Page 3580 - Business Finance
Blue Cloud Softech Solutions reports standalone net profit of Rs 0.02 crore in the March 2018 quarter
Sales decline 5.56% to Rs 0.34 crore
Worldwide Leather Exports reports standalone net profit of Rs 0.36 crore in the March 2018 quarter
Sales rise 403.85% to Rs 1.31 crore
Interlink Petroleum reports standalone net loss of Rs 0.17 crore in the March 2018 quarter
Reported sales nil
AARV Infratel reports standalone net loss of Rs 0.01 crore in the March 2018 quarter
Reported sales nil
VSF Projects reports standalone net profit of Rs 0.13 crore in the March 2018 quarter
Reported sales nil
Supertex Industries standalone net profit declines 35.29% in the March 2018 quarter
Sales rise 16.96% to Rs 36.13 crore
Shree Pacetronix reports standalone net loss of Rs 0.02 crore in the March 2018 quarter
Sales decline 4.49% to Rs 1.49 crore
Stellant Securities (India) reports standalone net loss of Rs 0.02 crore in the March 2018 quarter
Reported sales nil
Rekvina Labs reports standalone net loss of Rs 0.06 crore in the March 2018 quarter
Sales reported at Rs 0.01 crore
Ganesh Foundry & Castings standalone net profit declines 50.00% in the March 2018 quarter
Sales rise 22.00% to Rs 15.97 crore
IFCI hikes benchmark rate to 10.40%
With effect from 12 June 2018
Robust demand lifts aluminium futures by 0.16 pc
Aluminium prices edged higher by 0.16 per cent to Rs 157.10 per kg in futures trading today as speculators made fresh bets amid an uptick in demand at the spot market. At the Multi Commodity Exchange, aluminium for delivery in July edged up by 25 paise, or 0.16 per cent to Rs 157.10 per kg in business turnover of 5 lots. Likewise, the metal for delivery in June month contract was enquiring higher by 15 paise, or 0.10 per cent to Rs 156.95 per kg in 446 lots. Analysts said fresh positions created by participants due to pick up in demand from consuming industries in the physical market mainly led to the rise in aluminium prices at futures trade.
Wheat futures surge as speculators raise bets
Wheat prices climbed 2.94 per cent to Rs 1,855 per quintal in futures trading today as speculators enlarged positions, driven by pick-up in demand at the spot market amid pause in arrivals. At the National Commodity and Derivatives Exchange, wheat for delivery in far-month August shot up by Rs 53, or 2.94 per cent to Rs 1,855 per quintal with an open interest of 150 lots. However, wheat for delivery in July contracts held steady at Rs 1,791 per quintal in 8,310 lots. Analysts said widening of positions by traders following increased demand from flour mills in the physical market against restricted supplies from producing belts, mainly pushed up wheat prices at futures trade.
Zomato Gold now available in Ahmedabad, Chandigarh
Restaurant discovery and online food ordering platform, Zomato, announced the rollout of its premium subscription program 'Zomato Gold' in Ahmedabad and Chandigarh.The subscription gives members access to more than 200 top-rated restaurants in Ahmedabad and Chandigarh where they can enjoy the Gold benefits."Ahmedabad and Chandigarh are both known for their vibrant cultures, love for food, and unique flavours. While our restaurant discovery platform has become a way of life in these cities, Ahmedabad and Chandigarh have also proved to be the fastest growing Tier II cities for our food delivery business over the last few months. Zomato Gold is changing the face of dining out and is already the fastest growing subscription program in India. We're certain Zomato Gold will be well received in both these cities considering over 36000 people from both these cities pre-registered to join the program," said Zomato Chief Operating Officer, Gaurav Gupta.Zomato Gold is currently available in ...
Sale of Platinum continues to grow in India: PGI
Retail sales of platinum jewellery continued to grow in India, Japan and the United States, even outperforming gold in some areas, a top industry official said. "We saw India, US, Japan market for platinum jewellery grow in three out of four key markets in 2017," Platinum Guild International (PGI), CEO, Huw Daniel said. "The trend is tied to a robust global economy and historically low platinum prices," he told PTI. According to Platinum Guild International, MD, Vaishali Banerjee, as per the fifth annual report of Platinum Jewellery Business Review, a strong consumer retail sales was reported in United States, Japan and India in 2017. Banerjee said the outlook was "strong " given that new branded segment, Platinum Love Bands and Platinum Evera were getting embedded in India's culture and the business opportunity that platinum offers to retailers was "incremental and sustainable." On the projected growth of sales of platinum in India, she said, it was looking positive and
Cardamom futures remain higher on rising export demand
Cardamom prices rose further by 3.87 per cent to Rs 949.90 per kg in futures trade today due to frantic buying by stockists and retailers tracking heavy demand from domestic and export markets. Besides, worries on supply squeeze also triggered the upward trend. At the Multi Commodity Exchange, cardamom for July contract edged higher by Rs 35.40, or 3.87 per cent, to Rs 949.90 per kg in a business turnover of 678 lots. Likewise, the spice for delivery in August traded higher by Rs 26.30, or 2.90 per cent, at Rs 932 per kg with a trading volume of just 4 lots. Traders said widening of positions by participants, driven by surge in demand from domestic and export markets against restricted supplies from producing regions, kept cardamom prices higher.
Pharma stocks in demand
Stocks hovered near day's high in mid-morning trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 185.47 points or 0.52% at 35,668.94. The Nifty 50 index was up 50.75 points or 0.47% at 10,837.70. Pharma shares gained. Sentiment on the domestic bourses was boosted by upbeat Asian stocks after US President Donald Trump and North Korean leader Kim Jong Un reportedly signed an unspecified document in Singapore.
Small gains at Wall Street
Consumer staples sector leads gains
Kridhan Infra firms up after winning order
Kridhan Infra rose 3.90% to Rs 93.30 at 11:13 IST on BSE after the company announced that its associate company Vijay Nirman Company has won a new order worth Rs 180 crore.