Page 2038 - Business Finance
Sharp India reports standalone net loss of Rs 3.12 crore in the September 2018 quarter
Reported sales nil
Bata India standalone net profit rises 29.77% in the September 2018 quarter
Sales rise 14.68% to Rs 673.07 crore
Magadh Sugar & Energy reports standalone net loss of Rs 13.90 crore in the September 2018 quarter
Sales decline 3.56% to Rs 173.85 crore
Mukta Arts reports standalone net loss of Rs 0.18 crore in the September 2018 quarter
Sales rise 2.21% to Rs 2.77 crore
Petronet LNG standalone net profit declines 4.39% in the September 2018 quarter
Sales rise 38.29% to Rs 10745.34 crore
NTPC standalone net profit declines 0.52% in the September 2018 quarter
Sales rise 13.01% to Rs 22261.08 crore
Patidar Buildcon reports standalone nil net profit/loss in the September 2018 quarter
Sales rise 140.91% to Rs 0.53 crore
Sawaca Business Machines standalone net profit rises 13.33% in the September 2018 quarter
Reported sales nil
Dhanlaxmi Bank standalone net profit rises 100.50% in the September 2018 quarter
Total Operating Income decline 5.60% to Rs 244.64 crore
Future Enterprises reports standalone net profit of Rs 6.99 crore in the September 2018 quarter
Sales rise 9.28% to Rs 1213.74 crore
Madhusudan Industries reports standalone net loss of Rs 0.13 crore in the September 2018 quarter
Sales rise 7.41% to Rs 0.29 crore
Procter & Gamble Hygiene and Health Care standalone net profit rises 24.71% in the September 2018 quarter
Sales rise 20.41% to Rs 791.80 crore
Manugraph India reports standalone net loss of Rs 3.95 crore in the September 2018 quarter
Sales rise 126.11% to Rs 54.38 crore
Hindalco Industries standalone net profit declines 21.44% in the September 2018 quarter
Sales rise 5.04% to Rs 10833.02 crore
Sensex reclaims 35,000 level amid broader market rally
The market climbed on Friday in line with global stocks as crude prices fell and the rupee extended gains to touch a one-month high. Global shares rose on hopes of a trade agreement between China and the United States. The Sensex ended above the psychologically important 35,000 mark after moving above and below that level in intraday trade. Weakness in IT shares capped gains.
Quick Wrap: Nifty Auto Index records a surge of 4.15%, NIFTY climbs 1.66%
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Trump tweet, report of draft trade deal send Asia markets soaring
Asian markets enjoyed another rally on Friday after Donald Trump hailed positive talks with Chinese President Xi Jinping and a report said he had asked officials to draw up a draft bill as he eyes a potential trade deal between the two. Hong Kong jumped more than four percent, while Shanghai and the yuan soared as dealers seized on the news, hoping for a breakthrough in a standoff that has rocked global equities and fuelled warnings about global growth. The gains follow a third straight advance on Wall Street as a sense of optimism returns after a diabolical October, with riskier, higher-yielding currencies enjoying a bounce against the dollar, and the pound holding on to most gains. The day had already started with a bang after Trump tweeted that he had held positive talks with Xi, which was a rare sign of hope in the months-long stand-off between the world's top two economies. "Just had a long and very good conversation with President Xi Jinping of China. We talked about many ...
Exclusive: Mastercard lodged U.S. protest over Modi's promotion of Indian card network RuPay
NEW DELHI (Reuters) - Mastercard told the United States government in June that Prime Minister Narendra Modi was using nationalism to promote the use of domestic payments network RuPay, and New Delhi's protectionist policies were hurting foreign payment companies, a document seen by Reuters showed.
Nifty, Sensex clock biggest weekly gain since mid-2016; rupee sees best day in 5 years
(Reuters) - Indian shares climbed on Friday and clocked their best weekly gain in nearly two-and-a-half years, as the rupee rose the most in more than five years and as crude prices softened.
AYUSH ministry aims to triple market share of its medicines, services
The AYUSH ministry has set a goal to triple the market share of its medicines and services in the next five years to USD 10 billion, a senior official said Friday. According to a recent study by the Confederation of Indian Industry (CII), the current market share of AYUSH medicines is USD 3 billion, AYUSH Secretary Vaidya Rajesh Kotecha said. "We are looking at increasing it to USD 10 billion," he added. Kotecha said the ministry is taking initiatives to popularise Ayurveda in India and overseas. Speaking at a programme organised by CII, he said there has been a growth of 15.38 per cent in the number of patients treated with traditional medicine systems through AYUSH hospitals and dispensaries. "Due to the resurgence in the global demand for AYUSH and herbal products, the total value of export of such products has increased to form USD 354.68 million in the year 2014-15 to USD 401.68 million in the year 2016-17 in the global market," he said. The official said more than 75 per cent of