Page 1834 - Business Finance
Pan India Corporation reports standalone net loss of Rs 0.06 crore in the September 2018 quarter
Reported sales nil
Anjani Portland Cement standalone net profit declines 51.57% in the September 2018 quarter
Sales rise 15.21% to Rs 104.89 crore
SPML Infra standalone net profit rises 70.55% in the September 2018 quarter
Sales rise 102.68% to Rs 400.52 crore
Shah Alloys reports standalone net profit of Rs 20.10 crore in the September 2018 quarter
Sales rise 28.34% to Rs 148.55 crore
T T reports standalone net profit of Rs 0.05 crore in the September 2018 quarter
Sales rise 10.59% to Rs 132.83 crore
Superhouse standalone net profit rises 739.51% in the September 2018 quarter
Sales rise 13.94% to Rs 154.11 crore
Acrow India reports standalone net loss of Rs 0.17 crore in the September 2018 quarter
Reported sales nil
Surya Roshni standalone net profit rises 6.84% in the September 2018 quarter
Sales rise 22.76% to Rs 1394.80 crore
Time Technoplast consolidated net profit declines 24.71% in the September 2018 quarter
Sales rise 14.17% to Rs 827.49 crore
Vivimed Labs consolidated net profit declines 17.17% in the September 2018 quarter
Sales rise 29.07% to Rs 364.62 crore
Olympic Cards reports standalone net loss of Rs 1.42 crore in the September 2018 quarter
Sales decline 0.55% to Rs 9.02 crore
Arihant Foundations & Housing standalone net profit rises 20.00% in the September 2018 quarter
Sales rise 9.92% to Rs 10.97 crore
Universal Credit & Securities reports standalone net loss of Rs 0.01 crore in the September 2018 quarter
Sales decline 7.06% to Rs 0.79 crore
Websol Energy System reports standalone net loss of Rs 9.23 crore in the September 2018 quarter
Sales decline 91.15% to Rs 3.82 crore
Crazy Infotech reports standalone net loss of Rs 0.02 crore in the September 2018 quarter
Sales decline 50.00% to Rs 0.02 crore
Oswal Agro Mills standalone net profit declines 63.96% in the September 2018 quarter
Reported sales nil
ABB talking to three Asian suitors about Power Grids sale: sources
ZURICH/FRANKFURT (Reuters) - ABB is in talks with Hitachi Ltd and Mitsubishi Electric Corp to sell all or part of its power grids business, sources familiar with the matter told Reuters, boosting the embattled Swiss engineer's shares.
T-Mobile says Sprint deal may close as early as first quarter next year
(Reuters) - T-Mobile US Inc's Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the first quarter of 2019.
Yes Bank continues to drop; down 7% after Bhatt resigns from search panel
Shares of Yes Bank Friday slumped over 7 per cent a day after former SBI chairman O P Bhatt resigned from the panel set up to find a successor to its MD and CEO Rana Kapoor. Yes Bank, Thursday, too, plunged by 7 per cent after the resignation of the private sector lender's non-executive chairman Ashok Chawla. The bank's scrip on BSE closed at Rs 191.3 Friday, a fall of 7.14 from the previous close. In the intra-day, it had plunged 8.78 per cent to Rs 187.9. On the NSE, shares of the company settled 6.49 per cent lower at Rs 192.5. It had touched a low of Rs 187.80 and a high of Rs 201.75 during the trading session. In a filing to the stock exchanges on Thursday, Yes Bank said that Bhatt has resigned from the panel set up by the private sector bank to find a successor to its MD and CEO Rana Kapoor. Bhatt, who was an external expert on the Search and Selection Committee (S&SC), resigned with "immediate effect" as "there may be a potential conflict of interest", the bank added. Bhatt
Progcap awarded at Global SME Finance Forum 2018
Progcap (Desiderata Impact Ventures Private Limited) has been awarded the "Product Innovation of the Year" by the International Finance Corporation, World Bank Group at the Global SME Finance Awards 2018 for its work on Last Mile retailer financing.The awards jury commended Progcap for its innovative approach in reaching out to the underserved customers and on its unique model to build a scalable SME franchise.Matthew Gamser, CEO of the SME Finance Forum, said, "The Global SME Finance awards celebrate the best in class financial institutions and fintechs that have achieved remarkable results in their SME product or service offerings. Our winners are diverse, but they all share a strong commitment to helping small businesses in their markets with their dedication and innovative practices. The winners are an inspiration to us and their peers."Progcap is a mission driven, inclusive financial technology firm, working to unlock the transformational impact of millions of micro and small ...