review. Total income stood at Rs 513.51 crore in the quarter ended December 2017, it said in a BSE filing. "We continued to see healthy growth in volume this quarter, particularly in our main operating regions of Maharashtra and Telangana, driven by demand from the infrastructure segment," Orient Cement MD and CEO Deepak Khetrapal said. However, the prices remained depressed and edged slightly lower compared to the previous quarter in some core markets like Telangana, thereby impacting the operating profit, he said. Orient Cement's total expenses rose 10.53 per cent to Rs 595 crore in the quarter ended December 2018. Total expenses stood at Rs 538.27 crore in the year-ago period. The company reported a 10 per ...
Tata Motors shares dive nearly 18%; m-cap drops by Rs 9,123 cr on biggest quarterly loss
Shares of Tata Motors Friday plummeted nearly 18 per cent, wiping out Rs 9,123.41 crore from its market valuation, after the company reported its biggest ever quarterly loss of Rs 26,960.8 crore for the third quarter ended December 31. The auto major's stock plunged 17.28 per cent to settle at Rs 151.30 on the BSE. During the day, it slumped 22.41 per cent to Rs 141.90 -- its multi-year low. At the NSE, shares nose-dived 17.88 per cent to close at Rs 150.15. Intra-day, it cracked 29.45 per cent to Rs 129. Following the sharp fall in shares, the company's market valuation fell sharply by Rs 9,123.41 crore to Rs 43,685.59 crore on the BSE. The stock was the biggest drag on both the indices during the day. The auto major Thursday reported its biggest ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar Land Rover. This is the third consecutive quarterly loss reported by the company, ...
Kalyani Investment Company standalone net profit rises 23.36% in the December 2018 quarter
Sales rise 23.85% to Rs 16.20 crore
Emmbi Industries standalone net profit rises 15.13% in the December 2018 quarter
Sales rise 12.45% to Rs 74.86 crore
Yamuna Syndicate standalone net profit rises 166.67% in the December 2018 quarter
Sales rise 29.06% to Rs 13.99 crore
Engineers India standalone net profit declines 16.26% in the December 2018 quarter
Sales rise 21.88% to Rs 577.00 crore
Faze Three standalone net profit rises 72.03% in the December 2018 quarter
Sales rise 14.06% to Rs 68.95 crore
Mathew Easow Research Securities standalone net profit declines 3.85% in the December 2018 quarter
Sales decline 8.49% to Rs 0.97 crore