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Punjab National Bank up for five straight sessions
The stock is quoting at Rs 73.4, up 0.14% on the day as on 12:44 IST on the NSE. Punjab National Bank is down 60.6% in last one year as compared to a 3.71% gain in NIFTY and a 1.7% gain in the Nifty Bank.
Oil prices slip amid broad market sell-off that outweighs expected OPEC cuts
SINGAPORE (Reuters) - Oil fell on Tuesday, folding under the weight of a broad stock market sell-off that undercut support to prices earlier in the day from expectations that OPEC will introduce new output curbs.
Singapore probing Noble Group for false statements, disclosure breaches
SINGAPORE (Reuters) - Singapore authorities said on Tuesday that they are investigating Noble Group Ltd for suspected false and misleading statements and breaches of disclosure requirements under the city-state's laws.
Singapore 180-cst fuel oil margin hits high on tight supply, drop in crude prices
SINGAPORE (Reuters) - The front-month Singapore 180-centistoke (cst) high-sulphur fuel oil refining margin hit a record high on Tuesday for the second time this month, boosted by tightening global supply and falling crude oil prices.
Western Digital Enters In-memory Computing Segment With Ultrastar Memory Drive
/ -- - First in its Portfolio, New Ultrastar DC ME200 Memory Extension Drive - Expands Servers with Memory Capacity for Real-Time Data Processing, Scaling Databases, Application Caching and Cloud Services Western Digital Corporation (NASDAQ: WDC), a data infrastructure leader, announced it is extending the breadth and depth of its data center portfolio into the rapidly evolving in-memory computing market segment. The new Ultrastar DC ME200 Memory Extension Drive is the company's first product that enables customers to better optimize in-memory system capacity/performance for running demanding applications that drive today's real-time analytics and business insights. "Today's requirement for faster analytics, data processing, cloud services and high-performance computing (HPC) is increasing demand for in-memory computing across a variety of industries, including healthcare, telecommunications and IT, and retail," said Ashish Nadkarni, group vice president, IDC. "By expanding in-memory .
Gold steady in slow trading, muted dollar supports
BENGALURU (Reuters) - Gold prices were steady on Tuesday, after moving in a tight range in holiday-thinned trading, holding above the 1,220 level as the dollar was pressured by weak U.S. economic data and a clouded interest rate outlook.
YES Bank shares slump 6.5 pc after independent director's resignation
Shares of YES Bank Tuesday slumped 6.5 per cent after independent director Rentala Chandrashekhar put in his papers marking the third resignation from the company's board. The stock dived 6.48 per cent to Rs 191.75 on BSE. At NSE, shares of the company slumped 6.44 per cent to Rs 191.60 apiece. The stock was the worst hit among the blue chips on both the key indices during the morning trade. "We would like to inform that Rentala Chandrashekhar, Non-Executive, Independent Director has tendered his resignation from the board of directors of YES Bank on November 19, 2018 with immediate effect," the bank had said in a filing. The bank cited personal reasons for Chandrashekhar's resgnation. On November 14, the bank's non-executive chairman Ashok Chawla had resigned as his name figured in a CBI chargesheet filed in the Aircel-Maxis case. Another independent director Vasant Gujarathi too had tendered his resignation on the same day over audit committee performance issues. The Reserve Bank ...
Hindustan Copper Ltd up for third consecutive session
The stock is quoting at Rs 52.2, up 2.55% on the day as on 12:49 IST on the NSE. Hindustan Copper Ltd is down 46.95% in last one year as compared to a 3.68% slide in NIFTY and a 13.02% slide in the Nifty Metal index.
Mahindra & Mahindra Ltd rises for third straight session
The stock is quoting at Rs 789.75, up 1.08% on the day as on 12:49 IST on the NSE. Mahindra & Mahindra Ltd is up 11.55% in last one year as compared to a 3.68% jump in NIFTY and a 18.72% jump in the Nifty Auto index.
easyJet sticks to outlook after annual profit soars
LONDON (Reuters) - British low-cost airline easyJet stuck to its outlook for the first-half of the current year, after posting a 41 percent jump in annual profit, in line with its forecasts.
TV18 Broadcast Ltd up for five straight sessions
The stock is quoting at Rs 37.45, up 0.94% on the day as on 12:44 IST on the NSE. TV18 Broadcast Ltd is down 18.76% in last one year as compared to a 3.71% gain in NIFTY and a 22.18% gain in the Nifty Media.
Prime Minister Launches Ease of Doing Business Grand Challenge
The Prime Minister, Shri Narendra Modi, at a programme organized at his residence, yesterday, interacted with select CEOs from Indian & foreign companies. The Prime Minister apprised CEOs of the efforts being made by the Government to ensure that India consistently improves its business environment. The Prime Minister reiterated his resolve to make India one of the easiest places to conduct business in the world. He congratulated all government officials from the reforming Ministries and Departments as well as states & municipal corporations for their achievements in the last 4 years and exhorted them to work towards reforms with greater zeal and energy.
Indices off day's low
Key indices cut losses in early afternoon trade. At 12:22 IST, the barometer index, the S&P BSE Sensex, was down 115.93 points or 0.32% at 35,658.95. The Nifty 50 index was down 43.80 points or 0.41% at 10,719.60. IT stocks dropped. Local indices were weighed down by negative Asian stocks.
Chana goes up 1.02% in futures trade on spot demand
Chana prices moved up by 1.02 per cent to Rs 4,475 per quintal in futures trade Tuesday as speculators built up fresh positions, driven by uptick in demand from dal mills at spot markets. At the National Commodity and Derivatives Exchange, chana for delivery in November was trading higher by Rs 45, of 1.02 per cent to Rs 4,475 per quintal with an open interest of 50 lots. Likewise, the commodity to be delivered in December gained Rs 44, or 0.98 per cent, to Rs 4,518 per quintal in 33,650 lots. Marketmen said the rise in chana prices at futures market was mostly attributed to fresh positions created by traders after pick up in demand from dal mills at spot markets.
PharmaHopers (Pharma Franchise Portal) Explains the Indian Future of Pharma Franchise & PCD Pharma Business in 2019
/ -- Rightly said by Leon C. Megginson, "It is not the strongest of the species that survives, nor the most intelligent, but the one most adaptable to change." Ten years down the lane, Pharma Franchise & PCD Pharma wasn't the term heard by many but today, it has emerged as potential business sector in Pharmaceutical Industry. Indian Pharmaceutical Industry is growing with the CAGR of 15% and is expected to touch USD 250 billion by 2020. Investing in Pharma Franchise is considered profitable by pharma experts. With the increasing scope of Pharma Franchise & PCD Pharma in India, it is not wrong to say that PCD Pharma Franchise is the backbone of Pharmaceutical companies. The trajectory of Indian Pharmaceutical is strong from past few years due to: The rise in disposable income Increase in the number of Aging Population Rising Literacy Level Improvement in Medical Infrastructure High fragmentation with the low prices of drugs, low production costs, skills, knowledge, and ...
Mustard seed futures fall on low spot demand
Mustard seed prices fell by 0.60 per cent to Rs 4,108 per quintal in futures trade Tuesday as speculators were indulged in trimming positions amid subdued cues from the physical markets. At the National Commodity and Derivatives Exchange, mustard seed for December declined by Rs 25, or 0.60 per cent,, to Rs 4,108 per quintal, having an open interest of 43,010 lots. Mustard seed for January, next year, was also trading down by Rs 18, or 0.43 per cent, to Rs 4,143 per quintal, in an open interest of 6,550 lots. Marketmen attributed the persistent weakness in the prices to cutting down of positions by participants amid weak trend at the spot markets on ample stocks.
Bhagyanagar Properties sells land in Hyderabad for Rs 5.80 cr
Further Company has received total amount of Rs. 5.80 crore towards sale consideration and Sale deed will be executed shortly.
Bhagyanagar Properties Ltd leads gainers in 'B' group
Peninsula Land Ltd, ITI Ltd, Newgen Software Technologies Ltd and Kridhan Infra Ltd are among the other gainers in the BSE's 'B' group today, 20 November 2018.
Ramco Systems bags contract from leading Casino and Resorts provider
The award winning Casino & Entertainment company will be implementing Ramco's Global Payroll platform on a private cloud and integrating it to Workday HCM & Financials. The client who is expanding rapidly, chose Ramco's Global Payroll platform for its multi-country coverage and innovative features powered by Artificial Intelligence and Machine Learning capabilities.