Page 1576 - Business Finance
Pricol jumps after signing LOI with Pointer Telocation
Pricol surged 13.84% to Rs 55.95 at 10:45 IST on BSE after the company signed a letter of intent with Pointer Telocation to form a joint venture for telematics solutions in India and South East Asia.
Volumes spurt at Jyothy Laboratories Ltd counter
Jyothy Laboratories Ltd notched up volume of 38.56 lakh shares by 10:48 IST on BSE, a 856.34 fold spurt over two-week average daily volume of 4503 shares
Nifty, Sensex rise as banks rally, inflation eases sharply
(Reuters) - Indian shares climbed to a more than one-week high on Thursday after inflation eased sharply in November, and the new central bank governor's move to open up a dialogue with lenders pushed up banking counters.
Sonata Software Announces Signing Definitive Agreement to Acquire US-based Microsoft Dynamics 365 Field Services Partner Sopris Systems
-FirstCall/ -- Second strategic investment in a week aimed at achieving leadership in the global Dynamics 365 business Sonata Software, the leading global IT software services and solutions provider announced it has signed definitive agreement to acquire US-headquartered Sopris Systems. (Logo: https://mma.prnewswire.com/media/654282/Sonata_Software_Logo.jpg ) Sopris Systems is a Microsoft Dynamics 365, Enterprise partner specializing in helping project-centric and field services companies improve business performance. Sopris specializes in enterprise resource planning (ERP); customer relationship management (CRM), mobile field service, enterprise asset management (EAM) and professional service automation. Enterprise consulting, dedicated support and Microsoft Dynamics provide robust solutions that help Sopris customers win more profitable business, deliver higher-quality projects and improve company-wide performance. Sonata software last week also announced the acquisition of ...
Nashik: Two farmers dump their onion produce as prices fell
Two distressed farmers in Satana town of Nashik district on Thursday dumped their onions on road to protest against a steep fall in the wholesale price of one of their key crops.The two farmers, Ravindra Birari and Prashant Mahajan, took the extreme step after they were offered a meager amount of Rs 1.5 per kilogram for their onions, while the production cost of the crop was Rs 9 per kg."I have thrown my 17 quintal onion on road to mark my protest after the Agricultural Produce Market Committee offered me the rate of Rs 1.50 per kg for the onion," said Birari."How can we sell it at such a low price? It is affecting our financial situation. We cannot sustain ourselves by selling onions at this rate," said Mahajan, another farmer.Only recently a distressed farmer from Maharashtra had sent Rs 1,064 he earned after selling 750 kg onions to the Prime Minister's Relief Fund (PMRF).It is worth stating that the Union Cabinet chaired by Prime Minister Narendra Modi on December 7 approved the ..
Gold edges lower as dollar steadies, equities tick up
BENGALURU (Reuters) - Gold prices slipped on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at a premium to the bullion.
Capital First raises Rs 1048.20 cr
By way of private placement of NCDs
FieldEZ Named Global FrontRunner for Field Service Management Software
/ -- FieldEZ Technologies today announced that it has been globally recognized as a FrontRunner in the Field Service Software category Q3, 2018, as per the latest study done by Software Advice, a Gartner company. The FrontRunner analysis categorizes the leading products in the field force and field service management software space and is based on multiple parameters primarily derived from user review and feedback. (Photo: https://mma.prnewswire.com/media/797415/FieldEZ_FrontRunner.jpg ) The latest research included 167 companies, of which around 14 companies qualified for the top quadrant, with FieldEZ being among the high-ranking companies. "This is indeed a great honour for the company, and due justification of the usability and intuitiveness of our applications, both on iOS as well as Android. The fact that FieldEZ has been shortlisted among the very top in the Field Service Management space shows the maturity as well as the flexibility that our solution offers, to meet the ...
Global Markets: Asian shares surge as U.S.-China trade thaw seen, sterling wobbles
SHANGHAI (Reuters) - Asian equity markets surged on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy.
The 12th Edition of CPhI & P-MEC India Expo Witnessed a Spectacular Opening in its Debut in Delhi-NCR Today
/ -- A new chapter of the widely appreciated India Pharma Week by UBM India concurrently began at the India Expo Centre, Greater Noida South Asia's largest Pharma event with over 1,600 exhibitors from 42 countries More than 7 eclectic engagements form a part of the India Pharma Week magnum opus The reputed CPhI Global Pharma Index ranks India no. 1 in terms of pharma market growth potential, and within the top 3 countries on the parameter of competitiveness. India has also taken giant strides to increase its global reputation. UBM India, India's leading B2B exhibition organizer, today launched the 12th edition of South Asia's largest Pharma event, the CPhI & P-MEC India expo, a three-day show, from December 12th- 14th, 2018, at the India Expo Centre, Greater Noida, Delhi-NCR. The signature expo has been comprehensively assisted in its endeavors by governing bodies such as Pharmexcil, CIPI and IDMA. This year's edition witnessed participation from more than 1,600 exhibitors ...
Hong Kong Stocks gain on trade-talk progress
Both Chinese officials and the Trump administration have made a concerted effort to convince market participants that negotiations will soon bear fruit. Chinese President Xi Jinping's government has taken steps this week to soothe the U.S., including a plan to cut tariffs on U.S. cars to 15% from 40%. China also intends to resume purchases of American soybeans soon. China said last week it would deepen reforms in the area of science and technology and put more effort into protecting intellectual-property rights.
Rupee rises 42 paise to 71.59 per US dollar in early trade
The rupee Thursday appreciated by 42 paise to 71.59 in early trade after the new RBI governor Shaktikanta Das took charge and stressed on the need of a consultative approach to tackle pressing economic issues. Forex traders said a higher opening of domestic equity markets and weakening of the US dollar against some currencies overseas boosted the local unit. "The new RBI governor's first speech confirms our initial impression that he is likely to be more communicative and consultative in his approach, which is a positive," Japanese financial services major Nomura said in a research note. At the Interbank Foreign Exchange, the rupee opened on a strong note at 71.70 against the US dollar, then appreciated further to 71.59 showing a rise of 42 paise over it's previous closing. On Wednesday the rupee had declined by 16 paise to 72.01 per US dollar. Traders however said that significant foreign fund outflows and rising crude oil prices weighed on the domestic currency and capped the ...
China Market extends gain on U.S.-China trade optimism
The risk appetite buying underpinned after Chinese President Xi Jinping's government has taken steps this week to soothe the U.S., including a plan to cut tariffs on U.S. cars to 15 percent from 40 percent. China also intends to resume purchases of American soybeans soon. China said last week it would deepen reforms in the area of science and technology and put more effort into protecting intellectual-property rights.
Japan Nikkei rises on US-China trade optimism
The risk appetite buying underpinned after Chinese President Xi Jinping's government has taken steps this week to soothe the U.S., including a plan to cut tariffs on U.S. cars to 15 percent from 40 percent. China also intends to resume purchases of American soybeans soon. China said last week it would deepen reforms in the area of science and technology and put more effort into protecting intellectual-property rights.
Australia: Stocks gain on Sino-US trade hopes
The risk appetite buying underpinned as China appeared to be taking more steps to meet US demands to open its markets. While trade tensions have appeared to ease, Trump administration officials on Wednesday signaled that Beijing will have to do more to end the tariff war. Both Commerce Secretary Wilbur Ross and Treasury Undersecretary for International Affairs David Malpass called on China to agree on timelines, deadlines and enforceable actions to balance trade and open their markets to foreign companies.
Shri Shaktikanta Das appointed as Governor of RBI
Shri Shaktikanta Das has vast experience in various areas of governance in the last 38 years. Shri Das has held important positions in the Central and State Governments in the areas of Finance, Taxation, Industries, Infrastructure, etc.
Sensex rises over 200 pts, Nifty reclaims 10,800 mark
The equity benchmark BSE Sensex Thursday rose over 200 points in early trade, a day after Shaktikanta Das took charge as the new RBI chief and promised to take all stakeholders along on key policy issues to maintain growth while keeping inflation under check. Recovery in rupee and positive cues from other Asian markets too influenced investor sentiment here. Rising for the third straight session, the 30-share index was trading higher by 263.70 points, or 0.74 per cent, at 36,042.77. The NSE Nifty reclaimed the 10,800 mark, rising 76.95 points, or 0.72 per cent, to 10,814.55. The Sensex Wednesday zoomed 629.06 points, or 1.79 per cent, to end at 35,779.07, while the broader NSE Nifty rallied 188.45 points, or 1.79 per cent, to 10,737.60. Top gainers in morning trade include Yes Bank, SBI, Tata Motors, Vedanta, BHarti Airtel, Infosys, HUL, Asian Paints, Wipro and ITC, rising up to 3 per cent. Sun Pharma, on the other hand, was the top losers on both indices, falling up to 2 per cent, ...
SORIL Infra Resources plans foray in lending business in rural markets
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SGN Telecoms announces change in directorate
1 Appointment of Ramesh Kumar (DIN:08290247) as an Additional Director (Independent)
Sonata Software to acquire US based Microsoft Dynamics 365 Field Service partner Sopris Systems
The acquisition will strengthen Sonata's US Dynamics footprint and expand the Dynamics 365 capabilities making Sonata one of the strongest and largest Dynamics 365 partners globally with depth of services and breadth of industries and IP.