Limited ties with China and a diversified basket proved advantageous as Indiaâs share in world exports rose, even as peers lost outfrom Moneycontrol Business News https://ift.tt/2ZjcCWt
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Limited ties with China and a diversified basket proved advantageous as Indiaâs share in world exports rose, even as peers lost out
As part of the deal initially announced last week, Refinitiv shareholders will ultimately hold around a 37% stake in LSE but less than 30% of the total voting rights.
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The company also reported a second-quarter core profit (EBITDA) of $1.56 billion, slightly above its compiled consensus of $1.53 billion, but down from $1.65 billion in the first quarter and only about half its earnings of a year earlier.
This is a reversal of the earlier trend where banking sector talent moved into the NBFC space
The only segment that registered a half a percent growth was light commercial vehicle, under which it sells Super Carry.
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Exports for July 2019, however, almost trebled to 355 units as against 127 units in July 2018.
Bars and coins saw 12% drop in the second quarter mainly due to China following the easing of currency concerns and high prices.
The stock valuation is reasonable post the correction and the currency movement could help, given the domestic macro headwinds. We see limited downside in the stock from the current level.
Motorcycle sales, which contributed 84 percent to total business, slipped to 3.22 lakh units in month gone by, falling 3 percent YoY
Commenting on the sales performance MG Motor India Chief Commercial Officer Gaurav Gupta said, the company remains strongly focused on timely vehicle deliveries and seamless assistance.
Talks began after Reliance#39;s negotiations with China#39;s Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation, the financial daily reported citing two senior industry executives.
The decisions were taken at the annual Heads of Circles Conference held at Srinagar in Jammu and Kashmir from July 29-31, 2019 to adopt a 100-day action plan and a five-year vision to align the Department of Posts with the Prime Minister#39;s âNew Indiaâ initiative, a statement from the postal department said.
Zomato had reached 200 cities milestone in April and upgraded its expansion target to 500 by September, it said in a statement.
Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs
In less than a year, Gregory Taylor had re-joined IndiGo, only to have an unceremonious exit. What happened?
The bank presently holds 74 percent of SBI Cards and hopes to raise Rs 5,000-6,000 crore from a partial stake sale
The flagship subsidiary of the sprawling Samsung Group has enjoyed record profits in recent years despite a series of setbacks but is now struggling with chip prices falling as global supply increases.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
In July last year, JSPL had received from the national transporter an order of about one lakh tonne rails, which was later extended by over 26 lakh.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
The brokerage said it will not be able to pay its broking members as NSE Clearing Corporation, the clearing and settlement arm of the National Stock Exchange, has not released its payment
In September, Hyderabad-based Aurobindo announced that it would acquire the commercial operations of Swiss drug maker Novartis AGsâ generics unit in the US for $900 million. However, the proposed deal, which could emerge as the largest outbound deal by an Indian company, is yet to see the light of day considering that the FTC is yet to respond.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
âI wanted someone who would understand a business from a founderâs point of view, which is important for a startup," said Hallekere, chief executive and co-founder of the five-year-old Bounce, who pivoted from a luxury bike rental platform to the current dockless scooter-sharing solution to ease urban congestion.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
We feel that the valuation at 2.2 times FY21 estimated book value has potential to re-rate should the journey to reaching 18 percent RoE pan out.
The codershare partnership between the two partners will come into effect from next month, Air India said in a release.
Economic Affairs Secretary suggested that using cryptocurrencies in payment could be outlawed but not in its entirety.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Addressing business leaders in Denver, Colorado, India#39;s Ambassador to the US Harsh Vardhan Shringla said India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4 per cent of employment in the computer systems design and related services industry.
Almost 90 percent of suicides can be prevented by timely intervention, say experts
The body of Café Coffee Day (CCD) founder VG Siddhartha was found early morning on July 31, ending speculation about his fate.
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Almost 90 percent of suicides can be prevented by timely intervention, say experts
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
The real-time payments data and a risk-management system analyses over 3,000 variables to approve instant disbursement of loan requests
The company said it has already delivered 18,000 cars since the launch.
The source, privy to the development, said merger is "one of the many components" of the overall revival plan being worked out for the two corporations, and that a final call on the matter will be taken by the Cabinet.
The new Yediyurappa government#39;s move through an order comes within three days after it came to power and a day after it won the confidence motion in the state assembly.
Indian Mutual Funds have currently about 2.74 crore SIP accounts through which investors regularly invest in Indian Mutual Fund schemes
Technical setup of Nifty Private sector Bank Index looks bullish on the charts. Largecap Private banks can outperform in the current scenario.
Analysts said the rise in crude oil futures was largely on expectations that the US Federal Reserve will cut interest rates on July 31.
"On the regulatory front, the API plant at Miryalaguda was given an Establishment Inspection Report (EIR) in 2017 resolving the earlier warning letter. We also received EIR for the injectable site at the Duvvada and we are awaiting for CTO VI site at Srikakulam.Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...