Page 692 - Business Finance
Dover Corporation on aggressive talent hunt in India
Dover Corporation, the US-based manufacturer of industrial products, is on an aggressive talent hunt in India, a senior company executive has said.
Volumes jump at Quess Corp Ltd counter
Quess Corp Ltd saw volume of 2.33 lakh shares by 10:48 IST on BSE, a 54.26 fold spurt over two-week average daily volume of 4292 shares
Mindtree board to discuss proposed buyback offer
Leading IT services firm Mindtree's board of directors will meet on Wednesday to discuss the company's proposed buyback, in the backdrop of diversified conglomerate Larsen and Toubro Ltd's (L&T) bid to take over.
Secure Cam expands into India with Rs 200 crore project
Secure Cam IT Solutions, a United Arab Emirates-based security surveillance and IT solutions provider, is expanding into India as part of the launch of its global campaign.The $1.5 billion Secure Our City project offering free surveillance camera systems in 150 countries to kickstart in India this JuneThe company has earmarked about Rs 200 crore for the implementation of 'Secure Our City' in India. As part of the $1.5 billion worldwide campaign that was announced last October, Secure Cam has promised to install about 10,000 cameras for free in one city across 150 countries by 2025.The IT service provider has registered in India as Secure Cam India with offices in Bengaluru and Kochi."We are expanding into India as the country offers a fast-growing market for us within the IT sector. The surveillance camera industry in itself is expected to experience a double-digit growth of about 15 to 20 percent in the next three years and we want to ensure that we are at the forefront of the growth
Jet Airways drops after grounding aircraft
Jet Airways (India) lost 4.52% to Rs 218.70 at 10:15 IST on BSE after the company said that additional six aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements.
ROXX Unveils Actor Parineeti Chopra as its New Face
/ -- The leading tableware and cookware brand relaunches with a new positioning on International Women's Day ROXX, India's leading tableware and cookware brand, has recently signed up actress Parineeti Chopra as the brand ambassador. The brand - ROXX, offers a wide range of products under - glassware, dinnerware, steelware, cookware and non-stick. ROXX positioned as 'Always Special' was launched by Parineeti Chopra on International Women's Day, 8th March, 2019. (Photo: https://mma.prnewswire.com/media/837919/Parineeti_Chopra_Roxx_Brand_Ambassador.jpg) The actress announced her official brand association with ROXX on her social media handles that witnessed a huge traction within hours of going live by the consumers at large. Speaking on the occasion, Abhinav Agarwal, MD, ROXX, said, "ROXX is a fast-growing brand and with Parineeti signing up as brand ambassador, it is sure to add further value to the brand. The choice to have Parineeti representing ROXX was unanimous. Parineeti's ...
Vymo Wins FICCI Award for 'Innovation in Artificial Intelligence and Data Analytics'
/ -- AI-enabled Personal Sales Assistant captures contextual data automatically and predicts next best actions intelligently Vymo (http://www.getvymo.com), a next generation CRM startup, that uses mobility and intelligence as key levers to improve field force productivity, was recognized by FICCI (The Federation of Indian Chambers of Commerce and Industry), the largest and oldest apex business organization in India, at the recently concluded 2nd Edition of the FICCI PICUP Conference for 'Innovation in Artificial Intelligence and Data Analytics'. Judged by an independent panel, consisting of eminent industry leaders, the FICCI PICUP Conference recognizes organizations that provide innovative solutions to real-world problems. This year's jury consisted of Satish Pillai (MD & CEO - CIBIL), VG Kannan (CEO - Indian Banks' Association), Sudhakar Ramasubramanian (MD & CEO - Aditya Birla Idea Payment Bank), MV Nair (Former MD & CEO - Union Bank of India ), Anuradha Rao (Dy. MD - .
Asian markets trend lower, tracking Wall St losses
Markets in Asia are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-US trade talks also revived caution in Chinese markets. The Shanghai Composite lost 1 per cent to 3,059.17 in early trading Wednesday and Hong Kong's Hang Seng fell 0.5 per cent to 29,318.53. Japan's Nikkei 225 index edged 0.1 per cent higher to 21,577.82, while the S&P ASX 200 gave up 0.1 per cent to 6,177.50. South Korea's Kospi sank 1.1 per cent to 2,154.23. Shares were higher in Taiwan, Thailand and Indonesia but fell in Singapore. Investors are looking ahead to the Federal Reserve's interest rate policy update due later Wednesday. The central bank has signalled that it will be "patient" in raising interest rates. "Against the backdrop of heightened concerns over US-China trade and ahead of the Fed meeting, Asia markets may well trade cautiously once again," Jingyi Pan of IG said in a commentary. She added that "the broad sense is that regional markets ...
Bharat Petroleum Corporation Ltd Slides 2.4%, S&P BSE Oil&Gas index Shed 1.34%
Bharat Petroleum Corporation Ltd has added 21.35% over last one month compared to 16.16% gain in S&P BSE Oil&Gas index and 7.95% rise in the SENSEX
Aditya Birla Fashion & Retail allots 16.94 lakh equity shares
Under scheme of arrangement
Board of Procter & Gamble Hygiene and Health Care appoints director
With effect from 19 March 2019
Shares trade lower amid mixed Asian cues
Key benchmark indices were trading lower in early trade amid mixed cues from Asian markets. At 9:22 IST, the barometer index, the S&P BSE Sensex, was down 12.81 points or 0.03% at 38,350.66. The Nifty 50 index was down 8.55 points or 0.07% at 11,523.85.
India's growth in last 5 yrs has been transformational: Shringla
The rapid economic growth and developmental strides of India in the last five years have been transformational and the country is all set to emerge as a USD 5 trillion economy in the next five years, India's envoy to the US has said. India is one of the strongest major emerging economies, India's Ambassador to the US Harsh Vardhan Shringla said at an event organised by the Federation of Indian Chambers of Commerce and Industry with the George Washington University's Institute for International Economic Policy here on Tuesday. In terms of fundamentals of the country's economy, its inflation has come down from over 10 per cent five years ago to about 4.6 per cent, the fiscal deficit has come down from almost six per cent to 3 per cent which are very important indicators, he said. "We have made huge strides in the last five years. I think it has been transformational the way we have grown," Shringla said. "Inflation is also seen as an unpaid tax on the middle class and the poor. So ...
DLF advances after JV with Hines
DLF rose 1.65% to Rs 197.45 at 09:18 IST on BSE after the company's subsidiary and an affiliate of Hines have entered into a joint venture to develop a high-end commercial project in Gurugram.
Prestige Estates Projects Ltd Spurts 2.69%, S&P BSE Realty Index index Gains 1.15%
Prestige Estates Projects Ltd has added 22.72% over last one month compared to 15.82% gain in S&P BSE Realty Index index and 8.16% rise in the SENSEX
Rupee falls 19 paise against US dollar in early trade
The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers. At the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers. However, it recovered partially to quote 15 paise down at 69.15 against the dollar. Forex dealers said crude price surge to a four-month high of USD 67.47 per barrel overseas weighed on the Indian unit, but weakness in the dollar against a basket of currencies limited the fall. Halting its six-day winning run, the Indian rupee Tuesday edged lower by 43 paise to close at 68.96 against the US dollar on emergence of demand for the greenback from importers. Meanwhile, foreign institutional investors (FIIs) bought shares worth Rs 2,132.36 crore on a net basis Tuesday, provisional data showed. The benchmark BSE Sensex gained 28.74 points, or 0.07 per cent, to ...
China Telecom Global partners with Tata Communications
To launch global Internet of Things (IoT) service in the Chinese market
DLF in focus after JV with Hines
DLF announced its second joint venture with Hines. DLF Home Developers (DHDL), a wholly owned subsidiary of DLF, and Green Horizon Trustee, an affiliate of Hines, have entered into a joint venture to develop a high-end commercial project in Gurugram. The announcement was made after market hours yesterday, 19 March 2019.
Market may open lower
Market is seen opening lower, tracking mixed cues from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 8.50 points at the opening bell.
US stocks close mixed amid economic data
US stocks ended mixed as investors digested a slew of newly-released economic data.