Page 2136 - Business Finance
Microsoft completes $7.5 bn acquisition of GitHub
Microsoft has closed its $7.5 billion acquisition of GitHub, a leading software development platform which brings more than 31 million developers to create, collaborate, share and build on each other's work.
Gold prices subdued on global cues, low demand
Falling for the second straight day, gold prices drifted lower by Rs 40 to Rs 32,550 per 10 grams at the bullion market Saturday amid tepid demand from local jewellers and a weak trend overseas. Silver, however, recovered by Rs 100 to Rs 39,600 per kg on back of increased offtake by industrial units. Traders said apart from a weak trend overseas, fall in demand from local jewellers and retailers at the domestic spot markets kept the prices of the precious metal lower. Globally, gold eased to USD 1,233.80 an ounce in New York Friday. In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 40 each to Rs 32,550 and Rs 32,400 per 10 grams respectively. It had lost Rs 35 on Friday. Sovereign gold, also weakened by Rs 100 to Rs 24,700 per piece of eight grams. On the other hand, silver ready staged a comeback by rising Rs 100 to Rs 39,600 per kg, while silver weekly based delivery fell by Rs 50 to Rs 38,710 per kg. Silver coins, however, were unaltered at Rs ..
SagarSoft (India) standalone net profit rises 195.16% in the September 2018 quarter
Sales rise 52.22% to Rs 10.29 crore
Sunrise Industrial Traders standalone net profit rises 66.04% in the September 2018 quarter
Sales rise 75.56% to Rs 1.58 crore
Aro Granite Industries standalone net profit rises 43.24% in the September 2018 quarter
Sales decline 17.05% to Rs 41.94 crore
Mid East Portfolio Management reports standalone net loss of Rs 0.02 crore in the September 2018 quarter
Reported sales nil
Super Spinning Mills reports standalone net loss of Rs 1.03 crore in the September 2018 quarter
Sales decline 12.83% to Rs 59.93 crore
Ras Resorts & Apart Hotels reports standalone net profit of Rs 0.02 crore in the September 2018 quarter
Sales rise 67.74% to Rs 2.08 crore
Open rift between RBI, government as official warns of catastrophe
MUMBAI (Reuters) - In a sign of a mounting policy struggle between the Reserve Bank of India (RBI) and the government of Prime Minister Narendra Modi, a top bank official warned on Friday that undermining a central bank's independence could be "potentially catastrophic".
ADNOC to fill up Mangalore oil reserves in Nov: Indian officials
SINGAPORE (Reuters) - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said on Friday.
Winter essentials in Snapdeal's pre-winter Diwali mega sale
Snapdeal's 3-Day Pre-Diwali edition of its Mega Diwali Sale started on Friday and will run till 28th October.This edition of the sale focuses on the winter needs of the users and offers maximum discounts on winter specific products including geysers, heaters, blankets, snack makers, and dry fruits.Besides items that keep you warm, the sale offers special deals on anti-pollution products like nebulizers, anti-pollution masks and air purifiers, and more.With ACs being switched off across the country, the sale also has a range of AC covers to protect them from dust.For the fitness enthusiasts who cannot exercise outdoors due to the pollution, there are mega discounts on home gym sets and active wear.Intel Core i3 laptops and budget smartphones that come packed with features like face unlock are another important highlights of Snapdeal sale.Snapdeal has also launched a "Diwali Gifting" store. The special one-stop store has a range of Diwali gift sets like gold and silver plated gifts, ...
Top RBI official speaks up for central bank independence
MUMBAI (Reuters) - A top Reserve Bank of India official said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year.
RBI Dy Governor Viral Acharya pitches for independence of central bank
Reserve Bank of India (RBI) deputy governor Viral Acharya, while advocating for the independence of the central bank, said that if the government would not respect the autonomy of the bank it will incur the wrath of financial markets."Governments that do not respect central bank independence will sooner or later incur the wrath of financial markets, ignite the economic fire, and come to rue the day they undermined an important regulatory institution," he said while speaking at the AD Shroff Memorial Lecture in Mumbai on Friday.The RBI deputy governor tore into the government and said that the market can discipline the government and it can also make it pay for its transgressions.He further said that the market also forces central banks to remain accountable and independent when it is under government pressure.Pointing a cricketing analogy, the RBI deputy governor said that the government's horizon of decision making is rendered short like a T20 match."A central bank plays a Test ...
Karur Vysya Bank announces cessation of director
On 26 October 2018
Board of Syndicate Bank to consider preferential allotment to GoI
On 31 October 2018
Eros International Media consolidated net profit rises 34.43% in the September 2018 quarter
Sales rise 9.18% to Rs 292.88 crore
Moschip Semiconductor Technology reports consolidated net loss of Rs 7.06 crore in the September 2018 quarter
Sales decline 49.10% to Rs 7.33 crore
Nucleus Software Exports consolidated net profit rises 22.22% in the September 2018 quarter
Sales rise 20.95% to Rs 121.49 crore
The Investment Trust of India consolidated net profit rises 111.38% in the September 2018 quarter
Sales rise 140.94% to Rs 144.73 crore
TRF reports consolidated net loss of Rs 6.19 crore in the September 2018 quarter
Sales rise 3.50% to Rs 84.00 crore