Page 2291 - Business Finance
Paisabazaar.com introduces products on Amazon Alexa, Google Assistant
Online marketplace for financial products, Paisabazaar.com has announced the launch of its products on voice-based platforms like Amazon's Alexa and Google Assistant.Paisabazaar.com's free credit score feature, with monthly updates, is already available on Alexa and will go live on Google Assistant by the end of this month.Over the next few weeks, various other products from Paisabazaar.com like direct plans of mutual funds, loans, credit cards etc. will also be available to customers on Alexa and Google Assistant."At Paisabazaar.com, we intend to make access to financial products as convenient as possible, using technologies like Artificial Intelligence. If you look around the world, consumers are fast moving towards voice-based searches and commands. By making our products, and all the information around it, available on platforms like Google Assistant and Alexa, we are providing a more seamless way to interact and transact," said CEO & co-founder, Paisabazaar.com, Naveen ...
OnMobile Global spurts after signing definitive agreement
OnMobile Global jumped 10.28% to Rs 35.40 at 12:33 IST on BSE after the company announced it has signed a definitive agreement to acquire Appland AB.
Indian shares bounce back; Nifty sees best day in over 2 years
(Reuters) - Indian shares rebounded nearly 2 percent on Friday, as the rupee strengthened due to an overnight fall in crude prices, a day after markets posted the worst start to the October quarter in a decade following the global rout.
UBM India's Retail Jewellers Guild Awards (RJGA) Shines a Spotlight on the Best Retail Jewellers Across India
/ -- The 4th edition concludes on a high note at a glittering ceremony in New Delhi UBM India's Retail Jewellers Guild Awards recognised and honoured the impeccable contribution of individuals and organisations in the retail jewellery industry of India, at a gala ceremony on 30th September at The Lalit, New Delhi. The most coveted awards of the evening witnessed the presence of industry stalwarts and dignitaries including Shri. Naveen Kumar, Spokesperson, BJP; Shri. Ashok Seth, Chairman, Northern Region, Gem & Jewellery Export Promotion Council (GJEPC); Shri. Yogesh Singhal, President, Bullion Jewellers Association, Delhi and Shri. Ramavtar Verma, Chairman, Bullion Jewellers Association, Delhi. (Logo: https://mma.prnewswire.com/media/675607/UBM_Logo.jpg ) (Logo: https://mma.prnewswire.com/media/768183/RJGA_Logo.jpg ) (Photo: https://mma.prnewswire.com/media/768184/RJGA_Winners.jpg ) An unique initiative by UBM India, the RJGA has grown impressively and is recognised as the most ..
Oil jumps more than 1 percent after two-day fall, still set for weekly drop
TOKYO (Reuters) - Crude prices jumped 1 percent on Friday, rebounding after two days of heavy declines with support from robust Chinese crude imports, but oil was still heading for its first weekly drop in five weeks.
Global Markets: Asia shares bounce after rout, Shanghai crawls higher from four-year trough
SINGAPORE (Reuters) - Asian shares staged a rebound on Friday to set course for their first gains in two weeks, with Shanghai managing a modest recovery from a rout that saw its shares crumble to near 4 year lows.
Benchmarks turn range bound
Key benchmarks turned range bound in early afternoon trade. At 12:24 IST, the barometer index, the S&P BSE Sensex, was up 692.09 points or 2.04% at 34,693.24. The Nifty 50 index was up 215 points or 2.10% at 10,449.65. Sentiment was upbeat, backed by recovery in other Asian shares.
PG Electroplast Ltd leads gainers in 'B' group
Kothari Products Ltd, Camlin Fine Sciences Ltd, Capri Global Capital Ltd and IMP Powers Ltd are among the other gainers in the BSE's 'B' group today, 12 October 2018.
AMETEK India opens technology solutions centre in Bengaluru with investment of USD 5.5 mn
Electronic instruments and electromechanical devices manufacturer AMETEK Instruments (India) Friday announced opening of its technology solutions centre in Bengaluru with an investment of USD 5.5 million. The company said in a statement it has established the centre to support the growth of its businesses in India. AMETEK India is a unit of AMETEK Inc, with annualised revenue of more than USD 4.8 billion and headquartered in Berwyn, Pennsylvania, USA. AMETEK has 17,000 colleagues at more than 150 operating locations, and a global network of sales, service and support locations in 30 countries around the world.
Huawei Ranks No.68 in Interbrand Best Global Brands 2018
/ -- Huawei was named the world's 68th most valuable brand in Best Global Brands 2018, released by leading brand consultancy Interbrand. Huawei climbed two places from 2017, and its brand value increased by 14% to US$7.6 billion. Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. Huawei is committed to bringing digital to every person, home and organization for a fully connected, intelligent world. Zhang Hongxi , president of Huawei's Corporate Marketing Department, said, "In the next industry cycle, technologies like AI, 5G, IoT, and cloud computing will become more and more important. Huawei delivers more value and creates a better experience for customers by integrating AI, smart devices, networks, and the cloud." Through open collaboration with ecosystem partners, the company creates lasting value for its customers, working to empower people, enrich home life, and inspire innovation in organizations of all ...
Copper futures fall 0.42% on subdued spot demand
Copper prices slipped 0.42 per cent Friday after investors cut down their positions amid muted demand at the domestic spot markets. At Multi Commodity Exchange, copper for delivery in November eased by Rs 1.95, or 0.42 per cent, to Rs 457.30 per kg in a business turnover of 97727 lots. Analysts said trimming of bets by speculators due to muted demand at the spot markets, led to the fall in copper prices in futures trading here.
Shares in United Breweries slide following antitrust raids
MUMBAI (Reuters) - Shares in India's United Breweries Ltd fell as much as 3 percent on Friday, a day after Reuters reported the brewer and two of its global rivals, had been raided in India as part of an ongoing investigation into price-fixing allegations.
Nickel futures slide on profit-booking
Nickel prices declined 0.07 per cent to Rs 935.50 per kg in futures trade Friday as speculators booked profits at existing levels amid easing demand at the spot market. At the Multi Commodity Exchange, nickel for delivery in the current month shed 70 paise, or 0.07 per cent to Rs 935.50 per kg in a business turnover of 302 lots. Analysts said profit-booking by participants at prevailing levels amid fall in demand from alloy-makers at the spot market, mainly influenced nickel prices at futures trade.
Indo Count Industries Ltd leads gainers in 'A' group
Jai Corp Ltd, Adani Power Ltd, Navkar Corporation Ltd and Future Consumer Ltd are among the other gainers in the BSE's 'A' group today, 12 October 2018.
Trump says Federal Reserve 'out of control'
President Donald Trump has intensified his attack on the US Federal Reserve following this week's plunge in stock prices, saying the central bank is "out of control" in raising interest rates, but ruled out firing its head Jerome Powell. Trump's remarks on Thursday were the latest in series of recent barrages he has unleashed at the Fed. The Fed under his hand-picked chairman Powell has been gradually raising rates as the economy has strengthened to prevent a run-up in inflation. "I think the Fed is out of control. I think what they're doing is wrong. Under the Obama administration, you had a lot of help because they had very little interest," Trump told reporters at the White House Thursday while responding to questions on the down sliding of the stock market for a second consecutive day. While the Dow Jones Industrial Average fell by 546 points, the S&P 500 tumbled 2.1 per cent and Nasdaq Composite by 1.3 per cent. "When you talk about economies, our economy is far better than ..
Eurasian fund transfers $200 million loan tranche to Belarus
MOSCOW (Reuters) - The Russia-led Eurasian Fund for Stabilization and Development said on Friday it had transferred a $200 million loan tranche to Belarus.
Lead futures slipped on weak overseas cues, low demand
Lead prices were down by 0.47 per cent in futures market Friday after speculators reduced their bets amid weak overseas leads and subdued demand at the spot market. At the Multi Commodity Exchange, lead for delivery in current month was trading lower by 70 paise, or 0.47 per cent, to Rs 148.10 per kg in a business turnover of 381 lots. Market analysts said trimming of positions by speculators were due to subdued demand from battery makers amid weak trend overseas, which weighed on lead futures here.
Stock losses muted in Asia after global rout
Asia's main stock markets traded lower Friday, but losses were relatively muted as investors took a breather after a global rout sparked by fears over higher US interest rates. Equities in Japan and China were marginally in the red but other smaller markets rebounded into positive territory as the fightback began from a broad-based capitulation over the past two days. In Tokyo, the main Nikkei-225 index began the day more than one per cent lower but bounced back to flirt with positive territory after its mid-session break, down only 0.07 per cent. Chinese stocks, which have seen a ferocious sell-off in recent days, also opened with marginal losses, the benchmark Shanghai Composite shedding 0.36 per cent. But the index also pared its losses and was only just in negative territory after a couple of hours of trade. Official data released earlier Friday showed that China's trade surplus with the US hit a new record in September, despite Washington's tariffs -- likely adding fuel to a ...
Chana futures up 0.33 pc on rising demand
Chana prices rose 0.33 per cent to Rs 4,222 per quintal in futures trade Friday as participants raised bets, taking positive cues from spot market on strong demand. At the National Commodity and Derivatives Exchange, chana for delivery in November rose Rs 14, or 0.33 per cent, to Rs 4,222 per quintal with an open interest of 50,200 lots. Analysts said widening of positions by traders due to pick-up in demand from dal mills in the physical market against restricted supplies from producing regions, pushed up chana prices in futures trade.
Auto stocks in demand
The market held firm near day's high in mid-morning trade. At 11:24 IST, the barometer index, the S&P BSE Sensex, was up 701.91 points or 2.06% at 34,703.06. The Nifty 50 index was up 206.35 points or 2.02% at 10,441. Recovery in other Asian shares triggered value buying in domestic shares.