Page 1765 - Business Finance

Neycer India reports standalone net loss of Rs 1.16 crore in the September 2018 quarter

Sales decline 66.47% to Rs 1.72 crore

Tamil Nadu Telecommunications reports standalone net loss of Rs 3.80 crore in the September 2018 quarter

Reported sales nil

Milgrey Finance & Investments reports standalone net loss of Rs 0.01 crore in the September 2018 quarter

Reported sales nil

Kothari World Finance standalone net profit rises 53.85% in the September 2018 quarter

Sales rise 17.58% to Rs 1.07 crore

Saianand Commercial reports standalone net loss of Rs 0.01 crore in the September 2018 quarter

Reported sales nil

Lime Chemicals standalone net profit declines 52.83% in the September 2018 quarter

Sales decline 10.18% to Rs 11.12 crore

Only Rs 160 crore refund left with CBIC: S Ramesh

Shailesh YadavNew Delhi [India], Nov 21 (ANI): Central Board of Indirect Taxes and Customs (CBIC) chairman S Ramesh has said that refund is attended to as a top priority by his organisation, which comes under the Department of Revenue, Union Finance Ministry. "Refund is being granted on a daily basis by online systems. IGST refund is also being done online," he said while talking exclusively with ANI."We are doing manual process for the Input Tax Credit (ITC) refund. People find it online but they have to come back to us with the printout and submit the details with us. We are making this process fast. We had refunded more than Rs 82,000 crore. Every month we get refund claims of Rs 2000-3000 crore on an average. Refund of only Rs 160 crore is left, which we are trying to process as soon as possible," he added.REFUND SYSTEM TO BE TOTALLY ONLINE"Currently we are processing the refund in both ways, online and manually. We are going to completely change this to online. If we are able to .

Cybertech Systems & Software consolidated net profit declines 12.45% in the September 2018 quarter

Sales rise 5.32% to Rs 23.97 crore

Goldiam International consolidated net profit rises 103.67% in the September 2018 quarter

Sales rise 78.58% to Rs 99.20 crore

Wells Fargo fights to leave customers out of auto payout plan

WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents and a source familiar with the effort.

Spanish PM says Bankia not for sale for now due to market conditions

MADRID (Reuters) - The Spanish government is not planning to sell or reduce its stake in Bankia for the time being due to its low share price, Prime Minister Pedro Sanchez said on Wednesday.

Nissan wants less clout from Renault as Japan seeks to stabilise alliance

TOKYO (Reuters) - Japan said it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, but a Nissan executive said the Japanese automaker is seeking ways to weaken the influence of its French partner.

Abu Dhabi to host second India-UAE strategic conclave on November 27

The UAE will host the second edition of India-UAE Strategic Conclave on November 27 that will initiate dialogues to widen the scope of bilateral investments between the two countries. The day-long conference to be held in Abu Dhabi will be inaugurated by the Indian Ambassador to the UAE Navdeep Suri. Key business leaders and senior government officials will come together to lay the blueprint for greater economic cooperation between the two countries, a statement released here said. It will explore the possibilities of economic gains through boosting both the countries' status as major trade hubs and key gateways to regional and international markets, the statement said. The conclave aims to boost the connection between the business communities of the two countries. "We are glad to conduct the second edition of India-UAE Strategic Conclave in Abu Dhabi this year. This will further enhance the insights from the inaugural edition by identifying key areas for more investment flows between

IoT spending in Asia-Pacific up 12% in 2018: Report

The average annual spend on Internet of Things (IoT) among enterprises in the Asia-Pacific region reached $4.8 million, up 12 per cent from 2017, shows a new report on Wednesday.

Global growth heading towards fragile soft landing: OECD

PARIS (Reuters) - Trade tensions and higher interest rates are slowing the global economy, though for now there are no signs of a sharp downturn, the OECD said on Wednesday, lowering its outlook for next year.

Analysis: BOJ keeps inflation, not bank pain, as its main policy priority

TOKYO (Reuters) - Japan's long run of extreme monetary stimulus has drawn increasing criticism over the impact it's had on small banks, but despite the grumbling, the central bank is likely to keep inflation as its primary policy consideration.

Maruti Suzuki launches Ertiga 2018 today, price starts at Rs 744,000

The model would compete with the likes of Honda CR-V, Mahindra Marazzo, among others in the multi-purpose vehicle space.

Danske money laundering whistleblower calls UK structures a 'disgrace'

BRUSSELS (Reuters) - British company structures which hide the identity of their beneficiaries are a "disgrace", the whistleblower who brought to light an alleged 200 billion euro ($228 billion) money laundering scandal involving Danske Bank said.

Global Markets: World stocks struggle to find feet after tech-driven rout

LONDON (Reuters) - World stocks attempted to steady on Wednesday following a bruising Wall Street session that wiped $1 trillion off the value of leading U.S. tech shares, while oil prices staged a modest rebound after slumping to one-year lows.

Thyssenkrupp has not been contacted by Elliott since July: CEO

FRANKFURT (Reuters) - Thyssenkrupp has not been contacted by activist fund and shareholder Elliott since July, Chief Executive Guido Kerkhoff told the group's annual press conference on Wednesday.