News

Gold slips as dollar gains, fears ease about China virus

Reuters Business News - 4 hours 25 min ago
Gold prices slipped on Wednesday as the dollar firmed and investors played down any immediate impact on the global economy from the outbreak of a new coronavirus in China.
Categories: Business News

Polycab India share price up 4% as December quarter profit rises 14%

Business Standard - 4 hours 36 min ago
Total income in the latest quarter stood at Rs 2,507.6 crore against Rs 2,048.6 crore in the same period last year
Categories: Business News

ArcelorMittal-Nippon Steel participating in auctions in Odisha: CEO Dilip Oommen

MoneyControl Business News - Tue, 01/21/2020 - 23:57
ArcelorMittal Nippon Steel India (AMNS India) is a 60:40 joint venture between L N Mittal-owned ArcelorMittal and Japan-based Nippon Steel Corporation.
Categories: Business News

Rupee gains 3 paise against USD in early trade

Business News From Hindu - Tue, 01/21/2020 - 23:49
At the interbank foreign exchange market, the rupee opened strong at 71.17 and further gained slightly to hit a high of 71.16 against the greenback.
Categories: Business News

Asian Paints slips 1% ahead of Q3 nos; here's what brokerages expect

Business Standard - Tue, 01/21/2020 - 23:45
Most analysts expect the paint major to report double-digit growth in its net profit on yearly basis.
Categories: Business News

Slowdown to affect insurance sector in India: Moody’s

Business News From Hindu - Tue, 01/21/2020 - 23:43
“India’s GDP growth weakened to its slowest rate in five years in the fiscal year ending March 2019, and the resultant financial pressure on rural households amid weaker job creation is in turn also weighing on premium growth,” said Moody’s Senior Vice President Benjamin Serra.
Categories: Business News

Sensex, Nifty rebound with focus on blue-chip earnings; IT, bank stocks rise

Reuters Business News - Tue, 01/21/2020 - 23:43
Indian shares rose modestly on Wednesday after two days of declines, as markets awaited a string of blue-chip earnings reports, with banking and IT services stocks leading gains.
Categories: Business News

GM's Cruise unit unveils driverless prototype vehicle for ride-sharing service

Reuters Business News - Tue, 01/21/2020 - 23:40
General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service.
Categories: Business News

Gulf economies to pick up this year following spending spree: Reuters poll

Reuters Business News - Tue, 01/21/2020 - 23:36
Economic growth in the Gulf will pick up this year and next, helped by Saudi Arabia's investment programme and Expo 2020 in Dubai, although the region will continue to feel the impact of oil output cuts, a Reuters poll showed on Wednesday.
Categories: Business News

Xerox to nominate as many as 11 directors to HP's board in takeover push - WSJ

Reuters Business News - Tue, 01/21/2020 - 23:32
Xerox Holdings Corp is preparing to nominate as many as 11 directors to HP Inc's board, the Wall Street Journal reported on Tuesday, as the company seeks to push its $33.5 billion takeover offer for the personal computer maker.
Categories: Business News

Oil declines as market surplus forecast counters Libya worries

Reuters Business News - Tue, 01/21/2020 - 23:30
Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya's crude output.
Categories: Business News

Netflix forecasts tough start to 2020; Disney+ going global

Reuters Business News - Tue, 01/21/2020 - 23:28
Netflix Inc has entered a new year that will be far tougher than the one it left behind.
Categories: Business News

IndiaMART InterMESH zooms 13%, hits new high on strong Q3 results

Business Standard - Tue, 01/21/2020 - 23:26
The stock surpassed its previous high of Rs 2,310 touched on October 10, 2019
Categories: Business News

Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost

Business Standard - Tue, 01/21/2020 - 23:23
According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.
Categories: Business News

Sensex jumps over 200 pts; Nifty reclaims 12,200

Business News From Hindu - Tue, 01/21/2020 - 23:14
Domestic investors turned positive following recovery in other Asian markets after a day of massive selloff after the outbreak of a new deadly virus in China.
Categories: Business News

GM's Cruise unit unveils driverless prototype vehicle for ride-sharing service

Reuters Business News - Tue, 01/21/2020 - 22:59
General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service.
Categories: Business News

Bharti Airtel hits highest level since October 2007 on 100% FDI nod

Business Standard - Tue, 01/21/2020 - 22:59
The Department of Telecom has approved raising of foreign direct investment (FDI) in the company to 100 per cent from 49 per cent allowed earlier.
Categories: Business News

India's battered telcos have one lifeline

ET News - Tue, 01/21/2020 - 22:57
Categories: Business News

Govt may let you lower your PF kitty

ET News - Tue, 01/21/2020 - 22:57
Categories: Business News