Page 884 - Business Finance
Volumes spurt at Alembic Pharmaceuticals Ltd counter
Alembic Pharmaceuticals Ltd notched up volume of 2.1 lakh shares by 10:48 IST on BSE, a 111.33 fold spurt over two-week average daily volume of 1886 shares
New York City Regional Center Announces The Repayment Of $224 Million In Capital To EB-5 Investors
/ -- The New York City Regional Center ("NYCRC") is pleased to announce that a total of $224 million in capital has now been repaid to EB-5 investors in previous NYCRC offerings. The resulting job creation from these previous offerings enabled 2,025 individuals (EB-5 investors and family members) to receive permanent residency in the United States under the EB-5 Immigrant Investor Program. They are among the more than 4,670 individuals worldwide who have received permanent green cards through NYCRC offerings to date. "We are proud to announce the repayment of $224 million of capital to EB-5 investors in our previous offerings," said Paul Levinsohn, NYCRC Managing Principal. "These repayments coupled with the issuance of permanent residency in the United States for thousands of individuals, are major achievements for the NYCRC and, of course, for our EB-5 investors and their families." In December, the NYCRC announced the completion of project construction in 17 of its EB-5 ...
Architect of BOJ stimulus calls for big fiscal spending backed by central bank
TOKYO (Reuters) - Japan must ramp up fiscal spending with debt bank-rolled by the central bank, the Bank of Japan's former deputy governor Kikuo Iwata said, a controversial proposal that highlights the BOJ's challenge as it tries to reignite an economy after years of sub-par growth.
Weak market breadth
The market extended early losses in morning trade amid broad based selling pressure. At 10:25 IST, the barometer index, the S&P BSE Sensex, was down 166.52 points or 0.47% at 35,642.43. The Nifty 50 index was down 47.10 points or 0.44% at 10,677.30.
Asia shares bounce on trade talk, stimulus wagers
SYDNEY (Reuters) - Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
5G, foldable smartphones to dominate Mobile World Congress 2019
The buzz around the first 5G-enabled smartphone and foldable devices will be the talk of the town as the Mobile World Congress (MWC) 2019 opens in Barcelona next week.
Dewan Housing shares jump on stake sale report
(Reuters) - Shares of Dewan Housing Finance Corp Ltd rose as much as 7 percent on Monday, after Economic Times reported that Baring Pvt Equity, Bain Capital and Hero Fincorp are in talks to buy a stake in the debt-laden housing finance company.
Life & Money Joins Hands With Garrett Planning Network, US to Launch an Exclusive 'The Women Financial Advisers' Network in India
/ -- Women in Finance - Opening up a whole new world of possibilities Life & Money, an innovative, holistic, digital platform with a vision to empower Indians to lead a 'rich' and 'balanced' life, and Garrett Planning Network, USA whose mission is to make competent, objective, financial advice accessible to all people; announces its collaboration to launch an exclusive 'The Women Financial Advisers Network', a first of its kind in India. (Logo: https://mma.prnewswire.com/media/822614/Life_and_Money_Logo.jpg ) The collaboration, a result of the long term friendship between Sheryl Garrett, recently recognized as an Icon by Investment News, and Partha Iyengar, co-founder and chief executive of Life & Money is expected to revolutionize the field of financial advice by introducing the fee-only model and is positioned to open up new possibilities for both, women financial advisers and their clients. Sheryl Garrett has a captivating story and is renowned for introducing hourly ...
L&T gains after large order win
Larsen & Toubro rose 0.46% to Rs 1,248.95 at 10:18 IST on BSE after the company announced that L&T Construction has won a mega contract for design and construction of a major airport.
IndusInd Bank opens two branches in Kolkata
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Singapore Jan non-oil exports suffer biggest decline in more than two years
SINGAPORE (Reuters) - Singapore's exports stumbled more than expected in January, getting 2019 off to a bumpy start amid signs trade frictions are having an impact on Asia's trade-reliant economies.
Foreign demand for Japanese machinery slumps by most since 2007
TOKYO (Reuters) - Overseas orders for Japanese machinery posted their biggest tumble in more than a decade in December, as trade frictions dented global supply chain demand and manufacturers predicted further declines in orders this quarter.
Cash-hoarding Japanese firms please investors as share buybacks hit record
TOKYO/HONG KONG (Reuters) - Japanese share buybacks have hit a record this fiscal year and are set to maintain the booming growth as cash-rich companies bow to pressure from investors and the government to boost returns and improve governance.
Japan's machinery orders slump as trade frictions bite
TOKYO (Reuters) - Overseas orders for Japanese machinery posted their biggest decline in more than a decade in December and manufacturers expect orders to fall further this quarter as trade friction weigh on global demand.
DBS forecasts stable loan growth this year after record 2018 profit
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia's biggest lender, forecast stable loans growth for 2019 after a robust increase in net interest margin drove an 8 percent rise in quarterly profit and a record annual profit.
Sensex, Nifty trade flat, auto stocks down
The Sensex and Nifty declined after opening on a flat to positive note on Monday led by selling in auto, IT and FMCG stocks.
Sensex drops over 150 pts ahead of RBI board meet
The BSE benchmark Sensex Monday fell over 150 points, led by weakness in auto, IT and financial stocks amid heavy selling by foreign institutional investors, as investors turned cautious ahead of RBI's board meet. The 30-share index, after rising over 100 points, fell 158.94 points, or 0.44 per cent, to 35,650.01. Similarly, the 50-share NSE Nifty fell 44.45 points, or 0.41 per cent, to 10,679.95. According to traders, investors were cautious ahead of RBI's board meeting. Finance Minister Arun Jaitley is scheduled to address the customary post-budget meeting of the central board of the Reserve Bank later in the day, and highlight the key points of the interim Budget, including the fiscal consolidation roadmap. The meeting, according to sources, will take a call on the interim dividend to be paid to the government during the current fiscal. Yes Bank fell up to 5 per cent after the private bank, in a regulatory filing Friday, said it had received a letter from the Reserve Bank of India .
Market trades with small losses
Key benchmark indices were trading with small losses in early trade. At 9:20 IST, the barometer index, the S&P BSE Sensex, was down 89.69 points or 0.25% at 35,719.26. The Nifty 50 index was down 29.45 points or 0.27% at 10,694.95.
Infibeam Avenues Ltd Slides 3.04%
Infibeam Avenues Ltd has lost 13.74% over last one month compared to 3.88% gain in S&P BSE IT Sector index and 1.9% drop in the SENSEX
Tech Mahindra gains on buyback plan
Tech Mahindra rose 1.57% to Rs 813.25 at 09:25 IST on BSE after the company scheduled a board meeting on 21 February 2019 to consider a proposal to buy-back equity shares of the company.