Morning Business News Round Up_May 09,2017

Morning Business News :

  • Sebi allows investors to buy mutual funds via digital wallet
  • Rupee recovers 7 paise to 64.31 against dollar
  • Renault India aims to be among top 5 by 2020
  • 25-30% mid-term salary hikes, hefty bonuses for GST professionals ahead of tax rollout
  • Vivo signs up as title sponsor of Pro Kabbadi League
  • Union Bank of India Q4 net rises 12.5% on Rs 420-cr tax write-back
  • Textbooks publisher S Chand to make stock market debut today
  • HUDCO IPO subscribed 63% on Day 1

Image result for HUDCO IPO subscribed 63% on Day 1

  • Nifty Realty index hit 52-week high; DLF, Indiabulls, HDIL up over 5%
  • Mutual funds go shopping; hike stake in PSBs in March quarter
  • Royal Enfield may acquire Ducati, say reports but company denies move
  • India poised to overtake Japan as No.3 solar PV market in 2017
  • Crude oil futures surge to Rs. 3,009 per barrel
  • Sterlite Power to raise ₹2,650 crthrough InvIT; launch on May 17
  • Gold falls to to Rs. 28,550 despite firm global cues
  • Ambuja Cements, ACC scrips strengthen as merger talks begin
  • FSSAI wants additional tax on packaged food items, beverages
  • Eris Lifesciences gets Sebi nod for Rs2,000 crore IPO
  • Bharti Infratel Q4 profit falls 17% to Rs597 crore, misses estimates
  • Sensex, Nifty close marginally higher, realty, IT stocks jump
  • Welspun Corp Q4 net profit rises five-fold to Rs 69 crore
  • Reliance Jio case: Vodafone in HC against TRAI’s network testing consultation
  • Over 82% LPG coverage in 2017-18, 95% by 2018-19: Official
  • TVS offers compensation of Rs 57 crore to dealers for loss during BSIII vehicle ban
  • Airtel partners with Ola: From payments bank to digital wallets, here’s what’s on offer
  • China April exports, imports rise less than expected
  • Walchandnagar Inds spurts on buzz of PE investment
  • IL&FS Transportation gains after subsidiary refinances debt
  • SBI cuts home loan rates by up to 25 bps
  • Eicher Motors hits record high after good Q4 results
  • Canara Bank posts Rs214 crore Q4 profit on lower bad loan provisions