Tag: FTIL

Today’s M & A Deals_Feb 22,2016

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M & A Deals :

  • Wadhawan Group in talks to buy stake in Citrus Hotel
  • Bain, GIC & Advent buy out Warburg Pincus, others in QuEST for $350M
  • Xpressbees raises $12.5M from SAIF Partners, IDG Ventures, others
  • ICRISAT incubator to float around $15M fund for agri startups
  • Ethnic products marketplace Jaypore raises $5M from Aavishkaar
  • FTIL-NSEL merger stayed till March
  • Indonesian startup GO-JEK acquires Indian firms C42 Engineering, CodeIgnition

 

Today’s Wealth Mantra !

“The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.”

-Clive Granger
Demat_Offer

 

 

Morning Business News Round up_November 03, 2015

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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 15, 2015

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Morning Business News :

  • Blackstone In Talks With L&T To Buy 1 M Sq Ft
  • Virtusa Set To Buy Polaris Consulting For Rs 1,904-Cr
  • Government To Use Stabilisation Fund To Cool Pulses Price
  • Wal-Mart Sees $20 Bn Of Market Value Wiped Out
  • Psus To Ink Pact With Domestic Ships For 50% Of Imports
  • France Reaches Out To India Inc For Investment
  • Govt May Hike Import Duty On Wheat To 25% To Check Imports
  • One-Time Fund Infusion For Stalled Road Projects
  • ASK Group To Raise $1 Bn Across Realty, Private Equity
  • Railways To Ride $140 Bn Investment Plan For Safety, Modernisation And Passenger Amenities
  • FTIL Sells Remaining 11% Stake To Exit Indian Energy Exchange
  • Urea Subsidy: CCEA Approves Rs 7,000 Cr Loan From Banks
  • Lupin-Boehringer Announce Tie Up For Diabetes Drug
  • Coal Case: Court Frames Charges Against Former Coal Secy, 5 Others
  • British Unemployment Hits Seven-Year Low: Data
  • SEBI Asking Rating Agencies To Avoid Suspending Cos Not A ‘Right Move’
  • Unichem Gets USFDA Nod To Market Alzheimer Treatment Drug
  • Richest 1% Own 53% Of India’s Wealth
  • Govt Said To Be Considering Deregulation Of Natural Gas Prices
  • Mahindra In Talks With Banks To Raise Overseas Bond Issue
  • Govt Battles Pharma Firms Over Cough Syrup Abuse, Reducing Supplies
  • HUL Posts Profit Of Rs 962.24 Cr In Q2, Down 2.62% Yoy
  • Coffee Day Enterprises IPO Subscribed 13% On Day 1
  • Top 500 Companies Over-Leveraged, Recovery Still Away: India Rating
  • Claiming Tax Benefit On Serious Ailment Expenses Made Easy
  • Swachh Bharat ‘Cess’ May Hike Petrol, Diesel Prices

Today’s M & A Deals_Sep 24,2015

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M & A Deals :

  • FTIL to now divest 19.06% stake in IEX
  • Ontario Teachers’ Pension Plan to buy Snapdeal stake
  • China’s Lead Eastern to invest $15M in Reliance Games’ Zapak
  • Digital publishing platform Quintype raises $3.25M
  • TVS Capital invests $12.8M in Prabhat Dairy
  • MRG Hospitality acquires Aura Grande for $15M
  • Solar power services firm Fourth Partner raises $2M
  • Mobile Ad Retargeting Platform SilverPush Secures Funding
  • Fourth Partner Energy Raises Funds
  • MRG Hospitality Acquires Mumbai Based Aura Grande
  • 3D Interior Designing Company Furdo Raises Funds