Page 992 - Business Finance
Global Markets: Stocks buoyed by deal to avert U.S. government shutdown
TOKYO (Reuters) - Asian shares gained on Tuesday as investors hoped a new round of U.S.-China trade talks would help to resolve a dispute that has dented global growth and some corporate earnings.
Thyssenkrupp's first-quarter operating profit dives 26 percent as macro woes drag
FRANKFURT (Reuters) - Germany's Thyssenkrupp on Tuesday posted a 26 percent plunge in first-quarter operating profit, and the steel-to-elevators group added that the global macroeconomic environment, a key driver of demand for its products, was darkening.
Falabella Group and ThoughtWorks Partner to Accelerate the Digital Commerce Journey of Latin America's Leading Integrated Retail Brand
/ -- ThoughtWorks' holistic platform approach will help Falabella unlock value of core assets, furthering market presence and customer experience Falabella Corporate Services India Pvt. Ltd., part of retail giant S.A.C.I. Falabella, South America's largest integrated retailer partners with ThoughtWorks India, a global software consultancy to fast track the e-commerce platform of the Falabella Group. The strategic partnership will give Falabella competitive advantages of customized, scalable and a secure platform that will integrate with its existing systems. (Logo: http://mma.prnewswire.com/media/583785/ThoughtWorks_Logo.jpg ) In line with the Group's aspirations of being a formidable digital commerce player in the countries it serves - Chile, Peru, Colombia, Argentina, Brazil, Uruguay and Mexico, Falabella Corporate Services India will drive data driven and personalized customer shopping experience through ThoughtWorks digital platform strategy. This transformative journey will ...
Inflow to equity funds slump 60% to Rs 6,158 cr in Jan
Amid market volatility and political uncertainty, inflow to equity mutual funds plunged by 60 per cent to Rs 6,158 crore in January this year against Rs 15,390 crore seen in such schemes in the same month last year. This also marked the third consecutive monthly decline in inflows in such schemes, according to the data available with Association of Mutual Funds in India (Amfi). The drop in inflow has pulled down the asset base of equity mutual funds (MFs) to Rs 7.73 lakh crore at the end of January this year from Rs 7.87 lakh crore in the year-earlier. As per Amfi data, equity and equity-linked saving schemes saw an infusion of Rs 6,158 crore in January 2019, compared with a staggering inflow of Rs 15,390 crore seen in such schemes in January last year. Inflow in equity funds was at Rs 6,606 crore in December, Rs 8,414 crore in November and Rs 12,622 crore in October 2018. Market players attributed the decline in inflow to volatile market and political uncertainty, wherein the broader
Can Fin Homes Ltd leads gainers in 'A' group
Jindal Steel & Power Ltd, Steel Authority of India Ltd, P I Industries Ltd and Hindustan Copper Ltd are among the other gainers in the BSE's 'A' group today, 12 February 2019.
Exclusive: Walmart, Google-backed Deliv end online grocery partnership
(Reuters) - Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer's race against rival Amazon.com Inc to deliver groceries to customers' homes.
China January exports, imports seen falling again in blow to global growth: Reuters poll
BEIJING (Reuters) - China's trade engine likely remained stuck in reverse in January, with imports and exports expected to fall for the second month in a row, adding to concerns the economy may be at risk of a sharper slowdown.
China January exports, imports seen falling again in blow to global growth
BEIJING (Reuters) - China's trade engine likely remained stuck in reverse in January, with imports and exports expected to fall for the second month in a row, adding to concerns the economy may be at risk of a sharper slowdown.
Thyssenkrupp's first-quarter operating profit drops as macro woes increase
FRANKFURT (Reuters) - Thyssenkrupp on Tuesday posted a 26-percent decline in first-quarter operating profit, saying the global macroeconomic environment, a key driver of demand for its products, was darkening.
Tata Motors global sales down 12 pc in January
Tata Motors Tuesday reported 12 per cent fall in global sales, including that of Jaguar Land Rover, at 1,00,572 units in January this year. The company had sold a total of 1,14,797 units in the same month last year. Global wholesale of all Tata Motors' commercial vehicles and Tata Daewoo range in January 2019 stood at 40,886 units, down 9 per cent from the same month last year, the company said in a statement. It had sold 44,828 units in the same month last year. The company's global sales of all passenger vehicles in January this year were at 59,686 units, a decrease of 15 per cent from 69,969 units in the same month last year. Global sales for Jaguar Land Rover were 41,676 vehicles. Jaguar sales for the month stood at 12,904 units, while Land Rover sales for the month were at 28,772 units.
Outcome of board meeting of Tree House Education & Accessories
Held on 12 February 2019
Zinc futures fall 0.13% on tepid demand
Zinc prices softened 0.13 per cent to Rs 188.40 per kg in futures market Tuesday after speculators trimmed their holdings taking weak cues from the spot market on subdued demand from consuming industries. At the Multi Commodity Exchange, zinc for delivery in February shed 25 paise, or 0.13 per cent, to trade at Rs 188.40 per kg in 1,104 lots. Marketmen attributed fall in zinc prices at futures trade to off-loading of bets by participants owing to sluggish demand in the physical market.
Lead futures up 0.21 per cent as demand picks up
Lead prices were higher 0.21 per cent to Rs 145.80 per kg in futures trade Tuesday as speculators built up fresh positions amid upsurge in demand in the spot market. At the Multi Commodity Exchange, lead for delivery in February was trading higher by 30 paise, or 0.21 per cent, at Rs 145.80 per kg in 561 lots. Marketmen said fresh positions created by traders after uptick in demand by battery makers in the physical market mainly helped lead prices to rise at futures trade here.
IT stocks decline
Key indices hovered in a small range in mid-morning trade. At 11:15 IST, the barometer index, the S&P BSE Sensex, was down 19.04 points or 0.05% at 36,375.99. The Nifty 50 index was down 3.80 points or 0.03% at 10,885. IT stocks fell.
Board of J D Orgochem accepts resignation of Chairman & MD
At meeting held on 11 February 2019
GNFC slumps after weak Q3 earnings
Gujarat Narmada Valley Fertilizers & Chemicals fell 10.51% to Rs 275.80 at 11:41 IST on BSE after net profit fell 27.3% to Rs 165.72 crore on 23.4% decline in net sales to Rs 1,219.16 crore in Q3 December 2018 over Q3 December 2017.
Exclusive: Monsanto wins arbitration ruling over royalties from Indian seed company
NEW DELHI (Reuters) - German drugmaker Bayer AG's Monsanto unit has won proceedings against Indian seed maker Nuziveedu Seeds Ltd (NSL) in a royalty dispute, lawyers familiar with the matter said.
Nickel futures slide 0.63% on weak spot cues
Nickel prices shed 0.63 per cent to Rs 880.60 per kg in futures Tuesday as speculators cut down their holdings taking weak cues from the domestic spot markets on fall in demand from alloy-makers amid weak global cues. At the Multi Commodity Exchange, nickel for delivery in February contract was trading lower by Rs 5.60, or 0.63 per cent, to Rs 880.60 per kg with a business volume of 3,201 lots. Market analysts attributed fall in nickel prices at futures trade to fall in demand from alloy-makers in the physical market and subdued overseas cues.
Renault's Senard to meet Nissan CEO Saikawa in Japan this week - Nissan
TOKYO (Reuters) - Renault's chairman will meet Nissan Motor's CEO this week in Japan as they look at ways to cement their partnership after the ouster of former alliance leader Carlos Ghosn, the Japanese automaker said on Tuesday.
Silver futures up 0.03% in thin trade
Silver prices edged up 0.03 per cent to Rs 38,845 per kg in futures trade Tuesday as speculators created fresh positions. At the Multi Commodity Exchange, silver for delivery in February rose by Rs 10, or 0.03 per cent, to Rs 38,845 per kg in a business turnover of 1,237 lots. Traders attributed the rise in silver prices at futures trade to fresh positions built up by traders. Globally, silver prices were up 0.13 per cent at USD 15.80 an ounce in New York.