Page 358 - Business Finance
Endurance Tech advances after good Q4 result
Endurance Technologies gained 2.89% to Rs 1,175 at 09:50 IST on BSE after consolidated net profit rose 27.75% to Rs 148.65 crore on 9.39% rise in total income to Rs 1905.98 crore in Q4 March 2019 over Q4 March 2018.
Reliance Communications Ltd Slides 4.67%, S&P BSE Telecom index Drops 1.16%
Reliance Communications Ltd has lost 16.05% over last one month compared to 4.68% fall in S&P BSE Telecom index and 3.92% drop in the SENSEX
Oberoi Realty Ltd Spikes 2.46%
Oberoi Realty Ltd has lost 11.92% over last one month compared to 10.39% fall in S&P BSE Realty Index index and 3.83% drop in the SENSEX
PTC India slips after poor Q4 result
PTC India fell 1.02% to Rs 67.30 at 09:21 IST on BSE after net profit declined 16.33% to Rs 53.86 crore on 22.68% rise in total income to Rs 2673.25 crore in Q4 March 2019 over Q4 March 2018.
Yes Bank appoints director
With effect from 14 May 2019
Market may see flat opening
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 3 points at the opening bell.
Market trades higher; breadth positive
Key benchmark indices were trading higher in early trade. At 9:21 IST, the barometer index, the S&P BSE Sensex, was up 52.59 points or 0.14% at 37,371.12. The Nifty 50 index was up 27.75 points or 0.25% at 11,249.80.
Welspun Corp fixes record date for scheme of amalgamation
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Board of Welspun Corp approves proposal for buyback of shares
At meeting held on 14-15 May 2019
Alkem Laboratories update on USFDA inspection of its St. Louis facility
St. Louis facility contributes about 2% of the Company's total US revenues or about 0.5% of the Company's consolidated revenues. The Company believes that this classification will not have any significant impact on existing supplies or the existing revenues from the operations of this facility.
Asian markets tick up after Trump tweets but uncertainty remains
A series of tweets by Donald Trump playing up the chances of a trade deal with China provided a much-needed boost to Asian equities Wednesday but investors trod cautiously as analysts warned of more volatility to come. After more than doubling tariffs on USD 200 billion of Chinese goods last week -- sparking a retaliation from Beijing -- Trump has threatened to hit a further USD 300 billion with more levies if he does not get his way in high-stakes talks. However, in a series of tweets Tuesday the president gave markets some hope that a deal between the economic titans will eventually be struck with his counterpart Xi Jinping. "When the time is right we will make a deal with China", he wrote, adding that his "respect and friendship with President Xi is unlimited". He went on to say: "We can make a deal with China tomorrow, before their companies start leaving so as not to lose USA business" and called on the Federal Reserve to "match" whatever the Chinese central bank does to support .
Chanda Kochhar Money Trail-V: Videocon's Dhoot complicit in Rs 64 cr payout to Kochhar (IANS Exclusive)
Twice over the course of the ongoing all-encompassing multi-disciplinary Chanda Kochhar-Videocon Industries probe has chairman Venugopal Dhoot accepted complicity in the dirty deal.
US stocks close higher; US-China trade talks in focus
US stocks closed higher, rebounding from a steep sell-off in the previous session as investors continued to monitor the latest development of global trade.
Senior management exit Jet as revival hopes fade
An exodus of senior management personnel has hit the now grounded Jet Airways on Tuesday, further damaging hopes of the airline's revival.
PE Funds invest $26.3 bn in India during 2018: Report
Private equity funds in India invested $26.3 billion across 793 deals during 2018, a report said on Tuesday.
UBI looks to recover Rs 4,500-5,000 cr in current fiscal
State-run United Bank of India (UBI) is looking to recover close to Rs 4,500-5000 crore as it is exploring all options including settlement of cases outside the National Company Law Tribunal (NCLT), an official said on Tuesday.
Stock markets attempt rebound as trade war flares
Stock markets on both sides of the Atlantic staged a fightback Tuesday, paring heavy losses sparked by a raging US-China trade war over the past week. World oil prices bobbed higher on concerns about tensions in the crude-rich Middle East, dealers said. "Equities are attempting to claw back some lost ground," noted analyst Chris Beauchamp at trading firm IG, "but the overall atmosphere of caution still prevails". On Wall Street the Dow had regained 320 points, or 1.3 percent, by the late morning, having lost a whopping 2.4 percent on Monday. The tech-heavy Nasdaq, which had plunged 3.4 percent Monday, was also 1.3 percent higher at that time. "US stocks are recovering from yesterday's drop in early action, which was the largest one-day fall since January, with the escalated trade tensions between the US and China continuing to be eyed," Charles Schwab analysts said. They added, however, that President Donald Trump's statement that a meeting next month with Chinese President Xi Jinping
UCO Bank posts net loss of Rs 1,552 cr in Q4
State-run UCO Bank has narrowed its net loss to Rs 1,552.02 crore in the fourth quarter of the financial year 2018-19 ended March, as against a net loss of Rs 2,134.36 crore for the same period a year ago, as per results announced on Tuesday.
Loan recovery: Mother, daughter sets themselves ablaze
A 41-year-old mother and her 19-year-old daughter, here on Tuesday, set themselves afire as they were unable to bear the news that their home would be seized by bank officials for non-payment of housing loan.
India's April wholesale inflation eases to 3.07% (Roundup)
Lower prices of manufactured items and key transportation fuels eased India's annual rate of inflation based on wholesale pri ces to 3.07 per cent in April from 3.18 per cent in March, official data showed on Tuesday.