Page 1251 - Business Finance
ASML warns of weak first quarter as chipmakers delay orders
VELDHOVEN, Netherlands (Reuters) - ASML Holding NV, a major supplier to the world's largest computer chipmakers, said on Wednesday that first-quarter sales would be weak as some of its customers had delayed orders into the second half of 2019.
Market breadth turns negative
Stocks once again drifted lower in afternoon trade amid mild volatility. At 13:26 IST, the barometer index, the S&P BSE Sensex, was down 17.78 points or 0.05% at 36,426.86. The Nifty 50 index was down 2.25 points or 0.02% at 10,920.50
South Indian Bank Ltd drops for fifth straight session
South Indian Bank Ltd is quoting at Rs 14.05, down 0.35% on the day as on 13:19 IST on the NSE. The stock tumbled 55.96% in last one year as compared to a 1.44% slide in NIFTY and a 2.44% spurt in the Nifty Private Bank index.
Syndicate Bank eases for fifth straight session
Syndicate Bank is quoting at Rs 36.25, down 1.76% on the day as on 13:19 IST on the NSE. The stock tumbled 55.95% in last one year as compared to a 1.44% slide in NIFTY and a 24.31% fall in the Nifty PSU Bank index.
Union Bank of India slips
Union Bank of India is quoting at Rs 83.4, down 0.66% on the day as on 13:19 IST on the NSE. The stock tumbled 43.99% in last one year as compared to a 1.44% slide in NIFTY and a 24.31% fall in the Nifty PSU Bank index.
Bank of India slips for fifth straight session
Bank of India is quoting at Rs 97.5, down 0.36% on the day as on 13:19 IST on the NSE. The stock tumbled 43.46% in last one year as compared to a 1.44% slide in NIFTY and a 24.31% fall in the Nifty PSU Bank index.
Jindal Stainless (Hisar) Ltd stays weak
Jindal Stainless (Hisar) Ltd is quoting at Rs 83, down 0.42% on the day as on 13:19 IST on the NSE. The stock tumbled 18.39% in last one year as compared to a 1.44% slide in NIFTY and a 29.21% spurt in the Nifty Metal index.
T.V. Today Network Ltd down more than 1%
T.V. Today Network Ltd is quoting at Rs 360.6, down 1.12% on the day as on 13:19 IST on the NSE. The stock tumbled 18.39% in last one year as compared to a 1.44% slide in NIFTY and a 32.4% spurt in the Nifty Media index.
Tata Motors Ltd down for fifth straight session
Tata Motors Ltd is quoting at Rs 180.25, down 0.33% on the day as on 13:19 IST on the NSE. The stock tumbled 55.34% in last one year as compared to a 1.44% slide in NIFTY and a 25.81% fall in the Nifty Auto index.
State Bank of India extends losing spree
State Bank of India is quoting at Rs 289.1, down 0.4% on the day as on 13:19 IST on the NSE. The stock tumbled 12.37% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.
IndusInd Bank Ltd eases for fifth straight session
IndusInd Bank Ltd is quoting at Rs 1497.6, down 0.27% on the day as on 13:19 IST on the NSE. The stock tumbled 12.79% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.
Burberry's same store sales up 1 pct in Christmas quarter
LONDON (Reuters) - British luxury brand Burberry reported a 1 percent rise in third-quarter same store sales, just shy of market forecasts of 2 percent growth, before next month's launch of the debut collection by its new designer Riccardo Tisci.
China's trade with North Korea falls 51 percent in 2018
BEIJING (Reuters) - China's trade with North Korea fell 51.2 percent to $2.43 billion in 2018, customs data showed on Wednesday.
Burberry's same store sales up 1 percent in Christmas quarter
LONDON (Reuters) - British luxury brand Burberry reported a 1 percent rise in third-quarter same store sales, just shy of market forecasts of 2 percent growth, before next month's launch of the debut collection by its new designer Riccardo Tisci.
U.S. Fed investigating Deutsche's role in Danske money laundering: Bloomberg
FRANKFURT (Reuters) - The U.S. Federal Reserve is investigating Deutsche Bank's role in a money laundering scheme that has embroiled both it and Denmark's Danske Bank, Bloomberg reported on Wednesday.
India Accelerator Invites Applications for Spring 2019 Cohort Programme
/ -- Followed by two successful batches, India Accelerator, the only GAN-partnered accelerator in India, is now inviting applications for its spring cohort programme from across the country Twice each year, India Accelerator invites startups from across India to participate in a 4-month startup acceleration program, offering not only seed funding but also business mentoring, networking support and a coworking space. The accelerator invests INR 20 to 25 lakhs in select startups in return for small equity, with the potential to score follow-on funding after program completion. Providing 'cash, competency, connects' and a hands-on learning experience in both Indian and international markets, the accelerator welcomes good ideas from across sectors and domains, with a slightly preferable inflection toward startups in AI and Machine Learning. Startups wishing to receive acceleration benefits have until 31 January to apply. According to the accelerator's website, applying early may increase
UK says trade partners underestimate no-deal Brexit risk
LONDON (Reuters) - Britain won't have some free-trade deals with other countries in place by March if it leaves the European Union with no deal because current trade partners are underestimating the chance of a no-deal Brexit, Trade Secretary Liam Fox said on Wednesday.
Chinese steel, iron ore slide as economic concerns persist
BEIJING (Reuters) - China's steel and iron ore futures dipped on Wednesday following a broader sell-off across riskier assets, pressured by persistent concerns over weak demand amid a slowing global economy.
Oil inches up on hopes fiscal stimulus will stem economic slowdown
SINGAPORE (Reuters) - Oil prices inched up on Wednesday after China and Japan said they would use fiscal spending to stem an economic slowdown that is weighing on global financial markets.
Sun Pharmaceuticals Industries Ltd stays in demand
Sun Pharmaceuticals Industries Ltd is quoting at Rs 429.15, up 2.43% on the day as on 12:49 IST on the NSE. The stock is down 26.83% in last one year as compared to a 1.42% slide in NIFTY and a 9.01% slide in the Nifty Pharma index.