Sales decline 15.82% to Rs 30.12 crore
Posts in category Business Standard
GBPUSD Loses Momentum On Weak UK Labour Market Report (14-05-2024)
UK pound lost momentum and edged lower against the dollar following weak unemployment data. The ILO Unemployment Rate edged higher to 4.3% in the three months to March from 4.2%, matching market expectation. The Claimant Count Change rose 8.9K, while the Employment Change was down 177K in April. Average Earnings Excluding Bonus rose 6% annually in the three months to March while Average Earnings Including Bonus were up 5.7% on year in the same period. GBPUSD pair came off intraday high of $1.2566 and was currently quoting at $1.2557, mildly lower on the day. UK 10-year government bond yield also dropped to around 4.14% following the release of labor data that raised bets the central bank will soon reduce interest rates. Dollar index staying steady awaiting a slew of US data also failed to guide the pair. Weaker labour market data is sending signals to BoE for an interest rate reduction although Powells remarks and US inflation data this week will be crucial for the pair.
Bharti Airtel consolidated net profit declines 31.08% in the March 2024 quarter (14-05-2024)
Sales rise 4.42% to Rs 37599.10 crore
Leading Leasing Finance & Investment Company standalone net profit declines 21.82% in the March 2024 quarter (14-05-2024)
Sales rise 112.64% to Rs 1.85 crore
GTL Infrastructure reports standalone net loss of Rs 214.72 crore in the March 2024 quarter (14-05-2024)
Sales decline 12.38% to Rs 331.09 crore
Venmax Drugs & Pharmaceuticals standalone net profit declines 73.68% in the March 2024 quarter (14-05-2024)
Reported sales nil
Sintercom India standalone net profit rises 56.67% in the March 2024 quarter (14-05-2024)
Sales rise 19.36% to Rs 23.49 crore
Polychem consolidated net profit rises 57.72% in the March 2024 quarter (14-05-2024)
Sales rise 36.25% to Rs 14.62 crore
Stock exchanges, MIIs seek easing of penal action for tech glitches (14-05-2024)
Sebi to gather suggestions on applicability of financial disincentives
Singapore Exchange Market gains 0.3% (14-05-2024)
At closing bell, the Straits Times Index (STI) index was up 9.69 points, or 0.29% to 3,313.35 after trading between 3,298.51 and 3,313.35. Across the broader market, advancers outpaced decliners with 357 to 225, with 1.20 billion securities worth S$1.17 billion changed hands.