Page 832 - Business Finance
Vedanta Ltd gains on continued buying support
Vedanta Ltd is quoting at Rs 168.6, up 2.43% on the day as on 12:49 IST on the NSE. The stock is down 50.1% in last one year as compared to a 2.82% spurt in NIFTY and a 29.96% spurt in the Nifty Metal.
Tata Motors-DVR up for fifth session
Tata Motors-DVR is quoting at Rs 88.3, up 0.51% on the day as on 12:44 IST on the NSE. The stock is down 56.66% in last one year as compared to a 2.82% spurt in NIFTY and a 24.41% spurt in the Nifty Auto.
Canada's Barrick Gold considers hostile $19 bln bid for Newmont Mining: media
MELBOURNE (Reuters) - Canada's Barrick Gold Corp is considering a hostile bid for Newmont Mining Corp for about $19 billion in stock, in what would potentially be one of the largest-ever mining deals, the country's Globe and Mail newspaper reported.
Poll: Japan January output seen falling at fastest pace in a year on China
TOKYO (Reuters) - Japan's industrial output in January is forecast to have fallen at the fastest pace in a year as exports to China tumble due to a bruising trade war with the United States.
Flat German net trade contributes to fourth-quarter stagnation: stats office
BERLIN (Reuters) - German exports rose by as much as imports in the fourth quarter, data showed on Friday, contributing to an economic stagnation in Europe's largest economy.
Crude oil prices bounce 0.42% on upbeat domestic demand
Crude oil prices rose 0.42 per cent to Rs 4,078 per barrel in futures market Friday as speculators created fresh bets, taking positive cues from domestic markets. Crude for delivery in March was trading higher by Rs 17, or 0.42 per cent, at Rs 4,078 per barrel in futures trade at the Multi Commodity Exchange in a business turnover of 14,805 lots. Crude to be delivered in April also traded higher by Rs 17, or 0.41 per cent, at Rs 4,124 per barrel in 631 lots. Analysts said, speculators built fresh positions after oil prices rose in the global markets, giving lift to crude oil prices in futures trade here. Meanwhile, West Texas Intermediate gained 0.19 per cent to USD 57.07, while Brent crude traded 0.10 per cent higher at USD 67.14 per barrel.
Global Markets: China rebound drives Asian shares higher
SHANGHAI (Reuters) - Shares in Asia recouped early losses on Friday, buoyed by strong gains in China as signs of progress in trade talks with the United States offset worries about a deteriorating global economic outlook.
Gold futures weaken by Rs 4 per 10 gram
Gold prices were down by Rs 4 to Rs 33,445 per 10 gram in futures trade Friday as speculators reduced exposure despite a firm trend in the precious metal overseas. At the Multi Commodity Exchange, gold for delivery in April traded lower by Rs 4, or 0.01 per cent, at Rs 33,445 per 10 gram in a business turnover of 14,884 lots. The gold for delivery in June contracts also fell by Rs 8, or 0.02 per cent, to Rs 33,640 per 10 gram in 6,751 lots. Marketmen said the fall in gold prices at futures trade in the domestic market was mostly due to trimming of positions by participants. Globally, however, the yellow metal was trading a shade higher by 0.23 per cent at USD 1,326.33 an ounce in Singapore.
Oil prices stable on trade hopes, but record U.S. output weighs
SINGAPORE (Reuters) - Oil prices reversed earlier falls on Friday, lifted by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
Strong market breadth
The market turned range bound in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, was down 37.84 points or 0.11% at 35,860.51. The Nifty 50 index was down 1.45 points or 0.01% at 10,788.40.
Bartronics India Ltd leads gainers in 'B' group
Arrow Textiles Ltd, Brooks Laboratories Ltd, IMP Powers Ltd and BSEL Infrastructure Realty Ltd are among the other gainers in the BSE's 'B' group today, 22 February 2019.
Sustainability a Prerogative for Indian Faade and Fenestration Industry - ANAROCK Report
/ -- Indian faade industry worth INR 15,000 Cr, growing 20% annually; global faade market to reach USD 340 billion by 2024 Fenestration and curtain wall industry pegged at INR 10,000 Cr - 65% share by fenestration, 35% by curtain walls Sustainable, eco-friendly faade products now an industry imperative Sustainable and eco-friendly faade developments focused on energy conservation and reduced dependency on fossil fuels are the new imperative of the rapidly-growing faade and fenestration industry, states ANAROCK's Fenestration Industry Report. The report, in association with World of Fenestration, was released at the World of Fenestration 2019 event in New Delhi today. (Logo: https://mma.prnewswire.com/media/701435/ANAROCK_Logo.jpg ) Santhosh Kumar, Vice Chairman - ANAROCK Property Consultants, says, "Rapid real estate and infrastructure development in India directly impact the demand for faade and fenestration products, particularly in office spaces. Our cities are going increasingly .
Suzlon Energy Ltd leads gainers in 'A' group
Reliance Communications Ltd, Reliance Naval & Engineering Ltd, Reliance Infrastructure Ltd and Reliance Nippon Life Asset Management Ltd are among the other gainers in the BSE's 'A' group today, 22 February 2019.
Huge investment opportunities for ASEAN companies in India: Chaudhary
There are huge opportunities for south east Asian companies to increase investments in India in areas such as medical devices, fishing and ship-building, Minister of State for Commerce and Industry C R Chaudhary said Friday. To enhance economic cooperation between the two regions, companies from India and Association of south east Asian nations (ASEAN) can also form joint ventures and set up entities to start manufacturing here, he said, adding that increasing trade and investment is critical for both regions as each side hold huge potential India has relaxed several laws and regulations under its Make in India initiative to attract investments, he said here at the fourth India-ASEAN Expo and Summit 2019. "I would like to request the ASEAN companies to enhance increasing cooperation in MSME sector. We can increase investments in various sectors like airlines, fishing and ship building. We need medical devices and apparatus, and ASEAN companies can get an opportunity in this area," he .
AU Small Finance Bank gains after entering into agreement
AU Small Finance Bank rose 1.17% to Rs 583.45 at 11:13 IST on BSE after the company entered into agreement with ACKO General Insurance Company for general insurance as corporate agent.
Harvard Business School Online Announces Two New Courses, Leadership Principles and Global Business
/ -- Harvard Business School Online is launching two new courses this spring for professionals looking to broaden their business skills and accelerate their careers. Leadership Principles will help new and aspiring leaders unleash their potential and cultivate high-performing teams. Global Business will help individuals turn the uncertainty of today's global economy into business opportunities. Leadership Principles brings the Harvard Business School approach to leadership development online through interactive exercises and learning tools that enable students to establish and apply their leadership style, and give and receive feedback from peers. The course was developed and will be taught by Harvard Business School Professors Joshua Margolis and Anthony Mayo. In Global Business, participants will learn from real-world leaders as they analyze and debate the implications of macroeconomic indicators, public policies, and other global phenomena in order to make better business ...
ZTE to Make Its Mark as Key Driver of Global 5G Development at MWC 2019 with Extensive Showcase of Supreme 5G Experiences
/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, today announced detailed updates on the showcase of its latest commercial development of end-to-end 5G technologies at Mobile World Congress (MWC) 2019, which will commence on February 25, 2019. It will also share insights and showcase its best business practices in the exploration of new 5G services and collaboration with global operators on network deployment. During MWC, ZTE will also unveil its first 5G flagship device which is scheduled to roll-out in the European and Chinese markets in the first half of 2019. ZTE's latest Blade V10 Series will also be introduced, reinforcing ZTE's ongoing commitment to delivering unprecedented user experiences for young consumers around the world. Other exciting technical demonstrations include 5G Indoor Customer Premises Equipment (CPE), Internet of Things ( IoT), Internet of ...
Alibaba CEO rules out layoffs this year
SHANGHAI (Reuters) - Alibaba Group Holding Ltd expects to avoid layoffs this year despite China's economic slowdown, CEO Daniel Zhang said on Friday.
Broader market trades higher
Key benchmarks bounced back from early lows and were trading almost flat in morning trade. At 10:25 IST, the barometer index, the S&P BSE Sensex, was up 1.63 points at 35,899.98. The Nifty 50 index was flat at 10,789.75. Sentiment continued to be fragile due to negative global cues.
Singapore's OCBC shocks with near 2-year low quarterly profit, cautious on outlook
SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corp Ltd unexpectedly reported its lowest quarterly profit in nearly two years, pinning the blame on its insurance unit and saying a slowing economy will intensify challenging business conditions.