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For Mukesh Ambani's Reliance Industries (RIL), the March-ended quarter might prove sequentially better, on the back of refining and petrochemical segment performance, analysts say. "We expect strong earnings, driven by refining and petchem (higher volumes, improved margins). Despite increased losses in domestic E&P (exploration and production), we expect RIL to report a ninth straight quarter on quarter stand-alone PAT (profit after tax) growth," analysts with Nomura Research wrote in an April 7 report.
Metals, ferrous and non-ferrous have seen a correction in the last one month. All are down from their peaks seen in the early part of the year, except some like coking coal, aluminium, and tin.
Why metals corrected
In January, when Donald Trump took over as US President, most metals recovered sharply on funds going long, following his promise to spend $1 trillion on infrastructure development. Of late, fund managers have sold metals and booked profits on Trump not being able to push legislation and on recent geo-political tensions leading to growth worries — which is good for safe-haven metals like gold and silver; negative for industrial metals.
Is this a trend reversal?
Fall in prices of most industrial commodities in last few months is not a trend reversal. As T Gnanasekar, director, CommTrendz Research and Fund Management, said, “When geo-political tensions soften and when US President sees some Bills getting through, industrial metals will rise again as the Chinese economy has been doing well, and Trump has already said he favours low interest rates and weaker dollar. All are good signs of metals recovering.”
Steel and its key inputs
Prices of steel and its key input iron ore have seen a sharp fall in a month’s time. However, China has begun clamping down on excess steel capacities and prices of coking coal, key input in steel, have almost doubled in a month on reports of damage by a cyclone in Australia. Amid high prices of coking coal, steel prices cannot remain low for long.
Reliance Industries’ market capitalisation surpassed that of Tata Consultancy Services (TCS) in intra-day trading for a second time this week. The oil and gas major, however, failed to topple the Tata group flagship as the country’s most-valued firm on a closing basis. At Friday’s closing prices, RIL’s market cap stood at Rs 455,105 crore, only Rs 300 crore less TCS’ market cap of Rs 455,405 crore. Hurry up! Don’t forget to grab your Two Days Free Trial in Financial investment Market which we’re providing click here to get >> http://www.ripplesadvisory.com/nifty-future-.php
Xenok, a unit of Goldman Sachs, on Friday sold 13 million shares (4.86 per cent stake) in Max Financial Services. The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore. According to bulk deal data provided by stock exchanges, Citigroup was among the buyers. The US-based bank picked up 1.74 million shares for Rs 107 crore. Shares of Max Financial closed at Rs 629.90, down Rs 20.85, or 3.2 per cent.
The government, in order to maintain the availability of sugar and keep prices under check, has again extended the stock-holding limit by six months. A few days ago, it had resorted to allowing duty-free imports, which will keep sugar prices in check. These measures suggest that a further upside in sugar prices from here on may be limited, and hence the major part of the rally in share prices of sugar companies is behind. The uptrend in sugar prices on the back of tightening supplies has so far been the key reason for the strong rally in the share prices of sugar companies. Recommendations on Share market and more go through our website from here link below and let us to know you more: http://www.ripplesadvisory.com/nifty-future-.php
Indian billionaire Kumar Mangalam Birla is exploring entry into the production of carbon fibre, a high-strength and light-weight composite material expected to be a $4.7-billion global business by 2022, according to a person familiar with his plans.
The Aditya Birla Group, the $40-billion mining-to-mobile phone carrier conglomerate, may buy the technology to manufacture carbon fibre at one of its existing overseas manufacturing facilities, said the person, asking not to be identified because the plan is private. Another option is to buy a carbon fibre plant from another company if the technology is too complex to be adapted at Birla plants, the person said.
When we speak of Volvo, the first thought that crosses our mind is safety. So what’s a safe car doing on a race track? That’s because the Volvo S60 Polestar is a pure performance car that tears up the asphalt, going from 0 to 100 kmph in just 4.7 seconds. It has the genes inherited from Volvo’s performance division, Polestar. The Volvo S60 sedan has always looked good: it carries sharp and elegant style cues that lend to it a voguish appeal. The S60 Polestar brings more racy characteristics to the sedan while being purposeful in its incorporation....
State-run BSNL on Friday announced new plans in the price range of Rs 333 to Rs 395, offering daily data usage limit of up to 3 GB, unlimited calling and 90-day validity. BSNL's new plan, Triple Ace, for mobile customers priced at Rs 333 will offer unlimited data with 3G speed up to 3GB per day and remain valid for 90 days, said a statement issued by the company.
The company launched Dil Khol Ke Bol plan for Rs 349 in which its customers will get unlimited local and STD calls and 2GB data with 3G speed every day after which the speed will get reduced to 80 kilobits per second.
In the third plan, Nehle pe Dehla, BSNL is offering 3,000 minutes of calls on BSNL network and 1,800 minutes of calling on other networks along with 2GB daily data at 3G speed for Rs 395. The plan has a validity of 71 days. To increase pressure on competitors, BSNL revised daily data usage limit in its Rs 339 plan to 3GB from 2GB offered earlier. Once a user exhausts Rs 3GB of data, the speed will get reduced to 80 kbps.
Indian ADRs ended lower on Friday. In the IT space, Infosys was up 0.07 percent at USD 14.48 and Wipro fell 1.52 percent at USD 9.70. In the banking space, ICICI Bank shed 0.72 percent at USD 8.25 and HDFC Bank ended lower by 0.21 percent at USD 77.30. In the other sectors, Tata Motors slipped 1.37 percent at USD 33.72 and Dr Reddy's Laboratories was down 0.42 percent at USD 40.57.
US stocks dipped on Friday as investors were cautious ahead of the first round of the closely contested French presidential election, but the S&P 500 managed to notch its first weekly gain in three. The first round of France's presidential election may be too close to call when polls close on Sunday because initial projections will not be available as early as in the past, pollsters and their watchdog said.
Most polls see centrist Emmanuel Macron and far-right leader Marine Le Pen qualifying on Sunday for a May 7 runoff, but conservative Francois Fillon and leftist Jean-Luc Melenchon are not far behind and within the margin of error. "Nobody is taking anything for granted after the big swing and miss in Britain and the big swing and a miss here," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. "I don’t think anyone wants to stick their neck out for this one."
Benchmark indices ended the day on a negative note, with the Nifty snapping 9150-mark it had achieved intraday. The Sensex was down 57.09 points at 29365.30, while the Nifty was down 17.00 points at 9119.40. The market breadth was very narrow as 1,444 shares advanced against a decline of 1,420 shares, while 154 shares were unchanged.
Sun Pharma, Adani Ports and Bank of Baroda were the top losers, while HDFC Bank, Bharti Infratel and Reliance gained the most. The Bank Nifty was up nearly 0.30 percent, driven by a rally in HDFC Bank on the back of stellar results.
Former Infosys chief financial officer T V Mohandas Pai described a recent employability assessment study which said that 95 per cent of Indian engineers were not fit for software development jobs as "total rubbish". Recently, employability assessment company Aspiring Minds conducted a study, which said that only 4.77 per cent of candidates could write the correct logic for a programme - a minimum requirement for any programming job.
Pai took to Twitter to refute the claims made by the study. The adjective he used for the study was "stupid". Pai's defence of the Indian techie workforce comes when it is facing uncertain prospects due to global headwinds, tightening visa regulations, automation, and artificial intelligence.
Ashok Leyland on Friday said 10,664 units of its commercial vehicles were impacted by the Supreme Court ban on BS-III vehicles but the financial hit will be minimal as the affected engines would be upgraded for aftermarket sales. The Hinduja flagship firm said the BS-III engines would be upgraded to BS-IV standard using its new intelligent exhaust gas recirculation (iEGR) technology.
"Out of a total of 10,664 units of BS-III vehicles, 95 per cent were with us, not with dealers. So we will be upgrading the engines of those vehicles using our indigenously developed iEGR," Ashok Leyland Managing Director Vinod Dasari told PTI here.
Mukesh Ambani led Reliance Industries on Friday regained its status as India's most valued firm by market capitalisation, overtaking Tata Group's crown jewel TCS. Shares of RIL were trading 3.43 per cent higher at Rs 1,416.40 on BSE at 1236 hrs, giving the company a market capitalisation (m-cap) of Rs 4,60,291.20 crore the highest for any listed firm in the country. This was Rs 3,151.92 crore more than TCS Rs 4,57,139.28 crore valuation at the time.
The scrip of TCS was quoting 0.33 percent lower at Rs 2,320.65. Reliance Industries had on Tuesday briefly regained its status as India's top valued firm, overtaking TCS. TCS had replaced RIL as the most valued firm more than four years ago but a sharp rally in the shares of the Mukesh Ambani led firm in recent past has helped the company close the gap. Shares of RIL have surged nearly 27 per cent, while those of TCS have fallen by over 1 percent so far this year.
MUMBAI - Finance Minister Arun Jaitley discussed the issue of an executive order on high-skilled visas that affects the country's $150-billion information technology sector with U.S. Commerce Secretary Wilbur Ross in Washington on Thursday. Jaitley expressed hope that the Trump administration would take into account the contributions of Indian professionals in the United States before taking any decision, India's finance ministry said in a statement on Friday. U.S. President Donald Trump on Tuesday ordered a review of the U.S. visa programme for bringing high-skilled foreign workers into the country, a move that affects India's software services exporters who use the programme to fly engineers and developers to service clients.
देश के शेयर बाजारों के शुरुआती कारोबार में शुक्रवार को मजबूती का रुख है। प्रमुख सूचकांक सेंसेक्स सुबह 9.35 बजे 42.75 अंकों की मजबूती के साथ 29,465.14 पर और निफ्टी भी लगभग इसी समय 17.55 अंकों की तेजी के साथ 9,153.95 पर कारोबार करते देखे गए।
बम्बई स्टॉक एक्सचेंज (बीएसई) का 30 शेयरों पर आधारित संवेदी सूचकांक सेंसेक्स सुबह 153.27 अंकों की बढ़त के साथ 29575.66 पर, जबकि नेशनल स्टॉक एक्सचेंज (एनएसई) का 50 शेयरों पर आधारित संवेदी सूचकांक निफ्टी 42.7 अंकों की बढ़त के साथ 9,179.10 पर खुला।
McCormick & Company will fully take over the ownership of Indian business of "Kohinoor" brand of Basmati rice by acquiring the remaining 15 per cent equity ownership in Kohinoor Speciality Foods India (KSF), a statement said here on Thursday.
The statement said McCormick had purchased the Kohinoor brand and other trademarks, along with 85 per cent ownership in the KSF, in September 2011. "As a key emerging market, India presents exciting growth opportunities for McCormick.
We have invested in India continuously for over two decades and are deeply committed to the 'Kohinoor' brand in this market," said Malcolm Swift, President of McCormick's International Business. "Our goal is to leverage 'Kohinoor' brand from a Basmati rice brand to a 'Rice and Spice' leader in this market through our passion for flavour," Swift added. McCormick has invested more than $150 million in India since 1994 through four ventures, which currently employ over 2,000 people, according to the statement.
President Donald Trump on Thursday ordered the Department of Commerce to conduct an investigation to determine if steel imports, particularly those from China, are a threat to national security, a move in keeping with his protectionist campaign promises. Trump signed a memorandum as per Section 232 of the 1962 Trade Expansion Act, which authorises the US president to set barriers or tariffs on imports of certain products for reasons of national security, Efe news agency reported.
As set forth in that law, Trump asked the Commerce Department to launch an investigation into whether steel imports have implications for US national security as a first step before deciding what additional measures he might take along those lines. Flanked by steel industry representatives, Trump remarked to reporters at the event that maintaining US steel production is something extremely important for the country's security and defense industry.
The Reliance Industries (RIL) on Thursday announced the commissioning of the second phase of its new paraxylene (PX) plant at Jamnagar in Gujarat. "Reliance is pleased to announce successful and flawless commissioning of the second and final phase of paraxylene (PX) comprising PX crystallizers trains, trans-alkylation and aromatic extraction units at Jamnagar," the Mukesh Ambani-led RIL said in a release here. "With the commissioning of this plant, RIL's PX capacity will more than double.
Reliance will emerge as the world's second-largest producer of PX with about 11 per cent of global production," it said. The first phase of the plant was commissioned last December. PX is the building block for the entire polyester chain. The 2.2 million tonnes per annum (MTPA) plant is built with technology from British oil major BP, RIL's partner in the D6 block of the Krishna Godavari (KG) basin in the eastern offshore. With the commissioning of this plant, RIL's PX capacity will more than double to 4.2 MTPA.
Japanese two-wheeler major Honda Motorcycle and Scooter India (HMSI) plans to invest Rs 1,600 crore in 2017-18 for expanding capacity and developing new products, the company has announced. "The Indian market is going to change when the auto industry will migrate to BS-VI," HMSI's new President and Chief Executive Minoru Kato told reporters here on Thursday.
"The future is challenging but exciting. We are investing in an additional assembly line at our plant in Karnataka and by July 2017 our total capacity will go up to 6.4 million units a year. In 2017-18 our total investment will be Rs 1,600 crore," he said. HMSI, which sold five million units in 2016-17 the most by a Honda subsidiary worldwide -- has set a target to sell six million units this year.
Global software major Wipro "sacked" at least 600-700 employees in fiscal 2016-17, ostensibly for non-performance or not rising to its expectations, said a company source on Thursday. "Attrition takes place every quarter when employees leave voluntarily for various reasons or involuntarily when asked to go for non-performance or not measuring up to the expectations during appraisal," a Wipro source told IANS on condition of anonymity. The source, however, declined to specify the number of techies "sacked" in the fourth quarter (January-March) of the just-concluded fiscal (FY 2017), as the company was in "silent period" ahead of its results on April 25.
India raised 12 billion rupees ($185.7 million) from a 9.2 percent stake sale in state-run National Aluminium Co (NALCO), the government said on Thursday, kicking off its asset sale programme for the new financial year. The finance ministry aims to raise a total 725 billion rupees through sale of government stakes in state-run and private sector companies to help lower its deficit. It raised a record 462.47 billion rupees last financial year from asset sales. The NALCO share sale was oversubscribed 1.43 times, with strong participation from both institutions and retail investors, according to a government statement. After the sale, government holding in NALCO has come down to 65.37 percent, it said.
The Indian rupee opened lower by 8 paise at 64.64 per dollar on Friday versus previous close 64.56. Ashutosh Raina said, "The markets are keenly watching the upcoming French elections, which should decide the future risk tone."
"Expect the USD-INR currency pair to trade in the 64.50-64.80/dollar range for today," he added. The dollar remained weak against a basket of major currencies as the latest data on domestic jobless claims, while the euro rose to a three-week high against the US dollar ahead of the first round of the French presidential elections on Sunday.
Asian stocks rose, lifted by bets on strong US earnings and US tax reform, while the euro retreated from a three-week high as jitters returned over the first round of French presidential elections on Sunday after a shooting in Paris. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.25 percent. It is set to end the week 0.6 percent lower. Japan's Nikkei advanced 0.8 percent, on track for a weekly gain of 1.3 percent. Nothing in any business is Risk Free but in Stock Market we can make you to work with lesser risk to make it happen what you want with simple click here >> http://www.ripplesadvisory.com/nifty-future-.php
Indian ADRs ended mixed on Thursday. In the IT space, Infosys was down 0.08 percent at USD 14.34 and Wipro gained 0.11 percent at USD 9.83. In the banking space, ICICI Bank fell 0.22 percent at USD 8.49 and HDFC Bank ended flat at USD 78.06. In the other sectors, Tata Motors gained 0.18 percent at USD 34 and Dr Reddy's Laboratories was up 0.22 percent at USD 40.35.
US stocks rallied on Thursday, with the Nasdaq closing at a record, as a round of solid earnings led by American Express pushed equities higher. The credit card company closed up 5.9 percent as the top boost to the Dow Industrials after reporting a smaller-than-expected drop in quarterly profit late Wednesday. CSX Corp , up 5.6 percent, was one of the best performers on the S&P 500 after the railroad reported a better-than-expected quarterly net profit driven by rising freight volumes and said it plans to cut costs and boost profitability moving forward. Get updates in Intraday Stocks News and more click here and have your two days Free Trial >> http://www.ripplesadvisory.com/nifty-future-.php
Bharti Airtel (“Airtel”), India’s largest telecommunications services provider has said that it has partnered with Amazon for Amazon’s Fire TV Stick with Voice Remote, which was launched in India. Customers purchasing Amazon Fire TV will get free 100 GB high speed data via Airtel Broadband/Airtel 4G Home Wi-Fi* to enable them to enjoy online content on their TV. In addition, Airtel Movies, the OTT app from Airtel, will offer Airtel mobile and broadband customers access to an exciting collection of thousands of popular Bollywood movies & premium TV shows across a host of genres.
Airtel Broadband is available to customers in 87 cities and offers high speed broadband with speeds up to 100 Mbps with cutting edge offerings like V-Fiber that power digital homes of the future Meanwhile, shares of the company were trading at Rs 339.20 apiece, down 0.24 per cent from the previous close at 09:31 hours on BSE.
Japan achieved a trade surplus of $5.638 billion in March, its second consecutive month of surplus since the beginning of the year, the government reported on Thursday. However, Japan's trade surplus in March was 17.5 per cent lower than that of the same month in 2016, and 24.4 per cent lower than in February, according to the Ministry of Finance data, Efe news reported. Exports in March grew 12 per cent year-on-year while imports rose 15.8 per cent from the same month in 2016. Free Trials for two days in Financial Market click here to subscribe us >> http://www.ripplesadvisory.com/nifty-future-.php
The stability to input prices for the capital-intensive steel sector will provide some comfort on this front and help the industry, Tata Steel said on Wednesday. "We wait for the details to come out. Obviously, when you have significant input cost, you want some sort of stability on input cost.
"For the steel industry which is capital-intensive, it is good to have some comfort on the input cost. It helps the industry," said steel producer's Managing Director (India and South East Asia) MD T.V Narendran told BTVi in an interview when asked to comment on the government considering capping the prices on iron ores for three months. He said the steel sector has been volatile and the steel maker is well-equipped to deal with it.
On the international steel markets, he said China has not been bad as one imagined and did grow last year. "We will certainly grow but the question is we wanted to build the business case first," he said to a query about undertaking domestic expansion.
Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 29,336.57 points on Wednesday, opened higher at 29,358.59 points. Minutes into trading, it was quoting at 29,369.55 points, up by 32.98 points, or 0.11 percent.
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,103.50 points, was quoting at 9,108.10 points, up by 4.60 points or 0.05 per cent. Prolonged outflow of foreign funds and heavy selling pressure in banking stocks pushed the Indian equity markets to close on a flat-to-negative note on Wednesday. Besides, investors' sentiments were cautious following weak global cues and concern over the ongoing fourth quarter results season.
The recent grade downgrades at Coal India's mines could hit its realisation from fuel supply agreement (FSA) by 3-5 per cent and estimated earnings for the current fiscal year by 11-16 per cent, according to a note released on Wednesday by research analyst firm Jefferies India. "We believe recent grade downgrades at CIL's (Coal India Ltd) mines could hit FSA realisation by 3-5 per cent and FY18 (2017-18) estimated earnings by 11-16 per cent," the note said. According to the note, part of the impact has already been reflected in earnings of 2016-17.
The fuel quality watchdog Coal Controller's Organisation downgraded 40.76 per cent of 871 sidings at 386 mines of Coal India and in most cases, downgrading has been of one to two grades, the miner said. "Our review of mine wise grade changes at key subsidiaries- South Eastern Coalfields Ltd (SECL), Mahanadi Coalfields Ltd (MCL), Eastern Coalfields Ltd (ECL) and Bharat Coking Coal Ltd (BCCL) - suggest grade reset at these subsidiaries could hit CIL's FSA realisation by 3.2 percent.
NEW DELHI - Indian sugar futures fell on Wednesday after the cabinet extended by six months a limit on the quantity of sugar that mills can hold, in a move to contain high local prices. May sugar was down 0.2 percent at 3,761 rupees ($58.26) per 100 kg on the National Commodity & Derivatives Exchange Ltd (NCDEX) as of 1240 GMT. The price of the contract had breached the 4000-rupee level to reach a record high in February.
India, the world's biggest sugar consumer, earlier this month allowed imports of 500,000 tonnes of duty-free raw sugar, as a drought has cut output below consumption levels for the first time in seven years. May soyoil futures were down 0.4 percent at 617 rupees, tracking weakness in Malaysian palm oil and other overseas soyoil contracts. May rapeseed contract was marginally up at 3,821 rupees per 100 kg, while Indian soybean closed largely flat at 3009 rupees. Recommendations on Share market and more go through our website from here link below and let us to know you more: http://www.ripplesadvisory.com/nifty-future-.php
The Indian rupee slipped in the early trade on Thursday. It has opened lower by 8 paise at 64.66 per dollar versus 64.58 Wednesday. Mohan Shenoi said, "Rupee is rangebound, consolidating after sharp gains in March. USD-INR trading range for the day is 64.50- 64.80/dollar."
The dollar rose, a day after dropping to a 3-week low, but gave up some gains after a report from the Federal Reserve suggested the outlook for the US economy isn't as rosy as it was earlier in the year. The pound moved lower on reversing some of its gains from earlier in the week, as Theresa may wins approval to hold an early general election on June 8. Get updates in Intraday Stocks News and more click here and have your two days Free Trial >> http://www.ripplesadvisory.com/nifty-future-.php
Most Asian indexes were cautiously higher on Thursday, following key earnings on Wall Street and as oil prices came off two-week lows set earlier in the session. Japan's benchmark Nikkei 225 index climbed 0.22 percent and the ASX 200 was up by 0.29. The Kospi was higher by 0.16 percent. But markets in greater China were narrowly mixed. The Shanghai Composite eased 0.18 percent lower while the Shenzhen Composite traded nearly flat. The Hang Seng Index bucked the trend and rose 0.22 percent. Now watch every updates regarding Share and Stock market just with a simple click here: - http://www.ripplesadvisory.com/nifty-future-.php
Indian ADRs ended mostly lower on Wednesday. In the banking space, ICICI Bank was down 0.09 percent at USD 8.71 and HDFC Bank added 0.16 percent at USD 78.06. In the IT space, Infosys shed 0.11 percent at USD 14.42 and Wipro was up 0.03 percent at USD 9.72. In the other sectors, Tata Motors slipped 1.08 percent at USD 33.82 and Dr Reddy's Laboratories declined 1.07 percent at USD 40.13. Nothing in any business is Risk Free but in Stock Market we can make you to work with lesser risk to make it happen what you want with simple click here >> http://www.ripplesadvisory.com/nifty-future-.php
The S&P 500 and Dow closed lower and the Nasdaq advanced on Wednesday as investors digested the latest round of earnings, while a drop in oil prices weighed on the energy sector. IBM sank 4.9 percent to USD 161.69 after the company reported a bigger-than-expected decline in revenue for the first time in five quarters. The stock was the biggest drag on the S&P and the price-weighted Dow. Free Trials for two days in Financial Market click here to subscribe us >> http://www.ripplesadvisory.com/nifty-future-.php
देश के उपभोक्ता मूल्य सूचकांक (सीपीआई) या खुदरा मुद्रास्फीति में मार्च के महीने के दौरान माह दर माह आधार पर बढ़कर 3.81 फीसदी रही, जबकि फरवरी में यह 3.65 फीसदी थी। आधिकारिक आंकड़ों से बुधवार को यह जानकारी मिली। उपभोक्ता मूल्य सूचकांक में हालांकि सालाना आधार पर गिरावट देखी गई, क्योंकि साल 2016 के मार्च में यह 4.83 फीसदी थी।
साल 2007 के बाद पहली बार पीसी बाजार में बिक्री 6.3 करोड़ से कम हुई है और साल 2017 की पहली तिमाही में पिछले साल की पहली तिमाही की तुलना में 2.4 फीसदी की गिरावट देखी गई है। मार्केट रिसर्च फर्म गार्टनर द्वारा बुधवार को जारी रपट के मुताबिक साल 2017 की पहली तिमाही में दुनिया भर में कुल 6.22 करोड़ पीसी की बिक्री हुई। बिक्री में गिरावट का मुख्य कारण ग्राहकों द्वारा अपनी पुरानी पीसी बदलकर नया पीसी नहीं खरीदना और कुछ ग्राहकों द्वारा पूरी तरह से पीसी बाजार को छोड़ देना है। गार्टनर के प्रमुख विश्लेषक मिकाको कितागावा ने कहा, "पीसी का उपभोक्ता बाजार लगातार सिकुड़ रहा है।
पीसी बाजार में स्थायी वृद्धि दर जारी रखने के लिए कंपनियों को व्यापार खंड में अपनी स्थिति मजबूत करनी होगी। जो कंपनी व्यापार खंड में जीतेगी वही, पीसी के सिकुड़ते बाजार में बच पाएगी।" हालांकि एशिया-पैशेफिक क्षेत्र के पीसी बाजार में कुछ स्थायित्व देखने को मिला है। क्योंकि यहां साल 2017 की पहली तिमाही में कुल 2.28 करोड़ पीसी की बिक्री हुई, जोकि साल 2016 की समान अवधि की तुलना में महज 0.8 फीसदी कम है। गार्टनर ने अनुमान लगाया है कि शीर्ष तीन कंपनियां - लेनोवो, एचपी और डेल के बीच बड़ी कंपनियों के खंड में बाजार हिस्सेदारी के लिए संघर्ष जारी रहेगी।
एयरसेल ने बुधवार को राष्ट्रीय रोमिंग के दौरान मुफ्त इनकमिंग कॉल की घोषणा की। कंपनी ने यहां एक बयान जारी कर बताया, "एयरसेल के ग्राहक अब बिना किसी अतिरिक्त शुल्क के देश भर में एयरसेल के नेटवर्क पर मुफ्त इनकमिंग कॉल का लाभ उठा सकेंगे। इसके लिए उन्हें पहले स्टार एक दो एक स्टार नौ शून्य नौ हैश डॉयल करना होगा।"
एयरसेल के मुख्य विपणन अधिकारी अनुपम वासुदेव ने बताया, "हम अपने सभी ग्राहकों के लिए देश भर में रोमिंग के दौरान मुफ्त इनकमिंग कॉल की घोषणा करते हुए प्रसन्नता का अनुभव कर रहे हैं। इससे उन्हें अबाधित रूप से लगातार जुड़े रहने तथा रोमिंग की चिंता किए बगैर अपने प्रियजनों से घंटों बात करने की सुविधा मिलेगी।" उन्होंने कहा, "हम यह सुनिश्चित करना चाहते हैं कि हमारे ग्राहकों को ना सिर्फ आर्थिक प्रस्तावों का आनंद मिले, बल्कि हमारे साथ रहने का फायदा भी मिले।"
ऑनलाइन ग्रासरी कंपनी बिगबॉस्केट का लक्ष्य साल 2018 तक 500 करोड़ रुपये की आय हासिल करना है। इसके लिए कंपनी अगले 12 महीनों में देश भर में 50 करोड़ रुपये का निवेश करेगी। कंपनी ने बुधवार को एक बयान जारी कर कहा कि मध्यवर्ग की रसोई से लेकर पांच सितारा होटलों की पेंट्रीज तक बिगबॉस्केट ने खुद को सबके पसंदीदा ग्रॉसरी प्रार्टनर के रूप में स्थापित किया है। बिग बॉस्केट मार्च में अपने मीट, प्राइवेट लेबलों, दालों, एफ एंड बी और गोरमेट उत्पादों को होरेका (होटलों, रेस्त्रां और केटर्ज) तक पहुंचा कर बी2बी फूड सर्विस बिजनेस 100 करोड़ रुपये का लक्ष्य हासिल करने के करीब पहुंच गया है। कंपनी ने कहा कि होरेका कारोबार की शुरुआत पिछले साल जून में की गई थी और बेहतरीन होटलों, रेस्त्रां और कैटर्ज के लिए फलों और सब्जियों की आपूर्ति के लिए पहली पसंद बन कर शुरुआत में ही सफलता हासिल कर ली थी। अधिक जानकारी के लिए क्लिक करे -- http://www.ripplesadvisory.com/nifty-future-.php
NEW YORK - Oil futures turned lower on Wednesday, pulling back after eight straight sessions of gains after U.S. crude inventory data suggested that the market was still heavily supplied. Traders focused on preliminary U.S. production estimates in the weekly EIA report that suggested domestic output is still climbing.
The report also showed stockpiles at the U.S. crude hub at Cushing, Oklahoma, rose 276,000 barrels in the week. Brent crude futures were down 30 cents at $55.93 a barrel by 1:43 p.m. EDT (1743 GMT), after hitting a one-month high of $56.65. U.S. West Texas Intermediate (WTI) crude futures were down 20 cents at $53.20 a barrel, after touching the highest since March 7 at $53.76.
Both contracts had initially jumped to the highest in more than a month, the eighth straight session of gains, after Saudi Arabia was reported to be pushing fellow OPEC members and some rivals to prolong supply cuts beyond June. Recommendations on Share market and more go through our website from here link below and let us to know you more:
HOUSTON - Investors are placing bets that demand for U.S. energy pipelines, storage and processing facilities will outstrip supply in the next few years as the resurgence in shale oil and gas production increases.
With U.S. oil prices mostly above $50 a barrel for several months and a jump in drilling activity this year, new projects are moving off the drawing boards, and backers are lining up customers. There also has been a spate of deals involving existing transportation and storage networks.
The deals should ensure that production growth coming from shale basins has new outlets to market. The amount of money moving off the sidelines also is spurring valuations that potential investors say could trip up some deals. Several long-haul pipelines have been proposed in recent months to move natural gas and liquids from West Texas to the Gulf Coast, including one by private-equity-backed NAmerico Partners. Its multibillion-dollar line would ferry 1.85 billion cubic feet of gas per day from the Permian to Corpus Christi.
NEW DELHI - India will launch the Goods and Services Tax (GST) as planned on July 1 to boost economic growth and state revenues, a finance ministry official said on Wednesday, despite calls from some businesses for a delay. The central and state governments were ready to roll out the GST, said Revenue Secretary Hasmukh Adhia, adding that firms should not count on a postponement of a tax more than a decade in the making.
India's most ambitious tax reform since independence would transform its $2 trillion economy and market of 1.3 billion people into a single economic zone with common indirect taxes - something that neither the European Union nor the United States can boast. And, although the GST is designed to be revenue neutral, Adhia expects it to improve compliance by businesses as well as draw their owners into the income tax net, thus boosting overall tax revenues.
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NEW DELHI - Higher fuel costs drove up India's headline inflation to its highest level in five months in March, data showed, vindicating a central bank decision last week to keep its policy rate on hold amid concern about price pressures. Consumer prices rose by an annual 3.81 percent, their fastest pace since October 2016, compared with February's 3.65 percent, the Ministry of Statistics said on Wednesday. The rise was lower than the 3.98 percent forecast by economists in a Reuters' poll. Retail fuel inflation accelerated to 5.56 percent from 3.90 while gains in food prices slowed to 1.93 percent from 2.01 percent. Get updates in Intraday Stocks News and more click here and have your two days Free Trial >>http://www.ripplesadvisory.com/nifty-future-.php
The Indian rupee opened higher by 24 paise at 64.44 per dollar on Thursday versus previous close 64.68. Mohan Shenoi of said, "Geopolitical risks concerning North Korea and Syria have resulted in risk-off sentiment with the dollar losing ground against the yen in particular. Custodial flow has supported rupee in the past few weeks."
"We expect the USD-INR pair to trade in a range of 64.40-64.70/dollar for the day," he added. The dollar slumped broadly - falling to a five-month low against the yen, after US President Donald Trump helped accelerate its recent decline by saying the currency was too strong and that he would prefer the Federal Reserve to keep interest rates low.