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Page 1774 - Business Finance

Rajesh Exports bucks trend after bagging export order

Rajesh Exports rose 0.10% to Rs 570.80 at 11:04 IST on BSE after the company said it bagged new export order of Rs 933 crore.

Updated On : 21 Nov 2018 | 11:16 AM IST

Volumes spurt at Minda Corporation Ltd counter

Minda Corporation Ltd notched up volume of 56468 shares by 10:48 IST on BSE, a 6.69 fold spurt over two-week average daily volume of 8440 shares

Updated On : 21 Nov 2018 | 11:16 AM IST

Sonata Software Ltd Slides 3.1%, S&P BSE IT Sector index Shed 1.99%

Sonata Software Ltd has added 0.73% over last one month compared to 4.27% fall in S&P BSE IT Sector index and 3.66% rise in the SENSEX

Updated On : 21 Nov 2018 | 11:16 AM IST

Indian Oil Corporation Ltd Spurts 5.75%, S&P BSE Oil&Gas index Gains 2.15%

Indian Oil Corporation Ltd has added 13.28% over last one month compared to 7.94% gain in S&P BSE Oil&Gas index and 3.66% rise in the SENSEX

Updated On : 21 Nov 2018 | 11:16 AM IST

Russia's Rostec doing brisk arms trades despite sanctions

Arms giant Rostec is seeing strong demand for its advanced anti-missile systems despite international sanctions against the Russian defence sector, chief executive Sergei Chemezov told AFP in an interview. Chemezov, an ally of President Vladimir Putin, is nonetheless also charting a course to increase sales of Rostec's non-military products. Since Russia's intervention in Ukraine in 2014, the world's second-largest arms exporter after the United States has been hit by several rounds of sanctions by Washington and the European Union (EU). Rostec and Chemezov himself have been specifically targeted. "The sanctions are beneficial to US companies competing with us," the chief executive noted in an interview conducted via e-mail. "At the same time, we are well aware of the negative attitude of many foreign companies, of our traditional foreign partners, to the sanctions." An economist by training, Chemezov built a career in the import-export trade and met Putin when both were in Dresden, ..

Updated On : 21 Nov 2018 | 11:10 AM IST

Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak

SINGAPORE (Reuters) - Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day's 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports.

Updated On : 21 Nov 2018 | 11:05 AM IST

Gold inches down as safe haven demand lifts dollar

BENGALURU (Reuters) - Gold prices eased slightly on Wednesday as the U.S. dollar was boosted by safe-haven demand as investors eyed U.S.-China tensions amid heightened risk aversion.

Updated On : 21 Nov 2018 | 10:55 AM IST

Market tumbles to intraday low

A sudden sell-off in index pivotals dragged the key benchmark indices to fresh intraday low in morning trade. At 10:30 IST, the barometer index, the S&P BSE Sensex, was down 355.75 points or 1% at 35,118.76. The Nifty 50 index was down 84.30 points or 0.79% at 10,571.90. Subdued Asian indices weighed adversely on the domestic bourses.

Updated On : 21 Nov 2018 | 10:51 AM IST