The week ahead in business and finance

http://www.telegraph.co.uk/business/2016/07/17/the-week-ahead-in-business-and-finance/
The owner of Bargain Booze and Wine Rack Conviviality will unveil its preliminary results today after a “transformational” year.

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Corporate Events - Business News This Week

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Mahindra Two Wheelers Sells 19,069 Units in Sep 2015

Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.9 billion Mahindra Group, today announced its sales numbers, which stood at 19,069 units for September 2015. The company’s exports for September 2015 were 1,895 units registering a growth of 100% over September 2014, while domestic sales during September 2015 were 17,174 units.

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This Week: Corporate Social Responsibility News Aug 12-19

The following releases focus on Corporate Social Responsibility and moved during the week of August 12, 2015 – August 19, 2015.

TACOMA, Wash. -- Give an Hour Receives $1.6 Million from United Health Foundation to Support Mental Health Care for Military Service Members Source: United Health Foundation

HOUSTON -- NAPE Partners Donate $100,000 to IPAA Educational Foundation Source: NAPE

APOPKA, Fla. -- Sam’s Club Set to Open in Apopka Thursday Source: Sam’s Club

MEMPHIS, Tenn. -- Axalta Coating Systems and Ducks Unlimited paint a bright future for wetlands Source: Axalta Coating Systems and Ducks Unlimited, Inc.

NEW YORK -- American Express Announces Grant to the Student Conservation Association to Help Preserve More Than 200,000 Acres of Parkland as Part of the Find Your Park Movement Source: American Express

BOULDER, Colo. -- Aurora Organic Dairy Publishes 2015 Corporate Citizenship Report, Progress Made toward Baseline Year Goals Source: Aurora Organic Dairy

DENVER & MONTREAL -- Molson Coors Releases ‘Our Beer Print’ Corporate Responsibility Report Source: Molson Coors Brewing Company

CHICAGO -- 100,000 Opportunities Initiative Launches in Chicago with More than 4,000 Participants and 600 Immediate Job Offers to Young People Source: Schultz Family Foundation

AUSTIN, Minn. -- Hormel Foods Awards First International Winner for Its Environmental Sustainability Best of the Best Award Source: Hormel Foods Corporation

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Major National News Stories This Week

Court awards frist Sentence in Vyapam Scam

A court in Madhya Pradesh awarded five years jail term to two accused invovled in Vyapam Scam. They were convicted in Pre-Medical test racket in 2014. This is the ever first punishment in the scam.

President Pranab Mukherjee comples Three Years at Office

President of India, Pranab Mukherjee completed three years in office. To mark the occasion, president inaugurated a new AYUSH Wellness Clinic and restored clock tower in Rashtrapati Bawan.

Sushma Swaraj says never recommended Travel Docs for Lalit Modi

External Affairs Minister Sushma Swaraj tweeted that she never recommended travel documents for Ex-IPL Chief Lalit Modi. Congress accused her of misuising her position and demanded resignation.

Special Packaagefor Bihar, BJP kicks off campaing for Assembly Polls

Prime Minister visited Bihar and kicked off BJP’s poll campaign. And, he also dedicated various projects during his visit to Bihar.

16th Kargil Anniversay observed

Indian Army Chief, General Dalbir Singh said that Indian army would not allow to repeat of the 1999 Kargil conflict with Pakistan. Paid tribute to the brave soilders those sacrificed their life in the war for the nation.

PM Modi launches Deendayal Upadhyaya Gram Jyoti Yojana

The Prime Minister, Shri Narendra Modi, today launched various development projects at Patna. He launched the Deendayal Upadhyay Gram Jyoti Yojana; inaugurated the Daniawan-Bihar Sharif new railway line; flagged off the Rajgir-Bihar Sharif-Daniawan-Fatuha passenger train and Patna-Mumbai AC Suvidha Express; dedicated to the nation the permanent IIT Campus at Patna.

Union Agriculture Minister says Love Affairs, Impotency behind Farmer Suicides

Union Agriculture Miniser Radha Mohan Singh said that dowry, love affairs and impotency were among the reasons for the deaths of over 1,400 farmers in India this year. BJP said that the farmers suicide reduced last one year under the NDA govoernemnt.

Install CCTVs at all Prisons: Supreme Court

In a significant move, the Supreme Court directed central governemnt and state governments to install CCTVs in all jails across India.

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Markets This Week – Sensex loses 1.51% and Nifty down 1.99%

Profit booking coupled with lower than expected corporate earnings pulled down the Indian stock Markets. International events like war in Yemen and mounting concerns regarding Greece debt also dented market sentiments this week.

This Week ended on 19 April, the BSE 30-Share barometer resumed higher at 28,955.13 points from the weekend’s close of 28,879.39 points and moved in a range of 29,094.61 points and 28,403.76 points before ending at 28,442.10 points, logging a loss of 437.28 points or 1.51 percent. In the previous week, it had shot up by 1,402.74 points or 5.17 per cent.

The NSE Nifty also moved widely between a high of 8,844.80 points and low of 8,596.70 points before settling the week at 8,606 points, exhibiting steep loss of 173.35 points or 1.99 per cent.

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This Week BSE Sensex gain 2.91%; Nifty rises 2.26 %

Equity market in India gained significantly snapping previous week’s loss this week ended April 10.BSE Sensex gained 619 points or 2.19 per cent and NSE Nifty rose 194.1 points or 2.26 per cent this week. On Friday, BSE Sensex opened at 28,889.27 points and ended at 28,879.38 points, down 5.83 points or 0.02 per cent.

The stock markets rallied following positive sentiments – Moody’s view on Indian Economy, RBI’s observation on the growth rate and the growth in the IIP for the month of February. The agencies view on Indian economy lifted the sentiments of the investors those witnessed choppy market trading last week. The industrial output data for the month of February rose by 5 per cent, which could be main tool to gauge the health of economy. Keeping view on the growth in industrial output, the market became more bullying this week. 

Experts believe that the stock markets will be bullying next week.

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This Week BSE Sensex gains 2.96 %; Nifty 2.94 %

The BSE Sensex opened higher at 27,655.79 points and hovered in a wide range of28,298.34 points and 27,624.76 points before concluding at 28,260.14 points . This week, the Sensex recovered 801.50 points, or 2.92 per cent. In last three weeks, it shed 1,990.31 points or 6.76 per cent. 

The NSE Nifty, 50-share, also rose by 244.85 points, or 2.94 per cent this week, to close at 8,586.25 points. In last three weeks, it dropped by 596.35 points, or 6.67 per cent. Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth Rs.487.73 crore, according to SEBI data .

It was speculated that this week the stock markets in India would be in choppy and more volatile. But, thanks to the positive global cues and fall in the global crude prices, those lifted the market sentiments this week. Fresh buying in the equity market seen throughout the week and major indices were ended in positive note.

The total turnover at Bombay Stock Exchange and National Stock Exchange dropped further to Rs 8,235.174 crore and Rs 47,640.57 crore, respectively. The stock markets were remained closed on April 2 and 3 for Mahavir Jayanti and Good Friday this week.

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This Week BSE Sensex falls 2.84% and Nifty @2.68%

This week (Mar 23 to 29, 2015) BSE Sensex lost 2.84 per cent, or 802.44 points and Nifty lost 2.68 per cent, or 229.50 points. Experts do believe that next week would be choppy following two holidays and speculation over weak global cues.

The benchmark S&P BSE 30-share barometer – BSE Sensex - initially touched a high of 28,455.32, but nuervous selling by operator and retail investors throughout the week on lack of any major trigger from overseas markets amid Middle-East worries pulled it down to a low of 27,248.45 before ending the week at 27,458.64, showing a steep fall of 802.44 points or 2.84 per cent.

In straight three weeks, BSE Sensex crashed by 1,990.31 points or 6.76 per cent. The broad-based 50-issue CNX Nifty of the NSE also closed a massive 229.50 points, or 2.68 percent , down to ten-week low of 8,341.40. Selling was so strong that all 12 sector indices suffered huge loss, closed in red. The BSE-Midcap also dropped by 2.50 per cent. Next week, the market may see choppy trade due to shortened week. The stock markets would remain closed on April 2 and 3, 2015 on account of Mahavir Jayanti and Good Friday.

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