Page 857 - Business Finance
Governance panel opposed to Renault chairman being named Nissan head-sources
TOKYO (Reuters) - An external committee tasked by Nissan Motor Co to help improve corporate governance at the Japanese firm is opposed to the idea of Renault's chairman being appointed to lead Nissan's board, two people familiar with the matter said.
Global Markets: U.S.-China trade hopes extend equity surge; central banks supportive
LONDON (Reuters) - World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish backdrop at major central banks also helping push markets back into the black.
Times Guaranty Ltd leads losers in 'B' group
Ambition Mica Ltd, Sambhaav Media Ltd, Think Ink Studio Ltd and Ind Bank Housing Ltd are among the other losers in the BSE's 'B' group today, 20 February 2019.
Volumes spurt at S H Kelkar & Company Ltd counter
S H Kelkar & Company Ltd notched up volume of 4.26 lakh shares by 14:19 IST on NSE, a 14.78 fold spurt over two-week average daily volume of 28805 shares
On its maiden flight, India's SSLV will carry two defence satellites
The Indian space agency will fly two small defence satellites in July/August on its new rocket --now known as Small Satellite Launch Vehicle (SSLV) - said a top official of Indian Space Research Organisation (ISRO).
Board of Prime Customer Services approves increase in authorised share capital and issue of convertible warrants
At meeting held on 19 February 2019
Truecaller crosses 100 mn daily users mark in India
Swedish caller identification app Truecaller on Wednesday announced that the platform has crossed the 100 million mark in terms of daily active users in India.
Sensex, Nifty pare gains; capital goods shares advance
Key indices firmed up once again, but failed to breach the day's high and pared gains in mid-afternoon trade. At 14:20 IST, the barometer index, the S&P BSE Sensex, was up 178.37 points or 0.50% at 35,530.98. The Nifty 50 index was up 57.85 points or 0.55% at 10,662.20. The undertone of the market continued to be strong amid positive global cues.
Ghosn's new lawyer says he should be released on bail
TOKYO (Reuters) - The new lawyer for ousted Nissan Chairman Carlos Ghosn said his client should be released on bail while awaiting trial and that Japan was out of step with international norms.
Silver futures rise 0.16% on global cues
Silver futures traded higher by 0.16 per cent to Rs 40,620 per kg Wednesday after speculators raised bets, driven by a firm trend overseas. Silver for delivery in March traded higher by Rs 63, or 0.16 per cent, to Rs 40,620 per kg in a business turnover of 1,234 lots at the Multi Commodity Exchange. Besides, the white metal to be delivered in April, rose by Rs 42, or 0.11 per cent, to Rs 36,965 per kg in 13,529 lots. Analysts said, widening of positions by traders in sync with a firm trend overseas for precious metals, influenced silver prices here. In the international market, silver traded higher by 0.60 per cent at USD 16.04 an ounce in Singapore.
Lockheed Martin unveils 'F-21' fighter jet for India, from India
Lockheed Martin (NYSEThe F-21 provides unmatched Make in India opportunities and strengthens India's path to an advanced airpower future.The F-21 addresses the IAF's requirements and integrates India into the world's largest fighter aircraft ecosystem with the world's pre-eminent defence company. Lockheed Martin and Tata Advanced Systems would produce the F-21 in India, for India."The F-21 is different, inside and out," said Dr Vivek Lall, Vice President of Strategy and Business Development for Lockheed Martin Aeronautics. "The new [F-21] designation highlights our commitment to delivering an advanced, scalable fighter aircraft to the Indian Air Force that also provides unrivalled industrial opportunities and accelerates closer India-US cooperation on advanced technologies."This Make in India opportunity combines the strength of the world's largest defence contractor with India's premier industrial house to deliver a historic win-win for India and the United States. This story is ...
H.G. Infra Engineering successfully bids for NHAI road project in Rajasthan
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Gujarat Poly Electronics update on proposed sale of surplus land at Gandhinagar
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Nucleus Software engages with Tanzania's CRDB Bank
Implements Nucleus FinnOne Collections and Lending Analytics for digital transformation of CRDB Bank's collection processes
Board of Bajaj Healthcare approves bonus issue of 1:1
1) Increase the Authorized Share Capital from Rs. 10 crore divided into 1,00,00,000 Equity Shares of Rs. 10 each to Rs. 14 crore divided into 1,40,00,000 Equity Shares of Rs.10 each.
Aarti Industries enters into contract worth $125 mn with global chemical conglomerate
The plant is expected to commission in Q4 FY 2021, with average annual revenue of $ 12.5 million. The end use of the product is one of the major new growth initiative for the customer. The supply quantities of the contract will be used to seed the market and increase the potential market size of the product.
Cathay Pacific says 2018 profit to blow past consensus as revamp pays off
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on Wednesday.
Indivior launches generic version of opioid drug after losing court battle
(Reuters) - Indivior Plc has launched a copycat version of its blockbuster opioid addiction drug in the United States, the British drugmaker said on Wednesday, after losing a prolonged court battle to block generic rivals in its biggest market.
GST Council defers decision on tax on real estate; extends deadline for sales returns till Feb 22
The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline for businesses to file sales returns for January till Friday. Briefing reporters after a meeting of the GST Council on Wednesday, Finance Minister Arun Jaitley said, because of the rush of filing of returns, the due date has been extended till February 22 for all states; and February 28 for Jammu & Kashmir. The due date for filing summary sales return - GSTR-3B - is February 20. With regard to goods and Services Tax (GST) rate on under-construction housing properties, Jaitley said, since certain states wanted physical meeting for this agenda, hence, the Council would meet again on February 24 to take a decision. Today's meeting has been adjourned till Sunday, Jaitley said, adding discussion on real estate and lottery will continue.