Morning Business News Round Up_Jan 10, 2019

  • Saudi to slash oil exports by 800,000 barrels per day
  • Ashok Leyland bags orders for 2,580 buses
  • RBI makes changes to Gold Monetisation Scheme
  • Telcos fail to meet quality norms in Jun-Sep 2018
  • Govt recommends Maharatna status to Power Grid
  • Banks give $900-million idea to Jet to stay afloat
  • Telcos for lawful interception of OTT messages
  • IndusInd Bank posts 5% growth for Dec quarter due to IL&FS provisioning
  • Adani Group may pick 51% lenders’ stake in TN’s power firm Coastal Energen
  • Drop in oil, metal prices likely to hurt Nifty50 companies’ Q3 net profit
  • Aurangabad, Chennai plants may be sold, not shut: Pfizer tells employees
  • Maharashtra cooperative mills seek release of pledged sugar held with PSBs
  • India poised to become third-largest consumer market: WEF
  • India’s bauxite output growth to accelerate: Fitch
  • IOC bullish on producing fuel from CO2 in 3 years
  • ABB’s global business rejig will benefit Indian operations
  • MCA summons officers, directors of Usha Martin
  • Adani Group to develop Data Center Park in Vizag
  • Venture capital exits climb to a record $165 billion in 2018
  • Interim Budget 2019 on 1 Feb, Jaitley may play poll tune
  • Bhushan Steel to raise ₹24,000 crore from Tata Steel
  • 30 suitors line up for IL&FS road asset sale
  • Essel Group in talks to raise $400 million to refinance debt
  • Auto firms say steel import norms will delay manufacturing
  • GST will boost India’s economic growth in coming years: India Inc
  • Air India stake sale to fetch Rs 7,000 crore; govt eyes disinvestment next fiscal year
  • Buy-backs, dividends to government left HAL poorer by Rs 15,500 Crore
  • Binani Cement: SC rejects Dalmia Bharat’s review petition
  • Shell acquires 26% stake in Hazira LNG
  • Asirvad to secure PE funding; aims for IPO, Rs 10,000 crore AUM
  • CII for doubling I-T exemption to Rs 5L, hiking 80C deduction limit
  • Rs 18,000 crore subsidy in works for stressed gas-based power projects

Morning Business News Round Up_ Dec 12, 2018

  • USD 300-bn investment in energy in coming decade: Min
  • Rel Jio to hive off fibre, towers into separate units
  • Mallya’s extradition to speed up loan recovery: SBI
  • India to add 10,000 MW renewable energy capacity
  • RBI not dependent on any particular individual: Niti
  • Modi may forgive farm loans to win back rural voters
  • Indiabulls Ventures’ promoter Sameer Gehlaut, 5 others settle case with Sebi
  • Shaktikanta Das, who steered demonetisation drive, is new RBI governor
  • Economist Surjit Bhalla quits Prime Minister’s Economic Advisory Council
  • RBI remains net seller of dollar in Oct, sells $7.2 bn of greenback: Data
  • CCI approves Tata Sponge Iron’s acquisition of Usha Martin’s steel business
  • Cadila Healthcare subsidiary gets USFDA nod for ulcer treatment injection
  • Gas trading hub to be set up soon: Pradhan
  • Centre sells stake in IndianOil
  • EEE tax status will encourage retail participation in NPS, says PFRDA chief
  • Shipping Ministry unveils platform to fast-track payments
  • IndiGrid sees growth potential in sale of transmission assets
  • Alpha Capital invests ₹160 crore in Hero Electric
  • Airtel hopes early amicable resolution of Niger tax dispute
  • India to add 10GW of renewable power in FY20: ICRA
  • Mapletree to invest in logistics assets in India
  • IHH Healthcare moves to allay CCI’s concerns on Fortis deal
  • Safeguard duty: Import of solar cell declines, domestic firms’ market shares up
  • Saradha chit fund scam: NCLT orders closure of 13 group companies
  • JSW Cement looks to expand presence in east
  • Air India calls bids to sell Nariman Point building
  • UK judge critical of Indian banks in providing loans to Vijay Mallya
  • EU rules out renegotiation as May seeks help from Merkel
  • Rupee slips 53p on Patel’s exit
  • G&J exports to US to grow 10-15% this year
  • Bank recap hinges on AQR of 200 large accounts
  • Icra assigns negative outlook to domestic airline industry

Morning Business News Round up_December 09, 2015

Morning Business News :

  • V-Guard On Acquisition Spree With Rs 500 Crore Kitty
  • Promoters Look To Sell Home Finance Business Of AU Financiers For Up To Rs 1,000 Crore
  • India’s Media & Entertainment Business Ranks 4 In The World In Attracting Investment
  • Havells To Dilute Majority Stake In Sylvania To Focus On Domestic Market
  • Despite RBI’s Solution, Banks Can Still Disguise Bad Debts
  • Kaya To Acquire Majority Stake In UAE-Based Iris Medical
  • Yes Bank Commits $5 Bn For Climate Action In India
  • Rourkela Steel Plant Sets Up 1 MW Solar Unit
  • NMDC Gets 3 New Non-Official Independent Directors
  • SBI Says Never Agreed To Fund Adani Group’s Australian Coal Project
  • Standard Chartered Raises Rs 14 Crore From Rights Issue Entitlements Of Idrs
  • Unichem Lab Gets USFDA Nod For Hypertension Drug
  • Iran Topples Kuwait To Become India’s Fifth Largest Oil Supplier
  • Air India Doubles Revenue From Star Alliance

  • Oil Steadies After Hitting 2009 Lows
  • Sebi Likely To Bring Crowdfunding Under Regulatory Framework
  • Ipos Of Dr Lal Pathlabs And Alkem Labs See Good Demand
  • RBI Governor Raghuram Rajan Optimistic About Passage Of GST
  • Fairfax Acquires Additional 22% Stake In IIFL For Rs1,341 Crore
  • Vodacom To Buy Majority Of Tata Comm’s Neotel Fixed Line Business
  • Vodafone Announces 4G Services Roll-Out
  • Smart Cities, Energy And Mobility Our Target Areas: Siemens India CEO
  • Tata Motors Launches New Variant Of Safari Storme
  • Govt Falls Short Of Target For Power Purchase From Renewable Sources
  • Toyota To Hike Vehicle Prices By Up To 3% From January
  • Alkem Lab Upbeat On Growth In Domestic, Global Markets: CEO
  • American Footwear Brand Skechers Plans Local Manufacturing
  • Maruti Suzuki Unveils Discounted Service Scheme
  • L&T Bags Orders Worth Rs. 1,960 Cr
  • Gati Infra To Raise £100 M For Green Energy
  • Bankers’ Clear Electrosteel Steels SDR Package
  • Hetero Gets DCGI Nod For Hepatitis C Drug
  • PFC Board To Consider Interim Dividend Next Week
  • Wockhardt Gets QIDP Status For New Antibiotic Drug
  • Cognizant Pledges $40 M For Flood Relief
  • Chennai Reconstruction To Push Up Cement Demand
  • Ashok Leyland Set To Change Track After Expansion Spree
  • ONGC Supports Cairn Plea For Rajasthan Block’s Term Extension
  • Railways Plans Metro Coach Factory In WB

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

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