Page 2028 - Business Finance
Sanghvi Movers reports standalone net loss of Rs 13.23 crore in the September 2018 quarter
Sales rise 44.95% to Rs 57.53 crore
Kamat Hotels (India) standalone net profit declines 79.07% in the September 2018 quarter
Sales rise 19.26% to Rs 41.79 crore
Neuland Laboratories standalone net profit rises 83.33% in the September 2018 quarter
Sales rise 29.89% to Rs 168.74 crore
Aarti Drugs reports standalone net profit of Rs 18.03 crore in the September 2018 quarter
Sales rise 10.86% to Rs 319.51 crore
Shalimar Productions reports standalone net profit of Rs 0.04 crore in the September 2018 quarter
Sales reported at Rs 4.85 crore
Shah Foods standalone net profit rises 200.00% in the September 2018 quarter
Sales rise 17.80% to Rs 1.39 crore
Kirloskar Pneumatic Company reports standalone net profit of Rs 17.84 crore in the September 2018 quarter
Sales rise 118.39% to Rs 190.41 crore
India will soon be world's 3rd biggest economy: Jaitley
Union Finance Minister Arun Jaitley on Friday stated that he hoped the Indian economy will soon be one of the top three largest economies in the world.Speaking at the launch of the Support and Outreach Programme for the Micro, Small and Medium Enterprises (MSME) sector here, the Finance Minister hailed the economic contributions of the MSMEs, saying that 6.5 crore MSME units are providing employment to as many as 11 crore Indians.Jaitley further stated that India will continue as the fastest growing economy in the coming years and the size of the economy will grow further.He said that prior to the Bharatiya Janata Party (BJP)-led government being instated in 2014, India was the ninth biggest economy and now it is ranked sixth, adding that he hoped India will break into the top three economies of the world soon.The government is specifically focusing on tackling the challenges in the MSME sector, Jaitley informed.He further informed that the government is saving as much as Rs 90 ...
Fuel prices continue to tumble on Saturday
Fuel prices continue to witness a downfall on Saturday, with petrol and diesel now being sold at Rs 78.99 and Rs 73.53 per litre respectively in the national capital.Compared to Friday, petrol and diesel prices witnessed a decrease of 19 and 11 paise respectively in Delhi.Meanwhile, in Mumbai, petrol and diesel are retailed at Rs 84.49 per litre (decrease by 19 paise) and Rs 77.06 per litre (decrease by 12 paise) respectively.Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the common commuter's pocket.In this regard, Union Finance Minister Arun Jaitley had on October 4 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre and urged respective state governments to slash the same amount at their end.
Wall Street snaps three-day rally as Apple falls, trade optimism fades
NEW YORK (Reuters) - U.S. stocks snapped a three-day rally on Friday as Apple shares dropped following a disappointing forecast and the White House dampened optimism over U.S.-China trade talks.
U.S. securities regulator subpoenas Tesla on Model 3 production estimates
SAN FRANCISCO (Reuters) - Tesla Inc said on Friday it had received a subpoena from the U.S. Securities and Exchange Commission over forecasts it made about Model 3 production in 2017, a set of targets the electric vehicle company failed to hit on time.
Stock gains curtailed, with U.S. lower, on report U.S.-China trade deal not imminent
NEW YORK (Reuters) - Concerns that a trade deal between the United States and China may not be imminent reined in a rally in world equity markets and reversed gains on Wall Street on Friday, while strong U.S. wage growth boosted U.S. bond yields.
Oil drops 1 pct as U.S. allows Iran sanctions waivers
NEW YORK (Reuters) - Oil prices fell about 1 percent on Friday and notched a weekly loss of over 6 percent, as investors worried about oversupply after the United States said it will temporarily spare eight jurisdictions from Iran-related sanctions.
Wall Street reverses three-day rally as Apple falls, trade optimism fades
NEW YORK (Reuters) - U.S. stocks were on track to snap a three-day rally on Friday after White House economic adviser Larry Kudlow weakened optimism over U.S.-China trade talks and as Apple shares dropped following a disappointing forecast.
British banks Barclays, Lloyds shock in EU health check
LONDON (Reuters) - Britain's Barclays and Lloyds were the surprise laggards in a European Union "stress test", alongside Italian lender Banco BPM , which was more widely expected to struggle in the health check.
SAIL reports Q2 standalone net profit of Rs 553.69 cr
The Steel Authority of India Ltd (SAIL) on Friday reported a standalone profit after tax of Rs 553.69 crore for the second quarter of 2018-19.
Tatas planning steel plant in Gadchiroli: Gadkari
Union Minister Nitin Gadkari said Friday that the Tata group is planning to set up a steel plant in Gadchiroli district in Vidarbha region of Maharashtra. Addressing Indo-French Conclave here, he said Gadchiroli with its iron ore and other mineral deposits has tremendous potential for industry. He also informed the gathering about huge potential of the Vidarbha region for trade and industry.
Wall Street snaps three-day rally as Apple falls, trade hopes fade
(Reuters) - U.S. stocks fell for the first time in four days on Friday after White House economic adviser Larry Kudlow deflated optimism over Sino-U.S. trade talks and as Apple dragged technology stocks lower following a disappointing forecast.
Gold dips as U.S. dollar gains on solid jobs data
(Reuters) - Gold slipped on Friday as the U.S. dollar regained some ground on the back of strong American jobs data, putting the metal on track for its first weekly loss in five weeks.
Oil drops 1 percent as U.S. allows Iran sanctions waivers
NEW YORK (Reuters) - Oil prices fell about 1 percent on Friday, heading for a weekly loss of over 6 percent, as investors worried about oversupply when the United States said it will temporarily spare eight jurisdictions from Iran-related sanctions.