Page 1232 - Business Finance
Century Enka standalone net profit declines 28.96% in the December 2018 quarter
Sales rise 30.13% to Rs 471.86 crore
NIIT consolidated net profit declines 1.57% in the December 2018 quarter
Sales rise 8.75% to Rs 227.77 crore
Yes Bank standalone net profit declines 6.97% in the December 2018 quarter
Total Operating Income rise 56.97% to Rs 7958.94 crore
Span Divergent reports standalone net loss of Rs 0.32 crore in the December 2018 quarter
Reported sales nil
Punjab Chemicals & Crop Protection standalone net profit rises 260.00% in the December 2018 quarter
Sales rise 43.85% to Rs 178.70 crore
Sharda Cropchem consolidated net profit rises 104.84% in the December 2018 quarter
Sales rise 44.86% to Rs 471.45 crore
Stocks end with modest gains
Local stocks ended with modest gains after trading in a narrow range for most part of trading session. Gains in late trade were backed by rally in Yes Bank and firmness in Reliance Industries and TCS.
Quick Wrap: Nifty Realty Index records a surge of 2.17%
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Environment safety should be uppermost thought for plastics industry: Naidu
Vice President M.Venkaiah Naidu on Thursday said more than economics, environment safety should be the main thought for those dealing with plastics.
Sensex ends 86 points up, Nifty settles at 10,849
Amid mixed global cues and strengthening rupee, the Sensex advanced 86 points on Thursday while the broader Nifty settled at 10,849.
Nifty January 2019 futures at premium
Turnover in F&O segment jumps
Hong Kong Market ups 0.42%
Mixed trade war news overnight had little impact on the market. U.S. President Donald Trump said on Wednesday that China "very much wants to make a deal" and the U.S. "is doing very well" in the talks. Also on Wednesday, a top Chinese regulator said market pressure could force the U.S. into a deal because Trump measures his success "by the rise and fall of the Dow Jones average". But White House advisers stressed that Washington will not budge on the key question of intellectual property rights. Chinese Vice Premier Liu He is set to visit Washington at the end of January for fresh talks.
China Market rises 0.41%
China's economy can maintain sustainable rates of growth despite global uncertainties, Vice President Wang Qishan said on Wednesday, days after the world's second-largest economy posted its weakest expansion in nearly three decades.
STMicro shares jump on prospects for second half of 2019
PARIS (Reuters) - Shares in chipmaker STMicroelectronics jumped on Thursday after the Franco-Italian company gave an upbeat forecast for the second half of the year, easing market fears about a downturn in the semiconductor industry.
Investors dump Tod's shares after luxury group retail sales dip
MILAN (Reuters) - A fifth straight year of declining retail sales at Tod's sent shares in the Italian luxury goods group down 6 percent on Thursday.
Farm loan waivers of Rs 10, Rs 20 a cruel joke: Shivraj Chouhan
BJP leader and former chief minister of Madhya Pradesh Shivraj Singh Chouhan on Thursday termed as a "cruel joke", the reports of farmers being handed paltry sums as low as Rs 10 as farm loan waivers.Chouhan also pointed out that the list of beneficiaries put out by the government in English must be a source of confusion for the farmers."The reports about people being given Rs 10, Rs 20 and Rs 50 in the name of farm loan waivers is a cruel joke. I checked a list of beneficiaries yesterday and came to know that half of the list was in English. How will the farmers be able to understand it?" Shivraj said.The former chief minister was responding to a farmer who earlier in the day alleged to have received only a Rs 13 waiver from his loan amount of Rs 20,000. "My loan of Rs 20,000 must be waived off as the state government is waiving off loans up to Rs two lakh. Officials have told me that they can do nothing," Nipania Baijnath , a farmer from Agar Malwa district said.Madhya Pradesh ...
Anita Dongre to inaugurate Phase II of Community Tailoring on Jan 26
Ace designer Anita Dongre, who was a part of the World Economic Forum in Davos, says as part of the next step towards the women empowerment initiative under her Foundation, she will inaugurate Phase II of the Community Tailoring (Training and Production) Centre at Dhanevari village in Palghar district of Maharashtra on Republic Day.
IndiGo owner InterGlobe appoints Ronojoy Dutta as CEO
(Reuters) - InterGlobe Aviation Ltd, owner of India's biggest airline by market share IndiGo, on Thursday appointed Ronojoy Dutta as chief executive officer for five years.
Spencers Retail, CESC Ventures to get listed on Friday
Spencers Retail and CESC Ventures, carved out of R P Sanjiv Goenka Group's flagship CESC Ltd, are getting listed on Friday in both the bourses NSE and BSE, a senior company official said. These two companies are non-power businesses in the power generation and distribution major CESC. "Spencers Retail and CESC Ventures will get listed on January 25 on BSE an NSE," the official said. The West Bengal Electricity Regulatory Commission (WBERC) had sought response from CESC about the demerger and the company recently clarifed that its proposed demerged entities have not received any "benefit" from the parent company. However, the WBERC had not taken any further cognizance in this regard. The three-member WBERC board is now headless without any chairman, and another member who had joined recently will move out soon to take assignment as a high court judge. CESC had taken NCLT approval under the Companies Act for the demerger of all businesses except power. Two fully paid up ...
Japan Stocks mixed on trade, growth worries
Shares of chip equipment makers rallied after better than expected Texas Instruments Inc profit estimates, easing investor fears sparked by warnings of a slowing smartphone market from Apple Inc. Advantest Corp surged 6.2% while Tokyo Electron jumped 4.5% and Screen Holdings gained 5.9%.