Page 2115 - Business Finance
Sony hikes annual profit outlook to record after robust second-quarter profits
TOKYO (Reuters) - Sony Corp lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered by popular game titles as well as growing demand for its online gaming services.
China to release new rules to further increase lending to smaller firms
BEIJING (Reuters) - China's banking and insurance regulator will soon release new rules to further boost financing to small and medium-sized companies, it said in a press release circulated ahead of a media briefing.
French third-quarter economic growth picks up, but weaker than expected at 0.4 percent
PARIS (Reuters) - French economic growth picked up in the third quarter, albeit not as much as expected despite a rebound in consumer spending and a stronger business investment, according to data from the INSEE official statistics agency.
India in dire need of long-term growth strategy (Column: Active Voice)
The 2019 general election is now just months away. This means that the time for any significant change on the ground has passed as the government will soon get into campaign mode.
Nifty, Sensex erase early gains, energy stocks weigh
(Reuters) - Indian shares gave up early gains to trade slightly lower on Tuesday, with falls in energy stocks outweighing gains in the IT sector and an extended rally in public sector banks driven by corporate earnings optimism.
BPCL to shut crude unit at Kochi refinery for 3 weeks from Dec. 1
NEW DELHI (Reuters) - India's state-run Bharat Petroleum Corp will shut a 120,000 barrels per day (bpd) crude unit and some secondary units at its Kochi refinery for about three weeks from early December for maintenance, its head of refineries said.
Union Bank of India leads gainers in 'A' group
Oriental Bank of Commerce, Dewan Housing Finance Corporation Ltd, Indian Bank and Reliance Communications Ltd are among the other gainers in the BSE's 'A' group today, 30 October 2018.
Sony hikes annual profit outlook to record after second-quarter profit jump
TOKYO (Reuters) - Sony Corp on Tuesday reported a 17 percent increase in second-quarter operating profit thanks to a strong performance from its gaming business and lifted its full-year earnings outlook to a record level.
HSIL slides after dismal Q2 earnings
HSIL lost 3.62% to Rs 227.75 at 11:09 IST on BSE after net profit dropped 80.13% to Rs 4.67 crore on 17.22% growth in net sales to Rs 622.65 crore in Q2 September 2018 over Q2 September 2017.
Brent crude prices dip on rising supply, global market woes
SINGAPORE (Reuters) - Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on Iran's crude exports.
China's securities regulator to enhance market liquidity, encourage share buybacks
SHANGHAI (Reuters) - China's securities regulator will encourage share buybacks and mergers & acquisitions by listed firms, it said in a statement on Tuesday responding to market concerns about recent sharp moves in markets.
Volumes spurt at Inox Leisure Ltd counter
Inox Leisure Ltd registered volume of 2.51 lakh shares by 10:47 IST on BSE, a 27.53 fold spurt over two-week average daily volume of 9128 shares
Strong market breadth
Key equity indices bounced back from the day's low in morning trade, backed by strength in IT shares. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 99.52 points or 0.29% at 34,166.92. The Nifty 50 index was up 27 points or 0.26% at 10,277.85. The Sensex regained the 34,000 mark after slipping below that level in early trade.
Just Dial surges after robust Q2 outcome
Just Dial advanced 7.12% to Rs 488.30 at 10:19 IST on BSE after net profit rose 29.15% to Rs 48.38 crore on 11.62% rise in total income to Rs 239.44 crore in Q2 September 2018 over in Q2 September 2017.
Board of Tulsyan NEC approves change in company secretary
At meeting held on 29 October 2018
Tanla Solutions appoints Senior Advisor and Mentor for its growth strategy
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Global Markets: Asian stocks on edge over escalation in U.S.-China trade tensions
TOKYO (Reuters) - Asia shares recouped early losses and crept higher on Tuesday as China made a fresh attempt to stabilise its stock markets, but the gains looked fragile amid fears of a sharp escalation in the U.S.-China trade war.
HPL Electric & Power consolidated net profit rises 26.21% in the September 2018 quarter
Sales rise 27.79% to Rs 286.49 crore
Chennai Petroleum Corporation consolidated net profit declines 92.50% in the September 2018 quarter
Sales rise 60.96% to Rs 12004.06 crore
Transcorp International reports standalone net loss of Rs 1.25 crore in the September 2018 quarter
Sales rise 112.91% to Rs 368.27 crore