News

South Korea accuses Japan of 'lukewarm' stand on North Korea sanctions

Reuters Business News - 1 hour 49 min ago
Relations between U.S. allies South Korea and Japan deteriorated on Tuesday with South Korea questioning Japan's commitment to U.N. sanctions against North Korea, while a South Korean legal case looked set to aggravate old wartime animosity.
Categories: Business News

‘India is strategic market in terms of the growth market’

Business News From Hindu - 2 hours 54 sec ago
India continues to be one of the fasted growing markets for the German software and Cloud giant SAP, its president for the Asia Pacific Japan (APJ) re
Categories: Business News

Crisis-hit Unitech's internal auditors resign citing time constraints

Business Standard - 2 hours 5 min ago
Crisis-hit realty firm Unitech Ltd said Tuesday that its internal auditors S K P & Co. Chartered Accountants has resigned citing time constraints. In a filing to the BSE, Unitech said that "Internal Auditors of the company viz S K P & Co. Chartered Accountants. has resigned with effect from July 15 stating that they are unable to continue as internal auditors of the company due to time constraint." The resignation comes days after Unitech deferred board meet to approve its financial result for the fourth quarter of the last fiscal and entire 2018-19. "The accounts department of the company requested that they still need some more time to provide the details information sought by the audit Committee in its meeting held on 25th June, 2019. "Therefore, the chairman of the company after consultation with other Directors, decided to postpone/adjourn the Board meeting to July 19, 2019. Accordingly the items w.r.t. the audited financial results for the quarter and year ended 31st ...
Categories: Business News

UP power utility faces heat for installing 3G smart meters in the age of 4G

Business Standard - 2 hours 11 min ago
UP energy regulator issues notice to power utility seeking report on installations, impact on future opex
Categories: Business News

HDFC Bank, CSC launch credit card for village entrepreneurs and small traders

Business News From Hindu - 2 hours 13 min ago
An official statement says the credit card would give users easy access to credit for their day-to-day business expenses.
Categories: Business News

Goyal backs multi-brand FDI policy, says no changes in the offing

Business Standard - 2 hours 16 min ago
Britain's prime ministerial frontrunner Boris Johnson had recently expressed his disappointment at UK retailers like Sainsbury's and Waitrose not being able to set up base in India
Categories: Business News

HDFC AMC posts 42% jump in profit after tax to Rs 292 cr in June quarter

Business Standard - 2 hours 16 min ago
The total income also rose to Rs 552.75 crore in the April-June 2019 quarter
Categories: Business News

Rate cut expectations, foreign demand boost govt bonds to 2016 highs

Business Standard - 2 hours 19 min ago
The yield on 10-year bonds declined nine basis points to 6.34 per cent on Tuesday after touching 6.31 per cent, the lowest for the notes since December 2016
Categories: Business News

Nomura expects Nifty to touch 12,900 by March 2020; overweight on financials, infra shares

MoneyControl Business News - 2 hours 22 min ago
Mukherjee feels the market could trade between 17x and 18x one-year forward earnings
Categories: Business News

Situation in automobile sector quite negative, all businesses cautious, says FADA

MoneyControl Business News - 2 hours 24 min ago
Ashish Harsharaj Kale, president of Federation Of Automobile Dealers Associations (FADA) said that two-wheeler dealer inventory continues to be a concern, and is hoping that the original equipment manufacturers (OEMs) will support us as we enter into the season.
Categories: Business News

JPMorgan profit beats estimates on lending strength; net interest margin dips

Reuters Business News - 2 hours 25 min ago
JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks.
Categories: Business News

Can NCLAT change CoC approved plans, Essar lenders ask Supreme Court

Business Standard - 2 hours 27 min ago
NCLAT's decision to equate operational, financial creditors could lead to a severe plunge in recovery rate, says CoC
Categories: Business News

Trump says #39;will take a look#39; at accusations over Google, China

MoneyControl Business News - 2 hours 30 min ago
Representatives for Google could not be immediately reached for comment on Trump#39;s comments, which follow accusations from one of his supporters, entrepreneur and Facebook Inc board member Peter Thiel.
Categories: Business News

Expect FY20 Nifty earnings growth in high teens: Sanjay Dongre of UTI MF

MoneyControl Business News - 2 hours 30 min ago
According to Dongre, high-quality names will continue to trade at high valuations due to higher growth.
Categories: Business News

UK PM May: Keep talking to businesses as Brexit nears

Reuters Business News - 2 hours 34 min ago
Outgoing British Prime Minister Theresa May on Tuesday told her top ministers to keep engaging with businesses over Brexit, and that firms expect her successor to keep up infrastructure investment and continue developing an industrial strategy.
Categories: Business News

Railways introduces new tender process for Train 18 on favouritism charges

Business Standard - 2 hours 46 min ago
Officials said the new tendering process gives vendors three months to apply for bids instead of the present three weeks
Categories: Business News

Air India raises check-in luggage from 30 kgs to 40 kgs for UAE passengers

Business Standard - 2 hours 46 min ago
The changes will be implemented with immediate effect for those booking their tickets Tuesday onwards
Categories: Business News

Mallya asks trolls to get their #39;facts right’ before calling him #39;chor#39;, gets trolled again

MoneyControl Business News - 2 hours 46 min ago
A picture shared by Chris Gayle featuring himself and Mallya went viral and Indian Twitter users grabbed the opportunity to lash out at the fugitive,
Categories: Business News

Moody#39;s affirms Baa1 rating to ONGC

MoneyControl Business News - 2 hours 48 min ago
ONGC#39;s Baa1 issuer ratings are primarily driven by its standalone credit profile, as captured in its baa1 Baseline Credit Assessment (BCA).
Categories: Business News

Sensex, Nifty extend gains for second day, Yes Bank soars 11%

Business News From Hindu - 2 hours 55 min ago
BSE Sensex closed at 39,131.04 points, showing a rise of 234.33 points or 0.60%; NSE Nifty ended 72.70 points or 0.63% up at 11,661.05
Categories: Business News