Page 957 - Business Finance
'So far, so good,' Mnuchin says of trade talks in China
BEIJING (Reuters) - U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute.
Ford told UK PM May it could move business overseas because of Brexit
LONDON (Reuters) - Ford Motor Co told British Prime Minister Theresa May during a conference call on Tuesday that it may have to move some production out of Britain because of Brexit, according to a source on the call.
CAG finds flaws in Defence Ministry's benchmark price estimates
The Comptroller and Auditor General (CAG) has found flaws in Defence Ministry's benchmark price estimates for the equipment it proposes to buy as in four deals, including the contract for 36 Rafale jets, the estimated cost turned out to unrealistically lower than the actual bid.
RBI imposes monetary penalty on four banks
Penalty of Rs 2 crore imposed on Corporation bank and Rs 1 crore each on BoB, SBI and UBI
Bank credit growth eases slightly to 14.53% as on 01 February 2019
Deposits rises 9.63% as on 01 February 2019
Teva Pharmaceutical sees weaker than expected 2019
TEL AVIV (Reuters) - Teva Pharmaceutical Industries forecast lower revenue and profit for 2019 on Wednesday, missing analysts' expectations, as it faces generic competition for two key branded drugs.
Dr Agarwal's Healthcare raises Rs 270 cr from Temasek
Dr Agarwal's Healthcare Wednesday said it has raised Rs 270 crore from global investment firm Temasek for expansion and investment in technology. "We believe their (Temasek) expertise and support will help our company expand our network of clinics and operations to better meet the growing demand for affordable and quality eye care across India," Dr Agarwal's Healthcare Chairman Amar Agarwal said. The investment will be used to expand the geographical footprint in India along with significant investments in latest technology, the company said in a statement. Dr Agarwal's Healthcare CEO Adil Agarwal said: "We are looking at adding anywhere between 50-75 hospitals to our network over the next 3-5 years with a major focus on metro cities as well as tier 2 and tier 3 towns." The expansion will be done through a mix of strategic partnerships, acquisitions and greenfield hospitals, he added. "Innovation and technology will continue to be at the forefront of our growth, and we will be ...
Bikaner land deal: Questions that Robert Vadra was asked about his company's business and profits (IANS Exclusive)
The Enforcement Directorate (ED), which is questioning Robert Vadra, brother-in-law of Congress President Rahul Gandhi in a money laundering case involving the Bikaner land deal case, is learnt to have asked him the following questions on Tuesday (February 12):
Board of IndusInd Bank approves fund raising through EMTN programme and Tier I & II Bonds
At meeting held on 13 February 2019
Rupee snaps 6-day rise, settles 10 paise down at 70.80 vs USD
Snapping its six-day winning run, the rupee Wednesday settled 10 paise lower at 70.80 against the US dollar amid rising crude prices and heavy foreign fund outflows. Forex traders said dollar buying by oil importers and strengthening of the greenback against major currencies overseas weighed on the domestic unit. At the Interbank Foreign Exchange (forex) market, the rupee opened on a strong footing at 70.48 and rose further to touch the day's high of 70.40. However, it pared the initial gains and finally closed at 70.80 per dollar, down by 10 paise against its previous close. The rupee had surged 48 paise to end at a one-month high of 70.70 against the US dollar Tuesday. In the last six trading sessions, the rupee had gained a hefty 110 paise. "Dollar buying by the state-run banks on behalf of oil importers has dragged the rupee lower from the day's high of 70.40," HDFC Securities Head, PCG and Capital Markets Strategy, V K Sharma said. Sharma further noted that crude oil prices are ..
Board of ARSS Infrastructure Projects note final settlement of loans by bankers
At meeting held on 13 February 2019
Board of Standard Capital Markets approves change in directorate
At meeting held on 13 February 2019
Google paid Apple nearly $9.5 bn in 2018, estimates Goldman Sachs
To remain the default search engine on iOS devices, Google paid Apple nearly $9.5 bn in traffic acquisition costs (TAC) in 2018, thereby contributing massively to the iPhone maker's services revenue, estimates Goldman Sachs.
Teva Pharmaceutical fourth-quarter profit falls, sees weaker than expected 2019
TEL AVIV (Reuters) - Israel's heavily indebted Teva Pharmaceutical Industries reported a slightly larger-than-expected drop in fourth-quarter profit on Wednesday and forecast a weaker-than-expected 2019.
Jasch Industries standalone net profit rises 64.58% in the December 2018 quarter
Sales rise 23.84% to Rs 38.96 crore
Premier Capital Services reports standalone net loss of Rs 0.19 crore in the December 2018 quarter
Reported sales nil
Chambal Breweries & Distilleries reports standalone nil net profit/loss in the December 2018 quarter
Reported sales nil
Vadilal Enterprises reports standalone net loss of Rs 7.91 crore in the December 2018 quarter
Sales rise 4.57% to Rs 77.79 crore
United Van Der Horst reports standalone net loss of Rs 0.69 crore in the December 2018 quarter
Sales rise 91.30% to Rs 1.32 crore
Pearl Global Industries reports consolidated net profit of Rs 14.92 crore in the December 2018 quarter
Sales rise 21.00% to Rs 393.66 crore