Page 1787 - Business Finance
Yes Bank Ltd leads losers in 'A' group
Minda Industries Ltd, Jain Irrigation Systems Ltd, SREI Infrastructure Finance Ltd and Jaiprakash Associates Ltd are among the other losers in the BSE's 'A' group today, 20 November 2018.
Alembic Pharma rises after USFDA approves Vardenafil Hydrochloride tablets
Alembic Pharmaceuticals rose 0.81% to Rs 567.15 at 14:43 IST on BSE after the company said it received US drug regulator's approval for Vardenafil Hydrochloride orally disintegrating tablets.
Global Markets: Stock markets slide on tech sell-off, dollar sags
TOKYO (Reuters) - Asian stock markets skidded on Tuesday and Europe was expected to follow, pressured by sharp losses on Wall Street as technology firms tumbled on worries about slackening demand.
Sensex, Nifty hit fresh intraday low
Fresh selling in index pivotals dragged the key benchmark indices to hit fresh intraday low in mid-afternoon trade. At 14:28 IST, the barometer index, the S&P BSE Sensex, was down 325.76 points or 0.91% at 35,449.12. The Nifty 50 index was down 109.40 points or 1.02% at 10,654. Shares of index heavyweight Reliance Industries dropped. Pharma shares edged lower. Negative global cues put pressure on domestic stocks.
Brightcom Group Ltd leads losers in 'B' group
North Eastern Carrying Corporation Ltd, Consolidated Construction Consortium Ltd, Somi Conveyor Beltings Ltd and Capital Trust Ltd are among the other losers in the BSE's 'B' group today, 20 November 2018.
Volumes spurt at Tube Investments of India Ltd counter
Tube Investments of India Ltd registered volume of 1.98 lakh shares by 14:14 IST on NSE, a 12.68 fold spurt over two-week average daily volume of 15611 shares
Jazeera Airways to connect New Delhi with Kuwait from Dec
Kuwaiti private budget carrier Jazeera Airways Tuesday announced the launch of its services to New Delhi from next month as part of its plans to expand its footprint in one of the fastest growing aviation market in the world. Jazeera Airways, which commenced operations in India last year, currently flies to Hyderabad, Mumbai, Kochi and Ahmedabad from the Gulf nation. The services on the Kuwait-New Delhi route will start from December 15, the Kuwait-based carrier said in a release. Bookings for the flight services on the new route, which will be operated four times in a week, are open and available on Jazeera Airways website, it added. The airline has also announced special one-way fare starting from Rs 10,599 for an economy class journey and Rs 19,146 for business class travel on the new route. The launch of the new route is a part of Jazeera Airways' continued expansion to serve the large Indian community and business sector in Kuwait, the release said. Rohit ...
Reliance MF announces Further Fund Offer 3 for CPSE ETF
Reliance Mutual Fund (RMF) Tuesday announced Further Fund Offer 3 (FFO3) of its Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF). RMF plans to raise up to Rs 14,000 crore in FFO3, which includes a base amount of Rs 8,000 crore. The fund is part of the government's overall disinvestment programme, announced earlier, using the exchange traded fund. "We feel confident that the timing of the issue will help investors benefit from their exposure in a diversified basket like CPSE ETF that includes a list of PSUs who are leaders in their respective sectors," Reliance Nippon Life Asset Management's executive director and CEO, Sundeep Sikka said. The fund offers an opportunity for investors, especially retail and retirement funds, to invest in the country's growth story at an attractive valuation, low expense and embedded discounts, he said. CPSE ETF has a very low expense ratio of 0.95 bps. The FFO3 is open for all categories of investors including anchor .
Singapore authorities probing Noble Group for suspected false statements
SINGAPORE (Reuters) - Singapore authorities said on Tuesday they are investigating Noble Group Ltd for suspected false and misleading statements, just days after the company said its $3.5 billion debt restructuring had received approval from UK and Bermuda courts.
Ghosn in no position to lead Renault, says French finance minister
PARIS (Reuters) - Carlos Ghosn should not remain in charge of Renault after his arrest in Japan, France's finance minister said on Tuesday, urging the carmaker to move swiftly to install an interim management team to limit the damage.
Nissan shares fall 5.45% after Chairman's arrest
Japanese automobile manufacturer Nissan's shares on Tuesday fell by 5.45 per cent on the Tokyo Stock Exchange following the arrest of its chairman over alleged financial irregularities.
AGI Infra reports consolidated net profit of Rs 0.46 crore in the September 2018 quarter
Sales reported at Rs 10.35 crore
Objectone Information Systems reports consolidated net profit of Rs 0.06 crore in the September 2018 quarter
Sales rise 11.76% to Rs 6.08 crore
Odyssey Corporation reports consolidated net loss of Rs 13.46 crore in the September 2018 quarter
Sales rise 71.37% to Rs 8.26 crore
Sree Sakthi Paper Mills reports standalone net profit of Rs 5.16 crore in the September 2018 quarter
Reported sales nil
Surya Industrial Corporation reports standalone net loss of Rs 0.01 crore in the September 2018 quarter
Reported sales nil
Anka India reports standalone nil net profit/loss in the September 2018 quarter
Sales reported at Rs 0.05 crore
Vamshi Rubber reports standalone net profit of Rs 0.01 crore in the September 2018 quarter
Sales rise 45.31% to Rs 21.84 crore
Inter State Oil Carrier standalone net profit declines 45.95% in the September 2018 quarter
Sales rise 37.38% to Rs 8.93 crore
Woodsvilla reports standalone net loss of Rs 0.05 crore in the September 2018 quarter
Sales decline 58.33% to Rs 0.05 crore