Page 2088 - Business Finance
Coral Laboratories standalone net profit declines 13.91% in the September 2018 quarter
Sales decline 8.98% to Rs 25.65 crore
Sukhjit Starch & Chemicals standalone net profit rises 54.88% in the September 2018 quarter
Sales rise 8.36% to Rs 175.31 crore
Specular Marketing & Financing reports standalone net loss of Rs 0.01 crore in the September 2018 quarter
Reported sales nil
Computer Point standalone net profit declines 52.94% in the September 2018 quarter
Sales rise 2775.00% to Rs 1.15 crore
Hindusthan Urban Infrastructure reports standalone net profit of Rs 0.89 crore in the September 2018 quarter
Sales rise 4.29% to Rs 161.63 crore
Prism Johnson reports standalone net profit of Rs 7.04 crore in the September 2018 quarter
Sales rise 14.47% to Rs 1330.69 crore
Srikalahasthi Pipes standalone net profit declines 10.52% in the September 2018 quarter
Sales rise 20.85% to Rs 437.76 crore
Dabur India standalone net profit rises 8.42% in the September 2018 quarter
Sales rise 8.53% to Rs 1537.20 crore
Sanwaria Consumer standalone net profit rises 104.70% in the September 2018 quarter
Sales rise 5.84% to Rs 1292.78 crore
Strides Pharma Science reports consolidated net loss of Rs 8.70 crore in the September 2018 quarter
Sales decline 4.69% to Rs 732.63 crore
Strides Pharma Science reports standalone net loss of Rs 14.30 crore in the September 2018 quarter
Sales decline 6.39% to Rs 338.43 crore
Mahanivesh (India) reports standalone nil net profit/loss in the September 2018 quarter
Sales decline 99.80% to Rs 0.02 crore
Lupin second-quarter profit dives as U.S. sales, higher expenses weigh
(Reuters) - Lupin Ltd, India's second-largest drugmaker by revenue, posted a lower-than-expected second-quarter profit on Wednesday, as sales in the United States - a key market - dropped and overall manufacturing costs rose.
Siemens goes back to its roots with 600 million euro Berlin investment
ZURICH (Reuters) - Siemens went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital.
Pak, China relations a 'model of state-to-state ties': Qureshi
Ahead of Prime Minister Imran Khan's first visit to China, Pakistan Foreign Minister Shah Mahmood Qureshi on Wednesday said the relations between the two nations is a "model of state-to-state ties" and the CPEC projects have given an important socio-economic development dimension to their friendship. Khan, accompanied by Qureshi, will lead a delegation from November 2-5 to China for talks with President Xi Jinping amid anxieties in Beijing over his government's approach to deal with the USD 60 billion China-Pakistan Economic Corridor (CPEC) following reports about Islamabad downsizing certain projects. Khan's trip to Beijing comes ahead of a visit to Islamabad by International Monetary Fund officials on November 7 for formal discussions on a bailout package for the cash-strapped country. Qureshi chaired a preparatory meeting for Khan's visit via video conference with the Ambassador of Pakistan in Beijing, Masood Khalid. "The two countries are close friends, good neighbours and ...
Suryaamba Spinning Mills gets affirmation of long term issuer rating
From India Ratings & Research
Government stresses RBI has autonomy as markets tumble
NEW DELHI/MUMBAI (Reuters) - The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is "essential" as it sought to calm investors worried about a growing public quarrel with the central bank.
Madras HC stays online sale of medicines
The Madras High Court Wednesday granted interim injunction restraining online sale of medicines till November 9. Justice R Mahadevan passed the interim order on a plea moved by the Chennai-based Tamil Nadu Chemists & Druggists Association seeking a direction to authorities concerned to block links of websites that selling medicines online. The court directed the Centre to file a counter and posted the matter for further hearing to November 9. According to the association, though online shopping might be convenient to consumers, purchasing medicines from unlicensed online stores can be risky as they may sell fake, expired, contaminated, unapproved drugs or otherwise unsafe products that are dangerous to patients and which might put their health at risk. Moreover, laws for pharmacies in India are derived from Drugs and Cosmetics Act, 1940, Drugs and Cosmetics Rule, 1945 and Pharmacy Act, 1948. These laws were written prior to arrival of computers and India does not have any concrete
Lupin second-quarter profit falls, misses estimates
(Reuters) - Lupin Ltd, India's second-largest drugmaker by revenue, posted a 41.5 percent fall in second-quarter profit on Wednesday, hurt by higher expenses.
Airbus says tougher to meet jet delivery goal after snags
PARIS (Reuters) - European planemaker Airbus softened its key target for jet deliveries on Wednesday and warned that reaching it would be a "greater stretch" after a sequence of industrial problems.