Month: April 2018

• YES Bank Q4 profit jumps 29% YoY to Rs 1,179 cr
• Axis Bank posts first-ever quarterly loss at Rs 2,188 crore
• Mobile-Aadhaar linking: Telcos say obeyed DoT orders
• Biocon posts marginal 2% growth in net for Q4FY18
• CBI books ex-Aircel promoter’s firms in Rs 600 cr fraud
• Infosys may hire more than 2000 at Indiana hub: Report
• Downtrend in raw jute output takes sheen off MSP hike
• Essar Steel: Numetal moves NCLAT ahead of bankers’ meet on Friday
• Lodha Developers to soon file papers with Sebi for IPO, to raise Rs 55 bn
• Reliance Jio to hire about 80,000 people during this financial year
• India to grow 7.2% this fisc, rising oil prices challenge: Deloitte
• China-India trade volume grows 15% in Q1
• Cotton body sees a stable situation on higher stocks
• Govt considering national policy for retail trade
• Abbott withdraws one more stent from Indian market
• UltraTech Cement net a tad down in March quarter
• With 2.2 billion active users, Facebook Q1 profit rises 63%
• Reliance Capital Q4 net profit up 36% at Rs428 crore
• SBI Life Q4 profit up 13% to Rs381 crore
• Dish TV’s Rs3,701 crore open offer to start on 5 June
• Property prices drop by 7% in 9 cities in January-March: report
• IMF estimates higher crude oil prices may not have any significant impact on India’s GDP
• Government to soon acquire RBI?s stake in National Housing Bank
• ITC ties up with NITI to train 2 lakh farmers to increase income
• Need for serious negotiations on US-India free trade agreement, say experts
• Amazon India to expand storage capacity by 1.5 times this year
• Mobile manufacturing to touch Rs 132,000 cr, says Ravi Shankar Prasad
• Sensex zooms 212 pts, Nifty tops 10,600
• MTNL wants govt to reimburse Rs 2,800cr interest on spectrum loan
• Gems & jewellery exports fall 5% in FY18
• Direct selling industry reports 24% sales rise
• Govt non-committal on cutting fuel prices

• Nasdaq open to cryptocurrency exchange in future
• Manipal again sweetens offer for Fortis Healthcare
• HDFC Bank hikes FD rates for amount under Rs 1 cr
• Troubled telecom client drags Wipro’s Q4 profit down
• Internet shutdown cost Indian economy $3 bn: Study
• PNB to hire detective agencies to recover bad loans
• Rupee crashes 52 paise to 14-mth low against dollar
• Patanjali denies making Rs 9k-crore bid for Ruchi Soya
• Bank credit grows 12% to Rs 85 trillion in fortnight ended April 13: RBI
• Insolvency row: NCLT stays Union Bank’s plea against debt-ridden Era Infra
• Bitcoin to continue facing regulatory hurdle amid crypto crackdown: Moody’s
• 20 million e-way bills generated for movement of goods in 24 days: GSTN
• Govt hikes raw jute MSP by Rs 200 to Rs 3,700/quintal for 2018-19
• Sebi lifts market ban on 34 entities in Dhyana Finstock case
• Indus Towers to merge with Bharti Infratel to create world’s largest tower co
• India’s average GDP growth may rise to 7.8% in H1: Nomura
• Bank credit grows at 11.52%, deposits at 7.96%
• CBI charge-sheets Mercator’s Mittal, four DCI officials
• Videocon approaches NCLT to list all insolvency cases together
• Zydus Cadila gets USFDA nod to market 2 drugs
• India issues fresh notices to Facebook, Cambridge Analytica over Indians’ data misuse
• ICICI Prudential Life gives more bang for the buck
• India shows jobs growth as 3.11 million join EPF in six months
• IDFC Bank to raise up to Rs5,000 crore via bonds
• Tata Power Renew may invest Rs6,100 crore in Andhra, Karnataka solar power projects
• Jindal Stainless Q4 profit drops 29% to Rs114.74 crore
• Arun Jaitley attends Cabinet meeting, to chair GST Council meet on May 4
• India inks $125 mn loan pact with World Bank for inclusiveness project
• Cabinet approves restructured bamboo mission with outlay of Rs 1,290 cr
• Anmol Ambani enters boards of Reliance Nippon Life AMC, Reliance Home Finance
• Grain target for 2018-19 set at 284 mt, kharif MSP to be raised
• New jobs decline by 1,32,482 in Feb: EPFO
• New Nifty index to track equity savings funds
• Piramal Housing Finance aims to double assets
• Currency hoarding on despite govt, RBI assurance

• India may face pressure to cut duties on 90% of goods traded with China
• Bharti Airtel Q4 profit plunges 78% YoY to Rs 83 crore
• No work for H-1B spouses to affect US firms: Nasscom
• One in four employees unaware of tax benefits: Survey
• Reliance Jio added 8.74 million users in February: Trai
• Govt meets Rs 10L cr credit disbursal target for FY18
• Malaysia’s IHH revises offer for Fortis Healthcare
• Oil crosses $75 mark, highest since 2014 OPEC meeting that led to pump war
• Gujarat’s GNFC turns long term debt free, posts 51% rise in PAT for FY’18
• Tata Steel Kalinganagar misses crude steel output target in FY18
• IDFC Bank Q4 profit falls 76% to Rs 419 mn as bad loan provisions surge
• Bankruptcy cases: Resolution professionals under attack from bidders, NCLT
• NMDC to increase mining capacity to 50 mt by 2019-20
• Reliance Naval plunges over 13% as auditors raise doubts over co’s future
• Bank fraud: ED attaches assets worth Rs 1,122 cr of Vadodara-based Diamond Power
• Duty likely on chemical import from four nations
• Essar sells commercial property in Mumbai to Brookfield for Rs.2,400 cr
• NCLT reserves order in Binani Cement hearing
• Google unveils new search experience for job-seekers in India
• Kotak approves debt resolution plan for Monnet Ispat
• ICICI Home Finance aims Rs30,000 crore loan book in 3-4 years
• Walmart sees Flipkart as key to atone for missteps in China
• Trai can’t fine telcos for not disclosing discounts on tariffs: TDSAT
• Capital Float raises $22 million equity funding from Amazon
• SC to hear RCom plea against rejection of time extension to pay for deferred spectrum liabilities
• Nepal, India discuss revising transit treaty
• Trump Trade War Spurs India to Import More Oil, Drones From US
• Duty-free shops at international airports not outside GST ambit: AAR
• India tops list for flagging inappropriate content on YouTube
• MTNL revival plan on, DoT panel meeting regularly, says CMD PK Purwar
• Tdsat stays Trai’s new market power, tariff reporting norms
• Piramal Housing Finance aims to double assets
• Silver imports from China soar 270% in 2017
• Rising provisioning likely to cause losses in PSBs
• Retail investors get online access to gilts
• Cabinet may clear IBC ordinance today

• Crude import bill may rise 20% in FY19 on soaring prices
• Trai asks Aircel to refund security deposits of users
• Thai firms keen to invest $3 billion in India
• Electrosteel acquisition is credit positive: Moody’s
• Coal supply to power plants may remain tight: KPMG
• Race for Fortis: IHH may file binding offer before April 25
• TCS becomes first Indian IT co to hit $100 bn m-cap
• Patanjali puts in Rs 9,000 crore bid for Ruchi Soya
• India highest recipient of remittances at $69 billion, says World Bank
• Apex court denies relief to Binani Cement operational creditors
• Insolvency: JSW writes to CoC on inviting fresh bids for Essar Steel
• Tata Power, Adani, ReNew Power jostle for space in Odisha to set up units
• Oil dips to $74 as rising US yields steer bulls amid rising crude output
• Time ripe to consider ?pre-packs? under insolvency: NCLT President
• Liberty House sole bidder yet again for ABG Shipyard
• Finmin not for cut in excise duty on petrol, diesel
• Industry, govt think-tank to discuss national e-comm policy
• Reliance Infrastructure Q4 net rises to Rs 160.14 cr
• Lupin gets USFDA nod to market Tetrabenazine tablets
• New industrial policy to be announced soon: Suresh Prabhu
• True North in talks to buy 26% stake in Federal Bank?s NBFC
• Salil Parekh sets 3-year target to stabilize, turn around Infosys
• Edelweiss, Kotak may buy Avantha?s Rs4,300 crore debt
• ICICI Securities IPO under Sebi scanner
• AGS Transact to make third attempt at IPO, aims to raise up to Rs1,000 crore
• Anti-profiteering: NAA’s 1st order goes against consumer
• 10 states account for over 83 pc of e-way bill generation, Gujarat tops chart
• Xi Jinping, Narendra Modi to discuss US? ?protectionist? trade policy, unprecedented developments
• US sanctions on Rusal to hit profitability of Indian auto firms, says Icra report
• Private life insurers increase market share in new business premiums in FY18
• Rupee seen hitting 13-month low of 66.80/$1
• RBI refuses to budge on new NPA rules, infra sector may get hit
• Bond St mystery: Unknown investors purchase Rs 5,734 crore debt in a day

• IMF unveils new corruption policy for member states
• US-China trade war to hurt global growth: EIU
• TCS bets on Business 4.0 to push digital revenue to over $5 billion
• Sebi may seek forensic probe of ICICI Bank books
• Ordinance against fraud fugitives gets President’s nod
• E-commerce think tank to hold first meet on April 24
• Russia adds Google IPs to registry of banned sites
• India’s crude steel output to soar by 38% to 140 million tonnes in 2018
• Ahead of merger with Vodafone, Idea’s 100% FDI proposal under consideration
• Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD
• IIFCL tears into Jaypee Infra bid evaluation process, calls for fair review
• FPI outflow in April at Rs 80 bn on trade negotiations, rising bond yields
• Indian ‘elephant ready to run’ after sustained economic reforms: IMF official
• Govt will roll out a red carpet to foreign steel cos?
• India’s GDP expected to reach $5 trillion by 2025: Economic Affairs Secretary
• Real GDP growth may expand to 7.4% in 2018-19: RBI Governor
• Fugitive economic offenders Ordinance gets Cabinet nod
• TCS platform enables transparent data-sharing
• World Bank approves $13 billion capital boost as US drops objection
• HDFC Bank Q4 net profit rises 20% to Rs4,799 crore
• L&T sells Bengaluru land parcel to Phoenix-CPPIB platform for Rs650 crore
• Investors in IBC companies face a harsh reality
• Tata Motors’ market share in commercial vehicles rises to 44% in FY18 on turnaround strategy
• Flipkart could sell controlling stake to Walmart as early as next week
• IBC, RERA conflict apparent in some bankruptcy proceedings: Assocham
• Mahindra Electric ties up with Meru for e-vehicle project
• RP tells NCLT Rewant Ruia end beneficiary of Numetal
• India calls for increase in voting rights at World Bank
• IMF, World Bank must develop strategy for enhancing public debt transparency: India
• US Hints at China Truce as World Warns of Trade-War Threat
• RBI circular barring banking service for crypto-currencies challenged in HC
• Nickel gains on possible sanction worries
• OTC biz to contribute 15-20% to revenues
• US-China trade war boosts cotton exports

 

TCS Q4 profit rises 4.5%; approves 1:1 bonus issue

WhatsApp leaks case: Sebi scanning Facebook likes

NCLT rules 2nd round of bids for Essar Steel invalid

Fortis board to form committee to evaluate bids

RIL-BP sanction satellite gas field in KG-D6

Blockchain all set to revolutionise shipping industry

Withdraw up to Rs 2,000 via PoS free of charge: SBI

CCI slaps Rs 215 cr fine on Eveready, Indo National

IMF lauds India for ‘right policies’ to lower debt, bats for transparency

Oil soars to 3-yr high as Saudi withholds supply, seeking $80-100 a barrel

As part of $4.2-bn global deal, P&G to acquire Merck India for Rs 12.9 bn

HDFC life Q4 PAT up 24% at Rs 11 billion in FY18; total premiums rise 21%

 

IndusInd Q4 net up 26% at Rs 9.5 bn; divergence seen with RBI on NPA data

Some MPC members doubt if growth would be sustainable: RBI minutes

Net interest income boosts IndusInd Bank net profit up 27%

Group of shareholders seek removal of 4 directors: Fortis

Godrej Security eyes 20% growth in home safes biz

Metal stocks drive Sensex up 96 points; Tata Steel soars 3.2%, YES Bank 2.83%

Rupee dips to 65.80 on dollar demand, rising crude oil prices

Metal stocks shine as LME aluminium hits near 7-year high

RCom tower, fibre assets sale plan suffers setback

Warburg set to exit Avtec, sell 30% stake to CK Birla Group

No relaxation in new bad loan rules, indicates RBI

Government?s fighter jet tenders may be worth Rs1 trillion

SSG Capital buys 47% stake in Shapoorji Pallonji Finance

RBI minutes: Urjit Patel in favour of more data before changing policy stance

US may reject India’s plea to join China in tariff dispute

NCLT directs Essar Steel lenders to consider Numetal, ArcelorMittal bids

‘Jio-fication’ propels Mukesh Ambani to World’s Greatest Leaders List

Group of Ministers proposes ?One Nation One Tax? for commercial vehicles

RBI to recoup forex reserves despite being put on US watch list, says report

India to invest more than 1 billion pound in UK

MSME ministry to hold global SME convention this month

SC allows Sahara to sell properties in Aamby Valley by May 15

FTTL raises 2nd tranche of funds

India leads South Asia in occupational frauds

Defence stocks start rising after Expo boost

Base metals surge on fears of supply disruptions