Page 979 - Business Finance
Salil Gupte to head Boeing India from March
Salil Gupte will take charge as the new president of aerospace major Boeing India on March 18.
Oil up nearly 2 percent on Saudi and OPEC cuts
LONDON (Reuters) - Oil prices gained nearly 2 percent on Tuesday, supported by OPEC-led production cuts which Saudi Arabia said it would surpass by over half a million barrels per day (bpd) and by U.S. sanctions against Iran and Venezuela.
Emerging markets most crowded trade for first time in BAML survey history
LONDON (Reuters) - Investors said emerging markets are the most crowded trade in Bank of America Merrill Lynch's survey for the first time in its history, the bank said on Tuesday.
BASF to launch construction chemicals unit sale in spring: sources
FRANKFURT (Reuters) - BASF will launch the sale of its $3 billion-plus construction chemicals business in the spring, as part of the German chemicals group's drive to focus on more profitable operations, people close to the matter said.
Nifty February 2019 futures at premium
Turnover in F&O segment rises
German government to consult further before taking Huawei decision: source
BERLIN (Reuters) - The German government will consult further with telecoms operators and vendors before deciding whether to let Chinese firms such as Huawei Technologies participate in building future 5G mobile networks, a senior source said.
U.S.'s Mnuchin, in China, looks forward to trade talks
BEIJING (Reuters) - U.S. Treasury Secretary Steven Mnuchin looks forward to several important days of trade talks, he said on Tuesday after arriving in the Chinese capital for high-level talks to hammer out a deal ahead of a March 1 deadline.
Venezuela pressures foreign partners on oil venture commitments: sources
(Reuters) - Foreign partners of Venezuela's PDVSA are facing pressure from the state-run oil firm to publicly declare whether they will continue as minority stakeholders in Orinoco Belt projects following U.S. sanctions, three people familiar with the matter said.
GE Power India reports Rs 41 cr profit for Q3
GE Power India Tuesday reported a standalone net profit of Rs 41.11 crore for December quarter 2018 on the back of healthy revenue growth. The company had suffered a loss of Rs 42.13 crore in the year-ago period, a statement said. Total income rose to Rs 577.46 crore in the latest quarter from Rs 410.59 crore in October-December 2017, it said. During April-December 2018, the company's net profit rose to Rs 48.80 crore. In the year-ago nine-month period, the company reported a loss of Rs 24.99 crore. Total income during the period rose to Rs 1,634.61 crore from Rs 1,095.36 crore a year ago. The company is mainly into the business of power generation.
Panafic Industrials reports standalone net profit of Rs 0.02 crore in the December 2018 quarter
Sales rise 37.50% to Rs 0.11 crore
Symbiox Investment & Trading Co standalone net profit declines 57.14% in the December 2018 quarter
Reported sales nil
Smart Finsec standalone net profit declines 51.90% in the December 2018 quarter
Sales decline 92.53% to Rs 0.23 crore
Akashdeep Metal Industries standalone net profit declines 40.00% in the December 2018 quarter
Sales decline 98.94% to Rs 0.11 crore
Madhucon Projects reports standalone net loss of Rs 4.04 crore in the December 2018 quarter
Sales rise 49.10% to Rs 170.67 crore
India Radiators reports standalone net loss of Rs 0.24 crore in the December 2018 quarter
Reported sales nil
Supreme Holdings & Hospitality standalone net profit rises 900.00% in the December 2018 quarter
Sales rise 62.05% to Rs 12.04 crore
Triton Corp. reports standalone net loss of Rs 0.02 crore in the December 2018 quarter
Reported sales nil
Suryalakshmi Cotton Mills reports standalone net loss of Rs 5.62 crore in the December 2018 quarter
Sales rise 0.20% to Rs 168.68 crore
Sakthi Finance standalone net profit declines 13.17% in the December 2018 quarter
Sales rise 4.18% to Rs 41.86 crore
Duroply Industries reports standalone net profit of Rs 0.03 crore in the December 2018 quarter
Sales rise 0.31% to Rs 54.52 crore