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News Live: Jim Rogers says next bear market will be worst in his life

2018-02-09 moneycontrol
Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through, reports Bloomberg. The  veteran investor says that’s because even more debt has accumulated in the global economy since the financial crisis, especially in the US. While Rogers isn’t saying that stocks are poised to enter bear territory now - or making any claim to know when they will - he says he’s not surprised that US equities resumed their sell-off on Thursday and he expects the rout to continue. (44-0)

News Live: Singh brothers said to have taken $78m out of Fortis Healthcare

2018-02-09 moneycontrol
WhatsApp has begun testing a new payments feature in India that will allow people to send money to other WhatsApp users, excluding merchant accounts, reports Techcrunch.com. The feature is currently in beta, according to sources familiar with the company’s plans, but hasn’t been publicly announced because it’s not widely available at this time. (43-0)

News Live: WhatsApp to test user-to-user pay in India

2018-02-09 moneycontrol
WhatsApp has begun testing a new payments feature in India that will allow people to send money to other WhatsApp users, excluding merchant accounts, reports Techcrunch.com. The feature is currently in beta, according to sources familiar with the company’s plans, but hasn’t been publicly announced because it’s not widely available at this time. (43-0)

News Live: US officially shuts down as Congress fails to pass spending bill in time

2018-02-09 moneycontrol
US government funding lapsed Friday as Congress' efforts to pass a spending bill fizzled out in the Senate for the second time in less than a month, reports CNBC. Despite bipartisan support for a massive budget agreement, Congress failed to approve a funding plan before the midnight Thursday deadline. It is just the latest example of gridlock on Capitol Hill during the current GOP-controlled Congress. (9-0)

News Live: China plans sea-based anti-missile shields for Indian Ocean

2018-02-09 moneycontrol
China is developing a sea-based anti-missile systems and plans to deploy them in the Asia-Pacific and Indian Ocean, military experts told the South China Morning Post. Testing of the anti-ballistic missile system that could shield China from a ballistic missile attack is part of efforts to catch up with the top nuclear nations with anti-missile technology, the United States and Russia. China previously carried out tests of the system in 2010 and 2013. (2-0)

Note ban impact behind us, on track to 12% growth: Muthoot Finance MD

2018-02-09 business-standard
Muthoot Finance, one of the major gold loan non-banking finance companies (NBFCs) in the country, has announced a 59 per cent growth in net profit for the quarter ended December 31, 2017, at Rs 4.64 billion (Rs 464 crore), compared to Rs 2.91 billion (Rs 291 crore) during the same period in the previous financial year. The total income stood at Rs 15.67 billion (Rs 1,567 crore) compared to Rs 13.46 billion (Rs 1,346 crore) during the same period a year ago.

News Live: SBI board meet today to consider raising Rs 8,800cr via pref issue

2018-02-09 moneycontrol
Country's largest lender State Bank of India said its board will meet later this week to consider a proposal to raise Rs 8,800 crore from the government. The bank said its board will also consider implementation of reforms agenda for responsive and responsible public sectors banks (PSBs) of the government. (2-0)

Muthoot Finance Q3 net profit jumps 59% to Rs 464 cr

2018-02-08 moneycontrol
Muthoot Finance today reported 59 per cent jump in its consolidated net profit to Rs 464 crore for the third quarter ended December 31, the highest ever quarterly gains on increased demand for loans.

Muthoot Finance Limited - Updates

2018-02-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Sensex hits triple century after 7-day losses; midcaps outshine, all sectoral indices up

2018-02-08 moneycontrol
Bulls were back in action on Thursday as the market snapped seven-day losing streak, with the benchmark indices clocking 1 percent gain and all sectoral indices ending in the green. Positive Asian cues and Brent crude futures trading at one-month low around USD 65 a barrel against USD 71 a barrel in January 2018 also boosted market sentiment. (9-0)

West Coast Paper Mills, Muthoot Finance, Page Industries up 7-11% on strong Q3 nos

2018-02-08 moneycontrol
Shares of West Coast Paper Mills, Muthoot Finance and Page Industries 7-11 percent intraday Thursday on robust Q3 (Oct-Dec) numbers.

Closing Bell: Sensex gains 330 pts, Nifty fails to hold 10,600; pharma, cement stocks rally

2018-02-08 moneycontrol
The 30-share BSE Sensex was up 330.45 points or 0.97 percent at 34,413.16, and the 50-share NSE Nifty gained 100.20 points or 0.96 percent at 10,576.90. (16-0)

Muthoot Finance Limited - Dividend

2018-02-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Muthoot Finance Limited - Investor Presentation

2018-02-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Muthoot Finance Limited - Financial Result Updates

2018-02-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.