Page 2249 - Business Finance
Volumes spurt at KRBL Ltd counter
KRBL Ltd notched up volume of 20.65 lakh shares by 14:14 IST on NSE, a 18.93 fold spurt over two-week average daily volume of 1.09 lakh shares
Dish TV India Ltd eases for fifth straight session
The stock is quoting at Rs 51.75, down 3% on the day as on 13:19 IST on the NSE. Dish TV India Ltd tumbled 28.03% in last one year as compared to a 3.5% rally in NIFTY and a 12.75% fall in the Nifty Media index.
Biocon Ltd up for third consecutive session
The stock is quoting at Rs 644.3, up 2.45% on the day as on 12:49 IST on the NSE. Biocon Ltd is up 68.64% in last one year as compared to a 3.72% jump in NIFTY and a 2.04% jump in the Nifty Pharma index.
HCL Technologies Ltd soars 2.6%, rises for third straight session
The stock is quoting at Rs 1029.5, up 2.6% on the day as on 12:49 IST on the NSE. HCL Technologies Ltd is up 11.45% in last one year as compared to a 3.72% gain in NIFTY and a 37.89% gain in the Nifty IT index.
Cineline India Ltd leads gainers in 'B' group
Energy Development Company Ltd, Shree Rama Newsprint Ltd, Shakti Pumps (India) Ltd and Essar Shipping Ltd are among the other gainers in the BSE's 'B' group today, 17 October 2018.
Jammu and Kashmir Bank Ltd leads gainers in 'A' group
MOIL Ltd, Graphite India Ltd, Deepak Fertilizers & Petrochemicals Corp Ltd and Lakshmi Machine Works Ltd are among the other gainers in the BSE's 'A' group today, 17 October 2018.
Hero MotoCorp trades flat after Q2 results
Shares of Hero MotoCorp were almost flat at Rs 2,900 at 11:01 IST on BSE.
Volumes soar at Gujarat Fluorochemicals Ltd counter
Gujarat Fluorochemicals Ltd clocked volume of 3.58 lakh shares by 10:48 IST on BSE, a 32.36 times surge over two-week average daily volume of 11052 shares
Infosys gains after decent Q2 earnings
Shares of Infosys were up 1.94% at Rs 709.90 at 10:47 IST on BSE.
Kellton Tech Solutions Ltd Spurts 7.36%, S&P BSE IT Sector index Rises 1.63%
Kellton Tech Solutions Ltd has lost 14.63% over last one month compared to 5.14% fall in S&P BSE IT Sector index and 5.49% drop in the SENSEX
Axis Bank raises USD 50 million thru issue of 3.25% Notes due 2020
Under GMTN programme
Relief for UK consumers as inflation drops more than expected
LONDON (Reuters) - British inflation fell more than expected in September to a three-month low, offering some relief to consumers who have been squeezed financially since the Brexit vote.
U.S. oil service firms face tough quarter despite high crude prices
HOUSTON (Reuters) - Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
Honda Activa crosses 2 crore volume mark
Honda Motorcycle & Scooter India's (HMSI) flagship Activa brand of automatic scooters has crossed 2 crore-customer-mark, the second largest two-wheeler maker said Wednesday. Activa, which pushed Hero Motorcop's flagship Splendor to second position in May 2017, has retained top spot as largest selling two-wheeler brand in the country. It is also the largest selling two-wheeler globally. "We've booked our 20 millionth (2 crore) Activa customer today (Wednesday). While it has taken us 15 years to get the first 10 millionth customer, we have achieved the second 10 millionth customer in just three years," the company said in a statement. HMSI, which runs the world's largest scooter-only plant at Vithalapur in Gujarat with a 1.2 million annual capacity recently announced an additional 0.6 million capacity expansion there to meet the growing demand for automatic scooters. Contributing over 33 per cent of global volume for the parent Honda, HMSI is the largest volume ...
Sang Froid Labs (India) receives license for wholesale drugs
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India must promote gender parity and push exports to grow at 9-10% annually for next 30 years or more: NITI Aayog CEO
While India has focussed on innovation, infrastructure, structural reforms and ease of doing business but a lot of work still needs to be done on gender parity and exports and ensuring that India has growth with equity, said Mr Kant while addressing 98th Annual Session of The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Interest Rates On General Provident Fund Raised By 0.4%
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NIIT Technologies Q2 FY2019 PAT up 66.3% YoY
/ -- Revenues grow 10% QoQ NIIT Technologies Limited (NSE: NIITTECH), a leading global IT solutions organization, today announced its financial results for Q2 FY2019 resulting in revenues of ?907.4 Crores, operating profits at ?163.4 Crores and net profits at ?111.8 Crores. (Logo: https://mma.prnewswire.com/media/537635/NIIT_Tech_Logo.jpg ) Q2 Highlights: Robust revenue growth -- Revenues up 23.1% YoY and 10.0% QoQ Strong improvement in Operating Profits, by 37.2% YoY and 25.1% QoQ Operating Margins expand by 186 bps YoY and 217 bps QoQ Fresh Order Intake expands to USD 160 Mn Consolidated revenue for the quarter grew 23.1 % over the same period last year and 10.0% sequentially to 907.4 Crores. Operating profits at 163.4 Crore represented a growth of 37.2% over the same period last year and 25.1% sequentially. Profit after Tax represents a growth of 66.3% YoY to 111.8 Crores. Table below provides a summary of quarter performance. Particulars Qtr. Ended Qtr. Ended Growth Qtr. ended ..
World stocks extend rise after blockbuster U.S. earnings
LONDON (Reuters) - Forecast-beating U.S. company earnings improved the mood on world equity markets on Wednesday, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street's best one-day rise in eight months.
Netflix surges on user gains, strong profits
Netflix reported Tuesday a strong jump in profits and better-than-expected growth in users in the past quarter, sparking a rally in shares of the streaming television market leader. Netflix said it gained almost seven million new users worldwide, to bring its total membership to more than 137 million. Profit in the quarter more than tripled from a year ago to USD 403 million while revenues grew 34 per cent to USD 4 billion. Investors pushed up Netflix shares by 12 per cent in after-hours trade, following a disappointing second-quarter report that sent the stock reeling. "Our broad slate of original programming helped drive a solid quarter of growth," Netflix said in a letter to shareholders. The Silicon Valley company has been ramping up its investment in original programming as it faces increased competition from rivals like Hulu and Amazon, and traditional media firms begin to enter the market for streaming and limit content to outside parties. "We've come a long way in the five ...