Gold Silver Reports (GSR) – Reliance Naval And Engineering At Record Low As Loss Widens In Q4 – Shares of the Mumbai-based Anil Ambani-led defence equipment maker fell as much as 9 percent, the most in over two months, to record low of Rs 24.50 after its loss widened in the March quarter.
3i Infotech Drops As Profit Falls In March Quarter
Gold Silver Reports (GSR) – 3i Infotech Drops As Profit Falls In March Quarter – Shares of the information technology solutions firm fell 10.2 percent, the most …
Bharti Infratel Falls As Operating Performance Dips Marginally; Market Focusing On Quality Companies In Current Rally: Ambit Capital
Gold Silver Reports (GSR) – Bharti Infratel Falls As Operating Performance Dips Marginally – Shares of the Gurugram-based telecom infrastructure company fell as much as 3.77 percent to Rs 315.65 after its operating profit saw a marginal dip in March quarter. Bharti Infratel’s operating profit or EBITDA fell 0.4 percent to Rs 1,606 crore in March quarter from Rs 1,613 crore in the previous quarter.
Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010; Sugar Producers Rise On Expectation Of Cane Subsidy
Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.
Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield; Rupee Opens Higher Against U.S. Dollar
Gold Silver Reports (GSR) – Rise In U.S. Real Rates Could Dent Flows To EMs: Priya Mishra On Rising U.S. Bond Yield, In an exclusive conversation, Priya Misra of TD Securities said continued rise in U.S. real rates could dent flows to emerging markets.
✅ Rise in real rates responsible for rising yields
✅ Rising deficit putting pressure on rates in U.S.
✅ Treasury supplies to double in 2019
✅ Rise in real rates to hurt U.S. economy
✅ Spread between U.S. and German bonds to compress
Trump Trade War Spurs India to Import More Oil, Drones From U.S.
Gold Silver Reports (GSR) – Trump Trade War Spurs India to Import More Oil, Drones From U.S. — Asia’s third-largest economy could bridge the surplus by up to $4 billion through oil imports alone, government officials said, asking not to be identified as they are not authorized to speak to the media.
Google CEO Pichai Set to Cash In $380 Million Award This Week
Gold Silver Reports (GSR) – Google CEO Pichai Set to Cash In $380 Million Award This Week – Pichai, 45, who has led Alphabet Inc.’s Google since 2015, received the shares before his promotion to senior vice president of products a year earlier, when he took over many of co-founder Larry Page’s responsibilities. The award swelled in value as Alphabet’s stock surged 90 percent since the grant date, compared with a 39 percent advance of the S&P 500. He has received two more nine-figure stock grants since then. The company has yet to disclose Pichai’s compensation for 2017.