Seven Indian employees of ILFS have reportedly been held hostage by Ethiopian staff because of non-payment of salaries.from Moneycontrol Business News https://ift.tt/2zJ4l3x
Friday, November 30, 2018
India checking report ILFS employees held hostage by staff in Ethiopia
Seven Indian employees of ILFS have reportedly been held hostage by Ethiopian staff because of non-payment of salaries.from Moneycontrol Business News https://ift.tt/2zJ4l3x
India checking report ILFS employees held hostage by staff in Ethiopia
Seven Indian employees of ILFS have reportedly been held hostage by Ethiopian staff because of non-payment of salaries.from Moneycontrol Business News https://ift.tt/2PeaBoG
Maruti Suzuki November sales down 0.7% at 1.53 lakh units
The company sold a total of 1,53,539 units in November 2018 against sales of 1,54,600 units in the month of November 2017.from Moneycontrol Business News https://ift.tt/2Pbv1P2
US judge gives preliminary OK to $48 mln Volkswagen investor settlement
Lawyers for the investors had estimated that the maximum they could have recovered was $147 million.from Moneycontrol Business News https://ift.tt/2FRe0u2
FMCG Wrap: EY says consumer-facing companies need to take bold transformation plans
The EY FutureConsumer.Now imperatives are a result of qualitative research work with more than 200 business leaders, futurists and professionals from a variety of different industries for over a yearfrom Moneycontrol Business News https://ift.tt/2PacaUx
The Moneycontrol Show | ELSS, tax-saving ideas; Empowering PSU bank CEOs; Market strategies
Watch this video to understand the benefits of investing in ELSS and more.from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-moneycontrol-show-|-elss-tax-saving-ideas-empowering-psu-bank-ceos-market-strategies_11791681.html
Microsoft#39;s market value overtakes Apple#39;s to close out week
Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalisation at $851.2 billion.from Moneycontrol Business News https://ift.tt/2E7fOgL
#39;Good signs#39; on US-China trade, Trump says ahead of Xi talks
Trump has slapped punishing tariffs on more than $250 billion in Chinese imports so far this year, demanding that Beijing end allegedly unfair trade practices.from Moneycontrol Business News https://ift.tt/2Qvz6Cp
US, Canada, Mexico sign trade deal, Trump shrugs off Congress hurdle
The leaders of the three countries agreed on a deal in principle to replace the NAFTA, which governs more than $1.2 trillion of mutual trade.from Moneycontrol Business News https://ift.tt/2zwoZDx
China looks to boost agricultural exports to India: Xi Jinping
Xi also indicated greater trade in the pharmaceuticals sector between China and India.from Moneycontrol Business News https://ift.tt/2reGZ0T
The Sept GDP math doesn't spell good news for Modi govt
The Sept GDP math doesn't spell good news for Modi govtIndia's GDP growth fell to a worse-than-expected 7.1 percent in July-September, lowest in three quarters.
from Economic Times https://ift.tt/2FRMfBT
from Economic Times https://ift.tt/2FRMfBT
Will award ceremonies be able to mainstream poker like any other sport?
70 poker players would be felicitated at the poker awards in Mumbai on Saturday.from Moneycontrol Business News https://ift.tt/2FQaFvg
Vodafone-Idea AGM on December 22 to ratify appointment of CEO, other directors
In a regulatory filing on Friday, the company said that its 23rd Annual General Meeting (AGM) will be held on December 22, to seek shareholders#39; nod on appointment of Balesh Sharma as the Chief Executive Officer of the company for a period of five years with effect from August 31, 2018.from Moneycontrol Business News https://ift.tt/2rfTKZc
Indian banks secure UK court order related to Vijay Mallya yacht sale
In a ruling by Justice Phillips in the court#39;s Business and Property division on Wednesday, the 13 Indian banks were given permission to use certain information disclosed in court as part of a worldwide freezing order (WFO) against the 62-year-old businessman in an unrelated case involving the sale of a luxury superyacht believed to be previously owned by Mallya before he abandoned it last year.from Moneycontrol Business News https://ift.tt/2QmAK9B
Dalmia Bharat Cement develops new chemically modified cement
The company has already filed a patent for engineered speciality cement, Executive Director Sujit Ghosh said.from Moneycontrol Business News https://ift.tt/2r9sjjE
In investment-heavy phase of long term strategy for India: Oppo
Oppo, which competes against brands like Xiaomi and Samsung among many others, said that its India MD Yi Wang#39;s exit from his role was a "mutual decision" and that the company will announce his successor at "an appropriate time".from Moneycontrol Business News https://ift.tt/2BIZAbq
Managing Money with Moneycontrol | Invest in ELSS to save tax
Kayezad E Adajania examines the tax benefits of ELSS, and discusses the advantages of investing in it over other small saving schemes like PPF, or National Saving Certificate.from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-investelss-to-save-tax_11791001.html
Managing Money with Moneycontrol | Investing in ELSS to save tax
Kayezad E Adajania examines the tax benefits of ELSS, and discusses the advantages of investing in it over other small saving schemes like PPF, or National Saving Certificate.from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-investingelss-to-save-tax_11791001.html
LIC surplus jumps over 10% in FY18, pays Rs 2,430.2 cr to govt
Life Insurance Corporation (LIC) has generated a total valuation surplus of Rs 48,444.82 crore for fiscal 2018, which is 10.1 percent higher than what it had generated in the previous fiscal, the Corporation said in a statement Friday.from Moneycontrol Business News https://ift.tt/2rfRMrE
Amex sees up to 40% growth in online transactions
It expects to further boost its market by targeting the destination cities, which has been witnessing double digit growth during the fourth quarter of the year.from Moneycontrol Business News https://ift.tt/2Q1vqc4
Tempted to play in mid-price category but will continue with premium mkt: OnePlus CEO
OnePlus, which had entered the Indian market in 2014 with Amazon as its e-commerce partner, usually launches two devices a year unlike other players that play across various price categories.from Moneycontrol Business News https://ift.tt/2RoIaGp
SAIL needs to be more profitable: Steel Minister Birender Singh
The Union Steel Minister, who visited SAIL#39;s Alloy Steel Plant (ASP) at Durgapur in West Bengal said that the unit is geared up to become profitable from next year, the steel ministry said in a statement.from Moneycontrol Business News https://ift.tt/2BIuMaU
Jharkhand to sign MoU with Patanjali for marketing organic farm products
The state government will set up organic production clusters in all the 24 districts to promote organic farming, Das said.from Moneycontrol Business News https://ift.tt/2KKD7gR
OIL share buyback may weaken its financial profile: Fitch
This rate is higher than the rating agency#39;s previous expectation of 2.2x (times), shrinking the already-low headroom for OIL#39;s #39;BBB-#39; standalone credit profile as Fitch#39;s current negative rating norms for net leverage is 2.5 times.from Moneycontrol Business News https://ift.tt/2Ay6YEA
SBI says no fresh divestment in general insurance arm
"We would like to bring to your notice that the said development had happened on September 26, 2018. SBI had announced this development on the same date," SBI said in a statement.from Moneycontrol Business News https://ift.tt/2KITACh
Biocon, Mylan joint product Fulphila gets approval in EU
Fulphila, a biosimilar Pegfilgrastim, jointly developed by Biocon and Mylan, has been approved in European Union (EU), Biocon said in a regulatory filing.from Moneycontrol Business News https://ift.tt/2BJpk7B
Pizza Hut plans to open over 200 outlets in India by 2022
The company opened its 500th store in the Indian subcontinent in Delhi on Friday. It operates 422 stores in the country.from Moneycontrol Business News https://ift.tt/2Sm1ioK
Banking Transformation – The Cognitive Way
Banks need to find ways to cut through vast stores of data and figure out actionable information that will keep their customers.from Moneycontrol Business News https://www.moneycontrol.com/news/business/banking-transformation-–-the-cognitive-way_11789981.html
Zomato to expand food delivery business to 100 cities
The company#39;s food delivery services are currently present across 93 cities and lists over 75,000 restaurants on the platform, Zomato said in a statement.from Moneycontrol Business News https://ift.tt/2FOzR5j
AU Small Finance Bank raises Rs 500 cr via NCD
The bank raised the fund from a group of domestic investors which included mutual funds, banks, insurance companies and non-banking finance companies.from Moneycontrol Business News https://ift.tt/2rckutp
65% of Zomato#39;s revenue comes from food delivery serviceÂ
The company is currently associated with over 75,000 restaurants in India and has 1,50,000 delivery partners. It plans to hire 5,000 more delivery partners.from Moneycontrol Business News https://www.moneycontrol.com/news/business/65zomato39s-revenue-comesfood-delivery-service _11789721.html
Moneycontrol Ultimate Business Quiz #54: Test your knowledge
NULLfrom Moneycontrol Business News https://ift.tt/2SlzwbQ
Reliance MF fixed income fund manager Prashant Pimple resigns
According to a source, Pimple is serving his notice period at Reliance Mutual Fund. Where he is headed next is unknownfrom Moneycontrol Business News https://ift.tt/2PaUJmO
Battle for capital: Is RBI kitty big enough to warrant a transfer to government?
Levels of central bank capital amounting to about 3 per cent of GDP are not uncommon.from Moneycontrol Business News https://ift.tt/2zwVmlP
JSPL supplies 1.32 LT rails for eastern freight corridor#39;s Khurja to Bhadan section
The said section of the 1,856-km Eastern Dedicated Freight Corridor (EDFC) was inaugurated Thursday and the Dedicated Freight Corridor Corporation of India limited (DFCCIL) conducted a trial run of freight train Friday.from Moneycontrol Business News https://ift.tt/2AENSwW
Masakazu Yoshimura to take over as new MD of Toyota Kirloskar Motor
The formal appointment of the new managing director will be made at the company#39;s board meeting scheduled for January 22, 2019, TKM said in a statement.from Moneycontrol Business News https://ift.tt/2TY3zrH
Japan France spat over Renault-Nissan brews as Ghosn remains jailed
Ghosn, 64, has been detained in Tokyo since his Nov 19 arrest, and authorities on November 30 approved the maximum 10-day extension of his detention, Japanese media said.from Moneycontrol Business News https://ift.tt/2E5HuCY
Samsung introduces new line up for hospitality TV segment
The company is eyeing the growing hospitality business and new hotels coming up in the luxury and budget segment across the country to boost its business in the segment.from Moneycontrol Business News https://ift.tt/2FPHiJw
Inox Leisure allots shares worth Rs 160 cr to promoter
"The board of directors of the company...approved the allotment of 64,00,000 equity shares of face value Rs 10 each to Gujarat Fluorochemicals Ltd, the holding company, (promoter) at the issue price of Rs 250 per equity share, including a premium of Rs 240 per equity share, aggregating to Rs 1,60 crore," Inox Leisure said in a BSE filing.from Moneycontrol Business News https://ift.tt/2rd4p6J
Lupin launches skin-treatment cream in US
The company has launched the product after having received approval from the US Food and Drug Administration (USFDA) earlier, Lupin said in a regulatory filing.from Moneycontrol Business News https://ift.tt/2TYjkyP
Seon Seob Kim to be new head of Hyundai Motor in India
Kim, who is currently senior vice president, head of Business Operations Strategy Division at Hyundai Motor Company, will take over from incumbent Y K Koo.from Moneycontrol Business News https://ift.tt/2AwVSQc
IDFC Bank to seek shareholders#39; nod next month for name change
The bank#39;s board on January 13, 2018 had approved a composite scheme of amalgamation of Capital First, Capital First Home Finance and Capital First Securities (collectively referred as amalgamating companies) with IDFC Bank (amalgamated company).from Moneycontrol Business News https://ift.tt/2zy6P4p
JLR to lay off staff temporarily at UK plant to adjust vehicle production
The company further said it will undertake a two-week production pause at the plant in December and has asked 500 workers to stay at home although they would continue to draw salaries during the period.from Moneycontrol Business News https://ift.tt/2SfAtT4
IOB plans to raise up to Rs 300 cr bonds
"The board of directors of the bank, have by circular resolution... approved the raising of tier II capital by issue of tier II Basel III compliant bonds for an issue size of Rs 200 crore with green shoe option of additional Rs 100 crore aggregating Rs 300 crore in one or more tranches on a private placement basis," Indian Overseas Bank said in a regulatory filing.from Moneycontrol Business News https://ift.tt/2QuW2le
GEECL to invest $2 bn to exploit shale gas reserves
GEECL#39;s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said.from Moneycontrol Business News https://ift.tt/2DSbbq6
Nifty on track to report 10-12% earnings growth for FY19: Kotak AMC
Commodity cost pressure has also abated since then and this bodes well for the future trajectory of growth, said Shibani Kurian of Kotak Mahindra Asset Managementfrom Moneycontrol Business News https://ift.tt/2E5yVYQ
SoftBank sets indicative IPO price at Y1,500, unchanged from initial estimate
The IPO is aimed at providing the group with funds to pay down debt and place big bets on innovations that chief Executive Masayoshi Son predicts will drive future tech trends.from Moneycontrol Business News https://ift.tt/2SlysEK
Can#39;t rule out 12-15% equity return over long term; 5 largecaps that can give double-digit returns: Sharekhan
Hemang Jani of Sharekhan said elections always are make or break event for market.from Moneycontrol Market Outlook https://ift.tt/2TZ0vM4
Thursday, November 29, 2018
Ex-Interpol chief ousted from China top advisory body
The National Committee for the Chinese People's Political Consultative Conference (CPPCC) agreed to revoke Meng Hongwei's membership following a meeting, Xinhua news agency reported.
from Economic Times https://ift.tt/2QqsiWx
from Economic Times https://ift.tt/2QqsiWx
Amazon launches OnePlus 6T sale offer: Good time to switch to the OnePlus flagship?
The deals which will go live on November 30 include Rs 1500 cashback on all Citibank credit and debit cards on the purchase of the OnePlus 6T.from Moneycontrol Business News https://ift.tt/2FMDedi
Critical for Nifty to conquer 10,900-11,000 in December series: Kotak Securities
Looking at the options data, open interest concentration in the December series is seen at 10,500 Put and 11,000 Call. This is indicative of the broader range as expected by market participantsfrom Moneycontrol Market Outlook https://ift.tt/2Qt2LMD
Union MF#39;s Vinay Paharia: We#39;re overweight on IT, energy stocks; underweight on financials
He expects the equity market to remain volatile responding to incoming events and datafrom Moneycontrol Business News https://ift.tt/2zxs4Dm
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
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The EUA will facilitate broader use of remdesivir to treat hospitalized patients with severe COVID-19 disease, enabling access to remdesivi...
