seoul

 

iPhone slowdown: S Korean group files complaint against Apple CEO

Jan 19 2018

Citizens United for Consumer Sovereignty, in its complaint, accused Apple of destruction of property and fraud.

S Korea considers shutting down domestic cryptocurrency exchanges

Jan 18 2018

S Korean policymakers joined the global chorus of virtual-coin critics, saying Seoul is considering shutting down domestic virtual currency exchanges.

N.Korea urges South to work toward national reunification

Jan 14 2018

North Korea continued its public relations offensive on South Korea, calling on Seoul to work with the North in creating conditions for future national reunification.

PM Abe rejects S Korean call for new steps to help comfort women

Jan 12 2018

Abe rejected South Korea’s call for more steps to help “comfort women”, a euphemism for women forced to work in Japan’s wartime military brothels.

Pyongyang asks Seoul to abandon military drills with US

Jan 11 2018

N Korea asked the South to abandon its military manoeuvers with the US, saying that these exercises are fuelling tension on the Peninsula and increasing the risk of war.

United State welcomes Pyongyang-Seoul talks, with restraint

Jan 10 2018

The US has welcomed the first talks held by North and South Korea over the past two years as a positive sign, but "did not voice full-throated support".

South Korea University students dive into virtual currency

Dec 29 2017

Hackers have stolen millions, lawmakers are pushing for new taxes and regulations, and a leading financial official has called them a “Ponzi scheme”.

Samsung scion denies corruption charges as legal appeal nears end

Dec 27 2017

The heir to South Korea’s Samsung Grp, convicted of bribing the country’s former president, denied allegations of wrongdoing as the appeals trial of his 5year jail term.

N Korea likely to pursue talks, rosy New Year forecast: South

Dec 26 2017

S Korea predicted that N Korea would look to open negotiations with the US over its weapons programmes next year and pursue at least some rapprochement with Seoul.

Myanmar bars U.N. rights investigator before visit

Dec 21 2017

The UN independent investigator into human rights in Myanmar called for stronger international pressure to be exerted on Myanmar’s military commanders.

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Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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