Today’s M & A Deals_Dec 08,2015

M & A Deals :

  • Furniture e-tailer Customfurnish.com raises $4.5M from Agnus Capital
  • Paytm buys home services marketplace Near.in
  • Leaf raises $250K in seed funding for women safety wearables
  • Energy analytics startup Zenatix gets funding from Blume Ventures
  • Splitkart gets angel funding from top techpreneurs
  • Dr Lal PathLabs raises $28.6M ahead of IPO
  • Alibaba launches online platform SMILE for Indian SMEs

 

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

 

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Morning Business News Round up_December 08, 2015

Morning Business News :

  • Iran in talks for $4.5-bn gas link to Gujarat
  • Coal India to invest Rs 57,000 crore by 2020
  • Oil at lowest in seven years on OPEC inaction
  • Adani wants law to restrain greens from opposing mine
  • Fitch Affirms India’s sovereign rating at ‘BBB-‘
  • Govt awards NH projects worth over Rs 1 lakh cr
  • Indian e-commerce market to touch $128 bn by 2017: Study
  • JP Morgan AMC sells Amtek’s distressed papers

  • NSE’s delaying tactics intact despite Sebi relaxing norms
  • Cigarette cos hit hard on GST panel suggestion
  • Power shortage, peak deficit at all-time lows of 2.4%, 3.2%
  • Iron ore exports at 10.75 lakh tonne
  • Malaysian govt raises objections to summons in Aircel-Maxis case
  • GMR Group may divest stake in energy business
  • Lanco Infratech commences power supply to Haryana discoms
  • GST: 40% tax proposal for aerated drinks may hit industry
  • Hindalco looks to exit copper mining and focus on smelting
  • com says India one of its fastest-growing markets
  • Adani Group wants Australia to restrict green groups opposing coal mine
  • AIA to raise stake in Tata AIA Life Insurance to 49%
  • Tata Steel may be nearing a deal on UK plant
  • PE funds, NBFCs join hands for big-ticket real estate deals
  • Sensex falls for fourth day, ends 108 points down, Nifty ends at 7,765;
  • Alkem Laboratories, Dr Lal Pathlabs IPOs to hit market tomorrow

  • Tower business sale to improve Reliance Com’s financial profile: Moody’s
  • Godrej Properties sells 300 flats for Rs 700 cr in Mumbai
  • Education loan made easier as govt stands guarantee
  • Mutual Funds see Rs 31,000 cr outflow in Nov
  • Climate talks enter final phase, India promises positivity
  • Insurers want tax sops for home cover buyers

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

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Morning Business News Round Up_Dec 03,2015

Morning Business News :

 

 

  • MSCI Asian stocks are standing tall, but Indian peers wilting
  • Flipkart suffers Rs 2,000-crore wound in bruising discount war
  • Paytm and ICICI Bank to offer virtual prepaid cards
  • M&M recovery rides on economic revival
  • Major rejig at Samsung, slowest growth in 10 yrs
  • Dr Lal PathLabs, Alkem big hits in the grey market
  • Financial products better investment tools, says Jayant Sinha
  • Highway developers to get equitable annuity payments
  • Make in India boost: Government exempts shipbuilding inputs from customs, excise duties

  • DIPP likely to back ecommerce companies in legal tussle with footwear firms
  • Government may consider selling off Scooters India
  • Government may slap Rs 32 crore penalty on Volkswagen
  • CIL’s 3.25 MT capacity project in Maharashtra to start by month-end
  • Tata’s tie-up with ICBC will not impact SBI: says Arundhati Bhattacharya
  • Natco Pharma suspends work at Chennai plant due to flood
  • Oyo Rooms looks to buy rival Zo
  • Janet Yellen signals US interest rate hike not far away
  • Ramdev’s Patanjali eyes a bigger bite of consumer goods pie with ad blitz

  • Narendra Modi remains a popular Prime Minister with 74% approval rating
  • Raghuram Rajan gives rupee bond bulls confidence to forecast end of rout
  • Wipro buys German firm Cellent for $78 mn
  • PVR’s acquisition of DLF’s DT Cinemas faces CCI concerns
  • Sun Life Financial to increase its stake in Birla Sun Life Insurance from 26% to 49%
  • Tata Steel refinances $1.5 billion worth of loans
  • Bad loans may rise for Shriram Transport Finance
  • Manipal Hospitals to tap IBM’s Watson for superior cancer care
  • Insurers may take ₹2,000-cr hit from Chennai floods
  • SEBI will not force MF industry to reduce agents commission: Chairman
  • Fund-raising plan to steer GMR Infra forward
  • Allahabad Bank to decide on insurance arm
  • Bajaj Auto bike sales rise 3% in November; exports take a hit
  • Little gas left at two ONGC blocks; fuel flows to RIL
  • Asset sale may fetch Bhushan Steel Rs 3,000 cr
  • Bharti Airtel Doubts on Project Leap
  • Mutual funds pump in Rs one-lakh crore in equities in 18-months

 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation”

-Suze Orman

 

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