Thursday, January 31, 2019

As growth slows and trade risks loom over China, Alibaba focuses on SE Asia

Jack Ma-promoted firm posted 41% revenue growth in the December quarter, but chances are the growth rate will slump https://ift.tt/eA8V8J

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Hero MotoCorp reports 4.5% YoY drop in Q3 profit at Rs 769 crore, announces dividend of Rs 55 per share


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Hero MotoCorp's revenue increased 7.53 per cent YoY to Rs 7,864.82 crore in Q3FY19.

More constructive on market in 2019 as compared to 2018: Amisha Vora, Prabhudas Lilladher


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Ground reality has not changed much for auto. Even Q4 could be very sluggish, says Vora.

YES Bank appoints Ajai Kumar as interim MD & CEO


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. YES Bank said it has got RBI’s approval for the appointment of the interim MD & CEO.

Vedanta Q3 profit drops 22% YoY to Rs 2,332 crore; margins rise 300 bps sequentially


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Net sales fell 3 per cent to Rs 23,669 crore for the quarter compared with Rs 24,361 crore a year ago.

Bharti Airtel posts surprise Q3 profit of Rs 86 crore on one-time gain; Arpu slumps 15%


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Analysts in an ET Now poll had estimated a loss Rs 905 crore.

Core sector growth slows down to 2.6% in Dec on crude oil, fertilisers

The eight sectors recorded a growth of 4.8% during Apr-Dec 2018-19, as compared to 3.9% in the same period of the previous financial year https://ift.tt/eA8V8J

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Government revises FY18 GDP growth to 7.2% from 6.7% earlier

The revised GDP numbers for 2018-19 come a day before the govt presents the Interim Budget 2019 https://ift.tt/eA8V8J

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Dabur India Q3 net profit up 10.26% to Rs 367 crore; shares rise 4%

Total income in the December quarter stood at Rs 2,274.46 crore https://ift.tt/eA8V8J

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Vedanta Q3 profit falls 21% to Rs 1,574 cr on smelter shutdown, price drop

Revenue from operations for the quarter was Rs 23,669 cr compared with Rs 24,361 cr a year ago https://ift.tt/eA8V8J

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Bharti Airtel posts 72% drop in consolidated net profit at Rs 86 cr in Q3

Net profit for the three months through December 31 was Rs 86.2 crore ($12.13 million) compared with a profit of Rs 306 crore in the year-earlier quarter https://ift.tt/eA8V8J

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Business not as usual: What changes for Amazon, Flipkart from tomorrow

To continue operating, Amazon and Walmart will now have to turn their sites in India into digital bazaars for independent merchants, becoming more like eBay https://ift.tt/eA8V8J

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Dabur to have low double-digit volume growth this year: Lalit Malik


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. There is very healthy growth in rural market supported by strengthening of rural initiatives, says Malik

F&O: Nifty rollover, lack of aggression in longs suggest market upside is capped


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Nifty has to hold above 10,777 to witness an upward move towards 10,929 and 10,985 levels.

Sensex zooms 665 points on Fed booster, Budget hopes


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Some analysts even went ahead and termed this as a "pre-Budget rally".

NSE opens delivery centres for commodities in 3 more cities


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The centres will facilitate pan-India delivery mechanism, the NSE said.

Q3 was one of the best quarters in Mahindra Logistics history: Pirojshaw Sarkari


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. “Sky is the limit for a good logistics service provider and we will like to take leadership.”

Power Grid Q3 profit rises 14% YoY to Rs 2,331 crore


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The power company had posted Rs 2,040.83 crore profit in the same period last year.

USCIS finalises higher preference for US advanced degree holders for H-1B

Only those whose registrations are selected will be eligible to file an H-1B cap-subject petition https://ift.tt/eA8V8J

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We expect healthy margins to come back in 12-18 months: Aneel Gambhir


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. There is very healthy growth on the top line but on bottom line there is some challenge.

A government whose term is ending, has no business announcing policies: Yashwant Sinha


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. None of the data released by government has any credibility now, says the former finance minister.

Brand Priyanka: Youngest Gandhi scion scores big on charm, pedigree, style

Priyanka Gandhi is seen as fairly tough and not inexperienced, but she does have a controversial husband and that is a low score in an otherwise impeccable scorecard, reveals an online poll https://ift.tt/eA8V8J

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DHFL, Zee Media, Dish TV among 19 stocks that fell over 30% in January

Siti Networks, IL&FS Transportation Networks, HEG and Gruh Finance are among 19 stocks from the S&P BSE Allcap index which have fallen more than 30 per cent in January 2019. https://ift.tt/eA8V8J

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India's share in global GDP jumped from 2.6% in 2014 to 3.3% in 2017: Prez

Kovind further said that prior to the 2014 general election, the country was passing through a phase of uncertainty https://ift.tt/eA8V8J

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Central banks bought highest amount of gold in 50 years in signs of turmoil

They bought 651 tonnes in 2018, or 15% of total gold sold globally, primarily because they see no let up in turbulence a decade after the last global economic crisis https://ift.tt/eA8V8J

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Govt plans to raise rural spending by 16% in Interim Budget 2019: Report

The plans for rural development may require an additional allocation of funds in a full Budget announcement that this government would likely make in July if it is re-elected https://ift.tt/eA8V8J

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BJP's Krishan Middha wins bypoll in Haryana's Jind by over 12,000 votes

The BJP wrested the seat from the main opposition INLD, which was decimated in the by-election https://ift.tt/eA8V8J

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Market expecting farm sops, tax breaks in interim budget: Jyotivardhan Jaipuria


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. General expectation is govt miss fiscal deficit target for this year, says Jaipuria.

Buy Asian Paints, target Rs 1,550: Reliance Securities


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Buy Asian Paints at a price target of Rs 1,550.

Buy Axis Bank, target Rs 750: Reliance Securities


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Buy Axis Bank at a price target of Rs 750.

Airtel Africa completes $200-mn funding transaction with Qatar sovereign fund


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Airtel decided to use the proceeds from QIA to further reduce Airtel Africa's existing net debt.

Buy KEC International, target Rs 383: Reliance Securities


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Buy KEC International at a price target of Rs 383.

Buy ICICI Bank, target Rs 440: Reliance Securities


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Buy ICICI Bank at a price target of Rs 440.

5 factors that drove Sensex 500 points higher ahead of Interim Budget 2019

Here are five factors driving the markets on Thursday- https://ift.tt/eA8V8J

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5 factors that drove Sensex 500 points higher ahead of Interim Budget 2019

Here are five factors driving the markets on Thursday- https://ift.tt/eA8V8J

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Farm package, yes, but Budget won't be extremely populist: Sonal Varma, Nomura


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. A lot more needs to be done in terms of creating manufacturing facilities or skill development.

Key takeaways from Indiabulls Housing Finance Q3 earnings


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The NBFC reported a 13.72% YoY drop in profit at Rs 985.51 crore for December quarter.

Share market update: Nifty Bank index gains nearly 400 points ahead of F&O expiry


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The Nifty Bank index was trading 1.41 per cent up at 27,204.05 around 02:21 pm.

Share market update: Consumer Durables shares trade higher; VIP Industries up 2%


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. Benchmark NSE Nifty50 index was up 142.10 points at 10,793.90 while the BSE Sensex was up 525.66 points at 36116.91.

Blame pinned on Kochhar, it is business as usual for ICICI Bank: Sandeep Parekh, Finsec Law Advisors


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The company itself is strictly not liable for whatever has happened in the past, says Parekh.

L&T Technology OFS sees tepid retail demand


via Markets-Economic Times vilayatimall.com Find Latest Coupons & Offers For Online Shopping Sites. The total issue size represents 2.89 per cent of its total paid-up equity share capital.