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24 April, 2018 5:54 AM SAP Says It Is Gaining Market Share, Raises Outlook

SAP now expects total revenues this year at 24.8-25.3 billion euros ($30.28-$30.89 billion), representing growth of 5.5-7.5 percent, up from an earlier expectation of 5-7 percent growth. Non-IFRS operating profits rose 14 percent in constant currency to 1.235 billion euros, compared to the average forecast of 1.19 billion euros in a Reuters poll of 15 analysts 87

19 April, 2018 10:19 AM Strong demand recovery across the board, tweets Anand Mahindra

Group board spots five key positives. In what could be considered a significant positive outlook, Anand Mahindra, chairman of Mahindra group, has listed key takeaways on the economy from discussions at the quarterly group executive board meeting. 1. Across the board, strong demand recovery except in urban, premium real estate. The quarterly group executive 70

17 April, 2018 5:09 AM LKP Sec bullish on retail pvt sector banks & gold loan NBFCs; lists four fundamental picks for FY19

In an interview to Moneycontrol’s Sunil Shankar Matkar, Ranganathan said he continues to be optimistic on retail focussed private sector banks and gold loan NBFCs. S Ranganathan, Head of Research at LKP Securities, sees the Nifty delivering high single-digit return in FY19 amid higher volatility, uncertain global cues, geopolitical issues and rising 134

13 April, 2018 10:28 AM Indian economy is a lead-driver for trade growth globally, says global study

Called DHL Global Trade Barometer, the study has been developed jointly by DHL and Accenture. India’s trade growth remains the highest among a group of seven economies assessed by a study. The country’s economy will continue to drive growth not just in Asia but on a global scale with its rate of development proving resilient to almost any challenge 130

13 April, 2018 3:50 AM Nifty Reclaims 10,500, Infosys Rises Ahead Of Q4

The Sensex was up over 150 points while Nifty moved above 10,500 mark. Metal, pharma and banking stocks led the gains. Infosys kicks off the fourth quarter earnings season today. Its shares were up 0.50 per cent. The IT major is expected to announce earnings after market hours today. With improving economic outlook in key markets like the US and higher 69

12 April, 2018 6:36 AM ICICI, Axis troubles highlight governance issues in Indian banks: S&P

S&P has ‘BBB-’ rating with a stable outlook for both Axis Bank and ICICI Bank, The recent governance issues in India’s banking sector involving ICICI Bank and Axis Bank reiterate the need to improve risk management and maintain strong governance practices, S&P Global Ratings said on Thursday. “As a number of banks in India confront serious governance 60

10 April, 2018 5:35 PM UV demand drives car sales to a record

Two-wheelers too post historic sales Car makers sold almost 33 lakh passenger vehicles in India during April-March 2018, the highest ever in a financial year, driven by healthy demand for utility vehicles (UVs). The year also witnessed record two-wheeler sales at more than 2.01 crore units. Domestic passenger vehicle sales grew 7.89% to more than 32.87 lakh during 82

3 April, 2018 7:23 AM Microsoft Kaizala App Gets Digital Payments Support

With the aim to help the first-line workforce become more productive, Microsoft on Tuesday enabled digital payments services on its enterprise social network app Kaizala in the country. To begin with, Microsoft has integrated payment services of YES BANK and MobiKwik. Payment integration with Microsoft Kaizala will enable users to quickly send or receive 120

26 March, 2018 4:18 AM Expect to see modest increase in Brent price in 2018: David Lennox

Brent Crude continues to trade above USD 70 a barrel mark supported by Saudi talk of extending output cuts into 2019. In an interview with CNBC-TV18, David Lennox of Fat Prophets shared his views and outlook on the same. Markets are now getting a big concern that the US may apply sanctions to Iran and 3.89 million barrels of oil production that comes 61

13 March, 2018 10:05 AM Expect AC industry to grow by 12-13%; expect to outpace industry growth: Amber Ent

Amber Enterprises has declared their Q3 earnings with weak bottomline growth. In an interview with CNBC-TV18, Jasbir Singh, Chairman and CEO of Amber Enterprises spoke about the results and his outlook for the company. We have grown substantially. In air-conditioner business, normally Q3 is the leanest quarter, so we are moving in tandem with the industry 35