Indo Count Industries announced on 7th July 2016 that its US-based unit partnered UK-based Walker Greenback PLC for three of its lifestyle brands. The announcement was made after market hours on 7 July 2016. Indo Count Industries said that Indo Count Global, Inc, US declared a new licensing partnership with Walker Greenback PLC UK for three of its lifestyle brands which are Sanderson, Harlequin and Scion. All these three brands have a
HUL share price fell 5% in 2 days after the company's first-quarter volume growth disappointed the Street. Shares of India's biggest FMCG - fast moving consumer goods company, Hindustan Unilever (HUL) fell as much as 3 percent today, taking its 2-day loss to 5 percent. HUL had announced its quarterly numbers just before the close of market hours yesterday. HUL reported a 10 percent jump in its net profit for the June quarter to Rs 1,174 cror
The home loan finance experts, Gruh Finance, noted a standalone net profit of Rs 60.18 crore for the June 30th 2016 quarter end reduced by 31.47 % qoq but raised to19.62 % yoy. The net interest income of the company is seen at Rs 126.02 crore declined by 18.92 % qoq and on the other hand increased by 18.26 % yoy. The company's provisions at Rs.12.54 crore gained by 105.5% qoq and 3.81% yoy respectively. Also, Standalone EPS for the quarter is recorded at Rs 1.65. <p
MUMBAI: Kotak Bank's market capitalisation has surpassed that of Deutsche Bank, also in the past three months, Kotak Bank share price has surged more than 13 percent, compared to 11.8 percent spurt in case of India's largest private sector lender, ICICI bank. Brexit has led to the success of Kotak Bank while it has had an adverse impact on the German bank (Deutsche Bank). As per Bloomberg, Kotak Bank's market capitalisation has grown to 21.2 billion dollars while that of Deutsche Bank has reduced to 19.76 billion dollars.
After winning the HR Vendors of the Year 2015 in Singapore, Malaysia and Hong Kong, Ramco Systems, the global HR software provider on Cloud and Mobile, won the CIOHONOUR AWARDS 2016 for Best Cloud HR and Payroll Software as voted on by Singapore's CIO community and presented during the 2016 RED CARPET HONOUR Reception event held at St. Regis Hotel, Singapore. The awards, hosted by CXOHONOUR celebrate Asian develo
Mindtree share price has around 6% to 571 on NSE, also making its new 52 weeks low, after the company reported 7% quarter-on-quarter decline in consolidated net profit at Rs 124 crores for the quarter ended June 30, 2016, Q1FY17. Mindtree share price also dipped 7% to Rs 572 on the BSE. The mid-sized IT services company had registered the pro
Reliance share price rose 14.80 points on NSE the previous day (18th July 2016). As of now Reliance share price is trading at Rs.1009.40 on NSE. Dynamic Levels identified Reliance as the Top 500 Shares at every quarter end out of the 1700 Shares listed on National Stock Exchange (NSE) From being the country's largest oil to telecom corporation, Reliance , recorded standalone net profit for the June '16 quarter end which amounts to Rs. 7,548 crore, accounting the growth of 18.51% yoy and 4.45% qoq. The standa
HUL share price is 2.41 per cent down on NSE today. Surrounded by headwinds in the share market, India's largest consumer goods major HUL - Hindustan Unilever on Monday announced a range of measures aimed at honing its focus on its core business. The company plans to divest its stake in Kimberly Clark Lever, setting up a brand new Rs.1000-cr plant in Assam and essential transformations in the management committee. Over the last few quarters, HUL has been sloughing some of its non-core busines
Essel Propack Share Price advanced 4 per cent intraday Tuesday as it declared that it has opened new modern factory in Cali, Colombia. This new facility has an annual manufacturing capacity of 180 million tubes. The facility is located in special economic zone and will efficiently cater to the growing export opportunity in the adjacent Andean markets which includes Ecuador, Peru, Bolivia, Venezuela, Chile, etc., along with servicing the strong local demand. On this occasion, the Vice Chairman and Managing Director of Essel
On Monday rating agency Moody's said that YES Bank's baseline credit assessment of Ba1 points out potential weaknesses in funding and liquidity profile. This led to the opening of Yes Bank share price with a drop of 1%. The private sector lender had maintained a sufficient loans-to-customer deposit ratio of 95% at the end of March 2016. But it has the higher dependency on corporate deposits in comparison to its peers. Moody's said in its credit opinion update that the rating
