Today’s M & A Deals_March 17,2016

M & A Deals :

  • Mark88 floats education infrastructure fund
  • SIDBI comes as cornerstone investor in Sixth Sense Ventures’ debut fund
  • India Life Sciences Fund II invests in Biorad Medisys
  • OIL, BPCL, IOC to pick 30% stake in Russian Taas-Yuriakh oilfield for $1.3B
  • NCC to sell 16% in power project to Sembcorp for $52M
  • Milestone exits Bangalore commercial asset at $22M
  • Avagmah raises funding from Kris Gopalakrishnan and Atul Nishar
  • Gapoon raises $180K in angel funding
  • Cipla invests $3M more in Chase Pharmaceuticals
  • Fashion social network WithMe raises angel funding
  • Rosneft to buy 49% stake in Essar Oil
  • Persistent Systems to buy Australian cloud solutions firm

 

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest.”
― Benjamin Franklin

current scheme

Morning Business News Round up_December 22, 2015

Morning Business News :

  • Indian Tech Firms Paid $22.5 Bn Taxes In US
  • Government Introduces Bill For Bankruptcy Law In Parliament
  • Iran Woos Indian Refiners To Drive Oil Sales In Cut-Throat Market
  • SBI To Raise Up To Rs 12,000 Crore By Tier-II Bonds
  • $12 Bn Deal Signed In China To Make 1.5L Electric Cars
  • DRI Investigating Over Invoicing Of Imported Coal
  • Excise Exemptions May Be Whittled In Budget
  • Oil Dips To 11-Year Low; CLSA, Goldman Sachs See $20 Levels
  • Glenmark Ends Patent Dispute For Anti-Depression Drug Savella
  • M&M, Tata Motors, Maruti Team Up To Develop Components For Hybrid, E-Vehicles
  • Toshiba Warns Of $4.5 Bn Fiscal Loss As Shares Slump 9.8%
  • Godrej Agrovet Buys Majority Stake In Creamline Dairy
  • HDIL Sells Land Parcel In Kurla To Dheeraj Realty Arm
  • Strides Shasun Gets DCGI Nod For Manufacturing Hepatitis Drug
  • RBL Bank Raises Rs488 Crore In A Pre-IPO Round Of Fund-Raising
  • Sun Pharma Stock Falls 4.5% After US Regulator’s Warning
  • Sebi Seeks Status Report On Basic Services Demat Accounts
  • R-Com Sells 150 Residential Flats In Navi Mumbai For Rs330 Crore
  • Retailers Expect Robust State-Wise Retail Policies In 2016
  • Sensex Closes 217 Points Up At 25,736, Nifty Settles Above 7,830;
  • Icra Doubts Faster Monetary Transmission Under RBI Norm
  • India To Offer Site In Andhra Pradesh To Russia For Nuke Plants
  • Spicejet Records Highest Seat Factor Among Domestic Airlines

  • Brent Crude Falls Almost 2 Per Cent To 2004 Low
  • New RBI Norm For Rate Calculation Credit Positive: Moody’s
  • FIPB Clears Eight Proposals Worth Rs 1,200 Crore
  • Foreign Firms Cash Out As Mfs Near Rs 15 Lakh Cr Mark
  • RBI For Fewer Categories Of Nbfc’s For Better Coordination
  • Cipla Launches Generic Hepatitis C Drug In India

Today’s Wealth Mantra !

“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.”

-Mark Skousen

Connect with us

 

Morning Business News Round up_December 07, 2015

Morning Business News :

  • Iran To Sign $3 Bn Gas Contract With Consortium Of Indian Cos
  • Micromax Annual Revenues Cross Rs 10,000 Crore In 7 Years

  • Rajya Sabha Numbers Make GST Bill Talks Binding On NDA Government
  • Fairfax Holdings, Changi In Talks With GMR To Invest Rs 3,200 Crore For 30% Stake In Airport Biz
  • Bus Aggregation Startups Like Shuttl, Zipgo To Benefit From Arvind Kejriwal’s Odd-Even Rule For Private Vehicles
  • Sebi Show-Cause Notice May Hinder RBL Bank’s Rs 1,450 Crore IPO Plan
  • Cipla Reshuffles Its Senior Management Team Again
  • Delhi & Tokyo May Ink Pact For India’s First Bullet Train During Japanese PM Shinzo Abe’s Visit
  • Adani Ports Keen To Enter Maharashtra, Andhra Pradesh, Karnataka And Foreign Nations
  • Shemaroo Partners With DTH Players To Launch ‘Miniplex’
  • Tata Steel May Be Nearing A Deal On UK Plant
  • Railways Has Undertaken PPP Projects Worth Rs 14,000 Crore
  • Irdai To Launch Portal For Health Insurance Plans Information
  • Baidyanath To Make FMCG Foray With Cosmetics, Wellness Products
  • Telecom Companies Suffers Rs 300 Crore Loss Due To Chennai Floods
  • Sebi Likely To Set Strict Norms For Stock Exchange Shareholders

  • Chennai Banks To Remain Open On Sunday To Get Cash Flowing
  • Hindalco Looks To Exit Copper Mining And Focus On Smelting
  • Essar Oil To Delist At Floor Price Of Rs146.05 A Share
  • Leverage Ratio For Banks Can Rise As High As 5%
  • GMR Infra Inks $300-M Bond Deal With Kuwait Investment Body
  • Sona Koyo To Launch Power Steering For Small Tractors
  • Apollo Tyres Resumes Operations At Oragadam Plant
  • Tata Sons To Acquire Additional 0.22% Stake In Titan
  • Sanofi Arm Launches Polio Vaccine In Domestic Market
  • Godrej Launches Cuisine Regale, A Lifestyle Modular Kitchen Gallery Brand
  • Birla Group To Expand Textile Value Chain
  • Progress On GST To Set The Trend For Equity Markets
  • Cera Plans Enhanced Presence In Central India
  • Tata Group Eyes $350 Billion Market Cap By 2025

Mondaymotivation Wealth Mantra !

“The investment in knowledge always pays the best interest”

-Benjamin Franklin

Connect with us

Today’s M & A Deals_Nov 04,2015

M & A Deals :

  • Wassup acquires Chamak to strengthen laundry services play
  • Boibanit gets $150K for meals delivery play
  • Loanbaba.com gets $320K in angel funding
  • Deyor Rooms gets $500K from Redcliffe’s Jain, others
  • KKR forms over $300M Asian media investment platform with Chernin
  • Cipla’s PE deal with Eight Roads for consumer healthcare unit hits roadblock
  • India Inc’s overseas acquisition appetite remains subdued
  • Private bus aggregator Cityflo gets $750K from IDG Ventures
  • Activision Blizzard to buy Candy Crush maker King Digital for $5.9B
  • Astral Poly completes acquisition of Resinova Chemie
  • StanChart to cut 15,000 jobs, raise $5.1B

 

 

Morning Business News Round up_October 30, 2015

Morning Business News :

  • Govt To Announce New Civil Aviation Policy Today
  • FATCA Fact: New US Tax Law Is Shaking Up Indian Trusts
  • US Economy Slows To 1.5% Growth In Q3
  • RBI Opens National Pension System For Nris
  • India Will Offer Concessional Credit Of $10 Bn To Africa: PM
  • Volkswagen Meets Indian Government On Emissions
  • Sebi Cuts IPO Paperwork; Notifies 5-Sheet DRHP
  • Dr Reddy’s Q2 Net Up 26% At Rs 722 Cr
  • Govt Clarifies Tax Treatment Of Offshore Rupee-Denominated Bonds
  • Telecom Regulator Sticks To Compensation Order On Call Drops
  • Cipla Sells Stake In Chinese Biotech Firm
  • IDFC Bank’s Net Worth Pegged At Rs 13,322 Cr
  • Airtel To Return 50% Mobile Data Used At Night,Makes Wynk Free
  • US Plan To Mandate FDA Audit Of Farm Imports Irks India
  • World Bank Retains India’s Growth Rate At 7.5% This Fiscal
  • Grasim Net Up 17% On Higher Cement Volumes
  • NTPC Q2 Net Profit Rises 40% To Rs. 2,898 Cr
  • Nestle India Q3 Profit Dives 60% On Maggi Noodles Ban
  • Govt Approves 16 FDI Proposals Worth Rs 4,722 Crore
  • India Unprepared To Tackle Online Data Security
  • BPCL, Oman Oil Looking To Sell 24% Stake In Bina Refinery
  • Yes Bank Q2 Profit Rises 26.5% To Rs610 Crore
  • Pfizer In Talks To Merge With Botox-Maker Allergan

  • GE Said To Plan Close On $9.3 Billion Alstom Purchase
  • Volkswagen May Recall 100,000 Diesel Cars In India
  • Sensex Falls For Fourth Day, Ends 201 Pts Down, Nifty Ends At 8,111
  • India Ratings Lowers India FY16 Growth Forecast To 7.5%
  • US Fed Decision Provides More Space To Emerging Markets: Shaktikanta Das
  • US Lawmakers Oppose Indian Norms On Pulses’ Stock Limit
  • Small And Midcap Funds Fare Well In Q2: CRISIL
  • Interest On Rupee Denominated Bonds To Attract 5% Tax
  • IRDA Clears Air On Repudiating Life Covers
  • IPO Of Indigo’s Parent Co Over-Subscribed 3.63 Times
  • Make Single Premium Policy Tax-Free, Insurers

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 04, 2015

Morning Business News :

  • India Will Continue To Outperform Peers: Atsi Sheth, Moody’s
  • India Loses Rs 2 Tn Annually To Corrosion Of Infra
  • Shrinking US Trade Gap Shows Economy’s Strength
  • RBI’s New Base Rate Norms To Hit Bank Profitability: Crisil
  • Decline In Exports “Pulled Down” GDP Growth By 3%: FIEO
  • IREDA Plans To Raise Rs 600 Cr Via Tax-Free Bonds
  • Cipla Set To Buy Hetero’s US Ops For $550 Million
  • Airlines Drag Govt To Court Over Ground-Handling Fiat
  • Govt To Give Priority To Infra Development: Nirmala
  • UAE Government Keen To Invest In India
  • RBI Will Consider Deflation While Deciding Interest Rates: Jayant Sinha
  • CBDT Asks Officials Not To Pursue Pending MAT Cases
  • Pre-Payment Issuers Petition RBI On Payments Bank Licence Issue
  • Novartis Makes History With US Launch Of Biosimilar Drug
  • Goa Iron Ore Miners Grapple With High Taxation, Lower Ore Prices
  • NSE Enters Into Mou With Stock Exchange Of Mauritius

nseimage

  • IRB Infra In Pact With NHAI For Rs. 2,650 Cr Road Project
  • Hero Cycles Bags Order For 7.5 Lakh Bicycles From West Bengal
  • Corp Bond Private Placement Hits 4-Month High At Rs. 46K Cr
  • Hedge Funds Adopt A Go-Slow Approach On Indian Start-Ups
  • NPS Managers Can Actively Manage Equity Funds: PFRDA
  • India’s Economy Will Achieve 8-8.5% Growth Rate: Pranab Mukherjee
  • RIL, ONGC Face 14% Cut In Natural Gas Price
  • Suzuki Chairman Tells Indian Vendors To Stop Investing In Hotels, Leisure
  • Coal Ministry Seeks Exemption From Forest Clearances
  • Sensex Snaps 3-Day Losing Streak, Closes 311 Points Up, Nifty Settles Above 7,800
  • Empower Retail Investor To Curb Mis-Selling: Panel
  • Green Fund To Transform 96,000 Km Nhs Into Green Corridor
  • Swiss Banks Moving ‘Full Speed’ On Automatic Tax Info Exchange
  • Govt To Pay State Traders Rs 113 Cr For Import Losses
  • Govt To Invest Rs 8.5 Lakh Cr In Railway