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Page 2130 - Business Finance

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Updated On : 29 Oct 2018 | 12:16 PM IST

Sankhya Infotech appoints company secretary

With effect from 01 October 2018

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Updated On : 29 Oct 2018 | 12:16 PM IST

CII joins WhatsApp to train SMEs across India

The Confederation of Indian Industry (CII) on Monday announced that it would work with WhatsApp to educate and train small and medium enterprises (SMEs) on how WhatsApp Business app can help them grow their businesses.

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Updated On : 29 Oct 2018 | 12:05 PM IST

Divis Laboratories Ltd leads gainers in 'A' group

ICICI Bank Ltd, Union Bank of India, Raymond Ltd and Oriental Bank of Commerce are among the other gainers in the BSE's 'A' group today, 29 October 2018.

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Updated On : 29 Oct 2018 | 12:04 PM IST

BCL Industries to supply 2.50 cr litres of ethanol

During period 01 December 2018 to 30 November 2019

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Updated On : 29 Oct 2018 | 12:04 PM IST

Bengaluru Sheds Maximum Unsold Housing Stock in a Year - ANAROCK Report

/ -- Housing sales increase by 32% in a year, highest amongst the top cities Unsold housing stock declined by 32% Maximum new supply in the ?40 lakh - ?80 lakh budget range Bengaluru's real estate market has outperformed all other cities in terms of shedding unsold housing inventory, says the latest report by ANAROCK Property Consultants. The report, released at ACETCH 2018 in Bengaluru last Friday, confirms that Bengaluru saw a remarkable decline of 25% in the total unsold stock across the top cities. (Logo: https://mma.prnewswire.com/media/701435/ANAROCK_Logo.jpg ) The report studies Bengaluru's residential real estate trends since 2013, factoring in the city's evolution in terms of infrastructure development, transport and connectivity. Given the ever-escalating challenges the city faces on these fronts, a marked preference for walk-to-work options by homebuyers has become evident. That said, Bengaluru's overall market profile retains most of its sheen thanks to its highly ...

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Updated On : 29 Oct 2018 | 12:00 PM IST

Oil falls as investors wary of trade slowdown

SINGAPORE (Reuters) - Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia's emerging economies.

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Updated On : 29 Oct 2018 | 11:55 AM IST

ICICI Bank shares soar over 9% post Q2 results

Shares of ICICI Bank Monday brushed aside the September quarter earnings outcome and surged over 9 per cent. After a positive opening, shares of the company further soared 9.18 per cent to Rs 344 on BSE. At NSE, shares of the company zoomed 9 per cent to Rs 344.35. The stock was the top gainer among the blue chips on both the key indices during the morning trade. ICICI Bank Friday reported a 42 per cent drop in its consolidated net profit to Rs 1,204.62 crore in the September 2018 quarter, on account of rise in bad loans. The country's largest private sector lender had posted a consolidated net profit of Rs 2,071.38 crore in the corresponding quarter a year ago, the bank said in a regulatory filing. However, total income of the bank on a consolidated basis rose to Rs 31,914.82 crore as against Rs 30,190.54 crore a year ago. On a standalone basis, its net profit fell by 56 per cent to Rs 908.88 crore in the said quarter as against Rs 2,058.19 crore in July-September 2017. Asset quality

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Updated On : 29 Oct 2018 | 11:55 AM IST

Britain faces pre-Brexit budget battle

Britain's finance minister will try to navigate a political minefield Monday when he unveils a budget that could be scuppered by the final terms of Brexit next year. Philip Hammond's appearance in parliament was moved forward a month to give lawmakers a chance to consider it quickly and then focus on legislation needed to get Britain safely out of the European Union in March. London and Brussels remain locked in negotiations and it is still uncertain whether Prime Minister Theresa May can get an eventual deal with the EU backed by lawmakers. The spending plan that emerges from Hammond's red briefcase will be studied warily by May's ruling coalition partners from Northern Ireland's Democratic Unionist Party. The small group is a kingmaker that could yet sink both the draft agreement with Brussels and May's government in protest over the emerging outlines of a Brexit deal. This level of uncertainty forced Hammond to admit Sunday that "frankly, we'd need to have a new budget that sets ...

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Updated On : 29 Oct 2018 | 11:55 AM IST

ICICI Bank jumps after declaring Q2 result

ICICI Bank surged 8.62% to Rs 342.20 at 11:16 IST on BSE after the bank declared Q2 result after market hours on Friday, 26 October 2018.

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Updated On : 29 Oct 2018 | 11:50 AM IST
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Updated On : 29 Oct 2018 | 11:50 AM IST

HSBC reins in costs to post 28 percent jump in third-quarter profit, beating forecasts

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc's renewed push to rein in costs and boost its share of business in the mainstay Asian region helped the lender post a better-than-expected 28 percent rise in third-quarter profit, sending its shares sharply higher on Monday.

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Updated On : 29 Oct 2018 | 11:25 AM IST

Value buying lifts equity indices; healthcare stocks rise

Value buying along with low crude oil prices and a strong rupee lifted the key domestic equity indices to trade on a positive note during Monday's morning trade session.

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Updated On : 29 Oct 2018 | 11:25 AM IST

Deepak Nitrite Demonstrates Healthy Performance in Q2 and H1 FY2019

/ -- - Revenue at Rs. 433.0 crore Vs. Rs. 356.2 crore in Q2 FY18, up by 22% - EBITDA at Rs. 68.9 crore Vs. Rs. 53.8 crore in Q2 FY18, growth of 28% - PAT at Rs. 28.1 crore Vs. Rs. 22.7 crore in Q2 FY18, higher by 23.7% - Greenfield Project of Phenol and Acetone to commence commercial production shortly Ranked among Fortune 500 and recognized among the top 25 wealth creators by Fortune Magazine, India, Deepak Nitrite (NSE: DEEPAKNTR) (BSE: 506401) is acknowledged as one of the country's fastest growing chemical companies. It has a diversified portfolio of intermediates that cater to the dyes and pigments, agrochemical, pharmaceutical, plastics, textiles, paper, home and personal care segments in India and abroad. Its products are manufactured across 5 locations which are all accredited by Responsible Care. Deepak Nitrite Limited has announced its standalone financial results for the quarter and half-year ended September 30, 2018. The Company has reported sustained growth momentum due ..

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Updated On : 29 Oct 2018 | 11:15 AM IST

Hitachi Chemical in second falsification scandal this year, shares slide

TOKYO (Reuters) - Hitachi Chemical Co has told customers it falsified inspections for material used to encapsulate semiconductors, an industry source familiar with the matter said - the firm's second compliance failing this year and the latest in a run of such scandals at Japanese firms.

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Updated On : 29 Oct 2018 | 11:05 AM IST

Volumes jump at Kwality Ltd counter

Kwality Ltd witnessed volume of 72.99 lakh shares by 10:47 IST on BSE, a 38.36 times surge over two-week average daily volume of 1.90 lakh shares

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Updated On : 29 Oct 2018 | 11:04 AM IST

Oriental Aromatics gains after split, bonus proposal

Oriental Aromatics rose 2.82% to Rs 915 at 10:41 IST on BSE after the company's board of directors approved sub-division and bonus issue of equity shares.

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Updated On : 29 Oct 2018 | 11:04 AM IST

Board of Punj Lloyd announces change in directorate

At meeting held on 27 October 2018

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Updated On : 29 Oct 2018 | 11:04 AM IST

Focus: To make more Ram trucks, Fiat Chrysler reconsiders Mexico

AUBURN HILLS, Mich. (Reuters) - Fiat Chrysler Automobiles NV's new CEO is tired of being No. 3 in U.S. pickup truck sales.

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Updated On : 29 Oct 2018 | 10:45 AM IST

India Cements to acquire Springway Mining

For consideration of Rs 182.89 crore

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Updated On : 29 Oct 2018 | 10:31 AM IST