Page 1128 - Business Finance
Padam Cotton Yarns reports standalone net loss of Rs 0.01 crore in the December 2018 quarter
Reported sales nil
GTL reports standalone net loss of Rs 30.79 crore in the December 2018 quarter
Sales decline 76.54% to Rs 56.12 crore
Monsanto India standalone net profit declines 38.51% in the December 2018 quarter
Sales decline 16.94% to Rs 152.61 crore
Unichem Laboratories standalone net profit declines 99.83% in the December 2018 quarter
Sales rise 52.77% to Rs 244.76 crore
Sundram Fasteners standalone net profit rises 21.30% in the December 2018 quarter
Sales rise 19.35% to Rs 982.07 crore
NOCIL standalone net profit declines 0.71% in the December 2018 quarter
Sales rise 4.80% to Rs 261.24 crore
TajGVK Hotels & Resorts consolidated net profit declines 4.06% in the December 2018 quarter
Sales rise 3.78% to Rs 85.83 crore
Goldcrest Corporation reports consolidated net loss of Rs 0.95 crore in the December 2018 quarter
Sales reported at Rs -0.25 crore
Sequent Scientific reports consolidated net profit of Rs 13.03 crore in the December 2018 quarter
Sales rise 20.28% to Rs 270.53 crore
State Bank of India reports consolidated net profit of Rs 4709.15 crore in the December 2018 quarter
Total Operating Income rise 13.85% to Rs 64910.26 crore
Sony's profit disappoints as weaker games biz overshadows record result
TOKYO (Reuters) - Japan's Sony Corp reported lower-than-expected profit on Friday as its previously thriving gaming business sagged, though a one-off gain related to its acquisition of EMI nevertheless pushed the quarterly result to a record high.
Zinc up 0.51% on firm spot demand, global cues
Zinc prices rose 0.51 per cent to Rs 195.95 per kg in futures trade Friday as traders created fresh positions following pick up in demand in the spot markets amid positive overseas cues. At the Multi Commodity Exchange, zinc for delivery in February traded higher by 80 paise, or 0.51 per cent, to Rs 195.95 per kg in business turnover of 6,410 lots. Market analysts said apart from positive overseas cues, rising demand from consuming industries in spot markets led to rise in zinc futures here.
No hike in passenger fare, freight charges as Rlys gets highest ever allocation of Rs 1.58 lakh cr
There has been no hike in passenger fare and freight charges in the Interim Budget announced by Finance Minister Piyush Goyal Friday, which also saw the highest ever capital expenditure allocation of Rs 1.58 lakh crore for the national transporter. With Lok Sabha elections slated to be held in April-May, hikes in fares were not expected. Last year, then finance minister Arun Jaitley had allocated an amount of Rs 1.48 lakh crore for the Railways in his budget. Goyal, who is also the Railway minister, said so far 2018-2019 has been the safest for the Indian Railways and all unmanned level crossings on the broad gauge network have been completely eliminated. "Capital expenditure programme of the Railways is at all-time high of Rs 1.58 lakh crore in next financial year. Vande Bharat Express, indigenously developed semi-high speed train, will give Indian passengers world class experience. "This major leap in wholly developed technology by our engineers will give an impetus to the Make in ..
Government will make one lakh villages into Digital Villages over next five years: Piyush Goyal
The Common Service Centres are expanding their services and also creating digital infrastructure in the villages, including connectivity, to convert the villages into Digital Villages, said Piyush Goyal. More than 3 lakh Common Service Centres (CSCs) employing about 12 lakh people, are digitally delivering several services to the citizens, he added.
Real estate stocks firm up after budget announcements
Shares of 13 real estate firms rose by 0.35% to 3.79% at 14:56 IST on BSE after the interim finance minister Piyush Goyal gave impetus to the real estate sector in the interim Union Budget 2019-20 today, 1 February 2019.
Dewan Housing Finance Corporation Ltd leads losers in 'A' group
Vedanta Ltd, Sterlite Technologies Ltd, Bank of India and Lakshmi Vilas Bank Ltd are among the other losers in the BSE's 'A' group today, 01 February 2019.
New e-commerce rules jolt Amazon.com in India as products vanish
NEW DELHI/MUMBAI (Reuters) - India's revised e-commerce rules caused widespread disruption on Amazon's India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners.
Highlights: India unveils budget aimed at wooing countryside before election
NEW DELHI (Reuters) - India on Friday unveiled an interim budget with giveaways for rural and poorer citizens, in what is being seen as a critical test for Prime Minister Narendra Modi, who is facing anger over depressed farm incomes and unemployment with a general election just months away.
Drugmaker Dr. Reddy's third-quarter profit rises 65.3 percent, beats estimates
(Reuters) - Indian generic drugmaker Dr. Reddy's Laboratories Ltd posted a 65.3 percent surge in quarterly profit on Friday, driven by strong growth in emerging markets.
Thyssenkrupp's CEO says first quarter in line with outlook, shares rise
BOCHUM, Germany (Reuters) - Thyssenkrupp said on Friday its first-quarter earnings would fall but be in line with its outlook, giving its ailing shares a much-needed jolt ahead of an ambitious plan to spin off its capital goods businesses.