Tag: Aircel

Morning Business News Round up_December 31, 2015

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Morning Business News :

  • Windfall Awaits Oil Cos As Under-Recoveries To Dip
  • Govt Fears Rs 50K Cr Shortfall In Divestment Proceeds
  • Demand For Big Oil Ships Up On OPEC Output Limit Ban
  • Rcom, Aircel To Pare Debt To Rs 20,000 Cr Ahead Of Merger
  • Government Calls Off Fourth Round Of Coal Block Auctions
  • Civil Aviation Policy To Come For Cabinet Nod In January
  • IT Dept Publishes Names Of 18 Defaulters Owing Over Rs 1,100 Crore
  • Sebi To Seek Report From Commexes And Traders On IT Raids
  • Prakash Steelage To Sell 12.47% More Stake In JV To Tubacex Of Spain
  • Balco Unions Petition PMO To Bail Out Struggling Aluminium Industry
  • Tata International Plans To Widen Agri-Business In Africa
  • IDFC Bank To Turn ₹350-Cr Lanco Infra Loans To Ccds
  • Essar Oil Creates History With Largest Delisting, Offers Rs262.80/ Share

  • Dr Reddy’s Relaunches Nexium Generic In The US Market
  • Experts Hopeful Of Better Times For Investors In 2016
  • India Mobile Phone Subscribers Cross 1 Billion, Shows Trai Data
  • Companies Raised Rs68,608 Crore Through Capital Markets During 2015
  • JMT Auto Promoters Pledge Shares To IL&FS Trust
  • Trai Extends Deadline For Comments On Net Neutrality Issue
  • Govt To Spend Rs5,000 Crore For Solar Rooftop Systems
  • India Needs To Increase GDP Growth Rate By At Least 1-1.5%
  • Indian IPOs Set To Raise Over $5 Bn In 2016, A Six-Year High
  • GAIL In Talks With Golar LNG For Shipping US Gas
  • Sensex Snaps 2-Day Winning Streak, Ends 119 Points Down
  • Gold Prices Poised To End Lower For A 3rd Time In A Row
  • Sebi To Finalise Crowd-Funding Norms In A Few Months
  • BSE’s MF Platform To Accept Orders 24×7 From January
  • Tax Appeal Before Commissioners Must Be E-Filed
  • Norway-Based SINTEF To Help In Recycling Construction Waste

Today’s Wealth Mantra !

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

– Phillip Fisher

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Today’s M & A Deals_Dec 23,2015

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M & A Deals :

  • Reliance Communications, Aircel in talks to merge
  • Shuttl raises $20M from Lightspeed, Sequoia and Times Internet
  • Adinath Agro raises funding from Carpediem, Kotak-backed hedge fund Infina
  • Palred invests $3M more in tech accessories portal LatestOne
  • SARE Homes raises $30M from KKR’s NBFC

  • Medi Assist invests $1M in Gul Panag-backed MobieFit
  • Doctor Insta gets $500K in pre-Series A round
  • Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery
  • Omidyar, Zephyr Peacock invest in Swarna Pragati Housing
  • Reward points startup PlanetGogo gets seed funding from HT Media, NBM
  • RCI Cash Management raises Series A funding from SIDBI
  • Hong Kong-based Vectr Ventures invests in coupons app LafaLafa
  • Home cleaning startup SBricks acquires Melway
  • Promoters sell 1.37% stake in Godrej Properties to Kotak Mahindra

 

Today’s Wealth Mantra !

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.”

-Ron Chernow

 

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Morning Business News Round up_December 23, 2015

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Morning Business News :

  • Govt To Bring Bill For Mandatory National Minimum Wage
  • Govt Fails To Attract Fdi In Defence, Only Rs 56l Since Last Sept
  • Softer Oil Prices Boost Expectations Of Better Earnings
  • China’s Wanda Group Likely To Invest Us$ 1 Billion In Haryana
  • RBI May Revise Gold Bonds’ Pricing Mechanism
  • GAIL Extends Bidding Deadline For $7-Bn Lng Ships
  • Rajan Went With External Committee In Policy Review
  • Rcom, Aircel In Talks To Merge Wireless Biz
  • Tata Steel May Sell Uk Unit To Greybull Capital
  • India’s Q2 Current Account Deficit Narrows To $8.2 Bn
  • Maha Govt Mulls 5% Increase In Ready Recknor Rates From January 1
  • CAG Flays Govt For Unrealistic Expenditure Estimates
  • Ultratech Mine Plan In Chhattisgarh Lands In Troubled Water
  • ONGC Can Convert Rs 5,000-Cr Loan Given To Ovl Into Equity
  • Call Drops: No Coercive Steps Against Telcos Till Jan 6, Says Trai
  • Glenmark Pharma Gets Us Regulator Nod For Bacterial Infection Drugs
  • Nsel-Ftil Merger: Corporate Affairs Seeks More Time To Pass Final Order
  • JP Morgan Tweaks Emerging Markets Portfolio For 2016
  • Cabinet Clears Rs 5,000 Cr Investment In Ongc Videsh
  • High Court Breather For Miners Over Social Impact Funds
  • Orchid Pharma Signs Pact For $800 Million Loan From Uk Firm
  • Ujjivan Slows Mfi Business As It Readies For Switch To Banking
  • Australia Clears Adani Abbot Point Coal Terminal Expansion
  • L&T Realty Looks For Partners In Bengaluru, Navi Mumbai Projects
  • Reliance Jio To Launch Services On 27 December

  • Sensex Ends 145 Points Lower, Nifty Settles Below 7,800
  • Bankruptcy Bill In Lok Sabha: Fm Arun Jaitley Says Country Can’t Wait For Reforms
  • Finmin Cuts Divestment Target By 57% For Fy16
  • Essar Oil Delisting Faces ‘Technical’ Issues; Referred To Sebi
  • RBI Governor Goes With Panel On Rate Status Quo
  • Gold Imports To Touch 1,000 Tonne This Year, Up 11%
  • Zynergy To Invest Rs 400 Cr In Tn Solar Products Plant
  • IRDAI Directs Insurers To Comply With Fatca Rules
  • RBI External Panel Suggested Status Quo In Dec Policy
  • Aurobindo Pharma Gets Usfda Nod For Its Conjunctivitis Drug

Today’s Wealth Mantra !

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.”

-Ron Chernow

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Retail News Round Up_Dec 02,2015

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Retail News :

  • Cadbury owner looking to sell brands in Europe
  • Tiger Global Management raises new global fund of $2.5 billion
  • Fashion startup Styletag secures Rs 50 crore in Angel funding
  • Bite Club raises funds from growX Ventures

  • Locker for logistics provider QikPod raises $9M
  • Airtel to invest Rs 60,000 Cr for upgrading network through Project Leap
  • CNN renews its partnership with with TV18 for CNN-IBN
  • Times Internet acquires Get Me A Shop for an undisclosed amount
  • Aircel introduces data pack at Rs 9 a day for 100MB

 

Today’s Wealth Mantra !

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world”

– Ron Chernow

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Morning Business News Round up_December 01, 2015

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Morning Business News :

  • IMF approves yuan for benchmark currency
  • India’s GDP growth at 7.4%: Experts’ take
  • April-Oct fiscal deficit touches 74% of full-year target
  • Morgan Stanley to cut up to 25% of fixed-income jobs
  • Manappuram Finance to raise Rs 2,000 crore via NCDs
  • Natco shareholders approve amalgamation of subsidiary with company
  • European shares gain as prospect of ECB boost helps carmakers
  • Pidilite Industries buys some assets of CIC Holdings
  • Emami to hike paperboard investment to Rs 2,000 crore in 3 years
  • Non-banking finance companies step in to fill the void, lend more to SMEs
  • Cipla ready to launch low dose HIV drug ‘Efavirenz’
  • McDowell Holdings’ pledged stake in UBL falls to 3.02 per cent
  • Kwality starts product sale under brand name ‘Kwality’
  • Petrol price cut by 58 paise, diesel price by 25 paise
  • Airtel to invest Rs60,000 crore over 3 years to upgrade network
  • RBI unlikely to act on policy rate till Union Budget
  • Nestle resumes Maggi noodles production at all five plants in India
  • Maruti Suzuki plans land acquisition subsidiary for new dealerships
  • Transporting coal via waterways can save govt Rs10,000 cr annually: Nitin
  • Bookmyshow eyes $4 million in ad sales

  • Small NBFCs plan to build sales teams to draw customers
  • HDFC to list masala bonds in London
  • Relief for Adani Power in additional SEZ tax case
  • Bad loans may rise for Shriram Transport Finance
  • Smaller infra companies reward investors as larger rivals struggle
  • Small NBFCs plan to build sales teams to draw customers
  • RIL faces 40% cut in marketing margin on KG-D6 gas
  • With Jio launch near, Airtel to spend ₹60,000 cr on network
  • SEBI outlines new listing norms for exchanges
  • Quikr set to buy Commonfloor for $200 million
  • Euro Zone banking on Draghi to spur economy
  • Plea for ban on Volkswagen vehicles’ sale: NGT notice to Centre
  • Tata Motors set to launch new hatchback Zica in 2016
  • Dr Lal Pathlabs IPO opens next week for its Rs6.4bn IPO
  • Softbank leads $120 m funding in Grofers
  • Volvo to use FAME India scheme for hybrid bus
  • IDBI Bank stock soars on reports of IFC picking up stake
  • MFs exposure to bank stocks hits record high of Rs. 85,376 cr
  • Rajesh Exports bags export order worth Rs. 1,122 cr
  • Subex allots over 1.86 crore shares upon bond conversion
  • RBI eases norms for accessing foreign loans
  • Defence & Aerosupply conclave begins in Hyderabad
  • States want NITI Aayog to be a knowledge disseminating body
  • Port at Thane Creek in 3 months
  • Miles to go for Essar, Rosneft deal
  • Aircel bullish on data, launches new packs

  • Cochin Shipyard IPO set to sail well
  • Listing norm breach may lead to freezing of promoter holding
  • Indian firms line up for Welspun’s green projects
  • Smallcap index outperform Sensex, midcap second straight month

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch

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Retail News Round Up_Sep 23,2015

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Retail News :

  • Government plans to bring GST, Real Estate bills in next Parliament session
  • Ontario Teachers Pension Plan may acquire minority stake in Snapdeal parent Jasper Infotech for $6.5 billion
  • Ecommerce giant Flipkart to launch large-scale marketing campaign in 20 small cities
  • UK fashion brands Topshop, Topman to make India entry through Jabong
  • Aircel to launch mass market 4G by end of this year
  • Qwikcilver ties up with Citrus Pay to enable payment on Woohoo
  • Paytm Is Getting Into BookMyShow Space, To Launch Online Movie, Event Ticketing Marketplace!