Four factors why Sensex plunged over 400 points !

Snapping the rare gains of previous session, the S&P BSE Sensex tumbled over 400 points on Wednesday to trade just a tad above its crucial psychological level of 24,000, while broader CNX Nifty breached its key 7,300-mark.Both the headline indices have corrected 20 per cent from their all-time highs of 30,024 and 9,119, respectively, which they hit in March last year.Stating that the economy is losing momentum, brokerage firm Ambit Capital had recently said the benchmark Sensex is yet to bottom out and can fall to 22,000 level in the “foreseeable future”. We have compiled four factors that may be dragging markets lower:

1) IMF cuts global growth forecast

International Monetary Fund on Tuesday cut its world economic growth forecasts for the third time in less than a year. The latest World Economic Outlook (WEO) update of the IMF said global growth for this year is seen at 3.4 per cent, up from a 3.1 per cent forecast for 2015, but 0.2 per cent lower than previously forecast.”Risks to the global outlook remain tilted to the downside and relate to ongoing adjustments in the global economy: a generalised slowdown in emerging market economies, China’s rebalancing, lower commodity prices, and the gradual exit from extraordinarily accommodative monetary conditions in the United States,” said IMF.”If these key challenges are not successfully managed, global growth could be derailed,” it cautioned.

2) China slowdown and stimulus policy

China’s economy grew 6.9 per cent in 2015, the slowest pace in 25 years, slipping below the seven per cent mark and sparking concerns both at home and abroad over the continued slowdown in the world’s second largest

economy.The growth rate, released by China’s the National Bureau of Statistics (NBS) on Tuesday, moderated to 6.8 per cent for the fourth quarter, the lowest quarterly rate since the global financial crisis in 2009, and 6.9 per cent for 2015. Now, the weak GDP data has strengthened market expectations the government will unveil more stimulus moves. China’s central bank late Tuesday did reveal it would inject more than 600 billion yuan ($91.22 billion) into the banking system to help ease a liquidity squeeze expected before the Lunar New Year in early February.However, investors believed such a move is usual before the holidays and stopped well short of an actual cut in bank reserve ratios.

3) Fall in oil prices

Crude futures slumped again in Asian trade on Wednesday, losing more than 2 per cent as US oil dropped towards $27 a barrel, its lowest since 2003, on worries about global oversupply.That came after the International Energy Agency, which advises industrialised countries on energy policy, warned that oil markets could “drown in oversupply” in 2016.Brent futures dropped 49 cents to $28.27 a barrel after settling up 21 cents, or 0.7 per cent, in the previous session. The crude fell more than 2 per cent to $28.13 earlier on Wednesday, not far from the 12-year low hit on Monday.

4) Rupee falls to 28-month low

The domestic currency has fallen to lowest level since September 2013 at 67.95 against the dollar on Wednesday,triggering FII outflows. Foreign investors have sold shares worth Rs 6400 crore so far this month, the data on the BSE showed. Weakness in rupee hurts overall gains on existing investments. (With inputs from Agencies)

Courtesy :






Morning Business News Round up_January 18, 2016

Morning Business News :

  • US To Pay Iran $1.7 Bn In Debt And Interest
  • India, EU Officials To Meet Tomorrow On FTA
  • Iran Nuclear Sanctions Lifted, India Can Now Import Oil Freely
  • Hydro Units May Come Under Renewable Energy Ambit
  • Centre Finds An Ally In New-Economy Companies
  • Industrial Recovery To Be Gradual, 2016 GDP Growth At 7.8%
  • Let Rupee Slide To Help Exports Remain Competitive
  • Railways To Manufacture Locos That Run On Diesel, Electricity
  • BSE Brings Institutional Investors Under Self-Trade Checks

  • Coal India Stake Sale May Be Deferred To Next Fiscal
  • Govt To Scan Ways To Ease Listing Norms For Start-Ups Further
  • Fpis Withdraw Rs. 3,483 Cr From Equity Market From Jan 1-15
  • Nbfcs Pitch For Parity With Banks On Tax Issues
  • FDI In Food Processing Sector May Go Up By 25%
  • IMF Resists A Return To Still-Struggling Greece
  • NGT Slaps Rs25 Crore Fine On Adani-Hazira Port, Cancels Environment Clearance
  • Aurobindo Pharma Gets USFDA Nod For Generic Tranexamic Acid Injection
  • United Spirits To Exit From Nepal Subsidiary
  • Air India Seeks Around Rs4,300 Crore From Govt For FY17
  • Sensex, Nifty May Jump 10-15% This Year; Large-Cap Stocks Safe Bet
  • ONGC Videsh Ltd Refinances $1.78 Bn Loan At Lower Coupon Rates
  • Govt To Bear Patent Cost, Relax Procurement Norms For Startups
  • Maruti Suzuki Hikes Car Prices By Up To Rs 12,000
  • Postal Dept To Open 1,000 Atms By March This Year
  • Cement Sector To Revive In About Three Years
  • Global Markets See Another Week Of Sharp Sell-Off
  • Revenue Growth May Remain Muted For Third Quarter
  • Coffee Exports Hit By Lower Production

Today’s Wealth Mantra !

“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.”

– Jim Rogers


Invest instead of spending this festive season !

The festival season is upon us again, and once again we are readying to usher in Goddess Laxmi into our home with Diwali round the bend. While this is the season to be jolly and bring in gifts and goodies for everyone, we are here with something that may well be a gift for you. If you are financially savvy and investing rather than spending is on your mind this Diwali, this blog post is just for you! We are here to tell you which trends are being buoyed by the festive cheer and will also hold you in good stead, over the medium to long term.

  • India is in a sweet spot

First up, let us take a look at the macroeconomic situation. There is little doubt about the fact that there is an undercurrent of buoyancy at the moment in the Indian bourses. This has largely to do with RBI swooping in with a larger than expected rate cut and the promise of more that is finanlly giving the confidence of an economic revival that has been expeted for so long. This economic revival deluded the markets in the first half of the year, with RBI holding onto the rate cuts  and the slowdown in order flows for most of the corporates in the first half of the year.


Things have however taken a turn for the better in the second half and looking forward we can indeed say that the investor confidence is at its peak. This is despite the fact that the global economic situation is far from perfect. India however remains largely insulated thanks to the fact that there are strong fundamentals backing the markets. India is in fact in a sweet spot as compared to the rest of the emerging economies thanks to the cooling oil prices and commodity prices on the one hand and higher indirect tax revenue that will help the Indian Government meet its fiscal deficit target this year.

  • The consumption theme

In this situation, the one theme that is standing out at this moment is that of “consumption”. The numbers too speak volumes. The BSE Consumer Durable Index  has given nearly 25 % returns from October 2014 to now, while the BSE FMCG Index has delivered returns of nearly 5%. Both these indices have outperformed the BSE Sensex that has given returns of 3.24% in the same time period.

And that is not all as far as statistical evidence is concerned. India is largely a consuming economy with a $1500 per capita income that comes on the base of an economy that is currently valued $1.8 trillion economy. With the per capita income expcted to double before the tturn of the decade, there is expected to be a significant rise in the disposable income of the population at large.

Over the festive season and indeed over the long term, the one segment to look upon as attractive is the “consumer discretionary” segment. Companies in this segment are the big retailers, service oriented companies, consumer durable firms and clothing companies. With interest rates coming down now, the basic cost of import is coming down for most of these companies. This, coupled with lower fuel prices has boosted the confidence of buyers. Investors should however look at the “consumer discretionary” segment to come into its full potential over the next two to three years. Our advice is to study the sector up close from now onwards and increase your stakes gradually rather then going the whole hog right away.

  • Betting on the financial sector

The other sector that we are bullish on is banking. The long and short of it is- when consumption is the dominating theme in the Indian bourses, can finances be far behind? Despite the fact that Indian banks are still bogged down by asset quality woes, there is a definite positive turn in the banking sector as of now. The most obvious reason is the fall in interest rates, the transmission of which start reflecting sooner than later. Though the credit offtake still remains unsatisfactory growing below 10% over the past year or so, this trend may finally change, with the hefty rate cuts.

One can safely say at this point that the large private banks are going to outperform their public sector peers going ahead, as they have their asset quality under control and are being buoyed by the talks of an imprending rise in their FDI limits. The good news is that this time round it is not just the large banks but the smaller wholesale banks that will benefit quite significantly from an interest rate cut.

To conclude therefore, we would like to say that going ahead in the next six months, Indian bourses are looking very attractive and raring to go. With interest rates on the imminent downward jouney, the capex plans are being firmed up by Indian companies and this in turn is giving a boost to the consumption theme that has been India’s dominating trend over the last few years. Therefore, wait no longer! This Diwali season, gear up to gain from the Indian markets. We have already given you the themes that are dominating the markets this festive season. Any other help you need while investing, we at Beeline are more than happy to step in!



Morning Business News Round up_November 03, 2015

Morning Business News :

  • Banks In Better Shape But Npas Still A Concern: Moody’s
  • Adani Enterprises Q2 Net Plunges 40% To Rs 299 Crore
  • Global Economy Stutters As Monetary Stimulus Fails To Spur
  • FTIL, MOCBPL Files Defamation Cases Against Activist Ketan Shah
  • Amtek Auto Ropes In Morgan Stanley As Advisors To Pare Debt
  • Rupee Ends At One-Month Low Against Dollar, Down 32 Paise At 65.59
  • HP Inc Shares Outpace Those Of HPE In First Trades Since Split
  • India Inc’s Sales, Profit Move In Opposite Directions
  • Moody’s Gives Banks Reason To Cheer, Upgrades Outlook To Stable
  • Tata Steel Plans To Build Bridges With Tribals
  • September Core Sector Growth Rises To 3.2%
  • Tata Motors Ropes In Lionel Messi As Global Brand Ambassador
  • Indigo Raises Rs 3,010 Cr In IPO, At Upper End Of Range

  • Eros International Locked In Lower Circuit; Tanks 10%
  • Corporate Tax May Be Pruned Ahead Of Schedule
  • India’s Exports Will Do Relatively Well In 2016, Says UN Report
  • Sensex Ends 98 Points Down; Weak Global Cues, Manufacturing PMI Weigh
  • India’s Manufacturing Output Slips To 22-Month Low In Oct
  • NSE To Auction Investment Limits For Rs. 852 Cr Govt Bonds
  • Aurobindo Board Meet On Nov 6 To Consider 2nd Interim Dividend
  • R-Com Buys Sistema; Over To Reliance Jio To Make It Count
  • United Spirits Posts Rs929 Crore Profit In September Quarter
  • Hyundai’s Domestic Sales Jump Nearly 24% In October
  • OBC Q2 Profit Rises Marginally By 3%
  • Indian Overseas Bank Shares Hit 11-Year Low On Disappointing Q2 Results
  • Nasscom Raises Concerns About UK’s Move To Curb Skilled Visas
  • Fertiliser, Electricity Push Core Sector Growth To 3.2% In Sep
  • India’s Energy Emission Growth At 8.2%, Highest Globally: Pwc
  • Brokerages Downgrade L&T On Weak Order Outlook, Valuation; Shares Fall
  • China Gives Biggest Boost To Its Currency Yuan In A Decade
  • Sovereign Gold Bonds To Attract Investors Over Other Options
  • LIC Nomura MF Plans To Mobilise Rs 200 Cr Via New Scheme
  • Oriental Bank Profit Up Over 3% At Rs 301 Cr
  • Reliance Capital Q2 Net Up 15% At Rs 250 Cr
  • Royal Enfield Aims To Expand Global Footprint


Morning Business News Round up_October 21, 2015

Morning Business News :

  • HSBC, Citibank Hire Investigators To Probe Black Money Trail
  • Rcom, Aircel And MTS Begin Talks For Three-Way Merger
  • Mahindra & Mahindra Pips Tata Motors In CV Sales
  • RBI Invites Applications For BBPS Units
  • Govt May Pay Sugarcane Growers Direct To Help Mills
  • S&P Downgrades Vedanta Resources Credit Rating
  • TRAI Call Drop Norms To Hurt Telcos’ Earnings: Bofa-ML
  • BSE Asks Brokers Using Algorithm Trading To Submit Audit Reports
  • Impairment For KG-D6 Block Likely For RIL
  • World Bank Poverty Estimates Are Poor, Says Government

  • US FDA Raises Concerns On Cipla’s Indore Plant
  • Oil & Gas Industry Seeks Slashing Of Rs 4,500 Per Tonne Cess On Crude
  • Tata Steel Says May Cut About 1,200 UK Jobs In Restructuring
  • Bajaj Finserv Consolidated Net Profit Jumps 40% In Q2
  • Biocon Q2 Profit 300% Up At Rs 306 Cr On Syngene Windfall
  • RIL’s Refinery Margins Will Continue To Improve: Moody’s
  • ACC Q3 Consolidated Net Down 40% At Rs. 115 Cr
  • HCL Tech To Buy Volvo’s IT Business
  • Vedanta To Export Over 5.5 Mt Iron Ore From Goa This Year
  • Govt Mulls Raising FDI Limit In News Media
  • Maruti’s Royalty Payouts To Suzuki ‘Extortive’, Says Report
  • Adani Transmission Q2 Consolidated PAT Jumps To Rs. 153 Cr
  • India In Talks To Buy Coking Coal Mines In South Africa
  • Hero Motocorp Q2 Profit Rises Marginally To Rs772 Crore
  • Airtel Raises $400 Million More From Sale Of Africa Assets
  • Govt Likely To Order Audit Of Telecom Firms
  • Rupee Closes 25 Paise Weaker Against US Dollar At 65.06
  • SKS Microfinance Net Profit Up 37% In September Quarter
  • Employment Increases By 5.21 Lakh In FY15
  • FY15 Coal Import Bill Spills Over Rs 1 Lakh Crore; 27.12% Jump
  • TCS Announces Global Alliance Partnership With Tableau Software

  • Govt To Tap Rs 10k Cr Idle Funds For BPL Age, Health Cover
  • Bond Holders Could See Windfall Gain With Hike In FPI Limit
  • Irdai Clears Air On Control Of Indian-Owned Cos
  • India At Rock Bottom In Global Pension Index
  • Ramco HCM Makes Its Foray In The US Market
  • S&P Unlikely To Change India’s Rating Till At Least 2016
  • Attune Technologies Raised $10m In Series-B Funding

Morning Business News Round up_October 19, 2015

Morning Business News :

  • FPIS Pour In Rs 17,000-Crore In Capital Markets In October
  • ONGC Seeks Premium Pricing For Block In KG Basin
  • Coal Block Lease Issues End; 10 Mines To Start Ops
  • Govt Puts Stock Limits On Pulses By Big Retailers, Importers
  • French Police Search VW Offices In Emissions Probe
  • Forex Scam: Banks Face Sebi Scrutiny For Disclosure Lapses
  • Government Seeks Industry Views On GST Provisions
  • Amtek Set To Solve Debt Issue With Jpmorgan
  • Centre Plugs Into Power Reforms To Recharge Distribution
  • Indian Railways To Be Country’s Next Eco-Growth Engine
  • Pension Regulator Seeks Govt Support To Widen Subscriber Base
  • Lanco Wins Income Tax Case In Supreme Court
  • 7,035 Wilful Defaulters Owe Rs 59,000 Cr To PSU Banks
  • Reliance Jio To Share Rcom Spectrum In Seven Circles
  • India Among Top 10 Acquirers In US Market This Year
  • Maruti Mulls Offering Safety Package As Option In Mass Brands
  • Jaitley Pledges A Friendly Tax Regime, 25% Corporate Tax
  • Eyeing Consistency, CBDT Streamlines Transfer Pricing Norms
  • IPO-Bound Profitable Indigo Has Negative Networth
  • Bob Case: Court Extends Custody Of Four Accused By 6 Days
  • India Drug Industry Says US-Led Trade Deal Will Raise Prices
  • Cement Prices Drop In Delhi-NCR After Builders Allege Cartelization
  • Reliance Industries Q2 Net Profit Rises 12.5% To Rs6,720 Crore, Beats Estimates
  • Monsanto India JV Sues Eight Seed Companies
  • Deutsche Bank Splits Investment Bank In Two As Part Of Overhaul

  • Shoppers From Smaller Towns Drive Business During Amazon Sale
  • Govt Seeks Views On New Guidelines For Solar Projects
  • MTS Planning Rs 1 Lakh Accidental Insurance For New Customers
  • MFS Roll Out E-KYC To Make It Easy For New Investors
  • BSE To Trawl Social Media For Information On Listed Cos
  • RIL Shifts Idle Cash To Mfs From Treasury
  • Govt To Lower Stake In IDBI Bank To 49%
  • REC Plans To Garner Rs 700 Cr Via Tax-Free Bonds
  • China Re Raises $2b In HK IPO After Pricing Deal At Top

Morning Business News Round up_October 14, 2015

Morning Business News :

  • Maruti Banks On Baleno For Hatchback Slot
  • Sun Pharma’s US Arm Taro Buys Zalicus Of Canada
  • Tax Refunds For India Inc To Ensure Fair Start To GST
  • Govt May Extend Anti-Dumping Duty On Cold Rolled Steel
  • BSE Becomes World’s Fastest Stock Exchange: Chauhan

  • Bob May Appoint Audit Agency To Probe Forex Scam
  • Overseas Investments By Indian Firms Fall To $1.24 B In Sept
  • TCS Q2 Net Up 6% Q-O-Q At Rs 6,055 Cr
  • SBI Gets RBI’s Nod For Starting Real Estate Subsidiary
  • NPCI, Building India’s Retail Banking Backbone
  • Indian Refiners Pay $700 Mn Oil Dues Second Tranche To Iran
  • Videocon Loan Conversion Enabling Resolution Passed At EGM
  • Tata Trusts To Be A Founding Partner Of Bharat Fund
  • Govt Issues Spectrum Trading Guidelines
  • NSE To Launch New Facility On Wednesday
  • FTIL Makes Last-Ditch Effort To Avoid NSEL Merger
  • IIP Numbers Encouraging, Govt To Continue With Reforms: Finmin
  • Chemists To Strike Nationwide On Oct 14 Against E-Pharmacy
  • Coffee Day Allots Shares Worth Rs. 334 Cr To Anchor Investors
  • Govt Frames Rules For Cab Aggregators Like Ola, Uber
  • AB Inbev To Buy Sabmiller For $104 Billion In Record Deal
  • DCB Bank Q2 Profit Falls 10.1% To Rs36.93 Cr On Higher Provisions, Tax Costs
  • R-Jio Starts Testing Jio Money For Merchants
  • Infosys To Start Seeing Meaningful Impact Of Automation By March 2016: Sikka
  • Bank Of Baroda Money Laundering Case: HDFC Bank Official Among 4 Arrested
  • Sensex Closes 57 Pts Down, Nifty Settles At 8,132; DB Realty Soars 10%
  • China Plans To Cut GDP Target To 6.5% In Next Five-Year Plan
  • India In Goldilocks Period; GDP Likely At 7.6%: Nomura
  • S&P Assigns Investment Grade Rating To M&M With Stable Outlook
  • Nippon Life Buys 14% More Stake In RCAM For 1,196 Cr
  • Sebi To Take Up Tax Concessions For Startups With Govt
  • Commercial Space Absorption Up 20% In July-Sept Quarter
  • ICICI Pru Life, Tata AIA Life Warned For Violations
  • Govt To Review Sugar Export Policy After Prices Rise
  • Suven Life Gets Patent For Neuro-Degenerative Drug

Morning Business News Round up_October 12, 2015

Morning Business News :

  • High Burnout Rates Pushing Investment Bank Pros To Join Start-Ups
  • India Seeks More FDI In Insurance, Defence: P Mukherjee
  • Arun Jaitley Pitches For Reforms In World Bank At Global Meet
  • Kingfisher Diverted Portion Of Loans To Tax Havens
  • India Cuts Holdings Of US Govt Securities To $116.3 Bn
  • Coffee Day, Indigo To Beef Up IPO Mkt To 4-Yr Record
  • Unichem Plans Sale Of Domestic Formulations Biz
  • ONGC May Not Get Much Compensation In Gas Dispute With RIL
  • Govt Committed To Upliftment Of Downtrodden, Says Modi
  • $15-20bn Of Commercial Space Eligible For Reits In 2-3 Years
  • IMF-WB Appreciative Of India’s Policy Steps: Finmin
  • RBI Net Seller Of Dollars In August, Sells $1.559 Bn
  • Bombay HC Refuses To Grant Extension To Elder Pharma To Repay Rs 155 Cr
  • India Climbs One Rank With A 32% Sprint In Brand Value
  • 57 Coal-Based Power Units Identified For Upgrade
  • Adhia Outlines Reforms To Bring Down Graft In I-T Dept
  • Novartis Buys Another 2.5% In Israel’s Gamida Cell

  • GMR Infra, Japan’s JGC In Pact To Co-Develop Food Processing Park
  • WTO Effect: India May Halt Export Subsidies For Raw Sugar
  • Vedanta Trims Opex, Capex In Second Quarter
  • BSE Drops Plans For Separate Commodity Bourse
  • CBI Searches Bob Branches Over Suspected Black Money Transfer
  • Swan Energy Gets Shareholders’ Nod To Mop Up Rs.1,200 Crore
  • EPA’s New Volkswagen Probe May Reveal Failure To Disclose
  • Bandhan Bank To Raise Rs500 Crore From Investors By March
  • Amazon, Flipkart, Snapdeal Flouting FDI Norms: CAIT
  • Consumers To Splurge $8 Bn On E-Commerce This Festive Season: Assocham
  • Market Outlook: Earnings From Infosys & TCS, Macro Data To Set Trend
  • Govt To Commission Study On Impact Of FDI In Pharma
  • Rate Cut Tempts Shoppers To Buy New Cars, Major Appliances
  • Top 9 Cos Add Rs 80k Cr In Mkt Cap; ONGC Steals Show
  • Traders Asked To Pay Advance Tax Rather Than Returns
  • Windows 10 Fails To Revive Sagging PC Shipments In Q3
  • Irdai Panel Sets 175% Solvency To Repatriate Capital
  • NPS Assets Rise 38 Pc To Top Rs 1 Trillion Mark

Morning Business News Round up_October 09, 2015

Morning Business News :

  • Us Fed Worries About China Slowdown, Strong Dollar: Minutes
  • Accenture Plans To Hire Nearly 100,000 In Fy16, Spend $1 Bn On Acquisitions
  • ‘Ongc’s Natural Gas May Have Gone Into Ril Fields’
  • Fund Houses Of Rel, Hdfc In Race For Goldman’s Mf Biz
  • Imf Chief Lagarde Sees Tough Policy Trade-Offs
  • Us Jobless Claims Fall To Near A 42-Year Low
  • Digital Tie-Up Failure Puts Cos At $1.5 Tn Growth Risk
  • Govt Gives Tax Sops On Molasses To Boost Ethanol Production
  • Rbi Liberalises Norms For Booking Of Forward Contracts

  • India Pushes For Greater Trade With Latin America
  • RBI Revises Risk Weight, Loan To Value Ratio Norms Home Loans
  • Cipla Ties Up With Serum Institute To Supply Vaccines In South Africa
  • Off-Grid Wind Power Projects To Face Financing Issues: India Ratings
  • Care Assigns Investment Grade Bbb- Rating To Suzlon
  • Tata Teleservices Pins Its Hope On Viom Stake Sale
  • Government In Fta Talks With Peru
  • Vodafone Gets Reprieve From Hc In Transfer Pricing Case
  • Moody’s Assigns Lowest Investment Grade Rating To M&M
  • Green Panel Nod For Import Of Coal With Higher Ash Content
  • Era Of Tax Avoidance Over For Corporates: Cbdt Chief
  • Police Raid Vw Hq, Us Chief Admits Knew Of Problem In 2014
  • BSE Penalises 370 Firms For Not Getting Women On Board
  • Urban Mfi Borrowers Outstrip Rural Counterparts
  • GMR Likely To Charge User Development Fee At Hyderabad Airport
  • Volkswagen India To Recall 389 Polo Cars
  • DLF Promoters To Sell 40% Stake In Rental Arm
  • TVS Logistics Buys Majority Stake In Australia’s Transtar
  • Most Major Economies Weakening, But India’s Growth Firming Up: Oecd
  • Home Buyers Can Now Get More Loan For Property Up To Rs 30 Lakh: Rbi
  • India Not Even Close Where China Was 5 Yrs Ago: Chinese Daily
  • 14 Indian Families In Forbes’ 50 Richest Families In Asia; Ambanis On 3rd
  • Maggi Ban: Nestle Questions Ncdrc’s Jurisdiction To Try Suit
  • India Needs Bold Reforms To Achieve True Potential: Hsbc
  • PE Funding In Realty Expected To Touch $10b This Fiscal
  • Payment Of $700m To Iran Won’t Impact Currency Market: Rbi
  • Depreciating Rupee, Appreciating Nri Realty Market
  • MRPL Plans To Set Up Lng Terminal At Mangalore Port
  • Reliance Infra To Sell Cement Business To Cut Debt

Morning Business News Round up_September 28, 2015

Morning Business News :

  • Foreign Investors Get Relief From Controversial MAT
  • Marriage Of Regulators: FMC To Merge With Sebi
  • Mobiles To Fall Under Separate Category In Revised IIP
  • Lenders Approve Higher Cost In 4 Lanco Projects
  • Russian Traders Want JV With Indian Tea Cos
  • Maruti’s Agitating Workers Chalk Out Future Strategy
  • NALCO To Invest Over Rs 65K Cr For New Projects
  • FIPB To Take Up 31 FDI Proposals On Tuesday
  • India Will Be $20-Trillion Economy: PM At Facebook Event
  • Rajeev Agarwal To Oversee Commodities At Sebi
  • Fpis In Selling Mode, Take Out Rs 6,000 Cr In Sept
  • Top Six Cos Take Rs 53,886 Cr Hit In Market Valuation
  • MMTC To Produce, Market Sovereign Gold Coins
  • ICICI Makes Aggressive Push In Unsecured Loans
  • Jpmorgan Schemes To Hive Off Amtek Holdings
  • Liberty To Raise Stake In Joint Venture With Videocon To 49%
  • SEBI Steps Up Measures Against SMS, Social Media Scams
  • India Will Play Big Part In Driving Technology Forward: Pichai
  • Lenders Want Amtek Promoters To Inject Some Equity First
  • Four SME Ipos To Hit Capital Markets This Week
  • BSE Gets Shareholders’ Nod To List Its Shares
  • Moserbaer To Focus On LED Products, Targets ₹500-Cr Market Size In 3 Years


  • Govt To Complete Spectrum Harmonisation By December End
  • Xi Jinping Pledges $2 Billion For South-South Cooperation
  • Laid-Off Ssangyong Workers In Mumbai Seeking Reinstatement: Mahindra
  • German Transport Authority Asks Volkswagen To Present Car Clean-Up Plan
  • Narendra Modi Shows Keen Interest In Tesla Technology
  • Modi Invites Apple CEO Tim Cook To Set Up Manufacturing Base
  • SAIL Invests Rs 2,600 Cr In Rourkela Plant For Hot Rolled Coils
  • Qualcomm Announces To Invest $150 Mn For Indian Start-Ups
  • ITC Aims Rs 18K Cr Revenue From Agriculture Business By ‘21
  • US FDA Revokes Approval For Sun Pharma’s Seizure Drug Over Compliance Issues