Page 2714 - Business Finance
Most Mexican auto exports can meet new NAFTA rules, says minister
WASHINGTON (Reuters) - Most of Mexico's auto exports should comply with new rules drawn up under the agreement struck between Mexico and the United States in the renegotiation of the North American Free Trade Agreement (NAFTA), Mexico's economy minister said on Monday.
World stock index at highest in over five months on trade deal
NEW YORK (Reuters) - An index of major world stock markets rose to its highest level in more than five months on Monday after the United States and Mexico struck an agreement that lowers trade tensions.
Record highs for S&P, Nasdaq on U.S.-Mexico trade deal
NEW YORK (Reuters) - A broad-based rally pushed U.S. stocks higher on Monday, with the S&P 500 and the Nasdaq closing at record highs for the second consecutive session as investor sentiment was buoyed by a trade agreement reached between the United States and Mexico.
Oil gains, supported by rising stock market, U.S.-Mexico trade deal
NEW YORK (Reuters) - Oil prices edged up on Monday, supported by a strengthening equities market and news that the United States and Mexico agreed to overhaul the North American Free Trade Agreement (NAFTA).
Toyota to invest about $500 million in Uber for driverless cars - WSJ
(Reuters) - Toyota Motor Corp <7203.T> will invest about $500 million in Uber Technologies Inc to jointly work on developing driverless vehicles, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Outcome of board meeting of Kapashi Commercial
Held on 27 August 2018
SpiceJet successfully conducts India's first-ever BioJet Fuel powered flight
SpiceJet is the only airline in India to explore aerial operations powered by BioJet fuel and intends to undertake operations using a blend of 75% of aviation turbine fuel (ATF) and 25% of BioJet fuel, which has the potential of reducing carbon footprint by 15%.
JBF Industries and KKR Jupiter Advisors enter into binding understanding
KKR Jupiter Advisors agrees to buy 100% stake in JBF Petrochemicals
Hil completes acquisition of Parador Holdings GmbH, Germany
The transaction has been concluded with acquisition of 100% equity in Parador Holdings GmbH, Germany from its current shareholders M/s. NORD Holding Unternehmensbeteiligungsgesellschaft mbH, M/s. Deutsche Mittelstandsholding f Industriebeteiligungen GmbH & Co. KG, Lubert Winnecken and Hendrik Vo
Godawar Power & Ispat gets captive power from Jagdamba Power and Alloys
The entire power generated by JPAL shall be captively consumed in the Company's Integrated Steel Plant to optimize its capacity utilization in Steel Billets Plant which is currently operating at 50% to 60% utilization.
Board of Prism Johnson approves fund raising through private placement of NCDs
At meeting held on 27 August 2018
Board of Spectrum Foods approves change in directorate
On 27 August 2018
Airtel and Netflix announce strategic partnership
Customers on eligible Airtel plans will be able to sign up to Netflix and receive the three month gift of Netflix through the AirtellV app and the My Airtel app in a frictionless manner. Customers not on plans eligible for this gift will also be able to sign up or upgrade to eligible Airtel plans to claim this gift and pay for Netflix using their Airtel bill. Airtel will announce details of eligible postpaid mobile and home broadband plans over the coming weeks. Netflix and Airtel have also partnered to promote Netflix content and give Airtel TV users a taste of Netflix content through a dedicated row on the Airtel TV app.
India may become fifth largest economy in 2018: Jaitley
India may probably become the fifth largest economy next year, asserted Minister for Finance and Corporate Affairs Arun Jaitley on Monday.Jaitley's comments came while addressing the 71st Annual General Meeting of the Indian Banks Association, held in Mumbai today. He addressed the meeting through video conferencing.Emphasizing the vital role of the banking industry, Jaitley said, "Given the kind of economic activity happening in India, industries role will be vital in strengthening the economy itself".He urged the industry to use the occasion of AGM to introspect and prepare a blueprint for the long-term."The sector should do this by upholding professionalism, credibility and expansion,"Jaitley added.Talking about the necessity of growth with fiscal prudence, the Finance Minister said,"The desire to have a high growth rate must be accompanied by strong macroeconomic fundamentals. He said that sacrificing the fundamentals for the temporary spurt in growth is not desirable."Jaitley ...
Stop giving excuse on fuel prices, Congress tells Centre
As diesel prices touched a record high across metro cities on Monday, the Congress said that this is the distorted and horrendous definition of "aache din" and asked the government to stop giving excuse of legacy issue.
Gold hovers just above $1,200 as dollar steadies
LONDON (Reuters) - Gold was stable near $1,200 per ounce on Monday as the dollar steadied after sliding in the previous session when U.S. Federal Reserve chairman reiterated the central bank's intention to raise U.S. interest rates gradually.
Andhra CM Naidu meets industrial giants
Andhra Pradesh Chief Minister N Chandrababu Naidu interacted with several industrial giants at the Taj Palace here on Monday and explained the ecosystem available in the state for investments.The topmost industrialists of the country participated in interaction with the Andhra Chief Minister. The Economic Development Board has taken the initiative to make the interaction programme a success.The Andhra Pradesh Economic Development Board signed MoUs with industrial groups, including Retailers Association of India, for the growth of retail section in the state. The MoU was signed by EDB CEO J Krishna Kishore and Kumar Rajagopalan, the Chief Executive Officer (CEO), Retailers Association of India in the presence of Naidu.The total retail market in India is Rs. 47 lakh crore and is growing at seven per cent. A significant share of the market remains untapped by modern retail and this presence is a huge opportunity for India, especially Andhra Pradesh.Another MoU was signed with Hikvision ..
Rise in oil prices, lukewarm exports to push CAD higher: SBI Ecowrap
Lending major State Bank of India (SBI) on Monday said that it expects the Current Account Deficit (CAD) to reach 2.8 per cent of GDP in FY19.
Jet Group's Q1 net loss Rs 1,326 cr
Jet Airways Group on Monday reported a net loss of Rs 1,326 crore for the first quarter of 2018-19 from a net profit of Rs 58 crore earned during the corresponding period of the previous fiscal.
Oil near flat; trade worries, rising output weigh
NEW YORK (Reuters) - Oil prices were near flat on Monday, pausing after last week's substantial gains as a committee monitoring a deal between OPEC and non-OPEC producers saw production increasing and a U.S.-China trade war also weighed on sentiment.