Page 1804 - Business Finance
Brady & Morris Engineering Company reports standalone net profit of Rs 0.30 crore in the September 2018 quarter
Sales rise 2295.12% to Rs 9.82 crore
Retro Green Revolution reports standalone net profit of Rs 0.01 crore in the September 2018 quarter
Sales reported at Rs 0.01 crore
Arcotech reports standalone net loss of Rs 12.16 crore in the September 2018 quarter
Sales decline 25.80% to Rs 127.07 crore
Ginni Filaments reports standalone net profit of Rs 0.78 crore in the September 2018 quarter
Sales rise 15.91% to Rs 197.23 crore
Ritesh International reports standalone net loss of Rs 0.67 crore in the September 2018 quarter
Sales rise 47.63% to Rs 9.33 crore
China's Xiaomi swings to net profit in third quarter on robust sales in India, Europe
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc said on Monday it swung to a net profit in the third quarter, beating analyst estimates, driven by robust sales in India and Europe.
Nissan moving to fire Chairman Carlos Ghosn for financial misconduct
TOKYO (Reuters) - Nissan Motor Co Ltd said on Monday it was moving to terminate Carlos Ghosn from his chairman's post after finding that he had used company money for personal use and committed several other serious acts of misconduct.
McLaren Automotive boss says PM May's Brexit deal gives certainty
LONDON (Reuters) - The draft Brexit agreement between Britain and the European Union gives certainty to British business whilst no deal would hinder free trade, the boss of carmaker McLaren Automotive said as Prime Minister Theresa May battles to win over her lawmakers.
PSP Projects' total work orders stands at Rs 804.62 cr till date in FY 2019
The above includes two major work orders received from Tornascent Care Institute for Construction of hospital building (Rs. 67.88 crore) and Ahmedabad University for Construction of Student Activity center (Rs. 51.50 crore).
Nissan moving to fire Ghosn for financial misconduct
TOKYO (Reuters) - Nissan Motor Co Ltd said on Monday it was moving to terminate Carlos Ghosn from his chairman's post after finding that he had used company money for personal use and committed several other serious acts of misconduct.
Explainer: Danske Bank's 200 billion euro money laundering scandal
COPENHAGEN (Reuters) - Danske Bank has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark's biggest bank to the problem, testified before the Danish parliament on Monday.
Global Markets: Stocks push higher, dollar sapped by rate hike uncertainty
LONDON (Reuters) - World shares started the week on the front foot on Monday, amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve's new-found concerns over the global economy sapped the dollar.
Prabhu says private airlines' management has to take appropriate steps amid Jet Airways crisis
Virtually ruling out possibility of bailout package for crisis-hit Jet Airways, Civil Aviation Minister Suresh Prabhu Monday said it is for private airlines' boards and managements to ensure that they function properly and take appropriate measures depending on prevailing market conditions. The Civil Aviation Ministry has also decided not to intervene with respect to Jet Airways' request seeking more time for making payments to airport operators, according to a senior official. Jet Airways has been grappling with financial woes that has also resulted in the full-service carrier delaying payment of salaries to staff, including pilots. The airline posted a loss of Rs 1,261 crore in the three months ended September. Responding to queries related to Jet Airways, including possible bailout package, Prabhu said that in a deregulated atmosphere, the ministry's endeavour is to deal with sector-specific issues. "For a private airline, it is for the board of directors and their management to ...
Nifty, Sensex end near seven-week closing high ahead of RBI meet outcome
(Reuters) - Indian shares ended higher on Monday as investors awaited an outcome of a central bank board meet with the government on key issues related to liquidity, lending rules for banks and handing over surplus reserves to the government.
China's Xiaomi swings to net profit in Q3, beats estimates
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc on Monday said it swung to a net profit in the third quarter, beating analyst estimates, driven by robust sales in India and Europe.
Danske Bank whistleblower says his warnings were not heeded
COPENHAGEN (Reuters) - The whistleblower who helped to reveal suspected money laundering involving Danske Bank told the Danish parliament on Monday that the bank had not taken his warnings seriously and had offered him money to keep quiet.
Bengal leading in cooperative movement: Mitra
West Bengal is a leader when it came to cooperative movement in the country, state Finance Minister Amit Mitra said Monday. He said in West Bengal, Nadia district excelled and has won recognition from the Union government. Mitra highlighted the stellar growth achieved under the Trinamool Congress (TMC) government in terms of disbursals to coperatives and self help groups (SHGs) at the inauguration of the centenary year of the state cooperative banks' celebration and 'Samabay mela'. Mitra however, evaded a question on high bad loans of the West Bengal State Cooperative Agriculture & Rural Development Bank whose gross and net non performing assets (NPA) stood at 23.27 per cent and 17.12 per cent, respectively, as on March 2018. Mitra said credit deposit ratio of the cooperative bank was 81.16 per cent which was "exceedingly good". Cooperative banks, which play a crucial role in agriculture and rural development, extended crop loan of Rs 1,388 crore during 2010-11 but .
Cybermate Infotek to allot 22.50 lakh equity shares
On conversion of warrants
Nissan Chairman Carlos Ghosn arrested - Yomiuri
(Reuters) - Nissan Motor Co Ltd's chairman, Carlos Ghosn, has been arrested, the Yomiuri daily said on its website on Monday.
Nissan chairman Carlos Ghosn has been arrested - Yomiuri
(Reuters) - Nissan Motor Co Ltd's chairman, Carlos Ghosn, has been arrested, the Yomiuri daily said on its website on Monday.