Page 1199 - Business Finance
Astec Lifesciences consolidated net profit rises 39.11% in the December 2018 quarter
Sales rise 60.76% to Rs 119.43 crore
Central Depository Services (India) consolidated net profit rises 10.76% in the December 2018 quarter
Sales decline 10.07% to Rs 46.17 crore
City Union Bank standalone net profit rises 15.07% in the December 2018 quarter
Total Operating Income rise 11.70% to Rs 966.62 crore
Kernex Microsystems (India) reports standalone net loss of Rs 7.04 crore in the December 2018 quarter
Sales decline 74.62% to Rs 0.83 crore
Bhansali Engineering Polymers standalone net profit declines 65.69% in the December 2018 quarter
Sales rise 25.38% to Rs 323.40 crore
RBL Bank standalone net profit rises 36.21% in the December 2018 quarter
Total Operating Income rise 42.42% to Rs 1638.93 crore
Canara Bank standalone net profit rises 152.50% in the December 2018 quarter
Total Operating Income rise 13.12% to Rs 12188.56 crore
Sensex cracks over 368 points; banking, auto stocks drag
The benchmark BSE Sensex Monday plunged over 368 points to close at 35,656.70 due to across-the-board selling on the bourse as market sentiment turned volatile days ahead of the Union Budget, which is widely believed to have some populist announcements. A heavy selling pressure emerged in banking, auto and consumer durable stocks. Also, the NSE Nifty tumbled 119 points to end at 10,661.55 amid weak global cues. The Sensex touched an intra-day high of 36,124.26 and low of 35,565.15. It finished 368.84 points, or 1.02 per cent, down at 35,656.70. While, the broader NSE Nifty touched a high of 10,804.45 during the day and fell to a low of 10,630.95. It finally ended 119, or 1.10 per cent, down at 10,661.55. Among the Sensex pack, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent. Elsewhere in Asia, Hong Kong's Hang Seng climbed 0.02 per cent, Korea Kospi fell 0.02 per cent, Japan's Nikkei .
Sensex, Nifty end 1 percent lower, financials top drag
(Reuters) - Indian shares ended more than 1 percent lower on Monday, dented by financials such as ICICI Bank and Yes Bank Ltd, with exposure to Infrastructure Leasing & Financial Services (IL&FS) group companies still hurting.
Tata Steel subsidiary signs pacts with China's HBIS Group
Tata Steel on Monday said its step-down subsidiary, T.S. Global Holdings Pte Ltd (TSGH), has signed definitive agreements with China's HBIS Group to divest a majority stake in its South East Asia (SEA) business.
Euro zone lending growth defies gloom, M3 jumps in Dec: ECB
FRANKFURT (Reuters) - Euro zone lending growth held steady last month while a broader indicator of money circulating in the economy surged, data showed on Monday, defying multiplying signs of gloom in the 19-member currency bloc.
Mahindra partners with Greaves Cotton
To source BS VI ready Powertrain Solutions
Swasti Vinayaka Synthetics standalone net profit rises 39.13% in the December 2018 quarter
Sales rise 22.58% to Rs 4.94 crore
Godrej Properties reports consolidated net profit of Rs 41.63 crore in the December 2018 quarter
Sales rise 27.16% to Rs 340.06 crore
Escorts standalone net profit rises 52.33% in the December 2018 quarter
Sales rise 37.35% to Rs 1655.06 crore
Century Textiles & Industries standalone net profit rises 49.29% in the December 2018 quarter
Sales decline 6.36% to Rs 940.87 crore
TTK Prestige standalone net profit rises 30.16% in the December 2018 quarter
Sales rise 20.54% to Rs 552.03 crore
Mahindra Lifespace Developers consolidated net profit declines 20.75% in the December 2018 quarter
Sales decline 26.10% to Rs 124.41 crore
Piramal Enterprises consolidated net profit rises 23.03% in the December 2018 quarter
Sales rise 22.07% to Rs 3489.08 crore
Wedding buzz keeps gold firm at Rs 33,650/10 gram
Gold prices surged by Rs 350 to Rs 33,650 per 10 gram on Monday as buying by local jewellers gathered steam to meet wedding season demand, according to All India Sarafa Association. Silver too shone by gaining Rs 850 to Rs 40,900 per kg on increased offtake by industrial units and coin makers. As per bullion traders, gold firmed up on increased buying by jewellers to meet the ongoing wedding season demand. Besides, gold prices crossing USD 1,300 an ounce overseas influenced the sentiment in the domestic market, they said. Bullion market was closed on Saturday on account of Republic Day. Globally, gold rose to USD 1,301.82 an ounce and silver traded higher at USD 15.77 an ounce in New York. In the national capital, gold of 99.9 per cent and 99.5 per cent purities climbed Rs 350 each to Rs 33,650 and Rs 33,500 per 10 gram, respectively. Sovereign gold advanced by Rs 200 to Rs 25,700 per piece of eight gram. Silver ready rose by Rs 850 to Rs 40,900 per kg and weekly-based delivery by Rs .