Page 1716 - Business Finance
Madhuveer Com 18 Network reports consolidated nil net profit/loss in the September 2018 quarter
Sales reported at Rs 0.01 crore
Shivalik Rasayan standalone net profit declines 7.62% in the September 2018 quarter
Sales rise 9.73% to Rs 11.16 crore
Sea Gold Infrastructure reports standalone net loss of Rs 0.05 crore in the September 2018 quarter
Reported sales nil
Karna govt launches Data Cityto answer challanges of B'lore
: The Karnataka government Tuesday launched 'Data City,' an international openinnovation programme to develop solutions to answer the challenges of Benagaluru city. The Data City will be implemented in collaboration withFrench-based utility company SUEZ, which operates largely inwater treatment and waste management, the Bengaluru Water Supply and Sewerage Board (BWSSB) and NUMA, a French innovation company. The initiative brings together city authorities, corporates and startups to address cities' challenges and develop innovative solutions to build sustainable and efficient cities, using data and technology, NUMA said in a press release. "DataCity is a seven-month programme that aims at bringing together the city of Bengaluru and the corporates to co-create a problem statement, to identify relevant innovative startups from a pool of applications and to experiment the solutions that is crafted using data provided by the city of Bengaluru and the corporates," the ...
Nakoda reports standalone net loss of Rs 22.16 crore in the September 2018 quarter
Reported sales nil
GIC Housing Finance standalone net profit declines 1.01% in the September 2018 quarter
Sales rise 11.81% to Rs 301.09 crore
Mindtree ropes in Coursera for upskilling workforce
To upskill its workforce in relevant and high-end technology skills like Machine Learning, Python and data science, leading IT services firm Mindtree has partnered with US-based online education company Coursera.
Saw a major shift in the approach to made-to-measure: Danish designer
Danish designer Alexander Asvarischtsch, who was on his India visit, said that the country has witnessed a major shift in the approach to make to measure.
Sebi orders release of bank, demat a/c of Sterlite Metal
Markets regulator Sebi has ordered the release of bank and demat accounts of Sterlite Metal Rolling and its former promoter after recovering dues worth Rs 62 lakh. In an order dated November 26, the Securities and Exchange Board of India (Sebi) directed banks, depositories -- NSDL and CDSL -- and mutual funds (MFs) to "release the bank accounts/ lockers, demat accounts and mutual fund folios" of the firm and its erstwhile promoter Hitesh Bhutla. In July 2017, Sebi had issued notices against the entities attaching their bank and demat accounts as well as MF folios to recover Rs 62 lakh. The notices had come after the entities failed to pay the fine imposed on them for not complying with SAST (Substantial Acquisition of Shares and Takeovers) norms. Besides, Sterlite Metal was penalised for failing to make an open offer. Under the Securities Laws Act, Sebi has powers to attach bank as well as demat accounts and other assets for the recovery of the dues.
Lupin gains as Tarapur facility receives EIR
Lupin rose 0.77% to Rs 851.30 at 15:03 IST on BSE after the company announced the receipt of the Establishment Inspection Report by USFDA at its facility in Tarapur, Maharashtra.
Global Markets: Sino-U.S. trade tensions put brakes on stocks rally
LONDON (Reuters) - Stock markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week.
Sensex, Nifty come off day's high
Key equity indices pared gains after hitting fresh intraday high in mid-afternoon trade. At 14:20 IST, the barometer index, the S&P BSE Sensex, was up 63.43 points or 0.18% at 35,417.51. The Nifty 50 index was up 21.95 points or 0.21% at 10,650.55. The Nifty held firmly above the 10,600 mark.
Piramal Enterprises Ltd leads losers in 'A' group
Gateway Distriparks Ltd, Shankara Building Products Ltd, Jyothy Laboratories Ltd and Firstsource Solutions Ltd are among the other losers in the BSE's 'A' group today, 27 November 2018.
JK Paper raises Rs 335 crore
Through private placement of NCDs
US Cyber Monday online sales to reach record $7 bln
American consumers were on track to spend $7.8 billion in online shopping on Cyber Monday, up 18.3 per cent from last year, according to Adobe Analytics, which tracks 80 per cent of online transactions at 100 of the largest retailers in the US.
Goa Carbon shuts operations at Bilaspur unit
Goa Carbon Tuesday said operations at its Bilaspur unit in Chhattisgarh have been temporarily shut down for maintenance work. The operations have been shut down from November 24, 2018, Goa Crabon said in a BSE filing. However, the company did not say anything on the time period of the shutdown. Goa Carbon is in the business of manufacture and marketing of calcined petroleum coke. The company's calcination plant of 75,000 TPA capacity is located in southern Goa, 40 km away from the Mormugao port. The company is a regular supplier to aluminium smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries. Stock of Goa Carbon was trading at Rs 533.05, up 0.60 per cent, on BSE.
Sensex, Nifty marginally up, banking stocks in red
The key equity indices were marginally higher during the afternoon session of trade on Tuesday over profit booking, but banking stocks traded lower.
Crystal Crop acquires three brands of Syngenta India
Agri-chemcial firm Crystal Crop Protection Tuesday said it has acquired Swiss-based Syngenta's three brands -- Proclaim, Tilt and Blue Copper, in India. Crystal Crop Protection also plans to launch its IPO to raise an estimated Rs 1,000 crore. This acquisition from Syngenta will enhance Crystal's penetration in the pulses, cotton, rice, wheat, vegetable and grapes markets in India, Crystal Crop said in a statement. Crystal Crop Protection manufactures crop protection products which include insecticides, fungicides, herbicides and plant growth regulators and bio-stimulants. "The Competition Commission of India (CCI) directed the divestment of these brands to Crystal while approving the global acquisition of Syngenta by ChemChina. We are confident that Crystal will continue to steward the products for the benefit of the farming communities," Syngenta India's MD Rafael Del Rio said. Commenting on the acquisition, Crystal Crop MD Ankur Aggarwal said this acquisition is in line with the ...
The Investment Trust of India Ltd leads losers in 'B' group
TPL Plastech Ltd, Technofab Engineering Ltd, Tarmat Ltd and Shree Rama Multi-Tech Ltd are among the other losers in the BSE's 'B' group today, 27 November 2018.
Volumes jump at Elgi Equipments Ltd counter
Elgi Equipments Ltd witnessed volume of 4.46 lakh shares by 14:17 IST on NSE, a 30.1 times surge over two-week average daily volume of 14810 shares