Page 2008 - Business Finance

Jeera futures up 1.14% on rising domestic demand

Jeera prices increased by Rs 240,or 1.14 per cent to Rs 21,350 per quintal in futures trade on Monday on higher bets, tracking a firm trend at the spot market in the wake of rising domestic demand. Further, tight stocks following restricted arrivals from the growing regions fuelled the uptrend. At the National Commodity and Derivatives Exchange, jeera for delivery in December rose Rs 240, or 1.14 per cent, to Rs 21,350 per quintal with an opening interest of 4,122 lots. On similar lines, the rates for November was trading higher at Rs 20,870, up by 0.97 per cent, or Rs 200 per quintal with an open interest of 3,705 lots. Analysts said the rise in jeera prices in futures trade was supported by increased buying by retaliers and stockist at the spot market amid restricted supplies form producing regions.

SoftBank's Saudi ties in focus as CEO Son makes first appearance since journalist murder

TOKYO (Reuters) - Japan's SoftBank Group Corp <9984.T> CEO Masayoshi Son will face questions shortly on Monday about his company's dependence on Saudi Arabia, in his first public appearance since the murder of a journalist by Saudi security forces sparked global outrage.

Singapore's DBS third-quarter profit dips below estimate, loan outlook dims

SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia's biggest lender, reported a quarterly profit slightly below estimates on Monday, flagging trade war worries and property cooling measures likely to hold back its loan book growth next year.

Mentha oil falls 0.74 per cent on fall in demand

Mentha oil prices came down by 0.74 per cent in futures trading Monday as speculators reduced exposure amid fall in demand from consuming industries in the domestic spot market. Besides, ample stocks on higher supplies form major growing belts of Chandausi in Uttar Pradesh, too, weighed. At Multi Commodity Exchange, mentha oil to be delivered in November was trading lower by Rs 13, or 0.74 per cent, to Rs 1,754.90 per kg in business turnover of 192 lots. Marketmen said cutting down of positions by participants due to easing demand in the spot markets from consuming industries amid sufficient stock position on increased supplies, pulled down mentha oil prices at futures trade here.

Chana futures up 2.49 per cent on increased spot demand

Chana prices spurted by 2.49 per cent to Rs 4,193 per quintal in futures trade Monday after speculators created huge positions amid a firm trend at spot markets on rising demand. Fresh enquiries from dal mills too supported the upmove. At the National Commodity and Derivatives Exchange, chana for delivery in December rose by Rs 102, or 2.49 per cent, to Rs 4,193 per quintal with an open interest of 46,170 lots. Likewise, the commodity for delivery in November traded higher by Rs 100, or 2.47 per cent to Rs 4,144 per quintal in 27,390 lots. Analysts said speculative positions built up by participants following strong demand in the physical markets against tight stocks, mainly lifted chana prices higher.

Future Consumer reports consolidated net loss of Rs 3.23 crore in the September 2018 quarter

Sales rise 34.63% to Rs 1011.15 crore

Global Markets: Asian shares sell-off as risk sentiment sours, pound pares gains

SYDNEY (Reuters) - Asian stocks skidded on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war deterred investment in riskier assets, while sterling briefly jumped to a two-week high on hopes of an orderly Brexit.

Magma Fincorp consolidated net profit rises 4.80% in the September 2018 quarter

Sales rise 4.83% to Rs 624.29 crore

Arrow Greentech reports consolidated net loss of Rs 4.25 crore in the September 2018 quarter

Sales decline 45.93% to Rs 7.91 crore

Arshiya reports consolidated net loss of Rs 4.07 crore in the September 2018 quarter

Sales rise 14.91% to Rs 70.44 crore

Alpa Laboratories standalone net profit declines 73.28% in the September 2018 quarter

Sales rise 2.05% to Rs 15.91 crore

BIGBLOC Construction standalone net profit declines 54.40% in the September 2018 quarter

Sales rise 44.98% to Rs 25.27 crore

Vantage Knowledge Academy reports standalone nil net profit/loss in the September 2018 quarter

Sales reported at Rs 0.04 crore

Bhagyanagar Properties standalone net profit rises 3366.67% in the September 2018 quarter

Sales rise 36.36% to Rs 0.30 crore

Five X Tradecom standalone net profit rises 545.45% in the September 2018 quarter

Sales rise 178.57% to Rs 0.39 crore

Goenka Diamond & Jewels reports standalone net loss of Rs 0.23 crore in the September 2018 quarter

Sales decline 80.50% to Rs 0.39 crore

Speciality Restaurants reports standalone net loss of Rs 2.22 crore in the September 2018 quarter

Sales rise 17.51% to Rs 84.97 crore

Future Consumer reports standalone net loss of Rs 2.03 crore in the September 2018 quarter

Sales rise 30.64% to Rs 804.90 crore

Sahyadri Industries standalone net profit rises 75.27% in the September 2018 quarter

Sales rise 7.87% to Rs 50.44 crore

Sar Auto Products standalone net profit rises 480.00% in the September 2018 quarter

Sales rise 160.75% to Rs 2.79 crore