Bitcoin slips below US$6,000
Bitcoin slips below US$6,000

Bitcoin slips below US$6,000

Gayathri Udyawar Article rating: 5.0

Bitcoin, the leading cryptocurrency, which had become a sought-after alternative investment in 2017, slumped below US$6,000 on Tuesday. Amidst the global stock market sell-off, Bitcoin also faced selling pressure.

Lupin posts poor bottom-line in Q3FY18
Lupin posts poor bottom-line in Q3FY18

Lupin posts poor bottom-line in Q3FY18

Rohan Takalkar Article rating: No rating

Leading pharmaceutical company Lupin posted poor performance in its latest quarterly resultsThe top-line and bottom-line declined substantially for the quarter.

AIA Engineering posts subdued Q3FY18
AIA Engineering posts subdued Q3FY18

AIA Engineering posts subdued Q3FY18

Rohan Takalkar Article rating: No rating

AIA Engineering reported subdued performance in Q3FY18 due to declining revenues and contracted margins for the quarter. The consolidated revenue for the quarter declined by 5.7 per cent yoy and rose 2.3 per cent qoq to Rs. 572 crore for Q3FY18 as compared to Rs. 608 crore in previous year corresponding quarter.

Domestic gold demand rises by 9 per cent, global demand falls
Domestic gold demand rises by 9 per cent, global demand falls

Domestic gold demand rises by 9 per cent, global demand falls

Nikita Singh Article rating: 5.0

Whilst the global demand for gold slumped by over 7 per cent to 4,071.7 tonne in 2017 against 2016, demand for gold in India increased by 9.1 per cent to 727 tonne in 2017 as compared to the previous year.

Apollo Tyres net profit skids 17 per cent yoy
Apollo Tyres net profit skids 17 per cent yoy

Apollo Tyres net profit skids 17 per cent yoy

Amir Shaikh Article rating: No rating

The PAT for the quarter came in at Rs. 245.2 crore, yoy decline of 17.1 per cent. This was due to rise in effective tax rate from 25 per cent in Q3FY17 to ~30 per cent in the quarter.

Skipper reports PAT jump of 31 per cent in Q3FY18
Skipper reports PAT jump of 31 per cent in Q3FY18

Skipper reports PAT jump of 31 per cent in Q3FY18

Nidhi Jani Article rating: 5.0

The company has secured new orders worth Rs. 525 crores in its Engineering Products segment from Power Grid Corporation of India Limited (PGCIL). It has also bagged orders from neighbouring countries including Nepal and Bangladesh.

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