Page 2132 - Business Finance
Minda Finance standalone net profit rises 64.29% in the September 2018 quarter
Sales rise 28.57% to Rs 0.09 crore
Aspira Pathlab & Diagnostics reports standalone net loss of Rs 1.33 crore in the September 2018 quarter
Sales rise 104.08% to Rs 2.00 crore
Quantum Build-Tech reports standalone net loss of Rs 5.26 crore in the September 2018 quarter
Sales reported at Rs 1.69 crore
Jayant Agro Organics standalone net profit rises 15.34% in the September 2018 quarter
Sales rise 0.77% to Rs 203.42 crore
Parab Infra standalone net profit declines 58.33% in the September 2018 quarter
Sales decline 66.67% to Rs 0.08 crore
Calcom Vision standalone net profit rises 43.33% in the September 2018 quarter
Sales rise 105.83% to Rs 14.12 crore
TGV Sraac standalone net profit rises 6.83% in the September 2018 quarter
Sales rise 19.25% to Rs 291.42 crore
IFB Agro Industries standalone net profit rises 0.26% in the September 2018 quarter
Sales decline 3.70% to Rs 282.65 crore
Jayant Agro Organics consolidated net profit declines 3.80% in the September 2018 quarter
Sales decline 7.88% to Rs 561.51 crore
Sintex Industries consolidated net profit rises 69.65% in the September 2018 quarter
Sales rise 24.71% to Rs 907.17 crore
Mayur Floorings reports standalone net profit of Rs 0.01 crore in the September 2018 quarter
Sales rise 30.43% to Rs 0.60 crore
Crestchem reports standalone net loss of Rs 0.02 crore in the September 2018 quarter
Sales decline 66.67% to Rs 0.01 crore
Sintex Industries standalone net profit rises 34.28% in the September 2018 quarter
Sales rise 64.67% to Rs 758.56 crore
Are Southeast Asia and India already in a bear market?
A saying goes that if Wall Street (or America) sneezes, the rest of the world catches a cold.Well, Wall Street hasn't really sneezed this year. That is until last week.Traditionally, Asian markets track the performance of the US markets. However, most of the Asian markets went on a different trajectory for most of this year. With a couple of exception including India and Japan, the Asian markets peaked in the early part of this year and then gradually petered out. In the meantime, the Dow, S&P 500 and Nasdaq continued to hit all-time highs with the Dow reaching its year closing high of 26,828.39 on October 3 and the Nasdaq 8,109.69 on August 29.Up until last week, in spite of ominous economic signs of rising interest rates and the US-China trade dispute, investors in the US market were still upbeat, saying that the market was trading higher than at the start of the year. That changed when the Dow fell 1.2 per cent on Friday to close the week 3.1 per cent down and 0.5 per cent ...
Petrol price plunges below Rs 80 in Delhi
The fuel prices continued to witness a downfall on Monday with petrol and diesel now being sold at Rs 79.75 and Rs 73.85 per litre in the national capital.Petrol and diesel witnessed a decrease of 30 and 20 paise respectively in Delhi as compared to the Sunday prices.Meanwhile, in Mumbai, the fuel prices witnessed a marginal decline with petrol now being sold at Rs 85.24 per litre (decrease by 30 paise) and diesel is priced at Rs 77.40 per litre (decrease by 21 paise).Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the common commuter's pocket.Looking at this, Union Finance Minister Arun Jaitley 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. He further urged the state governments to reduce the same amount from their end.
Industrialist makes Rs 1.2 crore donation to Balaji temple
A Hyderabad-based industrialist today made an offering of Rs 1.28 crore to the famous hill shrine of Lord Venkateswara at nearby Tirumala with a request to utilise it for the free meal scheme. BVVSN Raju, Director of Max Infra India Private Limited, handed over a demand draft for the amount to Joint Executive Officer of the cash-rich temple K S Srinivasa Raju, Public Relations Officer of Tirumala Tirupati Devasthanams (TTD), which manages the shrine, T Ravi told PTI. He requested TTD to utilise the fund for the TTD-run free meal trust - Sri Venkateswara Annaprasadam Trust, he added. Raju earlier offered prayers at the temple. "On an average, about one lakh meals are served free of cost daily to devotees visiting the shrine by making use of the interest earned on deposits to the tune of more than Rs 1,000 crore received as donations from philanthropists," the PRO said.
Petrol, diesel prices continue to fall as global crude rates ease
State-run oil marketing companies continued to cut the prices of key domestic transport fuels -- petrol and diesel -- well into the second week on Sunday on lower global crude oil prices.
France will ask auto makers to fund new car trade-in payments
PARIS (Reuters) - France will ask carmakers on Monday to help fund an expanded trade-in programme to get older, polluting cars off the road with incentives for new ones, the French finance minister told daily Le Parisien on Sunday.
One97 Communications widens net loss to Rs 1490.4 cr
Paytm's parent company One97 Communications has reported a higher net loss of Rs 1,490.4 crore for the year ended on March 31, 2018, compared to Rs 879.6 crore in the previous fiscal, according to regulatory filings. One97 Communications' revenues from operations, however, grew manifold to Rs 2,987.41 crore in FY2017-18 as against Rs 624.76 crore in FY2016-17, according to the company's filings to the Corporate Affairs Ministry provided by business intelligent platform Tofler. Its employee benefits expenses during the fiscal under review were at Rs 540 crore. The filing stated that the company has a number of subsidiaries including Paytm Entertainment, Paytm Money, Mobiquest Mobile Technologies, Little Internet, Xceed IT Solution, Nearbuy India and Acumen Game Entertainment among others. A separate filing of Paytm E-commerce -- which operates as Paytm Mall -- showed that Paytm's e-commerce venture had registered a net loss of Rs 1,787.55 crore in FY2017-18 as against a loss of Rs ...
Hammond warns Brexit rebels not to risk easing of austerity
LONDON (Reuters) - British finance minister Philip Hammond warned rebels in his Conservative Party that he would have to quickly reverse plans to ease nearly a decade of austerity if London fails to get a Brexit deal.