Undeterred by the initiation of impeachment proceedings against him, Donald Trump has warned Americans that the country will head towards unprecedented "depression" if he is not re-elected in the 2020 US presidential elections.Addressing a Republican Party rally in Louisiana on Wednesday, Trump told thousands of his supporters that he is winning again."We are winning. We are winning like never before. The best is yet to come," Trump told his supporters at the rally ahead of the election of the Louisiana governor, a day after his Republican Party received a drubbing in several state and local elections.Close Trump asserted that America's economy under his presidency is booming. He warned that the country will be headed towards depression if he is not re-elected in the 2020 polls. "You will have a depression the likes of which you have never seen before," he warned. related news Uber CEO Dara Khosrowshahi says he was wrong to call Khashoggi killing a 'mistake' Hong Kong on … [Read more...] about Undeterred by impeachment proceedings, Donald Trump says he is winning
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Shares of IDBI Bank jumped almost 5 percent in morning trade on BSE on November 11 after the company the reported a year-on-year (YoY) fall in its losses.The company narrowed its losses to Rs 3,458.8 crore in the quarter ended September 2019 from Rs 3,602.5 crore in the same period in 2018.The net interest income during the quarter grew by 25.4 percent YoY to Rs 1,631.4 crore, but the loan book degrew 16 percent while deposits were down by 1.86 percent YoY.Close Provisions and contingencies were down by 10.9 percent QoQ to Rs 5,641.32 crore in Q2FY20 and the same declined 14.3 percent YoY. related news Bombay Dyeing Q2 net down 72.5% at Rs 89.19cr Hindustan Copper board to consider raising borrowing limit Tata Motors share price gains as JLR reports double-digit growth in China sales Meanwhile, the bank said its board on November 8 had approved the proposal for sale of the entire stake in IDBI Asset Management (IAML) and IDBI Mutual Fund Trustee Company (IMTL).Shares of … [Read more...] about IDBI Bank share price jumps 5% as the firm reports YoY fall in losses
advertisement advertisement The year 2012 is not only the Year of the Dragon, it also marks 30 years since In Search of Excellence was published. While there have been voices over the years which have been critical of the book’s methodology, its resulting content, and even its writing style, the case can be made that it is the most influential management book not only in these last 30 years but perhaps–just perhaps–ever. Hyperbole? Consider: It created a new genre of “best seller” business books, works that were not only informative but interesting and highly readable for Everyman. With a few exceptions, such as McGregor, Chandler, Sloan, maybe Drucker, many (most?) prior books on management/leadership were arcane tomes written by academics for academics and practitioners and were rarely found on any popular “best seller” list. Now “business” is considered a book category in itself thanks in no small part to … [Read more...] about The Most Influential Business Book Of The Last 30 Years?
Leading non-banking finance company Sundaram Finance on November 11 said it has registered net profits at Rs 269 crore for the quarter ending September 30, 2019.The city-based company had recorded net profits at Rs 154 crore during the corresponding quarter the previous year. The net profit includes an one-time income of Rs 53 crore and the benefit of lower corporate taxes, a company statement said here.Income from operations for the quarter ending September 30, 2019, grew to Rs 994 crore from Rs 817 crore registered a year ago period. The assets under management as on September 30, 2019 was at Rs 30,256 crore as against Rs 27,228 crore registered same period the last fiscal.Close Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & … [Read more...] about Sundaram Finance posts Rs 269 cr net profit in July-Sept