Page 1607 - Business Finance
Quilt India Foundation Announces Events at India's First Quilt Festival
/ -- Events include Day-long Workshops, Quilt Show Competition, Vendor Pavilions, Curated Exhibits, Textile journeys across India Quilt India Foundation (QIF) announced that the first India Quilt Festival (IQF 2019) will be held in Chennai from 25-27 January, 2019. (Logo: https://mma.prnewswire.com/media/795801/India_Quilt_Festival_Logo.jpg ) The festival includes Quilt Show Competition, Workshops where participants can learn from renowned Indian and International faculty, curated quilted exhibits from different parts of the world and private collections. The Quilt show and Special Exhibits can be viewed at Sri Sankara Hall, TTK Road, Chennai. Visitor entry to the festival is free. Tina Katwal, Director-Shows, says - "We are extremely pleased and excited to hold this festival for the first time in India. The festival has been planned to run on the lines of Quilt shows organized across the world with elements of competition, exhibition, education and a market place. We invite quilters
Gilead Sciences hires Roche executive Daniel O'Day as CEO
(Reuters) - Drugmaker Gilead Sciences Inc named Roche Holding AG executive Daniel O'Day as its new chief executive officer, the companies said on Monday.
Brent crude oil rises after producer supply cut, but outlook still weak
SINGAPORE (Reuters) - Brent crude oil rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January.
Board of Elecon Engineering Company considers private placement of NCDs up to Rs 150 cr
At meeting held on 10 December 2018
Castor seed future prices rise 0.93 pc
Castor seed prices rose by Rs 52 to Rs 5,620 per quintal in futures trade Monday after investors widened their bets amid firm trend. Marketmen said besides rising demand from consuming industries, short position of stocks in the spot markets led to the rise in castor seed futures. At the National Commodity and Derivatives Exchange, castor seed for January was trading higher by Rs 52, or 0.93 per cent, at Rs 5,620 per quintal, clocking an open interest of 1,42,515 lots. Castor seed for February rose by Rs 56, or 0.99 per cent, to Rs 5,686 per quintal, with an open interest of 23,870 lots.
ImpactGuru.com receives investment from Shorooq; plans expansion to UAE
Indian healthcare crowdfunding platform ImpactGuru.com has raised an investment from Shorooq Investments, the Abu-Dhabi based firm.Earlier this year, ImpactGuru.com had announced raising USD 2 million Series co-led by by Apollo Hospitals Group, Asia's largest and most trusted healthcare group and Venture Catalysts, an Indian incubator.Founded in 2014 by Piyush Jain and Khushboo Jain, ImpactGuru.com makes online fund raising easy for the medical expenses that are not covered by insurance. Since launching, ImpactGuru.com has helped over 15,000 patients to crowdfund in last 4 years and mobilized over $20 million across 15 countries.Recently, DJS Racing, a Formula Student team of Dwarkadas J Sanghvi College of Engineering, Mumbai has started a fundraiser on ImpactGuru.com to design and manufacture two Formula racecar prototypes - Combustion and Electric.They launched a campaign for an amount of 4.5 lakhs and the money raised now is close to 4 lakhs and is still ongoing. They have already .
US stocks end week with big losses
Better than expected job report fail to change momentum
Indian markets fall as exit polls show Modi struggling
MUMBAI (Reuters) - Indian markets weakened as exit polls in state elections augured badly for Prime Minister Narendra Modi's ruling party just months before a national vote.
Global cues, political uncertainties suppress Indian equity indices
Negative global markets, along with caution ahead of the results of assembly elections in five states and a rise in crude oil prices, suppressed the key Indian equities indices during Monday morning's trade session.
Volumes spurt at Ashoka Buildcon Ltd counter
Ashoka Buildcon Ltd notched up volume of 48939 shares by 10:48 IST on BSE, a 5.45 fold spurt over two-week average daily volume of 8975 shares
Prosecutors indict Nissan, Ghosn, reports say as focus on CEO role
TOKYO (Reuters) - Tokyo prosecutors indicted Nissan Motor along with its ousted Chairman Carlos Ghosn, domestic media reported on Monday, shifting the focus of the financial misconduct scandal to the Japanese automaker and its CEO's responsibility.
Euro zone recession risk climbs, rate rise conviction wavers: Reuters poll
BENGALURU (Reuters) - The European Central Bank is on course to raise its still-negative deposit rate in the third quarter of 2019 but economists' conviction has faded over the past month as the chances of a recession have risen.
More engaging stories needed to draw attention of children:
Master storyteller Ruskin Bond has said that more engaging stories are needed to draw the undivided attention of children from page one itself. Bond, known for his literary collections like 'The Room on the Roof' and 'Mr Olivers Diary', was discussing his experience of writing for children in the session, "Growing with Ruskin Bond", at the Tata Steel Jharkhand Literary Meet (JLM) which concluded here on Sunday. The renowned author also expressed his happiness at the growth of literary forums such as JLM, as these help to bring together readers and writers alike. Deputy Chairman of the Rajya Sabha, Harivansh Narayan Singh, emphasised on the importance of Gandhian philosophy as the means to create a better world. Singh was speaking in the session on "Bhavishya Ka Ek Vikalp Hain Mahatma Gandhi", at the JLM on Sunday.
Entrepreneur enthused by CM's visit to his project site
Enthused by the visit of Chief Minister Conrad K Sangma at his project site, Meghalaya's first recipient of the "entrepreneur of the month" award, Perastill R Marak, is confident that his food products would soon be available both locally and across the country. Perastill is into manufacturing of products such as chips, juice and cookies made out of locally available fruits like banana, jackfruit and tapioca. He received the "Entrepreneur of the Month" award given by the state government recently. Through the award, the chief minister wants to promote local entrepreneurs with active support and collaboration with the Meghalaya Institute of Entrepreneurship (MIE). "I hope in the coming years, people will be able to get my products at a local store and online anytime, not just in Meghalaya but everywhere in the country," Perastill told PTI after the CM's visit on Friday. Perastill said he was excited to see the chief minister taking time out of his busy schedule to come and
Sensex, Nifty hit fresh intraday low
Key benchmarks hit fresh intraday low in morning trade as selling pressure intensified amid weak global cues. At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 607.54 points or 1.70% at 35,065.71. The Nifty 50 index was down 184.50 points or 1.73% at 10,509.20. The Nifty was trading a tad above 10,500 mark.
Market tumbles on weak global cues
Key benchmark indices were trading lower in early trade due to poor global cues. At 9:20 IST, the barometer index, the S&P BSE Sensex, was down 487.08 points or 1.37% at 35,186.17. The Nifty 50 index was down 158.70 points or 1.48% at 10,535. The Nifty slipped below 10,600 mark.
Gold steadies near five-month peak on easing rate hike view
BENGALURU (Reuters) - Gold prices held steady near a five-month peak hit early on Monday, supported by a disappointing U.S. jobs report that fuelled speculation that the Federal Reserve may stop raising interest rates sooner than expected.
Flexible intellectual property will help China to diffuse trade tensions: IMF
Flexible intellectual property and opening up more to foreign investment will help China diffuse its trade tensions and enhance Beijing's economic stability, a top IMF official has said. China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other's goods. The hefty tariffs stem from the Trump administration's demands that China make sweeping changes to its intellectual property practices, rein in high-technology industrial subsidies, open its markets to more foreign competition and take steps to cut a USD 375 billion US goods trade surplus. "One of the big issues in the trade disputes between China and trading partners is this area of intellectual property. And reforming that regime is a big to-do for the global multilateral order," IMF's Chief Economist Maury Obstfeld told a group of journalists here on Sunday. Noting that China is increasingly a producer of new technologies, he said it is really ...
Brent oil rises after OPEC-led supply cut deal, but outlook remains weak
SINGAPORE (Reuters) - Brent crude oil prices climbed on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed a supply cut of 1.2 million barrels per day (bpd) from January.
All sectoral indices on BSE slide
The S&P BSE Realty, the S&P BSE Power and the S&P BSE Oil & Gas indices were the major losers among the sectoral indices.