Monday , 19 November 2018
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Business

Demystifying the crisis in il&fs

Dr D M Deshpande What began as a financial crisis at a micro level in Infrastructure Leasing & Financial Services (IL&FS) is now threatening to spread its effect to NBFC’s (Non Banking finance Companies), pension and mutual funds, LIC and also the stock markets. There have been series of payments defaults by the said entity in the last few days. ... Read More »

Hyundai Motor targets 9000 units per month sale for new Santro

IANS   CHENNAI Targeting about 8,000-9,000 units per month domestic sales of its new Santro car model, Hyundai Motor India Ltd also plans to ship out about 20,000-30,000 units per year, said a top company official on Tuesday. He said the total sales target for the Santro model is about 120,000 units for 2019. Unveiling the new Santro at the ... Read More »

Mahindra launches new equity scheme for rural India growth

UNI   NEW DELHI A new open ended equity scheme titled ‘Mahindra Rural Bharat and Consumption Yojana,’ was launched on Tuesday for investors who are seeking long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the high growth of income and consumption in rural India. Mahindra Mutual ... Read More »

India needs innovation overdrive to sustain momentum: Naidu

WARANGAL: (TELANGANA) With India striving to become a five trillion-dollar economy by 2025, Vice President M Venkaiah Naidu on Monday said the country has to go on an innovation overdrive to sustain the momentum. Please like & share: Read More »

Goa Carbon reports net profit of Rs 6.18 cr

PANAJI: The Board of Directors of Goa Carbon Ltd. (GCL) approved the unaudited financial results for the second quarter ended September 30, 2018 on October 5, 2018. A Dempo group company, GCL is the second largest manufacturer of Calcined Petroleum Coke (CPC) in the country. Please like & share: Read More »

Market ends in green, breaks three-day losing streak

MUMBAI: In a highly volatile session, value-buying by investors in recently battered banking, oil & gas and auto stocks reversed the three-session losing streak, helping the Sensex and Nifty to close on a positive note Monday. Please like & share: Read More »

Gold falls on weak global cues

NEW DELHI: Gold prices fell by Rs 30 to Rs 31,870 per 10 gram at the bullion market Monday, tracking a weak trend overseas amid subdued demand from local jewellers. Please like & share: Read More »

QUICK NOTES

Mega carnival offer at AM Ventures Nissan PANAJI: A ‘Mega Carnival Offer’ is being organised on Nissan and Datsun products at the AM Ventures Nissan showroom from October 4 till October 7. Please like & share: Read More »

Norbert’s fitness studio opens in Canacona

NT Network   Panjim Norbert’s Fitness Studio has now set up base in Canacona. Inaugurated on  September 28 by MLA Isidore Fernandes and chairperson of the Canacona Municipality Chaya Komarpant, the joint venture between Omkar Builders and Norbert’s Fitness Studio spells ‘serious fitness’ and ‘committed lifestyle building’ for Canconkars. Commending Proprietor Norbert D’Souza for his fitness drive and business determination, ... Read More »

RBI maintains status quo, warns volatile oil prices pose risk to inflation

PTI   Mumbai The Reserve Bank Friday unexpectedly maintained status quo on the benchmark interest rate but warned that volatile and rising oil prices, and tightening of global financial conditions pose substantial risks to the growth and inflation. The Reserve Bank of India in its fourth bi-monthly policy this fiscal changed the policy stance to ‘calibrated tightening’ from ‘neutral’, while ... Read More »