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Gold Eases As Germany, Turkey Killings Fail To Prompt Safe-Haven Buying

Gold fell on Tuesday after deadly incidents in Germany and Turkey failed to spur safe-haven buying, with markets focused on the possibility of further U.S. interest rate hikes next year. The Russian ambassador to Turkey was shot in the back and kille...

Copper Prices Declined

LME Copper prices declined by 2.5 percent last week to close at $5496.5/t, although, favorable Chinese economic data brightened demand prospects for the metal. Upside remains limited as the US dollar is trading at its highest in 14 years after the US...

Crude Oil Tepid Ahead Of Holiday Season

Crude oil futures were trading on subdued note during afternoon trade in the domestic market on Tuesday as investors and speculators exited their positions in the energy commodity ahead of the upcoming Christmas weekend and the week running up to New...

Yellow Metal Loses Sheen On Global Cues

Gold futures fell during afternoon trade in the domestic market on Tuesday as investors and speculators exited their positions in the precious metal, despite attacks in Germany and Turkey failed to buoy safe-haven buying, also markets focused on the...

Copper Futures Keep Head Above Water

Copper futures were trading higher during afternoon trade in the domestic market on Tuesday as investors and speculators widened their positions in the industrial metal on uptick in physical demand from consuming industries at the domestic market ami...

Renovating Your House in a Budget

Whether you have been living in the same home for a long time, or you have just recently moved in, there are few things that would need an upgrade or repair as time passes. It could also be that you plain out hate a part, or a room of the house and w...
by PRO FINANCE BLOG on Dec 20, 2016

Sun Pharma Announces Voluntary Withdrawal Of 28 ANDAs

Sun Pharmaceutical Industries Ltd has informed BSE that one of the Company's wholly-owned subsidiaries has voluntarily requested the USFDA to withdraw approval for 28 Abbreviated New Drug Applications (ANDAs). These older drug products belong to erst...

HPL Electric Bags Orders Over Rs 100 Crore Stocks Shine 2%

HPL Electric & Power Ltd has received orders of over Rs 100 crore, which include Rs 70 crore for Bhopal Smart City Lighting project and Rs 33 crore for Energy Meters from Southern Power Distribution.Speaking on the occasion of receiving the forma...

8K Miles To Acquire Cornerstone Advisors Group For US$10.25mn

8K Miles Software Services Ltd. announced that the Company’s US subsidiary 8K Miles Software Services, Inc. has entered into a definitive Agreement to acquire Cornerstone Advisors Group, LLC., a leading US Healthcare Information Technology company,...

KEI Industries Signs Technical Collaboration Agreement with M/s Brugg Kabel AG, Switzerland

KEI Industries Ltd, has signed a foreign "Technical Collaboration" agreement with M/s Brugg  Kabel AG, Switzerland based 116 years old group to manufacture Extra High Voltage cables above 220kV and up to 400kV at its manufacturing plant/ facilit...

Welspun Enterprises To Consider Buyback Of Equity Shares

Welspun Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on December 22, 2016, inter alia, to consider the option to buyback the equity shares of the Company.Further, with reference to t...

Wockhardt Gains 3% As UK MHRA Says Chikalthana Unit GMP Complied

Mumbai-based pharma company Wockhardt   shares advanced more than 3 percent intraday Tuesday after the UK healthcare regulator said company's Chikalthana facility complied with good manufacturing practice norms. "UK Medicines and Healthcare prod...

Phoenix Mills Up 3%, Tto Acquire 15% Stake In Subsidiary Company

Shares of  Phoenix Mills   advanced 3.3 percent intraday Tuesday as it is going to increase its stake in the subsidiary company. The company has entered into a share purchase agreement for acquisition of 15.18 percent stake in its subsidiar...

Opto Circuits Surges 20% On Order Win Of Rs 91 Crore

Share price of  Opto Circuits India   gained as much as 20 percent intraday Tuesday on order win worth Rs 91 crore. The company and its subsidiaries have received an order worth Rs 91 crore from Philips Health Care for various products manu...

Mentha Oil On MCX Settled Up By 2.79% At 1026.8

Mentha oil on MCX settled up by 2.79% at 1026.8 amid rising demand in the domestic spot market. Further, tight stocks position on restricted supplies from producing regions of Chandausi in Uttar Pradesh, too supported mentha oil prices. Sources ment...

Soyabean On NCDEX Settled Down By -0.69% At 3026

Soyabean on NCDEX settled down by -0.69% at 3026 as pressure seen amid improving supplies in the domestic market. India's 2016-17 soybean output is expected to rise by 64.14% to 11.4 million tons on favourable weather condition, Soybean Processors As...

Turmeric On NCDEX Settled Down By -2.49% At 6820

Turmeric on NCDEX settled down by -2.49% at 6820 due to reports of increased output thanks to favourable weather and higher sowing. This year not only acreage has gone up but crop is also free from pest and disease. Pressure also seen due to good pro...

Jeera On NCDEX Settled Down By -2.67% At 16955

Jeera on NCDEX settled down by -2.67% at 16955 as pressure seen on prices due to reports of higher sowing due. However downside seen limited on expectation of good demand in the physical market as supplies have been lower. Jeera sowing in Gujarat as...

Ref Soyaoil On NCDEX Settled Down By -0.1% At 723.35

Ref Soyaoil on NCDEX settled down by -0.1% at 723.35 on profit booking after prices gained earlier tracking firmness in spot demand due to lower stockpiles. According to Solvent Extractors Association (SEA) of India, import of soy oil has dropped 36%...

Crude Palm Oil On MCX Settled Down By -0.88% At 562.5

Crude palm Oil on MCX settled down by -0.88% at 562.5 dropped on profit booking after prices rose supported by pick-up in demand at the spot market and firming trend in overseas markets. Palm oil output in world No.1 producer Indonesia is expected to...


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