Page 873 - Business Finance
Bodal Chemicals advances after resuming operations
Bodal Chemicals rose 4.72% to Rs 94.35 at 09:50 IST on BSE after the company said it has restarted remaining of dye intermediate and dyestuff operations.
Top Citgo executives removed amid battle to control firm - sources
(Reuters) - Citgo Petroleum Corp has removed at least three top executives close to Venezuelan President Nicolas Maduro, people familiar with the matter said on Monday, in a move to cement management control under a new board of directors.
Barclays launches more than 100 Brexit 'clinics' for small businesses
LONDON (Reuters) - Barclays will host more than 100 clinics for small business customers in March to help them to prepare for Britain's exit from the European Union at the end of that month, the bank said on Tuesday.
China's Vice Premier to visit US for trade negotiations
The Chinese Commerce Ministry on Tuesday confirmed that Vice Premier Liu He will visit the US for a new round of negotiations aimed at resolving the ongoing trade war between Washington and Beijing.
Sensex up 130 points, financials gain
The Sensex advanced over 130 points during the Tuesday morning trade session as it opened higher with key banking and finance sectors gaining.
Standard Chartered PLC announces change in directorate
- Appointment of Carlson Tong as an independent non-executive director with effect from 21 February 2019 - Retirement of Dr Han Seung-soo as an independent non-executive director with effect from 23 February 2019 - Stepping down of Om Bhatt as an independent non-executive director with effect from 23 February 2019
Australia's ANZ to boost investor lending as mortgage book shrinks
SYDNEY (Reuters) - Australia and New Zealand Banking Group Ltd pledged on Tuesday to lend more to investors as it reported the lowest annualised growth rate in mortgage lending in more than two years due to "overly conservative" settings.
Gold steady near 10-month high; palladium hits record level
(Reuters) - Gold prices were steady near 10-month peaks on Tuesday as the dollar held little changed and markets awaited clarity on U.S.-China trade talks, while palladium struck a record high on supply fears.
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) - Japanese car maker Honda is set to announce it's closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK car industry as Brexit approaches.
Australia's central bank sounds alarm on housing slide, rate cut in play
SYDNEY, (Reuters) - Australia's central bank sees "significant uncertainties" on the economic outlook as the country's once high-flying property market nosedives, a major reason rate cuts might be back on the table.
HCL Infosystems Ltd Falls 1.22%
HCL Infosystems Ltd has lost 32.5% over last one month compared to 3.07% gain in S&P BSE IT Sector index and 2.17% drop in the SENSEX
Sensex rebounds over 100 pts; Nifty nears 10,700
The BSE benchmark Sensex recovered over 100 points Tuesday, led by strong buying by domestic institutional investors amid positive global cues. The 30-share index was trading 124.21 points, or 0.35 per cent, at 35,622.65. Similarly, the 50-share NSE Nifty rose 38.90 points, or 0.37 per cent, to 10,679.85. Top gainers in the Sensex pack include Bharti Airtel, Bajaj Finance, M&M, PowerGrid, ICICI Bank, ONGC, L&T, Bajaj Auto, Vedanta, Tata Steel, Axis Bank and Yes Bank, rising up to 1.45 per cent. On the other hand, HUL, Tata Motors, Infosys, HDFC, TCS and IndusInd Bank were the losers, falling up to 0.76 per cent. Investor sentiment was positive on strong buying by domestic institutional investors (DIIs), said traders. On a net basis, DIIs were net buyers to the tune of Rs 2,336.74 crore, while foreign institutional investors sold shares worth a net of Rs 1,239.79 crore on Monday, provisional data available with BSE showed. A firm trend in global equities on hopes of a ...
Oberoi Realty Ltd Surges 3.6%, S&P BSE Realty Index index Gains 1.9%
Oberoi Realty Ltd has added 12.06% over last one month compared to 3.41% fall in S&P BSE Realty Index index and 2.2% drop in the SENSEX
Promoters of Emami Group divest 10% stake in Emami to raise Rs 1600 cr
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Auto industry lines up against possible U.S. tariffs
WASHINGTON (Reuters) - The U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed.
Ambuja Cements gains after strong Q4 result
Ambuja Cements rose 1% to Rs 199.80 at 09:18 IST on BSE after consolidated net profit surged 188.02% to Rs 1377.88 crore on 9.32% rise in total income to Rs 6855.22 crore in Q4 December 2018 over Q4 December 2017.
Market trades higher on positive Asian signals
Key benchmark indices were trading higher in early trade amid positive Asian cues. At 9:17 IST, the barometer index, the S&P BSE Sensex, was up 74.28 points or 0.21% at 35,572.72. The Nifty 50 index was up 17.05 points or 0.16% at 10,658.
NLC India and NHPC sign MoU for power trading
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Signet Industries secures orders worth Rs 130 crore
These orders are for high pressure pipelines to be used in various infrastructure projects in the states of Madhya Pradesh, Rajasthan and Orissa.
Liquidity scenario expected to remain tight even in quarter four of FY19: FICCI IBA Survey
The second half of 2018 witnessed considerable liquidity constraints owing to various factors including some Public Sector Banks under PCA framework, stress in the NBFC sector, as also due to expansion of currency in circulation in quarter 3 of the fiscal year - fueled by wedding season, festivals, forex interventions following higher oil prices and FPI outflows, and tax outflows.