Page 3570 - Business Finance
Hong Kong Hang Seng gains 0.13% after Trump-Kim agreement
Powered by Capital Market - Live News
Paragon Partners invests Rs 75 cr in eShakti
Paragon Partners today said it has invested Rs 75 crore in eShakti, a women's fashion brand based in Chennai. This the sixth investment transaction by Paragon Partners Growth Fund-I, which focuses on five key sectors -- consumer discretionary, financial services, infrastructure services (asset light), industrials and healthcare services. The fund has a corpus of USD 120 million and invests USD 10-20 million. Paragon Partners co-founder and Senior Partner Siddharth Parekh said eShakti is one of the early movers in addressing an under-served need for make-to-order apparel for women in the western markets. "With its disruptive operating model combined with superior quality of design, fabrics and speed of execution, eShakti has been able to build a strong and growing community of loyal customers in the US," he added. Founded by B G Krishnan, eShakti has a design office in New York. It also has a presence in Australia and Canada. In the past, the company has raised capital from investors ..
Rupee reverses gains ahead of key macro data, down 7 paise
The rupee washed out its initial gains to close down by 7 paise at 67.49 against the US currency due to fag-end dollar demand from banks and importers. A rally in domestic equities and a subdued dollar overseas failed to lift the forex sentiment. The release of latest consumer price index-based inflation data for May and the IIP data for April largely kept the forex market sentiment volatile. Also, some caution ahead of the highly-anticipated two-day US Federal Reserve meet amid expectations of interest rate hike weighed on the trading front. "Markets are awaiting the outcome of the monetary policy meeting from the three central banks (FOMC, ECB and BoJ). Fed is expected to raise its interest rates tomorrow while ECB likely to debate to decide the timeline of its current QE (quantitative easing)programme," Anand James, Chief Market Strategist at Geojit Financial Services said. There was importer dollar demand, mainly from state run oil marketing companies (OMCs) and surpassed mild ..
Neueon Towers reports standalone net loss of Rs 153.14 crore in the March 2018 quarter
Sales rise 243.95% to Rs 26.14 crore
Barak Valley Cements standalone net profit rises 300.00% in the March 2018 quarter
Sales rise 11.19% to Rs 45.41 crore
Sejal Glass reports standalone net loss of Rs 8.37 crore in the March 2018 quarter
Sales rise 763.16% to Rs 3.28 crore
Odyssey Corporation reports standalone net loss of Rs 2.74 crore in the March 2018 quarter
Sales rise 14.18% to Rs 1.53 crore
Emmsons International reports standalone net loss of Rs 436.75 crore in the March 2018 quarter
Reported sales nil
Global Land Masters Corporation reports standalone net loss of Rs 0.03 crore in the March 2018 quarter
Reported sales nil
Neeraj Paper Marketing reports standalone net loss of Rs 2.90 crore in the March 2018 quarter
Sales decline 15.44% to Rs 108.33 crore
Prakash Woollen & Synthetic Mills reports standalone net loss of Rs 0.11 crore in the March 2018 quarter
Sales rise 21.91% to Rs 22.48 crore
Inceptum Enterprises reports standalone net loss of Rs 0.03 crore in the March 2018 quarter
Reported sales nil
Country Condo's reports standalone net profit of Rs 0.30 crore in the March 2018 quarter
Sales rise 30.97% to Rs 8.88 crore
Nutech Global reports standalone net profit of Rs 0.12 crore in the March 2018 quarter
Sales decline 33.84% to Rs 8.21 crore
Combat Drugs standalone net profit rises 200.00% in the March 2018 quarter
Sales rise 255.56% to Rs 0.32 crore
Prima Agro standalone net profit declines 82.35% in the March 2018 quarter
Sales reported at Rs 3.65 crore
Ansal Buildwell reports standalone net loss of Rs 1.12 crore in the March 2018 quarter
Sales decline 11.78% to Rs 25.23 crore
Master Trust consolidated net profit rises 74.62% in the March 2018 quarter
Sales rise 75.18% to Rs 52.24 crore
Max Heights Infrastructure reports consolidated net loss of Rs 0.02 crore in the March 2018 quarter
Sales rise 32.04% to Rs 24.44 crore
SSPDL reports consolidated net loss of Rs 4.59 crore in the March 2018 quarter
Sales decline 45.90% to Rs 13.87 crore