Page 3571 - Business Finance
Gujarat Natural Resources consolidated net profit declines 42.94% in the March 2018 quarter
Sales decline 15.64% to Rs 1.78 crore
Oriental Trimex reports standalone net profit of Rs 7.59 crore in the March 2018 quarter
Sales decline 8.70% to Rs 23.39 crore
Tirupati Sarjan standalone net profit declines 59.32% in the March 2018 quarter
Sales rise 9.08% to Rs 53.33 crore
Corporate Merchant Bankers reports standalone net loss of Rs 0.01 crore in the March 2018 quarter
Sales decline 83.33% to Rs 0.01 crore
Master Trust standalone net profit rises 240.91% in the March 2018 quarter
Sales rise 1573.75% to Rs 13.39 crore
Max Heights Infrastructure reports standalone net loss of Rs 0.02 crore in the March 2018 quarter
Sales decline 85.37% to Rs 0.36 crore
Gopal Iron & Steels Co.(Gujarat) reports standalone net loss of Rs 3.88 crore in the March 2018 quarter
Sales decline 26.54% to Rs 1.19 crore
Shri Bholanath Carpets reports standalone net profit of Rs 0.10 crore in the March 2018 quarter
Sales rise 16.57% to Rs 20.26 crore
SSPDL reports standalone net loss of Rs 4.81 crore in the March 2018 quarter
Sales decline 45.98% to Rs 13.71 crore
Vipul Organics standalone net profit rises 127.59% in the March 2018 quarter
Sales rise 66.60% to Rs 26.39 crore
Jainco Projects (India) reports standalone net loss of Rs 0.32 crore in the March 2018 quarter
Sales decline 94.14% to Rs 1.14 crore
Gujarat Natural Resources reports standalone net loss of Rs 0.13 crore in the March 2018 quarter
Reported sales nil
China Market rises 0.9% after Trump-Kim agreement
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Retail inflation accelerates to four-month high in May
NEW DELHI (Reuters) - India's annual retail inflation accelerated to a four-month high in May, driven by higher fuel prices and a depreciating rupee, strengthening views that the central bank could raise interest rates again in August.
Global cues, hopes of healthy macro data lift equity indices (Roundup)
Global cues and expectations of a healthy macro-economic industrial production data aided the key Indian equity indices to close Tuesday's trade session on a positive note.
Gold recovers on renewed demand; silver gains
Gold prices recovered marginally by Rs 45 to Rs 30,875 per 10 grams at the bullion market today following renewed demand from stockists and retailers. Elsewhere, silver prices surged further by Rs 140 to Rs 40,395 per kg due to sustained offtake by industrial units and coin makers. Standard gold (99.5 per cent purity) rose by Rs 45 to close at Rs 30,875 per 10 grams from Monday's closing level of Rs 30,830. Pure gold (99.9 per cent purity) also moved up by a similar margin to end at Rs 31,025 per 10 grams against Rs 30,980, earlier. Silver (.999 fineness) climbed by Rs 140 to finish at Rs 40,395 per kg as compared to Rs 40,255, yesterday. Globally, gold prices remained locked just below USD 1,300 an ounce as investors waited for clues on the pace of the US increasing interest rate from a Federal Reserve meeting this week. Spot gold was down at USD 1,298.15 an ounce in early European trade, while the US gold futures for August delivery were trading lower at USD 1,302 an ounce. In other
Talent assessments to retain employees rise by 114%: Report
Shortage of skilled manpower has forced companies to focus on attracting and retaining best talents, and in turn has led to rise in talent assessments by 114 per cent from 2016 to 2017, according to a report. Another reason for increased assessment adoption was the cost that companies were paying for every bad hire, online talent measurement solution provider Mettl said in its report. Organisations are adopting innovative ways and technology tools to attract, assess, and retain quality talent, with simulation tools registering the maximum increase in application, at 219 per cent, compared with others like cognitive (34 per cent), domain (76 per cent), technical multiple choice questions (105 per cent) and psychometric (49 per cent), the report revealed. Adoption of anti-cheating technology and remote proctoring also grew significantly by 231 per cent last year. "While most organisations continue to face a scarcity of talent, the demand for high-quality skilled talent is .
Next parliamentary standing committee on finance to be held on June 19
The Parliament's next standing committee meeting on finance is scheduled for June 19.The standing committee meeting is likely to discuss ways to tackle the growing menace of chit fund agencies around the country.The meeting will also include an RBI representative in presence.Earlier today, the Reserve Bank of India (RBI) Governor Urjit Patel appeared before the parliamentary panel on finance.The panel today was led by Congress Party leader Veerappa Moily, summoned Patel to discuss various issues including the amount of cash returned post demonetisation.As per sources, the RBI Governor was to appear before the Committee on May 17 in the wake of recent banking scams and the issue of non-performing assets (NPAs).In March, Patel had stated that it was not possible for any banking regulator to catch or prevent all frauds after banking scams surfaced which showed the involvement of state and private lenders such as Punjab National Bank (PNB), ICICI Bank, and so on.Furthermore, Patel noted ..
Avenue Supermarts m-cap surges past Rs 1 lakh cr mark
Avenue Supermarts, the operator of retail chain D-Mart, today closed the trading session with over Rs 1 lakh crore market capitalisation mark. The market valuation of Avenue Supermarts had surged past the Rs 1 lakh crore-mark in intra-day trade yesterday. At close, the market valuation of Avenue Supermarts stood at Rs 1,00,196.76 crore. Shares of the company ended the day at Rs 1,605.50, up 0.73 per cent on BSE. Intra-day, it jumped 1 per cent to Rs 1,610. At NSE, shares of the company rose by 0.74 per cent to close at Rs 1,606.20. The company stands at 30th position in the overall m-cap ranking on BSE. Avenue Supermarts is ahead of many blue chip companies such as Tata Motors and Bajaj Auto. Shares of Avenue Supermarts got listed on bourses on March 21, 2017. Since listing, the stock has gained over 150 per cent.
India's April industrial production output up 5%
India's industrial output rose by 4.9 per cent in April 2018 from a rise of 4.57 per cent in March, official data showed on Tuesday.