Page 2541 - Business Finance
Bank of England prepared for wide range of Brexit outcomes - BoE's Carney
DUBLIN (Reuters) - The Bank of England and Britain's largest banks are well prepared for a disorderly Brexit, the central bank's governor Mark Carney said on Friday, amid reports he had warned it could trigger a house price crash.
Oil prices rise as focus returns to supply concerns
LONDON (Reuters) - Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as the focus returned to supply concerns ahead of a November deadline for U.S. sanctions on Iranian crude.
Sensex rises over 350 points, oil and gas stocks gain
A recovery in the Indian rupee's value along with broadly positive global cues and a slower rise in wholesale price inflation for August pushed the Indian equity indices higher on Friday.
Quick Wrap: Nifty Realty Index rises 3.46,NIFTY jumps 1.28%
Powered by Capital Market - Live News
Turnover on NSE's F&O segment soars
Reliance Industries, Bajaj Finance and State Bank of India September 2018 futures at premium
ISA selects EESL to implement 5lakh solar water pumping sys
State-run Energy Efficiency Services (EESL) Friday said it has been selected by the International Solar Alliance (ISA) to facilitate implementation of five lakh solar water pumping systems in its member countries. EESL will be responsible for the overall successful implementation of the programme in the participating countries that include India, Bangladesh, Sudan, Uganda, Senegal, Mauritius among others, the company said in a statement issued here. These systems will be rolled out in ISA member countries that are participating in its 'Scaling of Solar Application for Agricultural Use' programme. "We look forward to replicating the success of our ongoing solar projects and agricultural pumps programme in the member countries of ISA. Our aim is to help the farmers in getting easy and affordable day-time access to irrigation. This is a major step towards decentralised power solutions that also help in reducing carbon emission," EESL General Manager Rajneesh Rana ...
Sensex and Nifty end higher; Modi to review economy
(Reuters) - Sensex and Nifty ended higher for a second session on Friday, as investors sentiment turned positive after government officials said Prime Minister Narendra Modi will hold a meeting later in the day with the finance ministry to discuss economic issues.
Ashok Leyland wins order from Bangladesh Road Transport Corporation
For supply of 200 buses
IMF says Kenya's external position is strong as stand-by deal expires
NAIROBI (Reuters) - The International Monetary Fund considers that Kenya's external position is strong, its representative in Nairobi said on Friday, adding that the Fund would continue to support its reform efforts even though a stand-by loan deal has expired.
Weatherford CEO's rebound plan relies on getting smaller
HOUSTON (Reuters) - Four years ago, oilfield company Weatherford International Plc pledged to sell non-core businesses and make paying down debt its top priority after years of borrowing and over spending.
Indian rupee erases all gains on strong dollar demand from oil cos - traders
MUMBAI (Reuters) - The rupee erased all gains against the dollar and weakened sharply to 71.99 on Friday after sustained dollar demand from oil importers pushed the unit below a strong resistance level, dealers said.
Rupee erases all gains on strong dollar demand from oil companies - traders
MUMBAI (Reuters) - The rupee erased all gains against the dollar and weakened sharply to 71.99 on Friday after sustained dollar demand from oil importers pushed the unit below a strong resistance level, dealers said.
Xiaomi to undergo internal restructuring: Report
Aiming to recruit new talent and strengthen its core, Xiaomi would undergo internal restructuring, its Founder and Chief Executive Lei Jun has announced.
Sensex surges 373 pts on macro data, rupee recovery
Riding on better-than-expected macro data and further recovery in the rupee, benchmark Sensex spurted around 373 points Friday to reclaim the 38,000-mark. The NSE Nifty too breached the 11,500-level with a jump of 145.30 points. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit. The rupee strengthened by another 65 paise to 71.53 (intra-day) against the dollar Friday, also supported by a fall in crude oil prices. The benchmark BSE Sensex stayed in the positive terrain through the session and touched a high of 38,125.62. It finally settled 372.68 points, or 0.99 per cent higher at 38,090.64 -- its highest closing since September 7 when it had finished at 38,389.82. The gauge had zoomed 304.83 points on Wednesday. Markets remained closed Thursday on account of Ganesh Chaturthi. Also, the broader Nifty climbed 145.30 points, or 1.28 per cent to finish at 11,515.20. Intra-day, it shuttled
Ashok Leyland bags 2nd order from BRTC for 200 buses
Hinduja group's flagship company Ashok Leyland Friday said it has bagged another order from Bangladesh Road Transport Corporation (BRTC) for the supply of 200 buses. The order is for single-decker buses which have been procured against a tender under Indian Line of Credit, the company said in a statement. It, however, did not reveal the total value of the order or the timeline for its execution. This is Ashok Leyland's second order from the Bangladesh government-owned transport entity in the last one month. In mid-August BRTC had placed order for supply of 300 double-decker buses with the company. "Bangladesh continues to be one of our most important export markets. And it will continue to play a key role in our strategy of increasing our export share in total revenue," said Vinod K Dasari, managing director, Ashok Leyland. The company's vehicle sales jumped 25.11 per cent 13,634 units in August against 10,897 units in the same period year-ago. The sales of medium and ...
Sensex ends above 38,000 mark
Key equity indices ended with strong gains after hitting fresh intraday high in late trade. The barometer index, the S&P BSE Sensex, rose 372.68 points or 0.99% to 38,090.64, as per the provisional closing data. The Nifty 50 index rose 145.30 points or 1.28% to 11,515.20, as per the provisional closing data. The Sensex ended above the psychologically important 38,000 mark.
Government is injecting competition in the power distribution sector: Power Secretary
Speaking at a workshop on Ensuring Sustainability of India's Electricity Sector Through Tariff Reforms, Industry Involvement and Innovative Business Models' organized by FICCI jointly with Shakti Sustainable Energy Foundation and PwC, late Wednesday evening, Mr Bhalla stressed on the need for the regulators to be market-oriented and stakeholder-friendly.
Board of Sakuma Exports approves sub-division of shares and fund raising upto Rs 800 cr
Sub-Division of Equity Shares of the Company from the existing face value of Rs. 101- per equ ity share to face value of Re. 1/- per equity share.
Volkswagen board to discuss future of Audi CEO Stadler on Monday: Spiegel
BERLIN (Reuters) - The supervisory board of Volkswagen will meet on Monday to discuss the future of Rupert Stadler, the suspended chief executive of its premium brand Audi, German magazine Der Spiegel reported on Friday.