Page 2263 - Business Finance
Emami Ltd spurts 0.03%, up for five straight sessions
The stock is quoting at Rs 447.5, up 0.03% on the day as on 12:44 IST on the NSE. Emami Ltd is down 21.79% in last one year as compared to a 3.26% gain in NIFTY and a 10% gain in the Nifty FMCG.
Marico Ltd soars 0.36%, up for fifth straight session
The stock is quoting at Rs 316.45, up 0.36% on the day as on 12:44 IST on the NSE. Marico Ltd is down 1.68% in last one year as compared to a 3.26% spurt in NIFTY and a 10% spurt in the Nifty FMCG.
Bharat Petroleum Corporation Ltd up for five straight sessions
The stock is quoting at Rs 297.65, up 0.44% on the day as on 12:44 IST on the NSE. Bharat Petroleum Corporation Ltd is down 41.95% in last one year as compared to a 3.26% gain in NIFTY and a 5.19% gain in the Nifty Energy.
Oil & Natural Gas Corpn Ltd spurts 2.44%, up for fifth straight session
The stock is quoting at Rs 164.05, up 2.44% on the day as on 12:44 IST on the NSE. Oil & Natural Gas Corpn Ltd is down 4.18% in last one year as compared to a 3.26% jump in NIFTY and a 5.19% jump in the Nifty Energy.
OPEC says India oil demand to rise by 5.8 million barrels per day by 2040
NEW DELHI (Reuters) - India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40 percent of the overall increase in global demand during the period, OPEC's secretary general said on Tuesday.
Integrated Capital Services reports consolidated net loss of Rs 0.24 crore in the September 2018 quarter
Sales decline 8.47% to Rs 0.54 crore
Monnet Ispat & Energy reports standalone net loss of Rs 2859.56 crore in the September 2018 quarter
Sales rise 32.60% to Rs 417.97 crore
Punjab & Sind Bank reviews MCLR rates
Effective 16 October 2018
Market pares intraday gains
Key barometers pared gains in early afternoon trade as profit selling emerged at higher levels. At 12:19 IST, the barometer index, the S&P BSE Sensex, was up 190.30 points or 0.55% at 35,055.40. The Nifty 50 index was up 49.70 points or 0.47% at 10,562.20. The Sensex was trading above the psychologically important 35,000 mark after opening above that level.
ICCPL posts 100 percent YoY growth in Q2
Integrated Centre for consultancy Pvt. Ltd (ICCPL), India's top public relation and digital marketing agency has posted a whopping 100% YOY growth in Q2 of FY 18-19.Integrated Centre for Consultancy Pvt. Ltd (ICCPL), is a renowned PR & Digital agency headquartered in Noida (UP) and has over 22 media centers across the country including cities like Dehradun, Chandigarh, Kolkata, Mumbai, Hyderabad, Lucknow and many more.The agency's revenue has doubled in Q2 of FY 18-19 in comparison to Q2 of the previous year. The reason attributed is 50% growth in clientele, which has come in its PR and Digital divisions, respectively.Also the agency has created a dedicated team for activation where they have been conducting annual events at retail malls like Mahagun Metro Mall, Vaishali, Ghaziabad. ICCPL's creative studio, STUDIO 360 has also seen an upsurge in number of clients. The multiple diversifications has actually helped the communication agency to post such huge growth. The agency today .
GTPL Hathway Ltd leads gainers in 'B' group
SPML Infra Ltd, Mindteck (India) Ltd, Arman Financial Services Ltd and Rupa & Company Ltd are among the other gainers in the BSE's 'B' group today, 16 October 2018.
Hertz Asia Wins Travel Weekly Asia Readers' Choice Awards for the Fourth Consecutive Year
/ -- Hertz Asia has been named the winner of the Best Car Rental Category at the 4th annual Travel Weekly Asia Readers' Choice Awards 2018. Since the commencement of the awards in 2014, Hertz has been presented the Best Car Rental accolade each year. Winners of the prestigious awards are voted upon by industry professionals across Asia Pacific and readers of Travel Weekly, which prides itself on "Saluting Brilliance" and recognising the best of the best in the travel industry. The award ceremony took place on 15th October, 2018 at Mandarin Orchard Singapore and was attended by leading industry experts and professionals. Eoin Macneill, Vice President Asia Pacific, Hertz, said: "The Hertz Asia team is extremely proud to once again be awarded the winner of the Best Car Rental Category. This accolade is a testament to the dedication of our employees, franchisees and general sales agents to make our brand recognised for superior service. To win the title for the fourth year in a row during
Global Markets: Asia stocks edge higher but Saudi tensions limit advance
TOKYO (Reuters) - Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although cooling factory-gate inflation in China and increasing tensions between Saudi Arabia and the West have capped gains.
L&T Infotech, PTC unveil IoT center of excellence in Bengaluru
IT services company Larsen & Toubro Infotech Tuesday said it has launched a centre of excellence (CoE) in Bengaluru, in alliance with US-based PTC Inc, that will design, build and showcase solutions for smart and connected enterprises. "The CoE will focus specifically on Industry 4.0 solutions in Manufacturing and Oil & Gas sectors," Larsen & Toubro Infotech said in a statement. "Our collaboration with PTC offers enterprises pursuing Industry 4.0 transformation the chance to gain privileged access to hi-tech innovations to help them accelerate their digital adoption journey," said Sudhir Chaturvedi, President Sales, and Executive Board Member, LTI. The CoE will showcase the possibilities of transformative technologies to global customers, featuring Industrial IoT solutions developed on PTC's ThingWorxa platform, the statement said. ThingWorx is an industrial IoT platform for driving industrial innovation. LTI plans to deploy reusable IoT assets from its real-world ...
South Indian Bank Ltd leads gainers in 'A' group
Finolex Cables Ltd, Jaiprakash Associates Ltd, Inox Wind Ltd and DCM Shriram Ltd are among the other gainers in the BSE's 'A' group today, 16 October 2018.
China Market falls after CPI data
China's consumer price index (CPI), a main gauge of inflation, rose 2.5% year-on-year in September, compared with 2.3% for August, , the National Bureau of Statistics data showed on Tuesday. Gains in CPI were contributed by a rise in food prices due to adverse weather and a spike in demand due to the Golden Week festive season. China is aiming to keep annual CPI growth at around 3% this year, the same target as 2017. The producer price index, which measures costs of goods at the factory gate, rose 3.6% year-on-year in September, slowing from the 4.1% increase in August. Rising inflation is a double-edged sword. The central bank has tended to shrug off rising prices, but the trend could limit its room for loosening monetary policy in coming months.
China local governments' hidden debt could total $5.8 trillion: S&P
BEIJING (Reuters) - Off-balance-sheet borrowings by Chinese local governments could be as high as 40 trillion yuan ($5.78 trillion) and amount to "a debt iceberg with titanic credit risks", S&P Global Ratings said in a report on Tuesday.
Jeera futures dip 0.75 per cent on profit-booking
Jeera prices fell Rs 150 to Rs 19,980 per quintal in futures trade Tuesday after speculators trimmed positions to book profits at prevailing levels amid lower domestic and exports demand. Also, ample stocks position following higher supplies from the producing regions, fuelled the downtrend. At the National Commodity and Derivatives Exchange, jeera for delivery in November fell Rs 150, or 0.75 per cent, to Rs 19,980 per quintal with an open interest of 6,060 lots. Similarly, the spice for delivery in December fell Rs 120, or 0.59 per cent, to Rs 20,155 per quintal in 207 lots. Analysts said besides profit-booking by speculators at existing levels, fall in demand at the spot market against adequate stocks position kept pressure on jeera prices.
Hong Kong Stocks trade mixed
Shares of Chinese banks rose as China's CPI and PPI for September came in in-line with market expectations, and Renminbi snapped a 10-day decline.. ICBC (01398) rose 0.4% to HK$5.18. CM Bank (03968) shot up 1.7% to HK$29.4. BOC (03988) edged down 0.3% to HK$3.24. ABC (01288) nudged up 0.3% to HK$3.5.
Japan Nikkei gains on buybacks
Shares of Softbank rebounded following yesterday's tumble. Softbank shares tumbled yesterday amid concerns of the company's ties to Saudi Arabia, which is under mounting pressure internationally following the disappearance of a prominent journalist who was a critic of the administration.