Page 2002 - Business Finance
Sensex settles below 35,000 mark amid negative Asian cues
Key equity indices settled with modest losses on first trading day of the week due to negative Asian stocks. Key barometers remained in negative zone for majority of the day's trading session. The Sensex settled below the psychological 35,000 level after sliding below that level in early trade.
Quick Wrap: Nifty PSU Bank Index rises 2.91%
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Tata Steel aims 30 million tonne India capacity by 2025
Tata Steel Ltd is eyeing an installed capacity of around 30 million tonne per annum by 2025 in India from the existing 18.5 million tonne, a senior company official said on Monday. The steel major has recently taken over Bhushan Steel and Usha Martin plants, which has a combined rated capacity of 7 million tonne per annum. "With expansion and new capacities, we expect that by 2025, we can have 30 million tonne capacity in India," Tata Steel (India) President-Steel Business, Anand Sen said here. He was speaking about Tata Steel in context to the steel sector's performance and outlook, on the sidelines of a curtain raiser event for an upcoming Indian Institute of Metals' programme. Sen said the planned 30-million-tonne capacity was based on the projected capacity of the Kalinganagar plant to 8 million tonne after its second phase of expansion, the Jamshedpur plant (13.5 million tonne) and the two recently-acquired steel companies. The total capacity of the steel giant ...
Dhanvarsha Finvest stock options granted to employees
Of Rs 30 per share
Himatsingka Seide consolidated net profit rises 4.29% in the September 2018 quarter
Sales rise 15.12% to Rs 665.96 crore
RPG Life Sciences standalone net profit declines 65.77% in the September 2018 quarter
Sales rise 1.11% to Rs 90.50 crore
Jyoti Resins and Adhesives standalone net profit rises 107.14% in the September 2018 quarter
Sales rise 88.05% to Rs 17.62 crore
Andhra Petrochemicals standalone net profit declines 24.16% in the September 2018 quarter
Sales rise 16.23% to Rs 170.59 crore
Mansoon Trading Company reports standalone net loss of Rs 0.34 crore in the September 2018 quarter
Sales reported at Rs 0.02 crore
Corrected: Rich Asians crazy about securing wealth spark family office boom in Hong Kong, Singapore
By Sumeet Chatterjee
UK services growth slows to seven-month low as firms fear for outlook: PMI
LONDON (Reuters) - Business activity in Britain's dominant services sector slowed to a seven-month low last month and firms' expectations for the coming year are the gloomiest since just after the 2016 Brexit vote, a major survey showed on Monday.
State Bank of India second-quarter profit beats estimates on better asset quality
(Reuters) - State Bank of India (SBI) reported its first quarterly profit in four on Monday as bad loan provisions fell and asset quality improved, sending shares of the country's largest lender by assets to a two-month high. SBI's net profit came in at 9.45 billion rupees ($129.41 million) for the second quarter ended Sept 30, compared with a profit of 15.82 billion rupees a year ago, and ahead of analysts' expectations of a profit of 5.65 billion rupees, according to Refinitiv data.
Minimal is the biggest statement in jewellery: Designer
Jewellery designer Pooja Vaswani, who has new Pratharv Jewels outlet on the completion of 15 years of the brand, says that Indian women are adapting International jewellery trends with minimal making waves in fashion scene.
Infosys InStep Recognized as the Best Overall Internship Program Globally by Vault
-FirstCall/ -- Interns rate InStep highly for opportunities to work on interesting projects, diversity and work culture Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced that its global internship program, InStep, has been ranked number 1 in the best overall internship category by Vault.com's latest survey on Top Internships for 2019. InStep, also earned the first position in the best consulting internship category, second position in the compensation and benefits category, seventh position in the quality of life and employment prospects categories and tenth position in the career development category. (Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg ) A fully paid international internship program, InStep annually selects around 140 students from the top 100 universities globally to work on projects across business units and business enabling functions. Interns with technical backgrounds are offered ...
GTN Textiles reports consolidated net loss of Rs 3.18 crore in the September 2018 quarter
Sales rise 0.29% to Rs 34.94 crore
Goodluck India consolidated net profit rises 62.55% in the September 2018 quarter
Sales rise 27.01% to Rs 391.23 crore
Trigyn Technologies consolidated net profit rises 31.67% in the September 2018 quarter
Sales rise 30.00% to Rs 214.88 crore
Rama Petrochemicals reports consolidated nil net profit/loss in the September 2018 quarter
Sales rise 66.67% to Rs 0.15 crore
Cipla consolidated net profit declines 15.64% in the September 2018 quarter
Sales decline 1.01% to Rs 3947.93 crore
PSP Projects standalone net profit rises 38.70% in the September 2018 quarter
Sales rise 50.45% to Rs 209.95 crore