Page 3710 - Business Finance
Southern Magnesium & Chemicals reports standalone net loss of Rs 0.45 crore in the March 2018 quarter
Sales decline 82.46% to Rs 0.20 crore
Zenith Exports reports standalone net loss of Rs 2.05 crore in the March 2018 quarter
Sales decline 7.11% to Rs 24.04 crore
U P Hotels standalone net profit rises 312.98% in the March 2018 quarter
Sales rise 3.87% to Rs 28.45 crore
Himadri Speciality Chemical standalone net profit rises 134.38% in the March 2018 quarter
Sales rise 46.63% to Rs 550.75 crore
Standard Industries reports standalone net profit of Rs 21.25 crore in the March 2018 quarter
Sales rise 69.44% to Rs 3.66 crore
Wall Street Week Ahead: Healthcare investors weigh bets as election risks loom
NEW YORK (Reuters) - If 2016 is any guide, pharmaceutical, biotech and other healthcare stocks could be in for a rough summer and fall heading into another round of U.S. elections.
World's top wealth fund backs activist proposals at Facebook meeting
OSLO (Reuters) - Norway's $1 trillion wealth fund backed a wide range of activist shareholder proposals at Facebook's annual meeting on Thursday, including a measure to improve the company's oversight of questionable content, the fund's voting record showed on Friday.
Reliance Group raises Rs 1,400 cr by listing UK-based Codemasters
Reliance Group on Friday said that it has raised Rs 1,400 crore by listing Codemasters, its UK-based gaming unit in the AIM market of the London Stock Exchange.
Deutsche Bank gets key investor backing as S&P doubts strategy
FRANKFURT (Reuters) - Deutsche Bank and its biggest investor sought to reassure shareholders and staff of its financial strength after a ratings downgrade on Friday questioned its ability to implement a plan to return to profitability.
Spending on AR/VR to reach $27 billion in 2018: IDC
Spending on augmented reality and virtual reality (AR/VR) products and services is forecast to reach $27 billion in 2018, a 92 per cent increase year over year, according to a new update from the International Data Corporation (IDC).
Nifty June futures at discount
Turnover on NSE's F&O segment drops
Legal & General sells 26% in IndiaFirst to Warburg Pincus
Legal and General is exiting the insurance business in India by selling its entire 26 per cent stake in IndiaFirst Life Insurance to an affiliate of Warburg Pincus LLC (Warburg Pincus). While the company did not disclose the exact transaction value, sources with access to information said the deal size was around Rs 710 crore. It is subject to approval from the Insurance Regulatory and Development Authority of India, along with other regulatory approvals, a release issued here said. "We have refocused its insurance business in recent years in the UK and the US and as a consequence we have disposed of a number of operations, including our businesses in The Netherlands, Ireland, France, Egypt and The Gulf," Simon Burke, Group commercial director, Legal & General said. "We are now following this strategy in relation to our stake in IndiaFirst Life. We are delighted to have reached an agreement in principle with Warburg Pincus, subject to regulatory approvals," he ...
Halonix Technologies all set to embark into smart lighting with 22 pct YoY growth target
Halonix Technologies Pvt. Ltd., one of the country's most progressive and environment friendly lighting companies is all set to launch a wide range of Smart Lighting products. The company also plans to break into newer markets and achieve over 20-22 percent YoY growth rate with an aim to realize Rs. 10 billion revenue in next five years, said Rakesh Zutshi, Managing Director, Halonix Technologies Limited."With our immediate plans to expand ourselves aggressively in West and South India, we aim to garner Rs. 4.4 billion revenue in the current financial year. We are already very strong in North and Eastern markets," he added."Recent government initiatives like 'Make In India' and 'Housing For All' are truly being instrumental in driving the growth of Halonix in India. Already there is huge demand for branded Halonix LED lighting products in the market. We look forward to seize the opportunity in a big way with a wide array of LED lighting products--which also include our newly launched .
Marchionne leaves Fiat Chrysler debt free as prepares to sever ties
BALOCCO, Italy (Reuters) - Fiat Chrysler's Sergio Marchionne laid out his final strategy as chief executive on Friday with a focus on sport utility vehicles and electric and hybrid cars as his era at the wheel nears its end.
Gold steadies below $1,300/oz ahead of U.S. payrolls data
LONDON (Reuters) - Gold steadied below $1,300 an ounce on Friday ahead of U.S. payrolls data due later that will be closely watched for clues on the outlook for U.S. interest rate policy.
Volvo bets on electrified vehicles, looks at higher growth
Swedish luxury automobiles major Volvo Car India, which is betting big on electrified vehicles, is looking at over 28 per cent sales growth in the current year, an official said here on Friday.
Sensex, Nifty settle with modest losses
Key benchmark indices logged modest losses on last trading day of the week weighed by data showing manufacturing PMI growth has slowed in May. The barometer index, the S&P BSE Sensex, lost 95.12 points or 0.27% to settle at 35,227.26. The Nifty 50 index lost 39.95 points or 0.37% to settle at 10,696.20. Auto stocks gained after declaring good sales volume data for May 2018. Power generation stocks fell.
Expo Gas Containers reports standalone net loss of Rs 1.02 crore in the March 2018 quarter
Sales rise 75.16% to Rs 15.94 crore
Neelamalai Agro Industries standalone net profit declines 54.74% in the March 2018 quarter
Sales rise 7.74% to Rs 7.38 crore