Korean cola prices rose 9% year-on-year, while processed foods rose by nearly 70%. Data from the Consumer Affairs Institute of Korea's Comprehensive Information Website released on June 11 showed that processed foods such as Korean cola and instant rice were up 9% year-on-year in May.
Electric car maker Tesla has suffered continuous losses for nearly 15 years since its inception, has not yet achieved profit for a year, but its CEO Musk stated that in order to achieve them The clean energy target must be profitable. Tesla was established in July 2003 This year was 15th anniversary
Trade4target : GDP growth at 5.3% in the second quarter
Indian economy has grown at 5.3 percent in the second quarter of the fiscal year as against 5.7 percent in the first three quarters and 5.2 percent on a year-on-year basis, the Central Statistics Office data revealed on Friday. The GDP grew at 5.5 percent against 4.9 percent in the first half of the fiscal year-on-year.
Mobile traffic currently makes up 10% of global Internet traffic, as shown in the chart, and next year more people will use mobile phones than PCs to get online, according to Gartner. Purchases made on mobile devices amounted to $6.7 billion in the U.S. last year, or about 8% of total online sales, and are expected to nearly double to $11.6 billion this year. By 2015, U.S. mobile sales are forecast to reach $31 billion.
News: Share prices drop in after hour trading. Salesforce displayed continued growth in its 2017 second quarter financial results. The CRM company reported Q2 revenue of $2.04 billion, up 25% year-over-year as subscription and support revenues reached $1.89bn, an increase of 24% year-over-year. Professional services and other revenues stood at $151 million, an increase of 33% year-over-year.
The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 percent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 percent to 7852.40. About 1120 shares advanced while 1762 shares declined on the BSE. Hindalco Industries, Sesa Sterlite, Cipla, Dr Reddy's Labs, HDFC, DLF, Jindal Steel and Cairn India were top losers, falling 3-6 percent while NTPC, Gail India and Power Grid bucked the trend, up 1-1.5 percent followed by Tata Motors, Wipro and Tata Power with marginal gains.
Today Stock Tips
Kitex Garments Limited for long term buy
Cmp:338rs
Target:475rs
Return percentage:40%
Duration:9-12 months
5 year CAGR return expected:25-30%
5 year target potential range:1031rs-1254rs
Kitex Garments Ltd manufactures toddler wear for most of the international brands such as MotherCare, Toys R Us, Gerber etc and is ranked as the third largest company of such type in the world.Company also supplies to jockey.Group employees to over 8000 peeps.It is the only company in the world which uses Acutex 1 quality of input.Add up more safety features like 100% certified safe process and organic dyes using threads from the number 1 codes etc which makes it the most favorable supplier for infant clothes.The company has to its credit the Best Vendor Award from Toys R Us and Gerber for the past couple of years(among over 280 rivals).
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Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips
A brilliant young scholar and gifted entrepreneur - Azeem Ibrahim was honoured as Alumnus of the Year in recognition of his exceptional career. His achievements have attracted considerable recognition around the globe and over the last few years Azeem has met and advised a number of world leaders on a wide variety of issues.
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According to the "New York Times" report, this Friday, 21-year-old Palestinian volunteer medical staff praised. When Razan al-Najar rescued the wounded protesters in the Gaza Strip, he was killed by Israeli snipers. This week, the Gaza Strip launched its demonstration in the 10th week
According to Singapore's "Lianhe Zaobao" reported on June 8th, a report released by the US Centers for Disease Control and Prevention (CDC) on the 7th stated that the suicide rate in the United States has increased by 25% in the past 20 years. Suicide has become one of the top ten causes of death in the United States.
The Federal Electricity Authority (Fea) is conducting interviews to hire 400 Emiratis this year with a view to secure 2,000 jobs for Emiratis over the next five years.