Morning Business News Round up_November 13, 2015

Morning Business News :

  • MSCI to include 14 China ADRs in EM index
  • US budget deficit widens to $136 billion in October
  • NRI deposits grow to $121.8 bn by 55% during April-September 2015
  • FDI reforms to revitalise India-UK ties
  • India bond ETF, bond index to launch in London
  • Green nod for Tata Steel’s Rs 185-cr Odisha project
  • Raghuram Rajan warns of global threat from easy money
  • September IIP slumps to 3.6%, October CPI rises to 5%
  • 7th pay panel’s draft report riddled with dissent notes
  • Private banks to gain with easing of FDI
  • UK, Indian cos to sign deals worth $13.7 bn
  • Call drops compensation to cost telcos Rs 200-cr a quarter
  • Parliamentary committee calls for one regulator for money pooling schemes
  • Alstom to supply 800 electric engines to Indian Railways

  • 60,000 Maggi WelcomeKits sold within 5 minutes of flash sale
  • Global gold demand hits more than 2-year high in Q3
  • Coal India invites global firms to set up washery in Jharkhand
  • Sterling hits 3-month high after Draghi’s comments drag euro down
  • SpiceJet posts Rs24 crore profit in Q2 on lower fuel prices
  • RBI staff plan strike on 19 November
  • Reliance Jio’s LYF phones miss Diwali launch, sale restricted to staff
  • FDI limit raised for TV channels
  • India, UK announce 9 billion pounds worth of deals
  • Swachh Bharat cess to be levied on portion of taxable service
  • Over 4,660 tons seized pulses offloaded in open market: Govt
  • Indiabulls Housing to buy 40% in UK bank for $100 mn
  • Pragati Maidan makeover on anvil; to cost around Rs 3K cr
  • DGCA allows airlines to roll out zero baggage charges
  • Easing of FDI norms to support investment, GDP growth
  • LIC Nomura launches ETF Sensex, eyes to mop up Rs 200 cr
  • Mkt investors poorer by Rs 4.4L cr so far this fiscal
  • Honeywell plans to grow twice the rate of India’s GDP
  • Cos listed on VSEL to move on BSE dissemination board
  • Sebi lifts curbs on Tea Time in public holding norms case

Morning Business News Round up_November 05, 2015

Morning Business News :

  • Moody’s downgrades VW due to emissions scandal
  • Govt will unveil big power reforms in couple of days
  • RBI issues operational guidelines for gold bonds
  • 5% rise in indirect tax receipts a huge positive: FM
  • Govt dismisses Moody’s report, calls it opinion of junior analyst
  • India, US discuss measures to deepen capital mkts
  • Alstom in major share buyback after GE deal
  • Volkswagen fails emission tests in India, gets notice
  • Banks step up pressure on Essar Group
  • Bankruptcy panel submits report and draft law
  • IDBI Bank to raise Rs 2,800 cr through a QIP offering
  • Cairn-Vedanta merger now by June 2016, says Group firm
  • Maggi noodles clears final tests, relaunch likely late November
  • Vedanta Resources net loss widens in H1 FY16; halts dividend
  • Rajan defends his speech calling for tolerance, mutual respect
  • S. private sector adds 182,000 jobs in October
  • Reliance Infrastructure to exit cement, roads businesses
  • Tata Comm building world’s largest IoT network in India
  • NSE extends waiver of processing fee for MF distributors

  • Solar tariffs in India hit all-time low of Rs. 4.63
  • Standard Chartered said seeking to sell Essar Global loans
  • Godrej Properties Q2 profit jumps 127%
  • United Spirits to sell French winery by November
  • ONGC to buy into Adani-Welspun’s oil block off Mumbai coast
  • India to remain fastest growing IT market in 2016, says Gartner
  • Services sector growth hits 8-month high in October
  • Cars, SUVs prices to rise by Rs 6,000 to over Rs 6 lakh in Delhi
  • DLF Q2 net profit rises 21% to Rs 131.50 crore
  • Call drops’ Re 1 penalty: Trai, telcos headed for fierce court battle
  • Cognizant Q3 net grows 12% at $397 mn, raises revenue guidance
  • Sebi unlikely to challenge SAT order on SRO issue
  • IOC set to open more border routes to Nepal for supplies
  • Ashok Leyland Q2 profit after tax up 137%
  • France reaffirms 2b euros for 3 cities under smart city plan
  • Bata reports Q2 PAT of Rs 54 cr, turnover at Rs 575 cr
  • India has only 1% total retail sales in digital commerce