Page 3593 - Business Finance
Thakral Services (India) standalone net profit declines 93.78% in the March 2018 quarter
Sales decline 45.28% to Rs 5.56 crore
Kapil Cotex reports standalone net profit of Rs 0.01 crore in the March 2018 quarter
Reported sales nil
Binayaka Tex Processors standalone net profit rises 1054.55% in the March 2018 quarter
Sales rise 2.90% to Rs 41.13 crore
Ganesh Benzoplast standalone net profit rises 1729.25% in the March 2018 quarter
Sales rise 53.12% to Rs 47.79 crore
Informed Technologies India reports standalone net loss of Rs 0.18 crore in the March 2018 quarter
Sales decline 19.40% to Rs 0.54 crore
Grauer & Weil (India) standalone net profit declines 52.24% in the March 2018 quarter
Sales rise 18.93% to Rs 148.30 crore
Global Markets: Stocks, euro climb as calm in Italy overshadows chaotic G7
LONDON (Reuters) - European stocks climbed on Monday, shrugging off the weekend's fractious G7 summit as investors looked forward to a week packed with diplomatic, policy and political events while reassuring comments from Italy pushed the euro up.
Bengaluru leading city in tech job opportunities: Report
Bengaluru is the leading city for those seeking job opportunities in the technology sector, followed by Delhi-NCR and Pune in the second and third place, respectively, says a report. According to data from Indeed, a leading job site, 22 per cent of all job postings in the technology sector originates from Bengaluru, while Delhi-NCR accounts for 11 per cent and Pune (10 per cent). "Aptly named the Silicon Valley of India, it comes as no surprise that Bengaluru continues to lead in terms of job opportunities in the technology sector, given that it has in the past been the home ground for several startups," the report said. Other top cities in technology jobs include Hyderabad (9 per cent), Mumbai (8 per cent), Chennai (7 per cent), Mohali (4 per cent) and Ahmedabad (3 per cent). While the actively job seeking age group of 20-29 year old continue to show a relatively high level of interest in the technology sector, the age group is also the most actively hired. Interestingly, senior ...
No intent to control sugar sector; just helping mills clear cane arrears via MSP: Govt
The Centre does not want to regulate the sugar sector and has fixed the minimum selling price for the sweetener, as also stock limits on mills, only in the interest of farmers, consumers as well as small units, a senior food ministry official said today. The official also ruled out any increase in the minimum selling price of sugar and wondered as to why consumers will pay more in a glut market. To bailout the cash-starved sugar industry, the government had last week decided to create a buffer stock of three million tonnes and fixed minimum selling price of sugar besides imposing monthly stock limit on mills. Sugar industry bodies like ISMA and NFCSF have demanded higher minimum selling price of sugar saying that Rs 29/kg is inadequate to cover the production cost which is at around Rs 34-36/kg. "The floor price cannot be the maximum price. Mills were selling at Rs 25/kg, now the minimum selling price has been fixed at Rs 29/kg. They are gaining Rs 4/kg. This is a decent price in the .
Market holds firm
Firmness prevailed on the bourses in mid-afternoon trade on steady buying in index pivotals. At 14:16 IST, the barometer index, the S&P BSE Sensex, was up 198.94 points or 0.56% at 35,642.61. The Nifty 50 index was up 63.55 points or 0.59% at 10,831.20. Most metal and mining stocks rose. Shares of FMCG major Hindustan Unilever gained.
Market logs small gains
Key benchmark indices logged small gains on first trading day of the week . The barometer index, the S&P BSE Sensex, rose 39.80 points or 0.11% at 35,483.47, as per the provisional closing data. The Nifty 50 index rose 19.30 points or 0.18% at 10,786.95, as per the provisional closing data. Traders and investors are closely awaiting a series of domestic and global events this week.
AIBEA urges RBI to revoke lending restrictions on Dena Bank
The All India Bank Employees Association (AIBEA) has urged RBI governor Urjit Patel to revoke lending restrictions on Dena Bank, claiming the move will deteriorate its financial health further. In view of high non-performing assets (NPAs), the Reserve Bank of India (RBI) last month had initiated prompt corrective action (PCA) against Dena Bank, restricting the lender from giving fresh credit and conducting new hirings. "We regret that RBI has made a virtual embargo on any lending in Dena Bank. Chocking the bank's lending operations will further deteriorate its health," AIBEA general secretary CH Venkatachalam said in a letter dated June 10 addressed to the RBI governor. "The step has created undue panic in the minds of the bank's customers and employees," he added. The letter said Dena Bank, though not a very big bank in terms of size and business volume, has been playing a very effective role in economic development especially in the main geographical areas of its ...
FPIs turn net buyers
Net inflow of Rs 16.09 crore on 8 June 2018
Nifty June futures at marginal discount
Turnover on NSE's F&O segment rises
Audi CEO named as suspect in German emissions probe
FRANKFURT (Reuters) - German prosecutors on Monday widened an emissions cheating probe into Volkswagen's luxury carmaker Audi to include the brand's Chief Executive Rupert Stadler among the suspects accused of fraud and false advertising.
India's petrol, diesel demand rise to record highs in May
(Reuters) - India's domestic sales for diesel and petrol rose to record highs in May, pushing the country's overall fuel consumption for the month higher year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Saturday.
Sensex rises; Bharti Airtel leads gains
(Reuters) - Indian shares rose for a third session in four on Monday, led by Bharti Airtel Ltd, as investor sentiment was lifted by gains in Asian stocks ahead of a summit between the United States and North Korea that seeks to ease regional tensions.
Vegoils: Malaysian palm oil extends losses, hits one-month low
JAKARTA (Reuters) - Malaysian palm oil futures extended a downward trend, closing 0.3 percent lower on Monday as weak demand weighed on prices.
Morocco, Nigeria sign gas pipeline agreement
Morocco and Nigeria signed three cooperation agreements, including an agreement for a strategic Morocco-Nigeria gas pipeline, during the visit here of Nigerian President Muhammad Buhari.
Nickel gains on rising demand
Nickel gained further at the non-ferrous metals market today due to stockists' buying amid rising demand from alloy industries. Elsewhere, aluminium ingots and lead rebounded owing to fresh demand from alloy industries. Meanwhile, copper utensils and copper armature slipped due to subdued demand from consuming industries. Tin prices rose by Rs 5 per kg to Rs 1,475 from last Saturday's closing level of Rs 1,470. However, copper utensils moved down by Rs 5 per kg to Rs 450 as against Rs 455 and copper armature softened by a rupee per kg to Rs 479.