Page 424 - Business Finance
Piramal Phytocare reports standalone net loss of Rs 2.96 crore in the March 2019 quarter
Sales rise 121.30% to Rs 4.78 crore
Paushak standalone net profit rises 24.55% in the March 2019 quarter
Sales rise 2.15% to Rs 38.55 crore
Hester Biosciences standalone net profit rises 37.40% in the March 2019 quarter
Sales rise 35.87% to Rs 48.83 crore
Vishnu Chemicals standalone net profit declines 33.73% in the March 2019 quarter
Sales decline 3.69% to Rs 168.21 crore
V I P Industries standalone net profit declines 43.40% in the March 2019 quarter
Sales rise 19.91% to Rs 434.76 crore
Sanofi India standalone net profit rises 12.61% in the March 2019 quarter
Sales rise 16.12% to Rs 717.30 crore
Hindustan Composites standalone net profit declines 28.74% in the March 2019 quarter
Sales decline 12.33% to Rs 50.28 crore
Sun Pharma Advanced Research Company reports standalone net loss of Rs 9.35 crore in the March 2019 quarter
Sales rise 322.25% to Rs 84.83 crore
Jyothy Laboratories standalone net profit rises 11.10% in the March 2019 quarter
Sales rise 6.28% to Rs 504.29 crore
Elantas Beck India standalone net profit declines 58.10% in the March 2019 quarter
Sales rise 1.28% to Rs 98.49 crore
Escorts standalone net profit rises 7.83% in the March 2019 quarter
Sales rise 13.62% to Rs 1631.66 crore
Bharti Airtel shares decline over 3 pc after Q4 results
Shares of Bharti Airtel declined over 3 per cent Tuesday after its March quarter results failed to lift investors' sentiment. The scrip fell 3.10 per cent to close at Rs 323.05 on the BSE. During the day, it dropped 3.71 per cent to Rs 321. On the National Stock Exchange (NSE), its shares declined 2.87 per cent to close at Rs 323.85 apiece. In terms of traded volume, 5.72 lakh shares were traded on the BSE and over one crore units on the NSE during the day. Telecom operator Bharti Airtel Monday reported a surprise 29 per cent surge in March quarter net profit as exceptional income gains and Africa business helped offset losses in India mobile services operations. The company, whose profitability has been battered by intense price competition posed by richest Indian Mukesh Ambani's Reliance Jio, earned a net profit of Rs 107.2 crore in the January-March period as against Rs 82.9 crore it earned in the corresponding period of the previous fiscal. This is the first rise in profit after ..
'Fani': Adanis, ICICI Bank commit Rs 35 cr to Odisha
To bolster Odisha's efforts in rebuilding and restoration post-cyclone Fani, Adani Ports and ICICI Bank have donated a total of Rs 35 crore to the Chief Minister's Relief Fund (CMRF).
Selan Explorations Technology Offer for Buyback of equity shares
Of FV of Rs 10/- each
ICICI Bank shares fall nearly 4 pc after Q4 results
Shares of ICICI Bank fell by nearly 4 per cent Tuesday after the company's fourth quarter earnings failed to impress investors. The scrip dropped 3.77 per cent to close at Rs 386.25 on the BSE. During the day, it plunged 4.33 per cent to Rs 384. On the National Stock Exchange (NSE), the bank's shares declined 3.76 per cent to close at Rs 386.20 apiece. On the traded volume front, 20.15 lakh shares were traded on the BSE and over four crore shares on the NSE during the day. Private sector lender ICICI Bank Monday posted a 2.45 per cent rise in its consolidated net profit to Rs 1,170 crore in the fourth quarter of 2018-19. The bank had registered a net profit of Rs 1,142 crore in the January-March period of the previous fiscal 2017-18. On a standalone basis, its profit fell to Rs 969 crore in the March quarter, as against Rs 1,020 crore in the corresponding period a year earlier. Its total consolidated income rose to Rs 36,784.25 crore during the quarter, compared to Rs 33,760.07 crore .
Lufthansa eyes Thomas Cook's Condor with buyout offer
European airline giant Lufthansa said Tuesday it had offered to buy carrier Condor from British parent company Thomas Cook, opening a new chapter in its fast-paced growth through buyouts. "We have made a non-binding offer for Condor, with the option of extending it to all Thomas Cook airlines," a spokesperson told AFP. Tuesday was the deadline set by Thomas Cook for possible buyers to declare their interest in Germany-based Condor and Thomas Cook Airlines, which flies from the UK and Scandinavian countries. The group announced a possible sale in whole or in part in February as part of a "strategic review". Struggling with financial woes, the tourism group hopes to use income from a selloff to fund new investments in its hotels and in digitisation. The carriers boast 103 planes and carried 20 million passengers in 2018, delivering an operating profit of 129 million pounds (USD 169 million, 151 million euros) even as the Thomas Cook group as a whole made a loss. Condor's fleet could be .
Nifty settles below 11,500 mark
Key domestic indices ended sharply lower, tracking mixed global cues amid worries about US-China trade dispute. The Nifty ended a tad below 11,500 level.
Sensex drops 324 points, Nifty settles below 11,500
Equity benchmark indices erased morning gains and turned red in the afternoon session on Tuesday amid worries over US-China trade talks that could be derailed.All sectoral indices except IT were in the negative zone at National Stock Exchange following cues from Asian markets.The S & P BSE Sensex shed 324 points to close at 38,277 while the Nifty 50 was down 100 points to 11,498.Nifty Media index declined 2.7 per cent amid heavy selling pressure while Nifty PSU Bank was down 2.2 per cent.Among stocks, Zee Entertainment fell over 6 per cent. Bharat Petroleum, Tata Motors and Bharti Airtel slipped over 2 per cent while heavyweight Reliance Industries was down 1.75 per cent.Those which gained were Hindalco, Hindustan Lever, Power Grid, Bharti Infratel and Titan.Jewellery stocks including Tribhovandas, Rajesh Exports and PC Jeweller also traded higher as many Indians believe that buying gold or jewellery on the day of Akshaya Tritiya is auspicious.Meanwhile, Asian shares remained ...