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

Morning Business News Round up_October 28, 2015

Morning Business News :

  • Sebi Looks To Revise Rules For Credit Rating Agencies
  • Rasgas Contract To Cost Petronet LNG Rs 10,000 Cr
  • India Inc’s External Borrowings Down 32% At $2.6 Bn
  • Easier Trade Can Push Global Exports $1tn pa
  • India Overtakes China, Now Biggest Gold Consumer
  • Maruti To Pay Royalty To Suzuki On New Models In Re
  • Govt Plans To Lower Its Stake IDBI Bank: Sinha
  • India Jumps 12 Spots On World Bank’s Ease Of Doing Biz List
  • Tatas, Birlas, Ambanis Take Discount E-Tailers Head On
  • Cairn-Vedanta Merger Deal Not To Be Reworked
  • Govt Sets Up Panel To Simplify Income Tax Laws
  • Railways Receive Rs 2,000 Cr Assistance From LIC For Projects
  • Fitch Withdraws IDFC’s Rating, Reaffirms ‘Good Credit Quality’
  • Airtel Sells 700 Towers In Burkina Faso To Eaton

  • Indigo IPO Subscribed 86% On Day-1
  • India May Attract $6 B From Canadian Pension Fund In 8 Years
  • Japan Offers Conditional Support To Yuan Joining IMF Currency Basket
  • Seed Industry Seeks Policy Support To Boost Exports
  • Japan’s Nippon Agrees To Buy NAB’s Life Unit For $1.7 Bln
  • Tata Trusts, Harvard University Announce Collaboration
  • Essar Ports Fixes Rs. 93.66/Share As Delisting Floor Price
  • Trai’s Call Drop Policy May Increase Tariffs: Telcos
  • Maruti Q2 Profit Surges 42.1% To Rs1,225 Crore
  • Jaitley Sure Of Meeting Fiscal Deficit Target Despite Disinvestment Hiccups
  • US Plans To Sell Down Strategic Oil Reserve To Raise Cash
  • Lupin’s Q2 Results Are A Rude Reality Check
  • Crompton Greaves To Divest Its Canadian Power Systems Business
  • SEBI In Process Of Allowing Foreign Money Into Commodity Markets
  • Sensex Falls For Second Day, Ends 108 Points Down
  • Vedanta Q2 Consolidated Net Profit Falls 41% Yoy To Rs 974 Cr
  • Tata Communications Reports Rs 6.02 Crore Net Profit In Q2
  • IRDAI Issues Guidlines On FDI In Insurance Firms
  • RBI May Seek Info From HK On Bob Scam
  • CTT Removal Demand Linked To STT: Official
  • Dividend From Bank Lifts HDFC Q2 Net
  • Bharat Forge Reorganises European Operations