News Reality

Prospects for Century Plyboards, Greenply remain strong

Shortening replacement cycle, growing demand for medium-density fibre, and rising thrust on low-cost housing will aid the two companies
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Prime Minister Modi’s currency experimentation has not stopped India’s vibrant economy, which is the world’s 4th fastest growing economy in the world thus far in 2017.
Nifty, Bank Nifty, HDFC, Coal India and Vedanta
Imagination Technologies, once Britain’s most valuable tech company, yesterday revealed it was talking to potential buyers after seeing almost £500m wiped off its value in just one day in April.
McDonald, 53, took home £741,412 last year, down from £851,461 for the previous year. She joined Halfords in May 2015 having spent the previous five years running the UK arm of McDonald’s.
The sell-off has seen cocoa crash 10 per cent in a week – close to a ten-year low - while sugar is at its lowest price for 16 months and coffee has not been cheaper since May 2016.
The firm, which has been hit by a downturn in US department stores, has tapped luxury retail expert Ron Frasch to serve as a non-executive director from September.
Cruise and insurance firm Saga made a £193.3m profit for the year to January 31, up 9.7 per cent on the previous year, and chief executive Lance Batchelor said progress had held up well.
The deal comes as the carrier seeks to navigate testy waters in the US, following tighter security measures and a ban on travellers from certain Muslim-majority countries under president Trump.
London-based MelodyVR’s partnership with the US tech giant cheered investors and sent shares in its parent company, EVR Holdings, soaring by 5.8 per cent yesterday.
Oil leaks caused by gangs of thieves, as well as cracked pipes and equipment breakdowns, have devastated local livelihoods and wildlife, triggering conflict and resentment.
The 56-year-old sold 134,500 shares in the FTSE 250-listed company at 1927p each. Page retains nearly 678,000 shares in the firm, a 0.7 per cent stake.
Move over FAANGs, when comparing the performance of the 10 Select Sector SPDR ETFs, healthcare is currently leading in the last 1-week, 6-week and 12-week performance periods. However, it appears the
Oracle released its Q4 and fiscal 2017 earnings on June 21, and managed to beat its own earnings guidance and analyst estimates by a comfortable margin. The revenues also exceeded the analyst estimate
BlackRock recently took its first step into Europe’s growing digital investment manager industry – commonly referred to as the robo-advisory industry – by acquiring a minority stake in Scalable Capita
An internal investigation at Hain Celestial Group found past errors in its accounting were immaterial. Investors care more about the company’s future, which still looks troubled
The on-demand mobile barbershop recently partnered with actor and entrepreneur Quincy Brown to expand the company and develop into a lifestyle brand.
Intelsat’s proposed merger with Softbank-owned OneWeb may have publicly unraveled, but a provision in a new bond deal that it priced this week leaves the door open for a renewed effort at the merger.
Fees charged for each service must also be clearly separated
Analysts say MCX could first launch options in gold and then in two-three more commodities by FY19
Market regulator SEBI, which is proposing to amend its norms for investment advisors, has also relaxed the educational qualifications required for employees of registered investment advisers. Accord.
The Securities and Exchange Board of India (Sebi) is planning action against United Breweries (UB) for failing to comply with the order barring Vijay Mallya, still chairman of the latter, from holding
Fund's portfolio holds 64 stocks from 26 sectors as of May 2017
The Better Care Reconciliation Act of 2017 is here, and investors aren’t remotely concerned.
Govt will have to tweak the SCRR before August to provide leeway to the 25 PSUs
The ongoing run up in Bitcoin and other digital currencies has most of the elements of a bubble, but it has yet to reach a cascade and turn into mania--the stage when a critical mass of investors rush
The company on Tuesday raised over Rs 145 crore from anchor investors
The Lead futures contract on the Multi Commodity Exchange (MCX) has surged over 4 per cent in the past week. This rally has taken the contract well above the key resistance level of ?137 per kg. It a
India’s tea prices have fallen by a tad in the first five months of current calendar over the same months of 2016. According to Tea Board, the average prices of all teas in all the auction centres i.
The pepper growers were not ready to sell at buyers’ demanding price and hence there were neither any arrivals nor any off take at the terminal market on Thursday, trade sources told Business Line...
India’s pepper exports declined sharply, by about 37 per cent, in 2016-17 even as imports rose.According to Spices Board sources, India shipped 17,600 tonnes of pepper valued at ?1,141.89 crore last
Comex gold futures edged higher on Thursday benefiting from risk aversion as weaker oil prices dented stocks while the dollar retreated. Comex gold futures have moved in line with our expectations so
Mandi arrivals fall; stockists await GST
Despite improved global cues, majority of oils either ruled stable or traded lower on slack physical demand with soy refined quoted at ?627-30 for 10 kg, while soy solvent ruled at ?595-598. Palm oi.

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