Page 829 - Business Finance
Mahindra CIE Automotive reports standalone net loss of Rs 89.48 crore in the December 2018 quarter
Sales rise 9.54% to Rs 614.91 crore
Niti Aayog pushes banks to pass on RBI rate cut
Government think tank Niti Aayog Vice Chairman Rajiv Kumar on Friday said banks are in a position to pass on interest rate cut benefits to the consumers and the industry.
Indo-Canada Chamber of Commerce and TPCI to work closely to develop bilateral trade
TPCI assures visiting delegation to facilitate technology transfer and trade promotion
Hong Kong Market gains 1.1%
Investors continue to closely watch high-level talks between U.S. and Chinese trade negotiators in Washington, with little more than a week left before a U.S.-imposed deadline for an agreement expires, triggering higher tariffs.
Quick Wrap: Nifty Metal Index records a surge of 1.65%
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Oil prices firm on trade hopes, but record U.S. output drags
LONDON (Reuters) - Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
Sri Lanka central bank cuts banks' liquidity ratio to spur loan growth
COLOMBO (Reuters) - Sri Lanka's central bank unexpectedly slashed banks' statutory reserve ratio on Friday to spur credit growth as policymakers struggle to boost the island's faltering economy after a political crisis.
Airbus sees market for widebody jets at Indian budget carriers
BENGALURU (Reuters) - Airbus SE is pushing for fast-growing Indian budget carriers to make the leap into low-cost, long-haul widebody operations to compliment their existing narrowbodies, an executive from the planemaker said.
Bankers' consortium finalising Jet's long term resolution plan: PNB
The Punjab National Bank (PNB) on Friday said the bankers' consortium is finalising Jet Airways' resolution plan for the long term as the lenders favour preserving the value of the airline.
India Ratings maintains stable outlook for auto sector in 2019-20
Ratings agency India Ratings and Research (Ind-Ra) has maintained a stable outlook on the auto sector, anticipating improving sales in the sector during the next fiscal over expectations of better liquidity in non-bank financial companies.
Fed permanently bars former JPMorgan banker over China hiring scandal
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Thursday it was barring former JPMorgan Chase & Co Managing Director Timothy Fletcher from the industry for life over his role in a China hiring program for which the bank was fined $264 million in 2016.
Telangana presents Rs 1.82 lakh cr interim budget
Fulfilling poll promises of unemployment allowance, hike in social security pensions and farm loan waiver, Telangana Chief Minister K. Chandrashekhar Rao on Friday presented Vote-on-Account Budget for 2019-20 that has an expenditure of Rs 1,82,017 crore, an increase of 4 per cent over the previous year's Budget.
National Stock Exchange Of India consolidated net profit rises 4.34% in the December 2018 quarter
Sales rise 10.54% to Rs 760.44 crore
Purshottam Investofin standalone net profit declines 18.31% in the December 2018 quarter
Sales decline 88.89% to Rs 0.67 crore
Asis Logistics reports standalone net loss of Rs 1.71 crore in the December 2018 quarter
Sales rise 51.81% to Rs 1.26 crore
Gopal Iron & Steels Co.(Gujarat) reports standalone net loss of Rs 0.43 crore in the December 2018 quarter
Sales decline 48.50% to Rs 1.55 crore
Easun Reyrolle reports standalone net loss of Rs 2.57 crore in the December 2018 quarter
Sales rise 52.47% to Rs 6.48 crore
Buyout firms abandon debt-laden ways for pricey deals
(Reuters) - Some private equity firms that are keen to put their swelling cash piles to work are paying for expensive acquisitions of fast-growing companies mostly out of their own pockets and trimming back their reliance on debt.
Global shares nudge higher, Aussie dollar rebounds after slide
LONDON (Reuters) - Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied it had halted Australian coal imports.
Shell companies: e-filing details must for all firms
Continuing with its crackdown on "fly by night and dummy" entities through stringent KYC regulations, the government has made it mandatory for over 12 lakh active registered companies in India to upload all their particulars including details of registered offices in an e-filing to the government.