Page 941 - Business Finance
Nidhi Granites reports standalone net loss of Rs 0.03 crore in the December 2018 quarter
Sales reported at Rs 0.03 crore
Wisec Global reports standalone net loss of Rs 0.01 crore in the December 2018 quarter
Reported sales nil
Som Datt Finance Corporation standalone net profit declines 55.56% in the December 2018 quarter
Sales decline 38.89% to Rs 0.33 crore
Lippi Systems reports standalone net loss of Rs 0.38 crore in the December 2018 quarter
Sales decline 12.40% to Rs 3.39 crore
Unimode Overseas reports standalone net loss of Rs 0.05 crore in the December 2018 quarter
Reported sales nil
Sikozy Realtors reports standalone net loss of Rs 0.06 crore in the December 2018 quarter
Reported sales nil
Dolphin Medical Services reports standalone net loss of Rs 0.13 crore in the December 2018 quarter
Sales decline 50.00% to Rs 0.02 crore
Tirupati Starch & Chemicals standalone net profit declines 37.19% in the December 2018 quarter
Sales rise 21.66% to Rs 61.27 crore
AARV Infratel reports standalone net loss of Rs 0.01 crore in the December 2018 quarter
Reported sales nil
Shree Pacetronix standalone net profit declines 33.33% in the December 2018 quarter
Sales rise 13.13% to Rs 1.81 crore
Titan Intech standalone net profit rises 200.00% in the December 2018 quarter
Sales decline 56.11% to Rs 2.66 crore
Shiva Suitings reports standalone net profit of Rs 0.09 crore in the December 2018 quarter
Sales rise 2172.73% to Rs 2.50 crore
Automobile Products of India reports standalone net loss of Rs 0.10 crore in the December 2018 quarter
Sales rise 262.50% to Rs 0.29 crore
Glenmark to spin off innovation business into new company in US
Drug firm Glenmark Pharmaceuticals Thursday said its board has given an in-principle approval to spin off its innovation business into a new company in the US. Setting up of the new company, which will be the firm's wholly-owned subsidiary, will provide an enhanced focus to the innovation business and help accelerate the pipeline towards commercialisation, Glenmark Pharmaceuticals said in a filing to the BSE. All innovative molecules in the pipeline -- including preclinical assets and technology, research and development (R&D) centres in Switzerland, an R&D centre at Paramus in the US, an R&D centre at Navi Mumbai related to the innovation business, and the biologics manufacturing facility in Switzerland along with all employees associated with innovative R&D -- will be part of the new company, it added. The new company will have over 400 employees as part of this business. Transfer of the assets and employees to the new innovation company is expected to be completed ..
Puma's caution on 2019 hits shares despite strong quarter
HERZOGENAURACH, Germany (Reuters) - Sportswear group Puma gave a conservative forecast for 2019 on Thursday despite strong fourth-quarter sales helped by demand for its chunky RS-X shoes and Cali sneakers, sending its shares down more than 6 percent.
Jet Airways board approves lenders' rescue package
NEW DELHI/BENGALURU (Reuters) - Jet Airways Ltd said on Thursday that its board had approved a plan by lenders, led by State Bank of India, that will give the debt-laden Indian airline funding crucial for its survival.
Airbus to scrap A380 superjumbo production as sales slump
TOULOUSE, France (Reuters) - Europe's Airbus is scrapping production of the A380 superjumbo, with lacklustre sales forcing it to abandon a dream of dominating the skies with a 21st century cruiseliner.
ERP Soft Systems consolidated net profit declines 16.67% in the December 2018 quarter
Sales decline 66.43% to Rs 2.88 crore
Goldiam International consolidated net profit rises 206.20% in the December 2018 quarter
Sales rise 66.44% to Rs 170.52 crore
Capital Trust consolidated net profit declines 16.63% in the December 2018 quarter
Sales decline 10.25% to Rs 43.60 crore