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Mozambique: Protection from cyclones

Mozambique: Protection from cyclones

Cyclone Idai flooded large areas of northern Mozambique earlier this year, washing away homes and destroying crops. But the devastation could have been even worse, had it not been for the nearby Gorongosa National Park with its intact ecosystem.
Deutsche Welle
6mins
ASX claws back, IT sector up 7% this week: Aus shares close 0.3% higher Friday, 1.8% up on week

ASX claws back, IT sector up 7% this week: Aus shares close 0.3% higher Friday, 1.8% up on week

23 Aug 2019 - Aussie market gains 1.8% on week as Info Tech sector rises 7%, Energy gains 5.5%. Sims Metal Management Limited (ASX:SGM) shares hit 4-week high on FY19 revenue rising. Mayne Pharma (ASX:MYX) shares hit 6-week high on gross profit up...
Finance News Network
5mins
Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% this morning after reporting today showing a full-year net loss of $...
Finance News Network
3mins
Bravura Solutions see NPAT rise up 21%

Bravura Solutions see NPAT rise up 21%

23 Aug 2019 - Bravura Solutions (ASX:BVS) today announced its full-year results for the period ended 30 June 2019, showing group FY19 NPAT increased 21 per cent to $32.8 million from $27.0 million in FY18.
Finance News Network
1min
Brickworks continues US expansion

Brickworks continues US expansion

23 Aug 2019 - Brick manufacturer Brickworks (ASX:BKW) is continuing its expansion into the US by purchasing of Iowa-based Sioux City Brick for $47 million.
Finance News Network
1min
Mayne Pharma report net loss of $280m

Mayne Pharma report net loss of $280m

23 Aug 2019 - Pharmaceutical company Mayne Pharma (ASX:MYX) reported a full-year net loss of $280.8 million down 110 per cent on last year's $133.9 million loss impacted by intangible asset impairments.
Finance News Network
1min
The Goodman Group report operating profit up 11.4%

The Goodman Group report operating profit up 11.4%

23 Aug 2019 - Property group the Goodman Group (ASX:GMG) today announced its results for the full year ended 30 June 2019 showing operating profit up 11.4 per cent on last year to $942 million.
Finance News Network
1min
Catapult Group International (ASX:CAT) FY19 results & outlook

Catapult Group International (ASX:CAT) FY19 results & outlook

23 Aug 2019 - Catapult Group International Limited (ASX:CAT) Executive Chairman Dr Adir Shiffman discusses the company's FY19 results, growth drivers and outlook.
Finance News Network
6mins
Aus Tin Mining (ASX:ANW) Granville Project update

Aus Tin Mining (ASX:ANW) Granville Project update

23 Aug 2019 - Aus Tin Mining Limited (ASX:ANW) CEO, Peter Williams discusses the commissioning of a crusher at Granville, what’s planned for the rest of the year and the outlook for tin prices.
Finance News Network
4mins
Boral agrees to sell Midland Brick

Boral agrees to sell Midland Brick

23 Aug 2019 - Boral (ASX:BLD) has entered into an agreement with a Western Australian consortium to sell its Midland Brick business.
Finance News Network
1min
Alumina see profit cut by 26%

Alumina see profit cut by 26%

23 Aug 2019 - Alumina (ASX:AWC) today reported a statutory net profit after tax of US$210.9 million for the half-year to 30 June 2019 that's 26 per cent down the results on the prior corresponding period of $286.4 million.
Finance News Network
1min
Wesfarmers drop Lynas bid: ASX poised to open lower

Wesfarmers drop Lynas bid: ASX poised to open lower

23 Aug 2019 - Australian shares are poised to edge lower at the open following mixed leads from Wall Street. Tech stocks saw a slide offsetting a rally in financials. Investors are still anxiously awaiting signals from the Federal Reserve as to wh...
Finance News Network
3mins
Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

22 Aug 2019 - The ASX closed 0.3% higher. A number of stocks lifted the market, the Vocus Group (ASX:VOC) is trading over 10% and Flight Centre has risen 10% after reporting earlier showing their NPAT landed within guidance. Meanwhile, Webjet (ASX...
Finance News Network
4mins
Lithium Power International (ASX:LPI) lithium brine & hard rock developer

Lithium Power International (ASX:LPI) lithium brine & hard rock developer

22 Aug 2019 - Lithium Power International (ASX:LPI) CEO & MD, Cristobal Garcia-Huidobro talks about progress with its Environmental Impact Assessment for its Maricunga lithium brine project in Northern Chile and its hard rock lithium projects in WA.
Finance News Network
6mins
Zip Co see customer boost: ASX 0.27% higher at noon

Zip Co see customer boost: ASX 0.27% higher at noon

22 Aug 2019 - The ASX shot up at the open, managed to maintain momentum and is now currently 0.2% higher at noon. The Flight Centre Travel Group (ASX:FLT) have seen a rise in their shares today after reporting their NPAT up 0.1 per cent within gui...
Finance News Network
3mins
Monash IVF Group set to lose 5 fertility specialists

Monash IVF Group set to lose 5 fertility specialists

22 Aug 2019 - Monash IVF Group (ASX:MVF) has been notified that five Victorian based fertility specialists who currently refer patients for IVF treatment will stop using services from Monash IVF from September 2019.
Finance News Network
1min
The Flight Centre Travel Group see 0.1% rise in NPAT in a subdued cycle

The Flight Centre Travel Group see 0.1% rise in NPAT in a subdued cycle

22 Aug 2019 - The Flight Centre Travel Group (ASX:FLT) report net profit after tax attributable to owners of the company up 0.1 per cent to $263.8 million compared with $263.6 million in the previous financial year and say it's due to a subdued tr...
Finance News Network
1min
Coles FY profit down 9.1% to $1.43 billion

Coles FY profit down 9.1% to $1.43 billion

22 Aug 2019 - Coles (ASX:COL) full-year net profit for the period dropped 9.1 per cent to $1.43 billion.
Finance News Network
1min
Coca-cola Amatil declares special dividend

Coca-cola Amatil declares special dividend

22 Aug 2019 - Coca-cola Amatil (ASX:CCL) report statutory net profit after tax (NPAT) of $168.0 million for the half year, up 6.3 per cent on the prior corresponding period.
Finance News Network
1min
Santos first half profit jumps 89%

Santos first half profit jumps 89%

22 Aug 2019 - Santos (ASX:STO) reports underlying profit of US$411 million that's up 89 per cent on last year's result of $217 million.
Finance News Network
1min
Qantas profit falls 17% on fuel costs and foreign currency exchange

Qantas profit falls 17% on fuel costs and foreign currency exchange

22 Aug 2019 - Qantas (ASX:QAN) report underlying profit before tax at $1.30 billion for the year that's down 17 per cent on the prior corresponding period.
Finance News Network
1min
Wall St and Europe gain overnight: ASX set to open higher

Wall St and Europe gain overnight: ASX set to open higher

22 Aug 2019 - The ASX is set to rise at the open, after positive leads from US markets overnight. Bonds dropped after the minutes from the latest meeting of Federal policymakers showed that they discussed cutting interest rates more aggressively. ...
Finance News Network
3mins
Trump offers to mediate again on Kashmir

Trump offers to mediate again on Kashmir

US President Donald Trump today made an offer again to mediate on Kashmir. He further said he is looking forward to his meeting with PM Narendra Modi this weekend on the sidelines of G7 Summit in France where the issue may surface yet again. And, ...
BTVI
29mins
M&M Finance enters into JV with Ideal Motors Group

M&M Finance enters into JV with Ideal Motors Group

Mahindra and Mahindra Financial Services yesterday signed a joint venture with Ideal Finance, a subsidiary of Sri Lankan conglomerate Ideal Group and it will acquire 58 per cent stake in Ideal Finance. V Ravi, Executive Director & Chief Financial ...
BTVI
5mins
Chidambaram Makes Dramatic Appearance At Party HQ

Chidambaram Makes Dramatic Appearance At Party HQ

Senior Congress leader and former Finance Minister P Chidambaram, who has been eluding CBI and ED, today evening dramatically surfaced at the Congress headquarters, hours after his petition challenging the Delhi High Court rejection of anticipator...
BTVI
6mins
Bullish on pharma and IT stocks at current levels: Raghavendra Kedia

Bullish on pharma and IT stocks at current levels: Raghavendra Kedia

Stock market expert Raghavendra says at a time when stocks are at significantly corrected levels, he prefers waiting for some more time before investing in auto stocks, considers Eicher Motors and Maruti highly priced currently, says he does not r...
BTVI
24mins
‘Bullish on pharma and IT stocks at current levels’

‘Bullish on pharma and IT stocks at current levels’

Stock market expert Raghavendra says at a time when stocks are at significantly corrected levels, he prefers waiting for some more time before investing in auto stocks, considers Eicher Motors and Maruti highly priced currently, says he does not r...
BTVI
24mins
Sebi's overhaul of FPI regulations

Sebi's overhaul of FPI regulations

Securities and Exchanges Board of India in its board meet today eased the rules for foreign portfolio investors doing away with the broad-based eligibility criteria for FPIs. Central banks of other countries are now also eligible to be FPIs. SEBI ...
BTVI
1min
Parle may lay off 10,000 workers as sales drop

Parle may lay off 10,000 workers as sales drop

Leading biscuit company Parle Products might lay off up to 10,000 employees owing to slow economic growth and drop in consumption demand in the rural areas. Chetan Bhtani gives more details.
BTVI
2mins
IL&FS case probe: Cousin Uddhav supports Raj Thackeray

IL&FS case probe: Cousin Uddhav supports Raj Thackeray

Ahead of his scheduled appearance before the Enforcement Directorate in connection with IL&FS probe, Raj Thackeray has found support from his cousin and Shiv Sena president Uddhav Thackeray who when asked the ED's notice to the the MNS chief, sai...
BTVI
19secs
Trump offers to mediate again on Kashmir

Trump offers to mediate again on Kashmir

US President Donald Trump has once again offered to mediate between India and Pakistan on the Kashmir issue, saying it’s a “very complicated place”.
BTVI
4mins
Look out notice for Chidambaram

Look out notice for Chidambaram

The Enforcement Directorate has issued a look out circular against former FM P Chidambaram in connection with the INX Media case. Officials said Chidambaram's whereabouts are not known at present and he is required by them to take the probe forwar...
BTVI
6mins
Sebi's overhaul of FPI regulations

Sebi's overhaul of FPI regulations

Securities and Exchanges Board of India in its board meet today eased the rules for foreign portfolio investors doing away with the broad-based eligibility criteria for FPIs. Central banks of other countries are now also eligible to be FPIs. SEBI ...
BTVI
28mins
Sebi eases rules for FPIs

Sebi eases rules for FPIs

Market regulator Sebi on Wednesday eased the rules for foreign portfolio investors (FPI) doing away with the broad-based eligibility criteria for FPIs and announced that the registration for the multiple investment manager structure would be simpl...
BTVI
18mins
NLCAT to next hear Jet case on September 4

NLCAT to next hear Jet case on September 4

The National Company Law Appellate Tribunal (NCLAT) today asked lenders of Jet Airways whether they would cooperate with the offshore administrator who is also pursuing insolvency proceedings against the debt-ridden carrier. The appellate tribunal...
BTVI
1min
Hopeful of up-turn in sales in festive season: Shashank Srivastava, Maruti Suzuki India

Hopeful of up-turn in sales in festive season: Shashank Srivastava, Maruti Suzuki India

Maruti Suzuki today launched the new multi-purpose vehicle XL6 in New Delhi. Speaking to BTVI at the launch event, Shashank Srivastava, Executive Director - Sales & Marketing, Maruti Suzuki India, said the company is hopeful of an upturn in sales ...
BTVI
5mins
Learn When To Enter & Exit Mutual Funds With Expert's Help

Learn When To Enter & Exit Mutual Funds With Expert's Help

On this episode of 'MF Guide', Dinesh Rohira, Founder & CEO, 5Nance.com, answers viewers’ queries and helps them choose the right mutual fund to meet their respective objectives. He also talks about the importance of long-term investments and give...
BTVI
18mins
Hopeful of up-turn in sales in festive season: Maruti Suzuki

Hopeful of up-turn in sales in festive season: Maruti Suzuki

Maruti Suzuki today launched the six seater XL 6 today in the national capital. Speaking to BTVI, Shashank Srivastava, Executive Director - Sales & Marketing, Maruti Suzuki India, said he is hopeful of a upturn in sales with the onset of the fest...
BTVI
5mins
No Interim Protection for ex-FM P Chidambaram yet

No Interim Protection for ex-FM P Chidambaram yet

There seems to be no respite in sight for senior Congress leader and former Finance Minister P Chidambar in the INX Media case. Earlier in the day, the Supreme Court refused to take up the special leave petition filed by Chidambaram’s legal team, ...
BTVI
2mins
Enter & Exit Mutual Fund Investments With Expert's Help

Enter & Exit Mutual Fund Investments With Expert's Help

On this episode of 'MF Guide', Dinesh Rohira, Founder & CEO, 5Nance.com, answers viewers’ queries and helps them choose the right mutual fund to meet their respective objectives. He also talks about the importance of long-term investments and give...
BTVI
18mins
We Are Currently In A Weak Investment Cycle: Vinod Karki, ICICI Securities

We Are Currently In A Weak Investment Cycle: Vinod Karki, ICICI Securities

Vinod Karki, ICICI Securities, talks about sharp corrections seen in the market post budget, finds that mid and smallcaps have been underperforming, and largecaps also on the downside of late due to FII outflows. The expert also attributes the cor...
BTVI
25mins
Call BTVI: Stock Trading Simplified With Experts' Help

Call BTVI: Stock Trading Simplified With Experts' Help

On this episode of ‘Call BTVI’, experts Saurabh Jain, Assistant Vice President - Research (Retail Equities) at SMC Global Securities and Hemen Kapadia, Research, KR Choksey SSPL, answer viewers’ stock-specific queries. They advise viewers on how t...
BTVI
24mins
US futures suggest a rise, WTC biggest gain in yr, CMA all time high: ASX200 down 0.9%

US futures suggest a rise, WTC biggest gain in yr, CMA all time high: ASX200 down 0.9%

21 Aug 2019 - Aus shares claw back from some earlier losses. WiseTech (ASX:WTC) shares biggest gain in year on profit up 33%, revenue up 57%. Centuria Capital Group (ASX:CNI) shares 10 year-high, Centuria Metropolitan REIT (ASX:CMA) all-time high....
Finance News Network
6mins
Sharad Mishra Charts His Top Bets

Sharad Mishra Charts His Top Bets

Sharad Mishra, Partner at Sharad Mishra & Associates, shares his views on the day’s market trends and suggests strategies to trade Nifty and Bank Nifty. He also gives stock-specific recommendations.
BTVI
13mins
Ujjivan Aims At Small Finance Bank IPO By December

Ujjivan Aims At Small Finance Bank IPO By December

Ujjivan Small Finance Bank, a unit of non-bank lender Ujjivan Financial Services, has filed a draft prospectus with market regulator Sebi to float a Rs 1,200-crore initial public offering (IPO). Speaking with BTVI, Ittira Davis, MD & CEO at Ujjiva...
BTVI
5mins
Power Discoms' Structural Issues Big Hurdle For UDAY 2.0 Success: S&P Global

Power Discoms' Structural Issues Big Hurdle For UDAY 2.0 Success: S&P Global

Even as power sector woes continue, S&P Global Ratings has sounded an alarm saying the government's latest measure of the Ujjwal Discom Assurance Yojna (UDAY) 2.0 would not fix the problems. Speaking with BTVI, Abhishek Dangra, Senior Director at ...
BTVI
13mins
Anatomy Of Auto Sector Slowdown

Anatomy Of Auto Sector Slowdown

The auto sector is the most visible face of the current economic slowdown due to the combination of various supply shocks like regulatory, tax, credit squeeze and weaker exports. Weaker consumer confidence and demand have also contributed to the s...
BTVI
9mins
Gold To Rally To Rs 38,500-39,000 In Short To Medium-Term: Dharmesh Bhatia

Gold To Rally To Rs 38,500-39,000 In Short To Medium-Term: Dharmesh Bhatia

Gold prices have surge to $1,500 per troy ounce after six years. Its price in India is also at an all-time high, with October Gold Future crossing Rs 38,000 per 10 gm at MCX. Dharmesh Bhatia, Senior Manager Forex & Commodities Strategy at Emirates...
BTVI
6mins