Page 1320 - Business Finance
Gujarat Gas Ltd Surges 1.95%
Gujarat Gas Ltd has added 9.28% over last one month compared to 0.35% fall in S&P BSE Energy index and 0.31% rise in the SENSEX
Market drifts higher in early trade
Key benchmark indices drifted higher in early trade on positive Asian stocks. At 9:29 IST, the barometer index, the S&P BSE Sensex, was up 117.63 points or 0.32% at 36,435.96. The Nifty 50 index was up 31.65 points or 0.29% at 10,918.45
Global Markets: Asia shares subdued after May's Brexit vote defeat, pound steadies
TOKYO (Reuters) - Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to withdraw Britain from the European Union.
Mahindra & Mahindra announces acquisition of Harkey Acquisition, USA
On 15 January 2019
Markets open on high note
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.
Walgreens joins Microsoft to transform health care delivery
Microsoft has signed a seven-year deal with Walgreens where it will provide its Azure Cloud services to help the second-biggest pharmacy chain in the US develop new health care delivery models, technology and retail innovations.
Zee Entertainment jumps after strong Q3 results
Zee Entertainment Enterprises rose 3.25% to Rs 471.55 at 9:19 IST on BSE after consolidated net profit rose 50.56% to Rs 562.76 crore on 17.88% increase in net sales to Rs 2,166.77 crore in Q3 December 2018 over Q3 December 2018.
KPIT Technologies fixes record date for scheme of arrangement
Record date is 25 January 2019
Asia shares subdued after May's Brexit vote defeat, pound steadies
TOKYO (Reuters) - Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to withdraw Britain from the European Union.
Japan's November machinery orders stall in worrying sign over business spending
TOKYO (Reuters) - Japan's core machinery orders slowed sharply in November in a sign corporate capital expenditure could lose momentum as a bruising U.S.-China trade war spills into the global economy.
Zee Entertainment may advance after strong Q3 results
On a consolidated basis, Zee Entertainment Enterprises' net profit rose 50.56% to Rs 562.76 crore on 17.88% increase in net sales to Rs 2,166.77 crore in Q3 December 2018 over Q3 December 2018. Revenue growth was driven by the strong performance of broadcast business. EBITDA (earnings before interest, tax, depreciation and amortization) for the quarter grew by 26.9% to Rs 754.30 crore and EBITDA margin stood at 34.8%. The result was announced after market hours yesterday, 15 January 2019.
Market may open higher
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell.
Pound holds its ground after May's Brexit battering
The pound edged down Wednesday after the record defeat of British Prime Minister Theresa May's Brexit plan but mostly held its ground as investors consider the next likely developments in the long-running saga. Sterling tanked to a near two-year low soon after the government's proposal on leaving the EU was soundly beaten on Tuesday evening, but it soon bounced back as traders bet the vote reinforced their view that there would not be a "no-deal" exit. And while it was slightly lower in Asia the pound managed to avoid the sort of pummelling many had predicted and analysts say the positive news is that the options for the future are narrowing, which is largely positive. With May expected to win a vote of no confidence called by the opposition Labour Party on Wednesday, talk will move to what happens next. Analysts say May could ask to delay Britain's March 29 exit as she looks for a more palatable agreement from her EU peers, while there is growing speculation of a general election and
Facebook commits $300 mn to support local news
Facebook has announced to invest over $300 million over the next three years to support local news organisations.
Fortis completes acquisition of RHT assets
The transaction was approved by an overwhelming majority of Fortis shareholders with a voting in favour of the transaction in excess of 99 pert cent
Oil prices dip on signs of economic slowdown, but OPEC-led cuts provide support
SYDNEY/SINGAPORE (Reuters) - Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel.
Global Markets: Asia shares subdued, May's Brexit options eyed after crushing vote defeat
TOKYO (Reuters) - Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to pull out Britain from the European Union.
Philip Kotler congratulates PM Modi for Presidential award
Philip Kotler, an American marketing author, consultant, and professor on Tuesday congratulated Prime Minister Narendra Modi after Congress President Rahul Gandhi mocked him for being awarded the Philip Kotler Presidential award.
Fuel prices: Petrol witnesses marginal drop, diesel continues upward march
After witnessing a hike for the past couple of days, the petrol prices witnessed a marginal drop of 8 paise on Wednesday in the national capital while diesel rates continued its upward trend following a hike of 12 paise.Petrol and diesel are today being retailed at Rs 70.33 and Rs 64.59 per litre respectively in Delhi.Meanwhile, in Mumbai, a litre of petrol will cost Rs. 75.97 today after a decline of 8 paise. On the other hand, Diesel witnessed a drop of 13 paise in Mumbai and is being sold at Rs 67.62 per litre.The rise in prices comes amidst the revision of global crude oil prices owing to a possible stifling of supply in the near future.The last week of 2018 saw a dip in fuel prices. However, prices have been on the rise since January 7.
Asia shares subdued, May's Brexit options eyed after crushing vote defeat
TOKYO (Reuters) - Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to pull out Britain from the European Union.