Page 3538 - Business Finance

Edible, non-edible oil prices rebound on fresh demand

Refined palmolein rebounded modestly at the Vashi oils and oilseeds wholesale market here today following fresh demand from retail buyers. Elsewhere, castor seeds bold and castor oil commercial also recovered smartly due to renewed demand from soaps and shipper industries. While, groundnut oil and linseed oil ruled steady in the absence of any worthwhile buying activity. In the edible segment, refined palmolein gained by Rs 5 to Rs 714 per 10 kg from Wednesday's closing level of Rs 709 and groundnut oil ended unaltered at Rs 825 per 10 kg. Moving to non-edible section, castor seeds bold climbed by Rs 65 to Rs 4,035 per 100 kg as against Rs 3,970 and castor oil commercial rose by Rs 13 to Rs 837 per 10kg from Rs 824 yesterday. Linseed oil closed unchanged at Rs 800 per 10 kg.

Fifa World Cup to boost premium TV sales by 10-15%: Samsung

Consumer electronics major Samsung India expects the sales of premium televisions in the country to increase by 10-15 per cent during the football world cup, which kicks off from today. "With Fifa World Cup coming into play, the market should see 10-15 per cent growth in premium TV sales. We will be hopefully more than that," said Piyush Kunnapallil, general manager-consumer electronic business, Samsung India. As per reports, the total TV market is estimated to be Rs 500 billion, growing at 7-8 per cent. Samsung has a 30 per cent market share at present, and the company expects to take it to 33 per cent by October, according to Kunnapallil. He said Indian consumers are moving towards premium TV, with those priced between Rs 1 lakh and Rs 1.5 lakh booming at present. "There is a clear move happening in the 40 inch and above and ultra high definition (UHD) TVs," he said. The 40 inch and above segment, which accounts for 45-50 per cent of the total TV market, is growing at ..

Anup Ghosh appointed Accenture Security MD

Accenture has appointed Anup Ghosh as the Managing Director of the company's cybersecurity business.

Sensex tracks Asian peers lower; IT stocks drag

(Reuters) - Indian shares snapped a three-session winning streak to end lower on Thursday, tracking Asian peers, a day after the U.S. Federal Reserve raised interest rates and struck a more hawkish tone in forecasting a slightly faster pace of tightening.

Time to taper? Euro zone bond markets brace for ECB shift

LONDON (Reuters) - Government bond yields in the euro area edged up on Thursday as the European Central Bank prepared to take another step towards ending its unprecedented stimulus scheme this year.

My Money Securities reports standalone net loss of Rs 0.35 crore in the March 2018 quarter

Sales rise 10.00% to Rs 0.11 crore

White Organic Agro standalone net profit declines 21.69% in the March 2018 quarter

Sales rise 170.61% to Rs 23.11 crore

Ola's losses widen to Rs 4,898 cr in FY'17

Ride hailing app Ola saw its losses widening to Rs 4,897.8 crore, even though its total income grew 70 per cent during FY2016-17 as compared to the previous fiscal, as per regulatory documents. Ola, which is locked in a bruising battle for market leadership in the Indian market against American rival Uber, had registered a loss of Rs 3,147.9 crore in FY2015-16. During the same period, ANI Technologies -- the entity running Ola -- saw its consolidated total income rising over 70 per cent to Rs 1,380.7 crore as against Rs 810.7 crore in FY2015-16, as per documents filed with Registrar of Companies (RoC). Emails sent to Ola did not elicit a response. "A one-time loss of about Rs 1,000 crore makes the results look worse than they would be on an ongoing basis. In line with results from e-commerce firms, advertising expenses shrunk by 35 per cent," Anchal Agarwal, co-founder of research firm Tofler, said. As per the documents, sourced by Tofler, Ola incurred a one-time loss on account of ...

Millitoons Entertainment reports consolidated net loss of Rs 0.21 crore in the March 2018 quarter

Sales decline 65.29% to Rs 2.85 crore

IZMO reports consolidated net loss of Rs 0.90 crore in the March 2018 quarter

Sales rise 28.84% to Rs 17.20 crore

Stampede Capital reports consolidated net loss of Rs 54.62 crore in the March 2018 quarter

Sales decline 35.14% to Rs 96.83 crore

White Organic Agro consolidated net profit rises 137.40% in the March 2018 quarter

Sales rise 759.76% to Rs 87.61 crore

CIAN Agro Industries & Infrastructure consolidated net profit declines 68.52% in the March 2018 quarter

Sales rise 61.47% to Rs 55.27 crore

Chemtech Industrial Valves standalone net profit declines 13.56% in the March 2018 quarter

Sales decline 50.22% to Rs 5.63 crore

PVV Infra reports standalone net loss of Rs 0.53 crore in the March 2018 quarter

Sales decline 35.93% to Rs 10.20 crore

Tyche Industries standalone net profit rises 950.00% in the March 2018 quarter

Sales decline 9.41% to Rs 9.24 crore

Provestment Services standalone net profit rises 525.00% in the March 2018 quarter

Sales rise 13.05% to Rs 28.07 crore

Indra Industries reports standalone net loss of Rs 1.46 crore in the March 2018 quarter

Sales rise 68.61% to Rs 16.22 crore

BCL Industries standalone net profit rises 919.57% in the March 2018 quarter

Sales rise 1.55% to Rs 230.67 crore

Shanti Educational Initiatives reports standalone net loss of Rs 0.61 crore in the March 2018 quarter

Sales rise 42.25% to Rs 4.04 crore