Page 3584 - Business Finance
B J Duplex Boards reports standalone net loss of Rs 0.01 crore in the March 2018 quarter
Reported sales nil
Banaras Beads standalone net profit declines 78.26% in the March 2018 quarter
Sales decline 40.04% to Rs 5.63 crore
Lippi Systems standalone net profit declines 80.77% in the March 2018 quarter
Sales rise 7.39% to Rs 4.36 crore
Invicta Meditek reports standalone net loss of Rs 0.04 crore in the March 2018 quarter
Reported sales nil
Mukat Pipes reports standalone net loss of Rs 0.24 crore in the March 2018 quarter
Sales decline 13.60% to Rs 1.08 crore
Lime Chemicals standalone net profit rises 294.44% in the March 2018 quarter
Sales rise 5.90% to Rs 13.82 crore
Infosys will be watched after nod to delist ADS from Euronext Paris, London
Infosys announced that the voluntary delisting of its American Depositary Shares (ADSs) from the Euronext Paris and Euronext London exchanges has been approved by the board of directors of Euronext Paris SA and by Euronext London. The primary reason for this delisting is the low average daily trading volume of Infosys ADSs on Euronext Paris and Euronext London, which is not commensurate with the related administrative requirements. There will be no change to the Infosys share/ADS count, capital structure or float as a result of the delisting from the above exchanges. Infosys ADSs will continue to be listed on the NYSE under the symbol INFY and investors can continue to trade their ADSs on the NYSE as before. The announcement was made after market hours yesterday, 11 June 2018.
Market may open on a flat note
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 3 points at the opening bell. Marketmen are keenly awaiting a series of domestic and global events this week.
Global Markets: Stocks choppy, dollar rises as historic Trump-Kim summit starts
SYDNEY (Reuters) - The dollar jumped to a 3-week top on Tuesday while stock markets in Asia were choppy as an historic U.S.-North Korea summit got underway in Singapore, raising some hopes it could pave the way to ending a nuclear stand-off on the Korean peninsula.
Oil edges up on cautious optimism over Trump, Kim summit in Singapore
SINGAPORE (Reuters) - Oil prices edged up along with global markets on Tuesday on cautious optimism over the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.
Brazilians expected to spend less on World Cup celebrations
Some 24 per cent of consumers plan to buy products over the next few weeks to celebrate the 2018 FIFA World Cup in Russia, well below the 50.1 percent who spent money on the 2014 World Cup in Brazil, according to the results of a survey released Monday by the Brazilian Business Confederation.
Global Markets: Dollar rises, stocks inch up as U.S.-North Korea summit gets underway
SYDNEY (Reuters) - The dollar jumped to a 3-week top on Tuesday while Asian stocks edged up as a highly anticipated U.S.-Korea summit got underway in Singapore, potentially paving the way to ending a nuclear stand-off on the Korean peninsula.
New disclosure shows growing Kushner wealth, debt
A newly-released financial disclosure form shows that White House special adviser Jared Kushner's wealth and debt both rose significantly over the year, an indication of the complex state of his finances and the potential conflicts that confront some of his investments. The disclosure issued today by the White House shows that Kushner's assets totalled at least USD 181 million. His previous 2017 disclosure showed assets in the USD 140 million range. Kushner and his wife, Ivanka Trump, jointly held at least USD 240 million in assets last year. But Kushner has also assumed growing debt over the past year, expanding his use of revolving credit accounts and taking on additional debt of between USD 5 and USD 25 million as part of his family company's purchase last year of a New Jersey apartment complex.
Oil steady as Trump, Kim launch summit in Singapore
SINGAPORE (Reuters) - Oil prices were little changed in early Asian trading on Tuesday as markets awaited the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.
Gold eases on firmer dollar; U.S.-N.Korea summit, Fed meeting in focus
BENGALURU (Reuters) - Gold prices edged lower on Tuesday, weighed down by a stronger dollar amid encouraging signs ahead of an historic U.S.-North Korea summit and a likely interest rate hike by the U.S. Federal Reserve.
Dollar rises, stocks cautious before U.S. North Korea summit
SYDNEY (Reuters) - The dollar jumped to a 3-week top on Tuesday while Asian shares started cautiously as investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit, which could set the stage for ending a nuclear stand-off on the Korean peninsula.
Oil steady ahead of Trump meeting with Kim
SINGAPORE (Reuters) - Oil prices were little changed in early Asian trading on Tuesday as markets awaited the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore.
Kim takes late-night stroll in Singapore ahead of summit
North Korean leader Kim Jong Un learned about 'social and economic development' of Singapore during his surprise night visit here on Tuesday.As reported by the Korean Central News Agency, Kim left the St Regis Hotel in Changi, where he is currently residing to visit the tourist attractions of the city-state.Kim is on a two-day visit to Changi to take part in the 'historic' summit with United States President Donald Trump.It was a rare disclosure of itinerary of Kim's foreign trip."Kim Jong Un, chairman of the Workers' Party of Korea and chairman of the State Affairs Commission of the Democratic People's Republic of Korea, toured various places of Singapore on June 11," the KCNA reported.He went around the Great Flower Garden, Singapore's major tourist attraction, Sky Park located on Marine Bay Sands building, and Singapore Fort.Throughout the trip, Kim made an attempt to learn about the social and economic development of Singapore, as reported.During the trip, Kim was accompanied by ..
U.S. reveals ZTE settlement details, ban still in place
WASHINGTON (Reuters) - ZTE Corp's <000063.SZ> settlement with the U.S. Commerce Department that would allow China's No. 2 telecommunications equipment maker to resume business with U.S. suppliers was made public on Monday, days after the company agreed to pay a $1 billion fine, overhaul its leadership and meet other conditions.
Trump sons open clubhouse amid big bet on golf business
Eric Trump cut the ribbon on a new clubhouse at a golf course on Monday and said his family's golf empire is doing "spectacularly," but the few public numbers available suggest tough times in the second year of his father's presidency. Trump and his brother Donald Trump Jr. opened the clubhouse to cheers at the Trump Golf Links at Ferry Point in the Bronx after arriving by the Trump helicopter near the 18th hole. They hope the new building that replaced a temporary tent at the 3-year-old course will boost its fortunes. Data from New York City obtained in a Freedom of Information request by The Associated Press show revenue at the city-owned course in the shadow of the Whitestone Bridge fell 7 per cent last year, echoing some disappointing figures at other Trump resorts. But just how Trump's golf business in general is faring is difficult to tell, given that the company is private. The Trump Organization has made a big bet on golf in the past decade, spending more than a billion ...